Changes to Steem-Bounty
After we had some resource issues after HF20 we decided to implement some changes for Steem-Bounty.
First and foremost we have added a new service:
Join the Club! Our new boosting service.
We have built a new feature that will help you get upvotes using your own SteemPower.
Check out our landing page here: https://steem-bounty.com/services/vote-club
Or go directly to the link on the steem-bounty.com website and click on the lightning symbol.
Main new Feature Changes for Steem-Bounty
- There is now a minimum size for a bounty: 0.5 SBD or STEEM
- There is now a minimum winning size for a bounty winning payout, to avoid tiny bounties split among many people and being irrelevant.
- If someone is winning less than the min payout value then distribute that amount among other winners
- Optimize the winner declaration messages so that there is no more" "has won 0.000 STEEM/SBD either from community or creator"
- Winners list should come in the order of highest winning amount in bounty declaration comment
- Stop refunding invalid bounties i.e. if bounty amount is less than min. bounty amount, URL is invalid or post has already been paid out
- The community payout is now 2%, basically serving as a fall back in case the creator does not vote.
Why is there a minimum
We noticed that some users are trying to get attention by making it onto the steem-bounty.com website with tiny bounties.
We also thought that bounties that are less than $0.5 simply don't make much sense.
The same holds true for the bounty payouts. We noticed that there are still some poeple that try to bot-upvote comments so we feel this won't work as well with these limits.
We also need to make sure we don't run out of RC, although that fear has been a little exaggerated.
New FAQs
We implemented an FAQ functionality into Steem-bounty.com so we can do a better job of explaining how everything is working. We will are still working on the content, but this will be out very soon.
New Explainer Bounties
We are looking for more explainer content that we can link to in the FAQs. We will launch some promotional content for that soon.
Please vote for our Witness
Thank you very much for your attention and we hope you will vote for us as witness!
In order to do so you can go to:
https://steemit.com/~witnesses
And enter the "steem-bounty" account into the text field and click vote.
Or use steem-connect to vote directly for us as Steem witness!
Congrats to the author of this post, it has been revived by steem-forever and will get extra rewards.
This happens when a post is upvoted on the steem-bounty.com website after the 7 day post life.
Users can simple upvote authors here indefinitely now, so posts can live and earn rewards forever.
Authors can share their steem-bounty.com links with your followers and get upvoted forever.
We hope this will allow authors to earn more meaningful rewards over longer timeframes than before.
This is definitely a much needed update and a great news for Steem Bounty participants. Putting a minimum winning size for a bounty winning payout will surely help from splitting the bounty prize to many people. Thanks for this update!
Thanks for the update. I see some nice changes being made. A min bounty makes sense and 0.50 looks perfect to me. It lets new users test the service before placing a bigger bounty.
I also like the list of bounty winners listed highest to lowest. Good idea to keep some of the community rewards as a fail safe.
Thank you for the support and feedback!
Thanks for article
I have no issues with any of the changes and will certainly continue using this service. Cheers!
Think these changes are much needed. No reason to be wasting resources with tiny bounties. The 2% idea is good also, while the community having some say was nice it lead to abuse from spammers. At 2% I don't see the spammers wasting their time.
Thanks for a great service @knircky and as always you have my support as witness.
voted the witnesses i have encountered so far. still a lot to learn.
Much appreciated!
=) cool!
"We are looking for more explainer content" You want people to write guides and way to use this awesome service?
Yes we will be giving out bounties for that in the near future.
Ok. Just tell me! I will use it soon to get tips from people to get my own website better.
Posted using Partiko Android
https://steemit.com/contest/@jmhb85/let-s-talk-about-steem-bounty-or-club-vote-participate-and-earn-up-to-100-steem
Thanks. Just Joined with a movie
Posted using Partiko Android
Super article
Hi @knircky I'm a bot, and wanted you to know that I've upvoted and re-steemed your post to help you with your promotion efforts! -exp
Okey , good😁