You are viewing a single comment's thread from:

RE: Doubting on which bot to chose to delegate your SP and earn passive profits? Consider @isotonic

in #runningproject7 years ago

I'm here to explore circular models. If you like this app @shanibeer I'd like to help them too, with steem or anything else you advise. Help me to help please? :)

Sort:  

I've been very slow to understand this, but I think it works like this:

  • the @runningproject is a community which supports runners in many ways including providing an automatic upvote on every post that a member of @runningproject makes. This post explains more about #runningproject and how to become a member.
  • @isotonic is a bid-bot. It's voting power comes from Steemians delegating Steem Power to @isotonic. Anyone can transfer a minimum of .05 SBD to @isotonic to buy a vote for a specific post (you put the url of the post in the memo when you transfer the SBD); @isotonic has a regular stream of SBD coming in from people buying votes; 90% of this is used to pay a dividend or Return On Investment to the Steemians who have delegated SP; the remaining 10% is transferred to @runningproject to build its voting power. So everyone wins.
    For you, for example - you may not be a runner, so you have no interest in the @runningproject community; and you may not have very much SP to delegate, but you could still support the community initiative by buying a vote from @isotonic. You win because you get a vote which is worth more than you paid, so your overall wealth is increased; your small payment provides a return to the investors who have delegated steem power and helps to raise funds for and grow @runningproject. It's very, very clever!

Quite apart from votes, I've had tremendous value from @runningproject because I joined the 12 week 5k training programme. This had two levels: beginners (me) and intermediate/returners with a weekly programme written and supported by @cstrimel - a fabulous coach. This was free (apart from the enrolment fee = 1SBD), I had feedback and could ask for advice, and I've had lots of support from other @runningproject members. It's a model that could be used for many other community initiatives. Have a look in @isotonic's wallet; and enter "isotonic" at steemworld.org to get a better understanding about how it works.

This particular post is about attracting more Steemians who might want to delegate SP to @isotonic (even though they may have no interest in running) - there's a return for delegating and you get a warm fuzzy feeling because you're also supporting a community initiative.

Does that make sense? Hope so 😎