Review of the INVITE Token by Steem Ninja and Oracle-D

In this video/blog post I’m going to review the process of earning INVITE Tokens, a Steam-Engine token which can be used to buy accounts from the STEEM Ninja Invite Tool. I will go through my own personal review and experience with the INVITE Token, pros and cons as well as suggestions for the INVITE TOKEN.

Review of the INVITE Token

If you’re not familiar with recent developments by Oracle-D and Steem Ninja, read this post here: https://steemit.com/invite/@oracle-d/community-feedback-inv-tokens-trading-live-on-steem-engine If you’re not familiar with Oracle-D, learn more about them on the official website here: https://oracle-d.com and make sure to follow them on steemit here: https://steemit.com/@oracle-d

So one of their projects is called Steem Ninja https://steem.ninja/index.html and this website has got many cool features, for example you can buy STEEM blockchain accounts and delegation with a credit card and get an account instantly! They also recently launched a brand new token called the INVITE token: https://steemit.com/invite/@oracle-d/introducing-invite-token-mine-steem-accounts-through-delegation INVITE is a Steem-Engine token which can be used to buy accounts from STEEM Ninja Invite Tool. Not only can you buy accounts, you can now also mine accounts! So why is this so exciting? Let’s first have a look at the problem of creating STEEM accounts, this is a quote from the post mentioned above:

The Problem
Creating accounts on STEEM is not free. Not everyone wants to pay $2-$5 for a social media account. After HF20, using your RCs, you can claim accounts but for that, you also need to have enough SP. Newer accounts don't have that leverage in general.

While reading this paragraph it dawned in me that many people may not understand terms that we ‘older’ STEEM users are very familiar with, such as ‘HF20’, ‘RCs’ and/or ‘SP’. So one the things that need to be done is to make the content universally understandable, especially for newbies who may visit this website for the first time and happen to read this post by chance. One way to achieve that would be to link to relevant articles that explain what these terms mean, this could look like this:

Creating accounts on STEEM is not free. Not everyone wants to pay $2-$5 for a social media account. After Hard Fork 20 (read more about Hard Fork 20 here: https://steemit.com/steem/@steemitblog/hf20-update-hardfork-successful), using your Resource Credits, read more about Resource Credits here: https://steemit.com/steem/@steemitblog/steem-basics-rc-system-for-beginners), you can claim accounts but for that, you also need to have enough Steem Power (read more about STEEM Power here: https://www.steem.center/index.php?title=STEEM_Power_(SP) Newer accounts don't have that leverage in general.

Is it important to mention that 1 INVITE Token = 1 STEEM Account, this is great because setting up a STEEM Account usually costs a little more than $2.50 and at the time of writing this post 1 INVITE Token can be purchased for less than that and it can also be mined:

Delegate STEEM to earn INV Tokens: https://invite.steem.ninja/
We are now accepting PAL Delegations too: https://invite.steem.ninja/pal

So, to me everything seems pretty clear; you can buy or mine INVITE Tokens and then use them to redeem them for voucher codes, which can then be used to create Steem accounts. These Steem accounts don’t come with Steem power, so you have to give these accounts at least 15 SP, otherwise they can’t do much, if anything. These are mostly all things that I would consider ‘pros’; it’s a great idea and clear to understand if you are familiar with the STEEM Blockchain.

One thing I wouldn’t necessarily consider a ‘con’ but rather something that I think is even better than the INVITE Token is the referral program that Steem Ninja is offering here: https://steem.ninja/referral-programme.html All you have to do is enter your Steem username in the provided box and click on ‘Generate link’, this will generate you a custom link that you can then use to refer people. You can also use the official marketing tools offered by Steem Ninja here: https://steem.ninja/media.html You can then combine your referral link with a banner provided by Steem Ninja, here is an example of a banner with my affiliate link, so if you click on the banner, a new window will open and anyone has the option to get a Steem account instantly for a very small one-time fee.

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If someone clicks on this banner and decides to open a Steem account, I will get a small commission and the user will get a Steem account instantly - so it’s a win-win! And like I said in the video, you can use this banner/link on ANY website, not just Steem, you don’t even need your own website, you could just share your referral link on social media.

Suggestions
In terms of suggestions I’d say to not only make the INVITE token more simple (as in don’t mention complicated terms that only ‘insiders’ know the meaning of without at least linking to something that explains it) but also make Oracle-D that way. This really goes for any Dapp on the Steem Blockchain and of course Steemit as well.

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