Thundercurator OVERHAUL - Entire System Changing - MUST READ!!!

in #busylast year (edited)

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We Must Reach Sustainability

Thundercurator has turned into one of the most popular curation services on the STEEM blockchain, but has run into some very challenging issues, especially with the drop in STEEM and difficulties within the blockchain itself.

Currently the out-of-pocket cost to continue @thundercurator is roughly 160 STEEM per week for us (200 STEEM for SP lease - roughly 40 STEEM per week in transfers from users).

Instead of abandoning the platform like some other services or shutting down like even more recently, we are going to overhaul our system and make it a tiered-membership service much like @qurator with some differences that we believe will makes us an attractive option to use alone or in combination with them.

I personally am a member with them and enjoy their service and in no way are we trying to take anyone away. We want to add more value to the blockchain and add more options for people while maintaining our project and creating a successful future on STEEM.

Complete System Overhaul

  • Thundercurator is now a membership curation service, requiring all members to register with a one-time fee of 2 STEEM. This STEEM will be used to purchase delegation in conjunction with our organic and delegated SP to handle the upvoting in replacement of the STEEM/SBD transfers.

  • Thundercurator will no longer be accepting STEEM/SBD transfers to upvote posts. User upvotes are now based on their tier level by amount delegated to the service. We will be launching a bot to upvote select members soon, but for now we will continue manual curation.

  • To use the service, simply tag "thundercurator" in your post. We will upvote all posts tagged "thundercurator" by the appropriate amount based on your current tier level.

  • Since we will not be receiving transfers, there will be no profit shares paid to delegators. In the future when we have our bid-bot for select members, there will be a profit share.

Key Differences Between Our New System and Other Curation Services

  • Lower entry point for new users or users of lower SP.
  • Ability to get a maximum of two upvotes daily.
  • Proportional upvote increases to delegation increase. Some curation projects actually give you proportionally less when you delegate more to them.
  • Continuing the promotion of quality posts to increase visibility and rewards.
  • A healthy curation trail.
  • The down-voting and reporting of plagiarized/stolen content to contribute to the quality of our beloved blockchain.

The New 12 Tier System

The returns offered with the last tier system were extremely generous and unsustainable, especially with the current climate of the STEEM ecosystem. That being said there are massive changes and we have gone with a completely different system influenced by Ancient Rome.

Tier 1 - Nobilis Homo (Gentleman/Lady)

Maximum of two $0.01 upvotes on posts daily*

Requirements

  • 50 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 2 - Eques (Knight/Dame)

Maximum of two $0.02 upvotes on posts daily*

Requirements

  • 100 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 3 -Baro/Baronissa (Baron/Baroness)

Maximum of two $0.03 upvotes on posts daily*

Requirements

  • 200 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 4 - Vicecomes/Vicecomitissa (Viscount/Viscountess)

Maximum of two $0.06 upvotes on posts daily*

Requirements

  • 300 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 5 - Comes/Comitissa (Earl/Countess)

Maximum of two $0.08 Upvotes on posts daily*

Requirements

  • 400 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 6 - Marchio/Marchionissa (Marquees/Marchioness)

Maximum of two $0.11 upvotes on posts daily*

Requirements

  • 500 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 7 - Prorex/Proregina (Viceroy/Vicereine)

Maximum of two $0.18 upvotes on posts daily*

Requirements

  • 750 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 8 - Princeps/Principissa (Prince/Princess)

Maximum of two $0.23 upvotes on posts daily*

Requirements

  • 1000 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 9 - Dux/Ducissa (Duke/Duchess)

Maximum of two $0.35 upvotes on posts daily*

Requirements

  • 1500 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 10 - Archidux/Archiducissa (Archduke/Archduchess)

Maximum of two $0.47 upvotes on posts daily*

Requirements

  • 2000 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 11 - Magnus Dux/Magna Ducissa (Grand Duke/Grand Duchess)

Maximum of two $0.59 upvotes on posts daily*

Requirements

  • 2500 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

Tier 12 - Rex/Regina (King/Queen)

Maximum of two $1.60 upvotes on posts daily*

Requirements

  • 5000 SP Delegation
  • $0.02 or 100% auto-upvote on @thundercurator posts (whichever is less if you prefer)

posts must be of quality content. All plagiarized posts or posts containing only a few words or of a picture will not be upvoted unless is is part of a photo contest, etc.*

Implementation Beginning Immediately

All changes will take affect 1159 PM CST Monday September 24th.

We will begin notifying all current members and all transactions to us of the change. All submissions prior to the change will be honored with the old system.

After 1159 PM CST, your registration fee must be paid and you have met the requirements for a tier to receive upvotes from @thundercurator. All transfers will be returned.

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Why was I upvoted today only $.297 instead of the usual around $.45 on this article? https://steemit.com/pt/@ronaldoavelino/119-america-the-beautiful-parte-13

Oops sorry about that! That's my fault! I added some to this comment to make up for it.

It is not fair that a person that posts once a day pay the same thing than a person who posts twice a day or three times a day or more. Why are you doing this?

We've been paying 160 STEEM per week out of our own pocket for 6 months now. That's 3,840 STEEM that we've given up for our users and to help build the blockchain. I'm sorry if your don't see it's benefit but it's a system that has proven to work for others. We can't just keep handing out money to people, we'd go broke.

I am not against your idea of starting a new Thundercurator, what I am complaining is that those that post four times a day will earn four times more upvotes than a person that only post once a day. They will both delegate the same amount of SP and the same 2 steem.

That is understandable but we also need to be competitive with other services. We also want to award the effort put into making valuable posts on steemit. Do you have any suggestions?

Let's make some assumptions: I will delegate 5000SP to you. I will post ten posts in one day. I will receive $16 in upvotes from you. I remove the 5000SP after 1 day. All of this respects your rules.
So, if I autovoted ten times at 100%, with 5000SP I would obtain, at most, $2.4.
Do you think you would survive if a small group of people copied what I did?
So, you must create a new set of rules to prevent this and other possible abuses. One of the new rules should limit drastically the number of daily upvotes, instead of unlimited.

That s an excellent point and we are still working out kinks as I am sure there will be abuse of this kind.

Do you suggest a limit, of say 5 per day?

With the cooldown of 7 days for pulling delegation incorporated by Steemit it may deter people from constant abuse, but I am sure we will still see some.

We are open to the ideas of our users and trying to make this is great service and continue our work.

People that post more than twice a day are very few, so I would limit the upvotes to two per day, at most. This will minimize abuses.
You could do as qurator does: one upvote a day. That will prevent abuses.

Ok. That sounds like a plan. I want to offer a service that is a bit different than them in some ways. We will edit it to a 2 post limit.

Any other suggestions?

Posted using Partiko Android

We went ahead and revised for a maximum of two upvotes per day as you suggested. Thank you very much for your input.

I would not do unlimited upvotes. You would probably do better with a percentage upvote based on delegation. With a percentage, you could offer lower delegation than 50 SP, which cuts a lot of people out of the service simply by default.

Evening. We may come up with a system for new users, but even programs like qurator offer a $0.00 upvote to members under the 100 SP threshold. This payout pays more and has an entry point at 50 SP instead of 100.

We have revised the plan to a maximum of 2 upvotes per day as some of you have suggested. We are open to any suggestions.

2 Steem membership I could do, but I am working hard to achieve minnow status (am nearly there.) As such the 50 SP delegation requirement to even get on the ladder again counts me out, I'm afraid. Sorry and best of luck.

Have you run the numbers on this? The 5000 SP level jumps out at me as big outlier. Right now 5000 SP will give you a vote worth 0.2642, or 10 for a total of 2.64, but you're promising up to 3.20 in votes in return. A week like last week would broaden that gap considerably. That's a big shortfall to make up with the smaller delegations.

Not trying to criticize, just honestly asking because I'd hate to see you caught out again. I do understand that one large delegation is a lot easier to deal with administratively than hundreds of small ones, so maybe it's a reflection of that, but the next highest at 2500 is much more in line with the rest (ie, you get a bit more voting power than you're giving out, at today's rate). Also the 200 SP tier is off from the rest on the low end.

Thank you, I thought I responded to this earlier in the week but I guess it did not post with all the issues after the HF.

We will be doing a bit of adjusting, just need to get the system out and continue working on the kinks since time is of the essence for curation. We have made a few changes and also are introducing a Tier level for this upcomming week. Please feel free to offer your comments and thoughts on the project, we are all on big family and the only way to make this entire blockchain successful is to work together and support eachothers projects.



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