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RE: MAP Trail Curation Contest - Delegated SP and Free Upvotes - Week 1
Hi there... Im a curator from c² and curie and I also have our own curation project to support our Filipino people.. There is a lot of authors from the Philippines who needs support that we are trying to reach by giving a decent upvote. here is the latest curation post that I authored myself https://steemit.com/bestofph/@bestofph/best-of-ph-daily-featured-post-47 as an example.. and we are looking forward from project like this to extend more our grasps and promote content of a high quality from our people.. hope you can help us grow more...
Hi, yes, have seen your posts on c-squared and shall add you to the MAP Trail, and include @bestofph in the next compilation post.
One question, I notice that your delegation incentive is quite generous - I figured the last payout is equivalent to about 16% APR, which is on a par with many steemit "investments". I have a similar scheme as MAP Rewarder but that has a focus on earning money that can then be used for more community support.
So the question is: will returning 85% of earnings to delegators limit the growth of the account you need to upvote your curated posts?
I am actually willing to support you, I've just not seen such a high level of interest paid back to delegators without calling it an investment!
@accelerator
Answer: To some degree yes. The account's growth is dependent on the charity of the delegations and how much people would be willing to support the community by upvoting the community posts. Since most of the earnings go back to delegations, the community account will have to content itself with the curation rewards.
I don't think it's a real investment but perspective changes from time to time. The point of creating that curation community was to upvote Filipino authors that post quality content or content that isn't a shitpost or toxic to the platform. But we needed SP for the program, who would want to delegate to us if we are a nobody and there's hardly anything in it for the delegator, better off having their SP delegated to a bot with a real ROI.
So we decided to have the delegations shell out some ROI for delegators. We get to have the SP we need to promote people and delegators get to earn while having their SP do good for the platform passively. BUT no ROI is fixed, in the end, we're just dependent on the grace of whoever wants to support the community post so there is no fixed ROI.
We don't even advertise that we provide that much incentive until someone asks or mentions what's in it for them when they delegate. Putting those incentives as a front would obscure the primary purpose why we even made the curation in the first place, promote others while money becomes a secondary benefit and everyone wins.
You can reach me via discord if you want to discuss this further. We appreciate you taking interest in the program. We needed the motivation.
Many thanks for the background; it struck me as very similar to my MAP Rewarder at the start. The difference is that MAP Rewarder was then run as a separate entity with a bespoke algorithm to create income; much of that income goes to delegators and some helps fund the upvotes to MAP Trail members.