Good evening everyone and happy new week to us all, trust we are had a great day.
I want to appreciate @prolee, @xpilar and @worldofxpilar for the wonderful work in this community and for also organising this thought provoking contest abut #club5050 as this will help in creating more awareness and sensitising more people about the club 5050 programme.
My name is rutthy and this is my idea about the #club5050 programme.
WHAT IS #CLUB5050
#Club5050 is a programme that was launched on the steemit platform in order to encourage users to power up half of their weekly earnings on steemit platform. It was noticed tat users normally withdraw their earnings and little or less is used for power up, that was why the programme was introduced. The 50-50 means that you can withdraw 50% of your earning either on STEEM or SBD to yourself and use the remaining 50% to power up so as to increase your steem power which will help in your voting and earning in Steemit community and will in turn help in improving the community at large.
WHEN WAS IT LAUNCHED?
The # Club 5050 programme was launched around October, 2021 on the steemit platform and all the some of the communities on the platform have adopted this new initiative. The programme has ensured the use of a hash tag #Club5050 to indicate members that has powered up their earnings in the last 7 days.
AIM OF #CLUB5050
The aim of this movement is to ensure that people power up their earnings so as to increase their steem power and also increase steem market value and also help them in the near future. Prior to this time, i can say i never did any power ups, its was since the introduction of the #ckub5050 programme that i started power ups and this has helped me a lot.
PERSONAL BENEFIT OF CLUB5050
Among the personal benefits of this programme are;
It enables you to use the #club5050 tag on your every post on the community and this will in turn attract an up vote in your favour.
It helps you to increase your steem power too.
Steem is a well-known crypto currency, so when you increase your steempower by powering up, it enables you to build your steem earnings and this will in turn help in support of your monthly earnings.
Investing in steem crypto currency by powering up can also serve as a source of financial backup plan for you the investor.
When your steem power increases as a result of your power ups, it enables you to vote also new comers in future and so as to earn rewards by curating their posts.
This #club5050 programme can also give rise to more whales in the community.
BENEFITS OF #CLUB5050 TO STEEM COIN MARKET
Powerups helps to increase the value of steem crypto currency in the market.
It also encourages the growth of the steem economy.
By powering up which in turn increases the value of steem, it can lead to new investors too.
It will give the steem cryptocurrency an edge over other competitors.
IMPACT OF CLUB5050 ON ENTIRE STEEMIT COMMUNITY
The impact can be seen on the steemit community because almost all members of the community now uses the hash tag#club5050 as a result of their weekly power ups. It has also encouraged new members to start at an early stage to build their steem power for future benefits.
I BELONG TO THE#CLUB5050 AND THIS IS THE EVIDENCE OF MY LAST WEEK POWERUP
I powered up 100% of my last week earnibgs in suport of #club5050.
My account before the powerup
The powerup process
After the power up
Thank you for reading my post.
Great job done by @rutthy here. I learnt more things while reading through..😃.
You've a rich content here, and you've also showed that you know what #club5050 mean. Thanks for participating.
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