(Oprah Winfrey)
What is Project Steem all about?
Project Steem is an initiative that aims to donate some Dollars to honorable Charity while creating value for Investors and enabling people to receive profitable upvotes on their Posts, via a later to be introduced Voting Bot.
Wait, there´s nothing written about who´s paying for those Donations in the end...
That´s right, because those Donations will be made possible by the amazing Steem Blockchain and the Steemit Network. So it´s really true that Project Steem is a win-win for everyone getting involved into it.
- Honorable Charities will receive Donations of up to 75% of all incoming SBD
- Investors will receive 25% of all incoming SBD as a Dividend
(Dividents are paid based on the respective Share of the total Investment) - Everyone sending in some SBD will receive an Upvote with up to 50% ROI after Curation
But that´s not all. Project Steem will further choose some outstanding Posts of new Members or Minnows, which will be upvoted at full Power and presented to the public via the @projectsteem account. This way the Project wants to provide some Support to those contributing great quality content to the Steemit Community.
So after reading this, would you be willing to support Project Steem and through it support all the people in need while actually getting some Profits out of it? You´ll basically be helping to make this world a better place without spending a single Penny!
The Project Steem Upvote Bot (Not running yet)
The Project Steem will initiate an Upvote Bot as soon as the requirements of Level 1 are met, which are described in Detail below. At the beginning the Donations will only be at 50% in order to gain the Possibility of Powering up the @projectsteem account a little to ensure that the Bot will be able to at least run independently in the long run on the lowest level.
Definition of Level 1 to 4
The above mentioned levels are defined through the currently available Steem Power of @projectsteem. Whenever one of the below mentioned values gets exceeded the necessary Donation for an Upvote will be corrected accordingly. In case e.g. a bigger Delegation should be withdrawn the necessary amount will be decreased respectively as well to keep the Project Steem working on a profitable basis for all parties involved.
- Level 1: 2.500 - 7.500 SP (Donation = 0.1 SBD / Upvote 0.2 $)
- Level 2: 7.500 - 15.000 SP (Donation = 0.2 SBD / Upvote 0.4 $)
- Level 3: 15.000 - 50.000 SP (Donation = 0.5 SBD / Upvote 1 $)
- Level 4: 50.000 + SP (Donation = 1 SBD / Upvote 2 $)
How can You support or Invest in Project Steem?
(The first 10 USD got sponsored by @Steembusiness due to this Post.)
(Get in touch with me on Discord via @Steembusiness)
So if i invest 100 steem, how big Will be dividends
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This post received a 4.7% upvote from @randowhale thanks to @vysmek! For more information, click here!
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Hi @vysmek,
I can´t tell you exactly how much Dividends you´ll be able to receive in the end.
It basically all depends on how many people will use the Project Steem Upvote Bot in future.
But let´s make a rough calculation. Let´s say 2500 SP are Invested by 25 People, so that everyone contributed 100SP. With this amount of SP the Project should be able to handle a maximum of 20 Votes a day on a profitable Basis. This would lead to roughly 50 SBD flowing in a month. So you´d receive 0.5 SBD as a Dividend in the end.
But even more important, your Investment would have created a total Donation of 1.5 SBD at the same time. Project Steem is meant to support Charity and the Community with some profit for everyone. It´s not meant to get maximum profits though...
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Congrats - what a great initiative!
How do I find out what charities are supported?
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Hey @drwom,
The first Donation goes to "Save the Children". After that the Community will be able to suggest Charities on a regular basis and to vote for the one that shall receive the Donation. It´s a Project that can only be successful with and through the Involvement of the Steemit Community, so that all Steemians should be able to determine how the money shall be used.
I´d be happy in case Project Steem will end up sending checks to all different kinds of charities all around the world. May it be a small or big organization, the only thing that counts is that the Money will be used to make our world a better Place!
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I reckon I can probs throw in a 100 delegation 🌞
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This sounds great @drwom :)
I hope that the bot will be up and running on the weekend already. The SP lease will be initiated soon. I hope @Minnowbooster got some left ;)
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Welcome to Steem @projectsteem I have upvoted and sent you a tip
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Congrats, i really like that, upvoted, resteemed and follow this project!
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Thank you very much @attilaloe :)
I hope it will be a success, so that we can support numerous Charities out there :)
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Definitely worth the upvote and resteem! Can't wait to see the progression being made! Let's hope that this project gets the attention and backing it deserves.
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I´m very curious myself and am looking forward to this weekend. Hopefully the bot can start working by then already :)
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Stigmatatata from Lake Titicaca!
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Congratulations @projectsteem! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You published your First Post
You got a First Vote
You made your First Vote
You made your First Comment
Award for the number of upvotes received
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
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This post has received a 0.52 % upvote from @drotto thanks to: @banjo.
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