The Minnow Support Project Charter

The Minnow Support Project exists as a Witness project to spread the values of Peace, Abundance, and Liberty with a mission to help grow the steem ecosystem and to train and maintain minnows (new members) on the platform.

What is a Witness?

A witness is two things: a person (or team of people) and a server. The server constructs the steem blockchain. All the information that you post, comment, write and all the money that you transfer around is stored on the block. The servers that put it on the block are the witnesses. Witnesses are voted into their positions by owners of Steem Power.

Witnesses are paid for this service. The top 20 witnesses earn ~100k steem/yr for their work. Witnesses below the top 20 witnesses either invest money to be a witness or receive a return of as much as 18k steem/yr. Since the spots are competitive many witnesses not only run a server to make the blockchain, but provide additional services to the community as well.

The Minnow Support Project is one such service. We exist to help this platform grow by helping keep the newest members to the community engaged in the platform and find ways to be successful on Steemit.

We vote for witnesses as a group

The Minnow Support Project has just shy of 1PV worth of a witness vote. In several areas it's enough to jostle a witness position by as many as ten ranks. This is largely due to the fact that the @steemmonsters account proxies their witness voting to @minnowsupport.

There's still 7 spots that are open and we're considering applications on a rolling basis. Any application put in before a moderator meeting will go through review at the next moderator meeting. If there's quorum and enough support among the moderators than the vote will pass.

The application

Please answer these three questions in a new post and message moderators in PALnet http://minnowpond.org
What are you pledging to do to support the Steemit Community?
What are you pledging to do to support the Minnow Community?
What are you pledging to do to support the Minnow Support Project?

When the last seven spots are filled

When all 30 votes are filled it becomes slightly more competitive and the process changes. The moderator team will switch to reviewing applications on a monthly basis. If new applications come in we'll be considering the answers we've been provided and the services that we think your witness has produced. We'll start changing votes based on who is best supporting the Minnow Community.