Testing @promoted Bot
According to the article Don't use vote-selling bots: use @promoted instead. A bot that upvotes you when you burn money! by @heimindanger there is a new bot on the block.
@promoted
The procedure is quite simple:
- Promote whichever post you want to
- Promote it with minimum and maximum amounts for the bot to work being from 0.001 to 10 SBD
- Wait for the upvote which should come within 10 seconds
I decided to put the bot to the test!
After publishing this post I will upvote it with 1 SBD and publish the result, if any, here as an edit to the original post.
The Result Of The Test - It is Working As Promised
Promotion
Upvote
Let's do some math.
$0.36 x 75% = $0.27
In other words, I will get back approximately 27% of the invested amount.
It is OK to receive less since the announcement strictly says
At the moment the bot upvotes give much less (about 15%) than the promotion amount.
I'll keep an eye on this bot for several reasons:
- it is beneficial to the ecosystem
- the post in question gets promoted and upvoted
- the promoted amount gets burned so the total value of steem is increased (by a tiny amount, of course)
Sounds great in theory, but they would have to be competitive with other bots in order to be successful.
With more SP behind the bot it could be competitive.
I think that 0.36 $ for 1 $ is not enough. You get around 1.5 $ per 1$ at @minnowooster. If you have luck, you get more than 2 $ per 1 $ at @buildawhale or other biding bots.
True. Read my edited result.
https://steemit.com/introduceyourself/@mak78/my-father-s-clicked-and-i-love-this-pics
Cool, definetly feel better when the system and therefore everybody benefits instead of just two accounts, the whale and the payer
Exactly. I believe that, with time, this or any similar bot, can return more than you invested. Let's give it some time ...
This is a good idea, to burn, it's like buy-back option some ICOs have. In theory, then the Steem token value should rise...but not sure if there is the same case. At Iconomi they have buy-backs, but the number of their tokens is limited and each burn rise value. At Steem, the number of tokens is not limited...or I miss something?
Anyway it's worth to try...
Yes, it is the same idea behind it. The promoted amount gets burned.
You can see the effect here: https://steemit.com/@ervin-lemark/transfers
Yeah, I know, I also promote one post, but not sure how the value of steem will rise because there are tokens generated anyway...I mean the value couldn't rise as much as via buy-back in a limit token environment...
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