Steemit Profit Sharing Initiative... Give a little - Get a little...

in steemit •  7 years ago  (edited)

In my first post of the year (aka my New Year’s Resolution post), I laid the groundwork for what I’m gonna call my Steemit Profit Sharing Initiative. I’m not too sure how it’ll go overall, or if it will have any success at all, but we’ll give it a shot for a few weeks and determine where to go with it after that…

My hope is that this will be a simple and effective way to not only increase the overall value of my posts, but to increase exposure for my writing so maybe, just maybe, eventually people will become consistent followers of my blog – dare I say, maybe even engaged followers…

I figured it would be best if I set some basic rules, and provide at least one example so there’s no confusion – both for everyone who up-votes my posts and for myself.

Anyone who has ever tried to figure out the Steemit rewards system will already know how difficult it can be to determine the who, what, when, and where of the rewards, so clear and precise guidelines will probably go a long way – and honestly it’s more to eliminate my confusion than yours.

My Offer To All Steemians…

The incentive program is as follows:

---> 50% (half) of all the liquid rewards earned from every post, will be given back to everyone who provided the up-votes – distributed per your contribution.

---> The remaining 50% (half) of the liquid rewards will again be split and used for:

• 25% to power up my account.
• 25% to either lease SP or to add additional votes from various up-vote bots - or both, or neither. (pretty clear huh)

Sounds simple right – I think so too… There are no additional requirements, no hoops to jump through, no hidden provisions, no secret handshake, and no secret sauce - OK maybe there is a little secret sauce, but I promise not to get any on ya – unless of course…

I digress…

There’s only me giving back to the people who give to me - and if this has the desired results, I will continue doing so until my account reaches a total value of 2000 Steem / SP – who knows, possibly even beyond, we’ll see what happens over the next two or three weeks and go from there.

The Rules…

The rules are basically just as simple as the idea itself…

  • give me a vote, I give you back half of the liquid rewards per your contribution.
  • If any bot owners want to throw me a bone without the payment, they will receive their share of the payout. (It would actually be more profitable for them)
  • I will try to do payouts on Sunday every week – maybe twice a week if time permits.

Exceptions...

Exceptions are up-votes from bots, and/or any paid up-vote services I use. Obviously bots and up-vote services won’t be included in the incentive payout – As much as I’m sure they would like me to, I won’t be paying the incentive for votes I paid for.

There is one exception to that “rule”, where I will probably give a percentage to the awesome folks over at @qurator / or maybe I’ll “sponsor” someone, or a couple someone’s to join - TBD…

Example

I'll use a post from last week as an example. This one doesn't have any up-votes from bots so half of the liquid sbd rewards are split per their vote contribution to the post.

I had to re-learn how to use Excel for this one - and a Yuge thank you to Steemd.com, without which there's no way I could have done any of this...

Last weeks payouts…

I have an Excel file for each one of these just like the one above.
Wouldn't you like to see your name on there also - I know I would... LOL...

The New Year's resolution, A Fresh perspective, and An offer to all Minnows, Dolphins, and Whales…
Total Post Rewards $29.39
Actual Post Payout 11.873 SBD & 2.277 SP
50% of Liquid Rewards = 5.936 SBD

If You Repeat A Lie Often Enough - It Becomes The Truth... The Trump Method Of Governance…*
Total Post Rewards $22.11
Actual Post Payout 9.061 SBD & 1.613 SP
50% of Liquid Rewards = 4.530 SBD

Manifest Destiny, God Given Rights, and The Trail of Tears…
Total Post Rewards $32.33
Actual Post Payout 13.000 SBD & 2.243 SP
50% of Liquid Rewards = 6.500 SBD

Political Memes...
Total Post Rewards $4.83
Actual Post Payout 2.154 SBD & 0.427 SP
50% of Liquid Rewards = 1.077 SBD

Political Memes II...
Total Post Rewards $3.55
Actual Post Payout 1.638 SBD & 0.324 SP
50% of Liquid Rewards = 0.819 SBD

Shithole Countries beware - Trump Decries We Don't Want Your Immigrants...
Total Post Rewards $10.22
Actual Post Payout 4.331 SBD & 1.043 SP
50% of Liquid Rewards = 2.165 SBD

Donald Trump Is Racist - Big Shocker There...
Total Post Rewards $5.13
Actual Post Payout 2.180 SBD & 0.524 SP
50% of Liquid Rewards = 1.090 SBD

So there it is...

Well folks, there it is, my offer to any and every Steemian... Give a little - get a little...

I hope this is at least somewhat successful in accomplishing my ultimate goal of 2000SP...
Let me know if you can think of any improvements that would be beneficial to the cause...
Thanks for reading and I look forward to your feedback...

Dave...

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I love this idea of helping minnows become whales, tlk and dd will always be followed by wonderwop as I know quality content is their middle names. Carry on. I will check your posts daily from today forward. Thank you tlk for resteeming dd post and letting your followers learn about this new project.

You are welcome my dear @wonderwop. Both you and @drdave are great people and helping each other only make the community better for everyone :D

Thank you very much for your support - it is much appreciated... I'll do my best to continue producing quality content, and also do my part in supporting others along the way... :)

@drdave, this sounds like a great idea that I believe will get you to your goal. Did you design this model or leverage from somewhere else?

The idea came out of something @theleapingkoala did around the new year "sharing the love"... I don't think the intent was the same but I liked the idea (enough to borrow it from her - ok, steal it from her)... :)

We'll see if it has any effect over the next few weeks and go from there - its as much about getting more people to engage in conversation, as it is the increase in rewards...

Thanks for the comment and your support @superdavey - much appreciated...

Hey dear @drdave,

I am very happy you have been inspired by my idea of sharing the love. It is all yours, no stealing or anything, else the love I share means nothing ;D

I am very happy to see your initiative. It is very smart and you deserve more recognition.

I know I am not the best follower at all. I seem not to find much time to check on the people who follow me. But I am trying to think of a way to change that soon and make it another resolution. If you have any ideas to share, please don't hesitate :D

Also, many thanks for the generous upvotes you are giving. Please feel free to comment on the weekly sharing episodes, so I can share with you more love and SBD (every little counts).

Hugs with lots of love :D

Hello again Dr. TLK...

I have to say that I was a little bummed when I read your Jan.22 post - leaving research "for good"... Nooooo!!! At least say your taking an extended sabbatical to reconsider the direction of your research... Yes that works... Will make me feel better at least...

If anything, the world at large needs you more than ever, and the scientific community should be ashamed of themselves for letting you go... I know, I know, you have your reasons, and I don't even need to know what they are, to know that they're likely the right reasons... Your just that cool... :)

BTW... You don't need to do anything different at all - I look forward to your visits, and I consider it an honor and a privilege when you take the time to come see me...

Thank you my dear @drdave for all the kind and sweet compliments. I hardly deserve them.

Sorry to have bummed you out, but here is the good news. I can help you get over it as a life coach ;D

Thank you very much again for all your support and kindness.

Big hug with lots of love :D

Nice idea, good luck my friend!

Thank you... We'll see how things go for a while...

Great idea! I've been working with a very similar idea called the Daily Upvote Lottery. Check it out here

I am working on something like this already.. more to come soon. :)
thanks for the surprise payment!

Thanks for the support @ura-soul - much appreciated...

It is a cool idea! I hope it works for you all that you hope it will!
X-)

Thanks @justincase - I have high hopes for at least some success also. Even if it doesn't produce tremendous $$ rewards, I have met some really cool people because of it - so honestly, it's already been successful...

I think I will be following you all aroung steemit so that i can have my own share too. lolx. nice intiative bro. May be I will still the idea from you. hahaha

@seyiodus.

Dave, always thinking!

Hey Ned... Thinking is one of the things I can do without much effort - gettin lazy in my old age... LOL...

Hit me up on Steemit.chat or discord - I have a question for ya that I would rather not have stored on the blockchain for all eternity...
(drdave#4174)

Check steem.chat. Left you my number.

Great idea! I think it will serve you well!

Thank you @braveheart29 ... I think so too - I get to interact with awesome folks like you, so it's already a success...

very nice reward offer........i like your work,
i always with you...thnx for sharing this
post with us dear friend @drdave

So it starts from today ?

Hi @rayne122 ... I actually started this from last week with my first post of the year, and have already sent out the first payments...

Thanks for your support and I hope to see you more often... :)

This is great way to grow up.
There are no gains without losses. :D

I will try to be often :D

Thanks @drdave, I just received my payout ;)

  ·  7 years ago (edited)

No problem @svosse... For some reason my spreadsheet didn't catch your contribution on this post - probably something i didn't do correctly - been re-learning how to use Excel, but i'll just blame it on the program anyhow. I sent the correct amount - I think I got it fixed so it wont miss anyone again...

Thank you very much for all your support... See ya on the next daily... :)

Steemit Profit Sharing Initiative $41.74
Actual Reward (16.609sbd~2.745sp) (50% = 8.305sbd)

Well done @drdave. Haven't used Excel in ages!

This post has received a 24.46 % upvote from @aksdwi thanks to: @drdave.

Nic dog ,good work

Thank you @drdave for making a transfer to me for an upvote of 9.75% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

That's a nice initiative :)