Minnowbooster and Smartsteem, which one to go for vote-selling?

in #minnowbooster6 years ago (edited)

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For those who want to take full advantage of Steem power (SP) without participating in the Steem blockchain at all, there are bots which can help in two ways: SP delegation and Vote-selling.

I've compared the the SP delegation profitability to @minnowbooster and @smartsteem in the previous post. Considering SP delegation is not for everyone, vote-selling is another popular option for the divers in Steem. Let's take a look at the comparison of the two giants on Vote-selling service, shall we?

Vote-selling in Minnowbooster

First of all, the payout. You get 85% of all the sold votes they cast for you. Plus curation rewards which are coming from the posts payout which is totally unpredictable as the bot can cast votes for all the vote buyers.


Minnowbooster does have a referral link for new member recruitment which I did not expect at first. However, I failed to locate any detail on how they handle the referral bonus to referrers. Is the referrer credited if the recruited filled a lease order, vote-selling or bot delegation? I tried a several searches on Google and Steemit, including a thorough scan at their FAQ page, all to no avail.

Please enlighten me if you know any information on this.

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Vote-selling in Smartsteem

Vote seller receives 85% of the profit which is same as Minnowbooster. However, Smartsteem provides a really convenient Revenue Calculator which allows users to get a rough idea how much they are going to make. '


While you still get to receive the additional Curation reward that incurred during vote-selling process, technically it is impossible to predict how much you are going to make out of this extra bonus.

With the exclusive SmartScore Stars system, I would say one is likely to score more handsome rewards with Smartsteem.

Under user Settings you will find this section of Vote User Selection where you can decide who you will sell your vote to. With SmartScore Stars selected, your vote will only cast to the whitelisted users which you can review in this list. All the whitelisted user is hand-picked by the team and I have picked several users for quality check, almost all of them are quality content creators I would say or you can kindly check the whitelist out yourselves. The team did not reveal their star rating standard but they did a fair job on it nonetheless.

We know the first rule of Steem, good content usually get rewarded more.

So I think it is safe to say that vote-sellers can get higher Curation reward via Smartsteem provided they sell votes to the SmartScore Stars users.


Unlike Minnowbooster, Smartsteem makes everything clear on the referrals bonus that referrers will receive 0.5% profit of every sold vote by the referrals. And I'm receiving referral bonus from my recruitment.

However I cannot tell which service is more superior in this aspect unless Minnowbooster makes a clear declaration like Smartsteem did. Nor did I ever referred anyone to Minnowbooster.

Note: One can only receive referral bonus by vote-selling in Smartsteem. @therealwolf should start to consider taking SP delegation into account.

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Conclusion

  • Both services provide 85% profit for vote-selling.

  • Curation rewards are unpredictable but Smartsteem tends to be the winner with their killer SmartScore Stars system.

  • Both services carry referral system while Minnowbooster remains totally unclear and Smartsteem provides a solid 0.5% profit.

Minnowbooster seems like doesn't care much about vote-selling service as their main focus is in the well-known SP Lease Market. At the same time, Smartsteem treats vote-selling as the core business that they build some complimentary stuff like Whitelist and Vote Selection around it.

Smartsteem is much more preferable in vote-selling selection.


Please use my referral link to sign up Smartsteem if you found this article useful: https://smartsteem.com?r=fr3eze


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Why is the ROI so slow for selling votes. I believe is it twice as profitable or more to delegate SP through minnowbooster lease market at 30% plus.

Just trying to maximize my investment in the Steem platform and do not have the time to curate all day. I am fairly certain vote selling is more profitable than following curation trails on Steemauto but if anyone has more resources I would appreciate it.

Vote-selling seems lower because it got the unpredictable income of curation reward. But without the drawback of SP delegation which need 7 days to cooldown.

And even in SP delegation @smartsteem is more in advantage: Best revenue of SP delegation, Minnowbooster or Smartsteem?

Thanks for the delegation comparisons. In your example Smartsteem was paying about 38% APR simple interest. Correct me if I am wrong, I believe Smartsteem delegation returns are variable. If you have evidence of their historical delegation APR I would appreciate it.

Is there a calculator or some other way to estimate the vote selling rewards? From other readings it seems like curation rewards are about 15% of the post value (I think themarkymark provided that data). Although the individual curation ratio would be impossible to predict I suppose. I wonder what percentage the last up voter receives in curation rewards.

Additionally, I can not find any information on how the vote selling values SBD. Is it variable based on current market rates or is it always static at $1. Steem really needs to get rid of SBD if the price will not be maintained at $1... just adds some much complication to every operation.

Have no evidence to prove that claim anyway. It doesn't matter how bots value SBD, I use it if I think the calculated revunue justifies my cost.

Ok. @smartsteem then.
One problem is, their UI doesn't show where the vote is going to. Had to use other app. Sometimes I want to read the post of my upvote and maybe leave a comment.

Oh never thought of this. You may join their discord and suggest this idea: https://discord.gg/Q7D2xZB

This platform is rather young compare to the older players in the field. But I can tell they are aggresive and improvinf rapidly. As you might noticed they just had a UI upgrade at their site.

Very good point 👍🏼

Great information, I think Smartsteem is good option, and you are my referrer :)

Appreciate that buddy!

If minnowbooster didn't changed their system and made a lot of messy codes, I would still go to minnowbooster. It is sad to say but, smartsteem is getting way better than minnowbooster now.

It is sad for the minnowbooster owner but not users. We got the right to choose better services.

I am not sure about vote selling, it seems that SmartSteem is superior in this aspect. However, experimented a little on vote buying and it seemed to be more profitable on minnowbooster. I was able to get some ROI in terms of SBD from minnowbooster when I buy votes there. But on SmartSteem, there is no ROI and I ended losing out after distributing curation rewards.

But minnowbooster recently implemented the ReCaptcha on the vote buying function which makes it more troublesome to buy votes. So, I am really caught in between now.

Your thoughts?

You are right. I used to buy votes from Minnowbooster which can provide vote at 2.7x return, no other service vould match that so far.

But they have a real problem, minnowbooster vote supply has been very low(not more than $1) consistently for a long time. That's how I made the switch and found smartsteem.

While not providing ROI as high as its competitor, @smartsteem 's up to 2.5x return is handsome enough not to mention there are more interesting features to explore on this platform.

thank you for the comparison and now I just know about this. can start to sell my vote already. lol

Good for you!

Ok. I just tried this service with @smartsteem. Let’s see what I will get. Thanks

Great! Make sure to use my referral link 😋

One question though. What is the advantage ( or difference) of smart steem vote selling to the white list @85% profit vs. using busy.org and oppoint your vote to the same white list at 100% profit?

I'm not aware busy.org is offering vote-selling service. Any links for information?

Busy.org is a free sevice: you appoint the bot to vote for your favorite bloggers as soon as they have a new post ( or at any certain minute you choose after the post is published). Different than selling your vote to a bot at 85% profit ( which you don’t choose to whom they gonna use your vote ) .. but in busy.org you choose ( and get the curation without a commission.
I haven’t used busy.org yet. However... it seems nice since it’s free and you can choose your favorite bloggers and you can comment to and interact with their posts too.

All I know about @busy.org is a front-end site to Steem blockchain just like steemit.com. Never heard of them running such service.

Thanks for this information

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