When you create content on this blockchain, you might have several different goals. You want to be read, you want to interact and you probably want to earn some crypto.
When you reach payout day what do you do with the coins you earned?
It's possible that you use these coins and exchange them maybe into other currencies or even fiat money. This probably depends on your personal situation. The other option is to power up your earnings.
Your circle of influence
Most of the users on this blockchain are posting and comenting in a limited number of communities. It can be in one, two or maybe in up to five communities. I don't believe that many users engage and post in more than 5 communites. This means that we have a kind of limited circle of influence within these communities.
Your circle of influence
Most probably a majority of the votes that a user will give, will be to people within this circle of influence. On the other hand, he will also get upvotes from these people on his posts.
How you start out on the blockchain
Your circle of influence is composed mainly of minnows that have little stake. Yours and their upvote is worth little. It's quite clear that not only your posts but also the posts of your friends won't get much value. With little staked coins, you won't earn any curation rewards. If at this stage you decide to cash out your coins, you will always remain a minnow. All the effort that you put into this will just allow you to earn the few cents that you cashed out. In the long term, you will be frustrated by how much time you have to invest for what you earn.
How you can develop a circle of power
Let's say that you make a deal with your friends and instead of cashing out peanuts, you all stake the earned coins. Your accounts will grow slowly but staedily. Your upvotes will be worth more and your friends upvotes will be worth more. The result is that your posts collect more rewards but so do the posts of your friends. This is great but it gets even greater: Your curation rewards will also increase. The progression is not linear, it's exponential!
The circle of power consists of a community of people on the blockchain that grow together. The more we power up all together, the more we all earn and the quicker we grow. In addition we support the value of the coin by doing so.
Let's create circles of power in our community for the benefit of all.
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This content is 100% plagiarism free
When you power up, you are in for the long run and commit toward growing on the platform.
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By powering up you invest into your own future. It takes time but the growth of your account will also make your income more interesting.
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@tipu curate
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Upvoted 👌 (Mana: 9/16 - need recharge?)
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Thanks buddy for the tipu tip ;-)
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Very good idea the circle of power, maybe it will attract some friends to the platform to implement that idea
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Thanks for your comment. That would be great!
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Hello Friend. definitely as I already told you it is a good idea or a good initiative ..
Cheers
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Thanks for your comment my friend!
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