The Scalable Giveaway Project

in #introducingme7 years ago

Hello Steemians,

I have seen many types of giveaways in Steemit but they are usually a short term solution to help minnows, that it is why I have started this project, to reward all users for its participation.

All posts will have default rewards which mean that 50% of rewards will be SBD and 50% SP, here is how they will be used.

1-SBD:

All SBD will be converted into Steem, then it will powered up to @minnowbooster taking advantage of this investment opportunity. Quotation from project post about this investment:

"Investing STEEM (Powering up @minnowbooster)
You can invest STEEM in the bot and expect roughly 100% return per year, less our facilitation fees. You earn from all delegation leases and/or upvotes the bot makes prorata based on the undelegated portion. Returning your investment later is on a best effort basis and subject to 13 weeks of powerdown rounds.
To invest, power up STEEM but send them to @minnowbooster instead of to yourself (you can do this with the ADVANCED button). You will receive an automatic daily payment of your earnings.
Investing by powering up @minnowbooster gives you "best of both worlds" returns from the vote bot and from delegation that the @minnowbooster account makes at higher than market rates for microlending fulfillment."

Full post: https://steemit.com/minnowbooster/@minnowbooster/introducing-minnowbooster-beta

All SBD rewards from the posts will be used for that, thanks to its daily payments that will be the prize of each giveaway meaning the more rewards the post get the higher the prizes will be.

2-SP

50% of the rewards are paid in Steem Power that is why the giveaways will not only include SBD but also upvotes making full use of the Steem Power rewarded.

Prizes:

There will be four winners in each giveaway:

SBD winners:
1- 75% of the SBD collected with minnowbooster project that day.
2- 25% of the SBD collected with minnowbooster project that day.

Upvote winners:
1- 100% upvote to the last post made from the user.
2- 100% upvote to the last post made from the user.

All rewards made from this post will be used for the following things described before.

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Feel free to leave comments about possible ways for improvement or opinions about this project, thanks in advance.

Feel free to check the new update to The Scalable Giveaway Project which allows you to invest in it: https://steemit.com/update/@lrd/the-scalable-giveaway-project-update

Hi, @lrd,

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