Changes to Steem-Bounty

in steem-bounty •  2 months ago

alternate-logo_bounty-bag2.jpg

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.
link_vote.JPG

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.

https://steem-bounty.com/faq

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!

Authors get paid when people like you upvote their post.
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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.

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Thank you for the support and feedback!

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Thanks for article

I have no issues with any of the changes and will certainly continue using this service. Cheers!

voted the witnesses i have encountered so far. still a lot to learn.

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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.

"We are looking for more explainer content" You want people to write guides and way to use this awesome service?

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Yes we will be giving out bounties for that in the near future.

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Ok. Just tell me! I will use it soon to get tips from people to get my own website better.

Posted using Partiko Android

Super article

Good news :D

Thank you for the info

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

Thanks for this update, @knircky. I'm new here, but I will look into #steem-bounty concept more closely later on. I have resteemed this post so I have it on my wall and don't forget about it.

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Cool and welcome!

Let me know how you like it and what we can do better!

Someone tell me I waste my time on Steemi. There was no benefit no earn money. Is it true? What's your opinion about that? I tell him I not just want money, but I also gather lot's of knowledge and lot's of beautiful friends.

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My simple answer is if blog and interact because you enjoy doing it and you view any rewards you earn are a bonus then you can only win.

To me a waste of time is sitting on Facebook making Facebook money.

You got a 75.28% upvote from @postpromoter courtesy of @knircky!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

The changes are cool. Thanks for the updates!

Thank You for the changes.
But i put my first bounty on a post and didn't know that minimum amount was changed. just came to know through your post. I have not received the bounty neither the fund back. as there was no announcement of mthe minimum fund. can you resolve the issue?
![] ()

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Ive refunded you the money

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Thank You!

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WoW! Great service. That's really quick!

Sounds good i will give it a try...

Posted using Partiko Android

No problem at all, in fact thanks for the heads up! Keep it up with the great service!

thank you the information is very useful

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Great news for Steem Bounty!!

Congratulations @knircky!
Your post was mentioned in the Steemit Hit Parade in the following category:

  • Pending payout - Ranked 5 with $ 345,74

love the new changes. this is great!

good news.

Great changes. Thanks for the updates!

Cool changes. Thanks for the updates!

Good super

Posted using Partiko Android