Project: Steemit is the Biggest that has Happened on the Internet so far, Steemit gives Power to the People # Chapter 3

I welcoming you to another segment in other words chapter three (3) of my writing project as regards the topic which says that Steemit is the best that has happened so far on internet, why this topic you ask? Well every one of us will testified to the goods and opportunity offers to a lot of less privileged and hopeless with which Steemit has change their story dramatically and majestically.

I came up with an idea to defined Steemit platform in my own ways as; Steemit a platform of hope which give power to people and offer hope for the hopeless through its blockcahin rewards system to those who are creative and have no power to promote themselves, Steemit open for them to mine Steem using their brain.

Additional Information which I feel is important to know about Steemit Reward System.

Some of the Crucial or Essential things you should know and understand to make the best out of the Steemit Platform are:

Post Payout is finalized in 7days, this simply means that every post or comments has exactly 6 days and 12 hours to get upvoted for rewarding, although after this 6 days and 12hours such post or comments could still be upvoted but mind you it has no rewards meaning that you won’t anything for upvoted such post or comments older than stipulated time (6 days and 12hrs).

Post payout is calculated and then finalized upon completion of seven (7) days and rewards are sent to your wallet, both as curators and author of such post or comments.

Your Value of Upvotes Comes from Steem Power

Note: If you hold or have much Steem or SBD in your wallet, it will have no effect on the value of your upvote, why? Because the value of your upvote is determined by your stake in the platform, for which you have to power up, Power Up means to convert those much Steem you have in your wallet to Steem Power or earn Steem Power from author the post or earn from curation rewards.

Reward System and Reputation:

Reputation is very important to fight or work towards most of the time, the same here on Steemit platform, your reputation will let you know or others to know where you stand in Steemit, reputation is a very good indicator of how hard you have worked and how much success you have archive.

Your reputation score increases only when you receive and upvote having some value, the increase in the reputation, which happens immediately, is directly proportional to the value of the upvote your post or comments are getting or receive from those with higher Stake (Big Steem Power).

The reputation system is a piece of data that allows scores is one way that Steemit platform uses to measures the amount of value you have brought to the community, the higher the number, the more weighted votes and your account earn, Note all new users reputation start from 25 which will be grow or go up as you upvotes for your posts and comments, but it can come down if you eventually got flagged.

Have you ever heard of Open Source Economy? Continue reading to under what this mean and the rewards that comes from it or through it.

Open Source Economy is a earn rewards by contributing to your favorite open source projects and get rewarded for it, this means, for those who has an excellent ideal of crating or innovation, you will get supports in order for you to start or implementing your goals.

You ask how this Possible?

Utopianmake this possible read below:

I will explain in detail, If you want to join Utopian.ioand contributing your open source project to Utopian you will earn yourself Steem crypto currency. This opportunity is open to every Steemians, who contributing to Open Source Project by making use of Steemit.com or Busy.org to publish your contribution by following their guidelines.

This is called Open Source Project because the Software used to develop this is called Open Source Software this means that is free and common property which allow to use it and alter it to their needs. It relieve on collective intelligence instead of the standards imposed by superiors. All this work is done for free, however Utopian rewards everyone who contribute to such project, as long as a certain standard of quality is met.

Just I like wrote in my previous post about where the money or rewards comes from? To pay the rewards, Utopian.io uses the Steem blockchain.

That is where the money is created in the form of cryptocurrency called STEEM, through community voting. No one has to pay for the rewards. They are generated and distributed using an algorithm called Proof-of-Brain, which encourage people to create and curate content.

So, also in the case of Utopian.io, your contribution to the Open Source world are the quality content, by upvoting your contribution, the community create money to reward you for your contrition or project work.

Is there any others things you need to know? Yes Click this Link: Utopian to Read Guidelines...√

Comparing Steemit to others Social Platform or to Other Crypto Currency, the differences is very widely.

There many opportunity on Steemit platform beside the fact that your original contest can earn you big or small rewards, here on Steemit, you will meet with others who has similar ideal just like yours, and by interact and share some concern together this will improve your ideas as well.

The Biggest of it is that, just like you have Banks around and Macro-Finance institution who offer or give people loans upon request are also here on Steemit platforms, this is good news. This mean that if you want to get something done fast and you are a Steemit active users, you can get loan in sum of Steem and you will pay back at agree time or given time.

Note:this offers or assistance has some criteria you need to meet or conditions before you will be eligible to this loan.

I’m talking of The Yggdrasil Bank of Neoxian this bank can loan you the sum from 1Steem - 300+ Steem, depending on what you apply or request for, during the process of your loan with this Bank of Neoxian, you will have to state the following:

AGGREMENT OR TERM OF PAYBACK

• When to repay the sum of the Steem with which you want to get from this Bank; either every day payment, weekly or monthly within stipulate given time.

• The Lendee (you) agreement must voluntarily hand over your Owner Key(s) to the Bank, and the Bank will give back lendee new active and posting key.

• The lendee will agree that if the Bank decided to change the active key(s) and keep them private, this does not constitute of breach of contract.

• Lendee(you) also must consents to Bank changing the trustee if the Bank to chooses. Owner key(s) will be returned back upon successful completion of loan.

Note: Additional Terms and Conditions may be needed when apply for this loan. Click this link to read more about: The Yggdrasil Bank of Neoxian

Some of the Advantages Steemit gives which No Social Platform has ever offered it:

Steemit, is one or rather is the best platform that has managed to change more life than any other, Steemit gives power to the people through its blockchain based rewards system.

Confession from a Venezula Steemians

Steemit, as many know. Steemit has change millions of lives worldwide, and I would say that in my country(Venezula), steemit change more than 50 thousands lives, ah root of the crisis that faces and as many already know a minimum wage, is it not enough to buy the basic basket completes. That is why you see many Venezulan brothers and sisters join the platform and daily integrate more.

My ConfessionSteemit gives power to the power through its blockchain based rewards, in many country of the world, there are many country who has more than enough while some are living poorly where everything seem hard and there is no hope for many.

Hardly in some country average spending below $10 per day, despite their average spending falls below US$10 they barely had a meal per day, but with Steemit many things has been change, including myself writing this good news about Steemit.

This platform has help me in uncountable ways, both in financially, educative, and socially and meeting people who I never thought I could came across in life, Steemit connect us together as friends, brothers and family, they give supports and story is changing, there are lot of people who I met or came across through this platform who are immensely help and support me Snr. @xpilar, is the first ever who made this journey so far fun, good and hopefuls.

Along my Steemit journey, I met with countless of Kind Steemians, the great nature and homestead photographer @papa-pepper, and my friend from aceh, Indonesia, @sultan-aceh, and also a nice guy from Canada @bitcoinman and @englishrichy,@theresteemer @retinox, @giuatt07 @schamangerbert and others.

I hope you have enjoying what I write about this platform of hope Steemit, if yes Please don't forget to:

• Upvote this project,
• Re-steemed so others could read &
• Comments your view about this project.

I welcome all advice's or contribution in ensuring the success of this writing project; still Davidad on Discord server and Steem.chat

Previous Post: Chapter One

Chapter Two

Regards to @xpilar for this support

Much love to you all, from me

Helpful Tools:

Utopian

The Yggdrasil Bank of Neoxian

Steemit FAQ

Thanks for stopping by on my post