Hello steemians it's my pleasure to take part in this contest, I hope you all are doing great, thank you @harferri organising this contest.
INTRODUCTION
It is true that #club5059 has brought about massive growth of Steem's economic value. Great changes has also took place in steemit platform as well, steempower grows, more active and serious minded members, communities growth increases active communities also stand out, this great changes happens in a short period of 30 days ago, all because of #club5050. Now what is this club all about, read on to know how I understand this club.
WHAT IS #CLUB5050, #CLUB75 AND CLUB100
It can be defined as an act of saving up half of your earnings in steemit through the process called power up. This was initiated by the steemitbog with the objective of helping steemit users to build their individual steem power.
CLUB5050
Therefore, one can join the club by simply powering up 50% of his earnings in steemit. Example, if you earn 20 steem at the end of the month, you have to powerup up 10 steem and withdraw 10 steem, so 50% of your earnings should be powered up every month.
How it is calculated
Total earnings for one month/ total powerup for one month × 100
CLUB75
It simply means powering up 75% of your monthly earnings, therefore it's has to do with your earnings for the past 60days, you have to be in this club before you can use the hashtag.
How it is calculated
Total earnings for two months/ total powerup for two months × 100
CLUB100
It's simply means powering up 100% of your monthly earnings, therefore, to belong in the club, you have to powerup 100%of your earnings for three months without any transfer.
How it is calculated
Total earnings for three months/ total powerup for three months× 100
That's my little understanding about the club
HOW I FOUND OUT ABOUT CLUB5050
I found out about the club through updates from @steemitblog and from different communities. So many communities gives update about the club and I learn more about it from there.
WHY YOU WERE SO ENTHUSIASTIC ABOUT PARTICIPATING IN CLUB 5050
I was really enthusiastic to join because I knew it will bring a great result, the joy I feels each time I build my steem power can never be overemphasized. Most importantly, I knew it will bring a huge effect on the economy, definitely it has really done so,steem price is appreciating.
HOW THIS CLUB BENEFITS ME AND WHAT I HOPE TO ACCOMPLISH BY REMAINING IN THE CLUB
Personally, I'm a beneficiary of this club, it's has really helped me to build my steempower, heading to my targeted steempower which is reaching half of dolfin at the end of this year it was very easy to achieve that if I continue powering up my steem. Also becoming a curator is never a bad deal so I really want to be one soon and with this club I will achieve my goals.
MY ACCOMPLISHMENTS AS A MEMBER OF CLUB5050 FOR THE PAST ONE MONTH
| Total transfers | Total power up |
|---|---|
| 250.000 | 421.739 |
From above analysis you can see that I earned a total of 250.000+ 421.739 = 671.739 Steem during the Month.
therefore: to be in any Club, I have to power half of my earnings, let's do a little calculation of this to know which club I belong to
My total earnings; 671.739
Half of my total earnings of 671.739 is 335.8695
I powered up ; 421.793 more than half
To compare the two amount, let's check the percentage
421.793/ 671.739× 100 = 62.8%
Yes I'm in #club5050 😄
NOW HAVING KNOWN THIS, WHAT IS MY NEXT MISSION
My mission is to power up to reach my targeted steempower before the earn of this year, and so to accomplish this, I need to work really had, I need to be supper active in steemit. Seeing steem have more value in steem economy is my mission and so I need to be. My goal is to reach dolphin 🐬 to reach this goal, I need to steem higher.
CONCLUSION
The growth of steem value is massive and the growth of each users steempower is growing rapidly as the result of #club5050. Therefore I encourage all who have not joined yet, to do so every one should join the club. Thank you @steemitblog for this nice project I hope with it all positive mission in steemit will be accomplished.
I will love to invite @essybrandy @fonzi @itysamj and @nikkypeters to take part in this contest
HAPPY ONE MONTH ANNIVERSARY TO #CLUB5050
ABOUT ME
ABOUT ME
Good explanation about #club5050 #club75 and #club100, hope you achieve your next mission to be a dolphin ..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you so much definitely I will
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow you've written about these projects so well, I pray you reach your dolphin 🐬 goal. I wish you success!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is very explicit explanation of the clubs . Thanks so much for throwing more lights of understanding @eliany
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit