Steemit Engagement Challenge - S7W3 | "Steem education festival"

in hive-120861 •  2 years ago 

Hello everyone,

In this post, I want to share my thoughts and insights on the topic of Steem Power and its influence on growth on the Steem blockchain. As someone who has been active on the platform for a while now, I have seen first-hand the power of Steem Power and how it can impact one's growth on the platform. I will be sharing my personal experience and opinion on the matter, providing a unique perspective on the subject. Whether you're new to the platform or a seasoned user, I believe this post will offer valuable insights on the role of Steem Power in the Steem ecosystem. So, let's dive in and explore the world of Steem Power together!

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What is steem power?

Steem Power (SP) is a measure of the amount of influence a user has on the Steem blockchain. It is a form of stake in the Steem network and can be used to cast votes on content, vote for witnesses (who maintain the network), and make other important decisions on the Steem blockchain. The more Steem Power a user holds, the more influence they have on the network. Users can also earn more Steem Power by creating and curating high-quality content, as well as by purchasing it on the open market

How to power up?

  • Log in to your Steemit account.

  • Click on the "Wallet" tab on the top menu bar.

  • Click on the "Transfer" button.

  • In the "To" field, enter "steem" (without the quotes).

  • In the "Amount" field, enter the amount of Steem you wish to convert to Steem Power.

  • Click on the "Power Up" button.

  • Confirm the transaction by entering your password and clicking on the "Confirm" button.

  • Wait for the transaction to be processed and confirmed on the Steem blockchain.

  • Once the transaction is confirmed, your Steem will be converted to Steem Power and added to your Steem Power balance.

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influence of steem power:

Increased influence: The more Steem Power you have, the more influence you have on the platform. This means that your votes on content and decisions on the platform will carry more weight, which can lead to more visibility and engagement for your own content.

  1. Greater earning potential: Users with a high amount of Steem Power are able to earn more from their content and curation activities, as they receive a larger share of the rewards pool.

  2. Access to exclusive features: Some features on the Steemit platform, such as the ability to vote for witnesses and make other important decisions, are only available to users with a certain amount of Steem Power.

  3. Credibility: Having a large amount of Steem Power can also be seen as a sign of credibility and expertise on the platform, which can lead to more followers, engagement, and trust.

How is your commitment to collecting steem power?

Having a community that collectively collects Steem Power can have many benefits for the growth of the community. One way to encourage this is by setting aside a percentage of rewards earned by community members to be used to power up the community's Steem Power.

One possible approach is to set aside 10% of rewards earned by community members to be used to power up the community's Steem Power. This can be done by setting community members' accounts as beneficiaries on their posts. When a post earns rewards, a portion of those rewards will automatically be sent to the community account, which can then be used to power up the community's Steem Power.

This approach can help to promote the growth and development of the community by increasing its influence on the platform, and by providing a source of funding for community initiatives. Additionally, it also helps to build a sense of ownership and responsibility for the community as members contribute to the community's growth and development.

It's important to communicate this approach clearly with the community members, and to have a clear plan on how the Steem Power will be used to support the community growth, and to be transparent on the usage of the funds to the community members. It's also important to have a plan on how the community will be governed, and to have a fair system of decision-making.

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My opinion:

The #club5050 campaign has had a very positive impact on the growth of Steem Power within the community. This campaign encourages users to commit to powering up 50% of their rewards and delegating the other 50% to other users, which helps to increase the overall Steem Power within the community.

One of the key benefits of this campaign is that it helps to promote a culture of long-term commitment and investment in the platform. By encouraging users to power up a significant portion of their rewards, it encourages them to take a more active role in the community and to see themselves as stakeholders in the platform.

Additionally, by delegating a portion of their rewards to other users, participants in the campaign help to provide support and encouragement to other members of the community. This helps to foster a sense of community and collaboration, which can be crucial for the growth and development of the platform.

The #club5050 campaign also helps to increase the overall influence of the community on the platform, as a larger amount of Steem Power means more weight behind votes and decisions. This can help to increase visibility for community members and to promote the community's initiatives.

Overall, the #club5050 campaign has been a very effective tool for promoting the growth and development of the community, and it is a positive initiative that is helping to build a stronger and more engaged community on the Steemit platform.

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i am inviting
@abyousafzai
@karimshah
@mabbass

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Thank you and welcome to the Steem Entrepreneurs Community. We really appreciate and enjoy your writing on the Contest: Steem Education Festival for Steemit Engagement Challenge S7W3. Hopefully this information is useful for increasing awareness of steemit users about the importance of power up and long term investment.

Before we verify, please be reminded to visit your friends' other posts and engage with relevant and meaningful comments. Best of luck, sis @hamzayousafzai

Status club#club5050
Verified userYES
Plagiarism-freeYES
Bot-freeYES
Tag #steemexclusiveYES
Support #burnsteem25YES
CSI voting[ ? ] ( 0.00 % self, 24 upvotes, 21 accounts, last 7d )
Scores9.0/10
Verification date
January 28, 2023

Determination of Club Status : https://steemworld.org/transfer-search


Kind regards,
Steem Entrepreneurs Team

Saludos amigo! Engalanas tu publicación con el detallado paso a paso para realizar algo tan crucial para nosotros en la plataforma como el power up, de verdad es un elemento que los usuarios debemos conocer apenas al ingresar y su importancia. Saludos y éxito en tu gran entrada!