Hot Fudge Sundae: A Steeming Success?
There was a lot of ridicule and scorn, and a lot of people said it couldn't be done. There were refusals to resteem the post because they didn't want to ruin their page's branding, which I understand because the image of the post came out sideways!
However, I am absolutely grateful for people like @nathanmars who did in fact resteem the post and to the other 283 other people who upvoted or left comments. The point of this post was to have something that people could talk about and share, similar to #steemtorch, only more fun and for free.
The large hot fudge sundae from McDonald's cost me AU$4.25 and the goal was to see if the picture would be popular enough to generate the upvotes needed for it to pay for itself. Could this be possible on Steemit?
It certainly wouldn't be possible on other social media platforms in their current state.
The Results
At the time of launching the post, Steem was worth US$0.31. The post would need to generate over 9 Steem to pay for itself. The final payout was 7.79 Steem. So, was it a failure?
.
Nope!
You see, what happened was that the price of Steem began fluctuating up to US$0.41 and down again to around US$0.35 with the recent Bitcoin bull run.
When converted to $AU came out to be: AU$4.493644
AU$4.492644 minus AU$4.25 equals AU$0.242666 profit.
So, it was a surprising success!
However, I should point out a few things:
- I do not endorse McDonald's products normally, and the amount of fudge here is excessive for them.
- This photo has not been edited, but was chosen because I thought it be the most tempting to share.
- This relied on upvotes, resteems by the community and the fluctuations in all of the currencies involved.
- My maths could be wrong, so I have shown where I have calculated the results.
- This was done for my own amusement, so I don't recommend trying it for yourself as your result may be very different.
- There was absolutely zero ridicule and scorn. This community is actually quite supportive.
.
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All in all, this has been a lot of fun. If the price of Steem does improve over time we may see more and more of this sort of thing happening. A few people have suggested that I contribute to @tasteem competitions where people are getting really good upvotes for their restaurant reviews and in some cases these have repaid the cost of their meals (in countries with different economies sure, but still that has to be a valuable @steemonboading incentive, right?
It's definitely something that I will be looking into.
Shaidon's Sundae Of Approval
Hey @shaidon! ((:
I came across your interesting experiment, and it really looks worthwhile if that can come true!
However, I think for it to become a reality, one needs to make an initial upfront investment into Steem by buying some Steem with fiat. And also engaging with the other Steemians (be interested in others and others will be interested in you).
That being said, if Steem prices go up...this whole endeavour might be easier ((':
P.S. Followed and resteemed!
This is more for existing users of Steemit. That is, it has the potential to disrupt things if we play our cards right. There was point in Steem's history where it was worth US$10. At that point it would have been easy to do. In this post I say that it was lucky to succeed, but it got people talking about Steem and that's really all that matters.
@shaidon. This is great idea—love it! I’m looking forward to seeing how you Mic it up with your #fff contenders, this will be fun to watch!
Great idea, sir! See ya in a couple.
Succes!!!
How awesome 😊
It proves that is indeed possible to get a free dessert of steem. Probably a cup coffee easily as well.
Love it!
Posted using Partiko Android
Great experiment and success dear @shaidon! I love the way you challenged the community and that all of the people helped you to proof the worth of our blockchain!
Love it and resteemed it!
Peace!
Hi @shaidon!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.175 which ranks you at #8587 across all Steem accounts.
Your rank has improved 18 places in the last three days (old rank 8605).
In our last Algorithmic Curation Round, consisting of 319 contributions, your post is ranked at #168.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Wow what a great experiment, thanks for sharing the results @shaidon, very interesting.
Results are not typical, but I think that it was worth doing and it highlits the potential of the platform.
Posted using Partiko Android
Exactly that, "it highlights the potential". 👍
An awesome experiment, thanks @shaidon, and have an awesome day.
This post is AWESOME!
Therefore it has been manually upvoted and resteemed by @thisisawesome.
I manually upvote and resteem 1 post per day, this adds value because it does not have to share spotlight with any other posts, plus I also publish a weekly post on Sundays highlighting the posts of that week.