I've bought 3,500 MOT And Staked Them For Mediaofficials.io (Plus Some Things That Make The Site Different)
So if you have yet to check it out click on this link:
https://mediaofficials.io
Similar to palnet.io you can post about several topics there. I picked up 3,500 MOT for a great price on the market and am glad to see it has gone up a lot since then. Sure there is little liquidity and this time but its going in the right direction and it is nice to see as the rest of the market (and my investments) are not doing well. I have staked them all and am working on getting my influence up as quickly as I can.
Here are some interesting aspects to mediaofficials that make it different than the other sites:
Payout is every 3 days instead of 7. This means you can get your coins faster. Although this may take away a bit from evergreen articles it will make the site better for news type posts. 3 days is plenty for a news cycle.
Instead of "staking" you coins you are increasing your "influence". Sure it is the same thing with a different name but naming matters. We live in a world were online influencer is a job and this site plays with a language we are already use to. You could be staked or have a lot of influence on this site.
They have created several sites and your content will appear on more than just mediaofficials.io. There is a site for cars, crypto, food, fashion and several others. This will create more links for your work and help to organise content further.
Right now there is only 1.156 m coins in circulation. Though I am not sure how much inflation is a year maybe the team can let me know in the comments?
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@whatageek Thank you for this post.
To answer the inflation (emission) questions in regards to the reward pool. Currently the system is set to produce 16 new MOT tokens every 100 blocks. So, that gives around 4,600 new MOT hitting the reward pool each day.
Once we hit a stable target price and increase in our user base, we will perform a "split" with the reward pool. We will increase to 32 new MOT tokens being produced every 100 blocks. This will give us more tokens to distribute to an ever growing user base, and will benefit those who have MOT staked in Influence. Those using their Influence to vote will see an increase in curation rewards.
50/50 Author and Curator share.
Currently 938k is staked out of the 1.157 million MOT in circulation.
https://steem-engine.rocks/tokens/MOT/richlist?sort_field=stake&sort_order=desc
A good portion of the remaining 219,000 MOT not staked, are used to further distribution and provide liquidity on the markets. This is around 140,000 MOT.
Which leaves 79,000 to possibly hit the markets or staked for Influence.
Combine this with low prices on the markets, increasing user base, and an increasing demand for Influence... We can see what is coming next.
Get MOT while the prices are low.
Looking forward to your next post about Media Officials!
Thank you for the quick and detailed response :)
Great to hear you guys have it under control, I wish I bought more when it was cheaper.
They also have a partnership with priceline.com
Also 1300 more sites on there way as well.
Really? Awesome. Thanks for the info.
another tribe this is cool steemit has evolve much bigger than what i thought