Analyzing the Slothicorn Project #2
Slothicorn is a project set up on the Steemit Blockchain that rewards artists for their art work. Behind this project is a generous delegation from @stellabelle which powers the value of the votes. This allows artists earn crypto for their artwork.
Last month I prepared an analysis which looked at the votes given by @slothicorn to ascertain a value and see how many artists have been supported by this project. I also looked at postings made to ‘#slothicorn to see how active this project is.
To follow on from last month’s post, the aim of the analysis today is to establish how this has progressed since the last report. We will look at the votes and approximate vote values given by @slothicorn and we will also look at the #slothicorn tag.
If you missed last month’s post you can read it here:
https://steemit.com/utopian-io/@paulag/analyzing-the-slothicorn-project-on-the-steemit-blochchain
Analysis of Votes from @slothicorn
Last month’s report
This report was based on data from 1st Jan 2018
This month’s report
This report was based on data from 1st Jan 2018 to present
In total 396 authors have received 1840 votes on 1756 posts from @slothicorn. The average voting weight used was 50.64% with an approx.. pay out of $4 SBD per vote and a total approx. pay out of 7.22K SBD.
Since last reporting @slothicorn has reached 120% more artists and has voted 127% more times. With this increase in the number of votes we have also seen a decrease in the average voting weight used from 63.53% to 50.64%.
The average vote value is now $4 down from $6. This is due to a combination of lower average voting weight used and a lower price of STEEM and SBD since last reporting. Overall there has been a 52% increase in the pay-outs given by votes from @slothicorn since last reporting.
Post Analysis to Slothicorn
Last month’s report
This month’s report
What amazing growth. Since the start of 2018 2,288 authors have been made to #slothicorn, that’s an increase of 163% since the last report. The number of posts made this year has increase 271% since last reporting to 2,867.
These posts have received 9,956 comments, and increase of 211% since last report and the net votes received has increased 283% to 69K.
Finally the total post pay out for this category has also increased by 107% to 19.16K. Of this 19.16K @slothicorn has contributed 7.22K or 38%. Down from 51% in the last report. This indicates that support for #slothicorn has grown and there is less reliance on @slothicorn to fully support the project.
The average post pay out for this category is $6.68 SBD.
#Slothicorn contributor activity
The table on the left shows the authors sorted by the number of votes received by @slothicorn and showing the approx. weight used for voting.
The table in the center shows the number of posts each author submitted to #slothicorn and the table on the right shows the most active steemain based on comments with the number of comments left.
Conclusion
Really fantastic growth seen here @slothcorn. Congratulations on the work.
@Solthicorn curate posts manually so to see 127% increase in the number of votes over the last 6 weeks on a year to date total is really good work.
It is also awesome to see such a large increase (271%) in the number of posts made using the #slothicorn tag. I can see this making curation so much more time consuming for the team.
Want to follow the progress of the Sloth corn Project – Every month I will be producing a report like this so the Slothicorn team and you can keep an eye on the progress
This is amazing data, thank you!. It's really inspiring to see the numbers. ((.)ω(.))
good information
hey, i want to fix one thing:
We changed it to letting artists decide which license to use. So now Creatieve Commons is not a requirement.
Slothicorn made me feel like to make more arts and more creative. Thank you the greatest @stellabelle for created the Slothicorn project, allows our artists to earn more and build a better steemit.
I am glad to hear it! Feedback is definitely good to hear.
It's slothi nice to see it growing that much.
Perfect @paulag, thanks for this analysis.
Thank you for doing this work!
does this mean that we paid out $7,220 SBD or is that in dollars?????
SBD stella
Also we just got a mention in FATHOM Magazine. See my latest post for details on that. How much in dollars has the Slothicorn account paid out to artists since i started this project?
Thanks a lot for sharing your valuable post....
Carry on next
Best of luck..
I will still wait for your next post....
Thanks for this great analysis, @paulag! It's unbelievable reading some of those numbers there! Glad that your are part of our community!