First statistics after launch, and a bit of a perspective on roi, value, downvotes and so on

in curangel •  last month  (edited)

A full week has passed since our official launch (and the initial big delegation), so we're ready to share some statistics!

We have attracted a group of about 20 curators from all over the world. Covering most of the timezones allows us to keep the queue fed nearly 24 hours a day and spread our votes into the most secluded regions.

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Those curators have distributed 729 upvotes over 618 accounts during the last 7 days. The average efficiency moves around 50%, which is actually better than initially expected. Due to the focus on maximizing rewards for the community instead of the delegators, which is done by voting at 100% VP instead of instant upvotes at the most profitable time, it's a great result that we get the average 50% of our vote value as a return!
With the current numbers, we will yield a bit more than 10% of the combined delegations per year. After substracting the share the curators receive for their work, that means ~8.2% for delegators, slightly topping the initial expectation of 7-8%!

Some people say those numbers are too low, and it's possible to make a lot more from your Steem Power. And as for now, they are right. Newsteem is spreading awareness day by day though, and more and more people start joining the efforts to stop the value extractors and help making steem what it was intended to be - a platform that distributes its inflation to contributors, not passive investors. The focus is on bid bots and the powerful voting circles for now, but after they've been dealt with it'll go down to the smaller abuses cases. As every steem someone takes out for his "investment" prevents content creators to get their share, and in the end drives them off, these efforts help the whole of the platform to grow and appreciate in price.
We do our part in targeting some of the biggest and also some smaller abusers with our downvotes, decided on freely (as long as reasonable) by the delegators. We also maintain a blacklist of users who take part in self voting circles, and we are blocking all recent vote buyers. We strongly believe in organic determination of value, and anyone interfering with that system will not get a vote from us.

The blacklist will be made public and searchable in a while, so users who participated in these circles in the past can check if they were listed and approach us to get removed when they changed their ways.
Vote buyers will probably soon receive a comment under their post that they missed out on a vote to appreciate their content by forcing appreciation with their wallet.
It's still a long way to reach the change in consciousness that can help make steem great, but we trust in the community to work together to make it happen!



Thank you for your interest in the Curangel project! If you want to help us supporting a wide range of valuable community members and at the same time receive a share of the generated curation rewards, consider sending us a delegation. By doing so, you will also receive the possibility to help us move rewards from overrated posts back to the pool.
For more info, check out our introduction post

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Curangel project is brought to you by witness @pharesim
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Combining a project like yours with the earn for holding Steem Power results in 10%+ Token returns for completely passive investors. Anyone trying to passively do better than that is almost certainly doing so in a way that is actually harmful to the actual value of the token. Those folks are short sighted. Only responsible handlers of large delegations have a chance to achieve the combination of token accumulation + price appreciation, and it’s looking like @curangel is filling that role well. Congrats on a solid start.

Thank you!

Nice job on a solid first week, @curangel! I just threw 100 SP your way in delegation, nice to see the mission taking off and working as it should. Keep up the great work. :)

If people come across votecircles, can they be added to the blacklist in some way?

For sure. Just stop by at our discord, we take suggestions or send them directly to us.

I was one of the lucky 729 upvotes over 618 accounts receivers, I just want to let you know I did appreciate the vote. I think it is nice when an everyday kind of post can receive a vote, it was after all just a post, I am not really a blogger more of a voter, reader, looker and a person that likes to leave comments on things, so thank you.

Nothing but ♡♡♡

"As every steem someone takes out for his "investment" prevents content creators to get their share, and in the end drives them off, these efforts help the whole of the platform to grow and appreciate in price."

"and we are blocking all recent vote buyers"

WOW! It's as if you guys just appeared right out the Steemit Heavens! Awesome!

I found you guys by noticing I received and up-vote from you. So thank you for that. This project and others like this is exactly what the platform needs. The bid-bots and other corrupt practices have really been destructive. As a leading travel blogging content creator you have my support in a big way.

@pharesim has had my witness vote for a long time now. Will, you or others who work on this project be at steemfest this year? As I will be going and would love to meet you guys in person....see the curangels first hand! haha

Keep up the great work!

From Playa Del Carmen Mexico - Dan "World Travel Pro!"

Thank you so much for your kind words and support!

Some of the curangels will be there for sure and we would definitely love to meet you :) Can't believe it is so close already! See you in Thailand!

It's gonna be great. Please come up to me if you see my face. Really looking forward to meeting you guys.

Such a fun and active project. I have nominated a few great posts and often, they have already been curated.

Great minds think alike and many hands make the task more manageable!

Posted using Partiko iOS

Keep up the good work 😊

Posted using Partiko Android

This is good for Steem. I've delegated a little and will suggest posts for downvotes. New Steem is already looking better.

The best to keep the user motivated isn't showing love, which is only possible is through appreciating the quality work...keep the good work going


Congratulations @curangel!
You raised your level and are now a Minnow!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

👍
~Smartsteem Curation Team

Vote buyers will probably soon receive a comment under their post that they missed out on a vote to appreciate their content by forcing appreciation with their wallet.

That would be great. I was wondering about that. Someone I wanted to put in the queue missed our because of an ocdb vote earlier in the week, which is a shame. There so many people now out and about looking for good content.

  ·  last month (edited)

I hope there will be an update where you can trail votes ala smartsteem. I really wish to support the project but I need as much vp as possible to downvote these days. So I can contribute in upvotes but I want to keep my downvotes.

  ·  last month (edited)

By delegating to us, you not only keep your downvotes, you even receive a share of the stake of the other delegators who don't use theirs! While staying out of the spotlight and avoiding retaliation at the same time.
All our downvote power is constantly used. Delegators submit posts, and it gets spread between those submissions. Only downside is that you're limited to 3 posts every 12 hours.

That said, I recommend steemauto for trails. Take care with the settings though, we upvote over 100 posts a day.