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RE: Voting Bot Offline for a Few Days and Back Online Now!

in #busy7 years ago

Hello Jerry
I has been rolling out on a new site called steemhost.com this week. It differs from other steem sites because it introduces the element of advertising to the mix. I recognize that in light of the way steem works rewarding the authors and curators, this is crazy. However this rewards two other groups. It rewards the visitors as well as the people hosting the content (like a magazine publisher gets rewarded).

People like yourself who haven't registered as a host can still see their content on the site but do not receive the reward nor is their any customization:

http://www.steemhost.com/steem/Host.aspx?Host=@jerrybanfield

Contrast you site with hosted sites with the customization
http://www.steemhost.com/steem/Host.aspx?Host=@lucygarrod

http://www.steemhost.com/steem/Host.aspx?Host=@sweetsssj

Not only does it promote the host's content, but more importantly it allows the host to promote the content of his/her friends (found on contributor aspx).

http://www.steemhost.com/steem/Contributor.aspx?Host=@sweetsssj

When a visitor logs in (using steemconnect) they receive their share of the reward otherwise it goes to the host. Initially we have been running free advertisements but that will change as we get more traffic.

As you can see with this report for this morning:

Lucy would be rewarded at least two times. We actually do control for the number of times a visitor gets rewarded for visiting a host (once per hour) as well by ip address to limit host rewards. While I hit her page 3 times, only 1 would be counted as a reward.

When a visitor or host gets rewarded, they receive the reward in the form of steem power delegation. In this way steem will be absorbed like a sponge. Imagine if all the steem or steem dollars that is floating around freely today was used to buy advertising. Advertisers from outside of the community will increase the price of steem because of increased demand. Initially it would be locked up as steem power on the steemhost01 account. Overtime it becomes delegated to visitors and hosts.

Since it is delegated people will not be able to sell their steem or steem dollars immediately. They will be encouraged to improve the content on their sites to generate more author and curation rewards.