Giving Value To Newbie Upvotes: Dustsweeper Service

in #steemit6 years ago (edited)

These days, we Steemians come across thousands of newbies who are joining this platform every passing day. I love to interact with new comers on this platform and am delighted to receive their upvotes as a sign of winning their confidence. But how much is their upvote worth?

Are upvotes from newbie accounts akin to dust?

Well, if you don’t take into consideration the small portion of new accounts that invest sizeable Steem and power up their accounts; most of these accounts have only 6 SP or 15 SP in their newly created Steem wallet. Aside that, they love to experiment with fractional voting privilege, being offered to them from many dapps like eSteem & Busy. Imagine a 6 SP account upvoting you with 40% VW upvote at 50% VP! What would be the worth of such an upvote?

It’s like receiving a “thumbs up” on Facebook with no increment in the dollar value indicator of that post. However, on a blog-post, these upvotes will add up together with other upvotes to give a higher collective aggregate value. But what happens when they upvote your comments while interacting directly with them? In most cases, such comments have only one upvote. But without any visible dollar value, it appears to be a waste for receiver as well as giver.

This new service can turn dust into gold


There is a solution to this now. Last week, Steem Witness @danielsaori along with @davemccoy launched a service called @dustsweeper to turn all such “dust-votes” into something of value. Thus reinforcing the principle that every vote matters, however small it may be.

@dustsweeper is an amazingly friendly bot which turns all ignorable dust into a transactable value by providing an additional upvote to that post or comment.


How does @dustsweeper works?


@dustsweeper is a simple to use bot. On Steem platform, whenever you get upvotes whose total value does not exceed $0.0249 then its value will be shown rounded-down to either $0.00, $0.01 or $0.02. When you don’t receive any more upvotes or the total post / comment value does not increase beyond $0.0249 even on the 6th day; then @dustsweeper will notice it and upvote it by $0.028 automatically.

Joining Dustsweeper is free for all with no membership cost whatsoever. But it charges you 0.014 SBD for every upvote of $0.028 it gives you i.e. you pay only 50% in SBD for twice the upvote value in post rewards. Thus you will get about 71 upvotes of $0.028 from this bot when you pay a total of 1 SBD.

To avail Dustsweeper’s service, you only need to transfer 1 SBD or 1 Steem to @dustsweeper and that’s all you need to do. Dustsweeper bot will now take care of all your posts and comments that receive small upvotes and add its $0.028 upvote to it. Isn’t it amazing?

Last week, I had sent it a transfer for 1 SBD and almost forgotten. But today, I was pleasantly surprised to receive several upvotes from it on my comments. I don’t have to do anything after making my payment. When all my balance with it is consumed, it will send me a reminder for it. So I can always top up my balance to continue to receive upvotes from @dustsweeper.

I’m loving this service and I guess, you would too. Okay, I dunno about you, you can tell me what you feel about it.

  • Do you see any value in this service?
  • Would you like to pick up the dust with the help of this service?

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I think it's great but I still thing we should lower the payout threshold to .01.

Yes, in fact it should be lowered to eighth decimal place like many other cryptocurrencies.

I can see a reason behind having a threshold but .02 is "a bit" high.

i hope they bring a "sponsorship" where someone could sponsor another steemian (or gift another steemian).

sort of like the steembasicincome.

Yes, it:s a good idea.

Thank you for writing up a very good post @xyzashu and letting your followers know about this. I agree with you (I'm biased) that it really is a good program to make the people feel that their vote really does matter! :)

You're welcome @davemccoy! Thank you for creating this excellent service and taking out time for replying some of the comments here!

Going by some of the comments here, it would be a good idea to align the RoI of @dustsweeper bot at par with what other bots are offering in the market ...if not more. This will help in making this service more popular, imho.

Wishing all the best for your new service!

We are basically there... I think we are better than some of the services like minnowbooster now, and most of the bigger bots are usually under 2x... I agree with you though that we need to always be making the service profitable so that the users come out ahead on the use of it (in addition to picking up the dust)... Since we are a non-profit, we don't have any 10%ish fee to pull out, so my thinking is we will be ahead of most for sure!

Free Resteem For Steem-Bounty Users

  • Your Post Got Upvote
  • Your Post Resteemed To 800+ Followers
    How it Work You can Check Here

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Wow , it sounds great.
By the new service all the newcomers votes become valuable, to grow up on steemit for a new member it's a golden opportunity. Loving it

I signed up last week. I've had a few upvotes already. Great idea. What's not to like.

Recently signed up for the service but still havent received an upvote on my dust vote. In 2 days i will know for sure if it is working. I think they might be running in a supply demand issue

Hey @mightypanda that shouldn't be the case... but it should scan the 5th and 6th day for posts or comments with dust. If your posts or comments are earlier than that, then it will get to them as they hit those days... If for some reason you see it miss you, please let me or @danielsaori know or just go to @dustsweeper and we will check into it. I did see your submission, so it should work fine, but definitely let us know if it isn't!

Thanks for ur reply. I will keep a close eye on it

Looks like your problem was resolved. I checked up and noticed that you are getting regular upvotes from @dustsweeper for last three days.

Yes and i wrote a post promoting them

ok but what is the point ?

you send 0.014 per vote and get 0.014 sbd per vote.

You just get votes that give you your own money back ?

I can answer that for you @tsnaks... it isn't designed for you to make money from the upvote from the money you send... In fact you are right that you will just break even on that money... The purpose of it is to collect on the votes that were cast for you already and you WON'T collect on...

For instance... say someone votes you $0.01... you get nothing if you don't do anything.

But if you use dustsweeper, you will get paid your portion of that $0.01 (along with your own $0.014 sbd)... so in effect it is a way for you to collect those votes you received but are not sure you will be paid on.

Does that make sense? I am happy to answer any further questions!

oh ok

Yeah that makes sense.

Thanks for explaining !

You have a point. When Steem prices are low or SBD prices are high, this can, in fact, accrue losses. But SBD seems to gradually approaching 1 USD. Then this should be alright.

Such a great initiative - at the moment my upvote is worth 1 cent, and so I have been less likely to upvite comments because I thought whats the point it will turn to 'dust' - and I like to upvote comments if they are valuable!

that is exactly the point @conradt! To make people feel that their vote really does count! :)

People like you should be provided a list of all the subscribers of this service, so that you can upvote their comments 😉

I think this is best for newbies and it will help them to grow thanks for bringing this to us

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