Almost 2 years ago, @ecoinstante and I were given an opportunity to participate in @papa-pepper's selfie contest - which changed the way we conceived of the power of virtual networks of real people powered by STEEM.
The exciting end of that chapter was a run up in both the SBD and STEEM price, allowing us to share in vast riches that had accumulated throughout the contest by the dolphin host, Papa-Pepper.
Now I am proudly a dolphin, and on my way to orca - I want to replicate as faithfully as I can, with some minor changes, the excitement, the prizes, and even the bull market with a new contest.
This post is the soft launch, as I am currently travelling, so I will not have a full rule set together yet. But participation will pay throughout the contest. The first post in this series we already have our first 6 winners:
While looking into the rewards changes in the most recent hardfork, I began to realize the future for voting subscriptions - or 'vote bonds' as @rycharde calls them. These tokens lock up STEEM POWER - like all good STEEM projects should - and they use it to vote - like all good STEEM projects should.
Although SBI has not tokenized on steem-engine, these less-liquid voting units support all holders equally, independent of post frequency. By building up an rshares balance for each holder and delivering the votes in a timely manner on only such post selected by the holder, SBI gives the ultimate in vote flexibility.
This is why I have chosen to use SBI to support our new development project @quintaesencia. And at the end of this contest, the prize pool, located in my @ecoinstar account and sitting at just over 333 steem at launch, will be sent to the steem basic income account with the memo
The income from my personal account @ecoinstant will be used throughout the contest to sponsor the weekly bonus prizes to the best participants, commentators and causes.
The First Challenge!
Today we launch the first challenge, entitled 'Noble Causes'.
Participants please respond to this post with a report on 'The best project (that is locking up steem power)'. Please include who, what, where, when, why and how in your complete answer, and also note that I am interested in projects that are powering up SP.
The best responses will earn SBI shares for themselves and their favorite projects! Projects with multiple supporters entering will earn multiple shares!