Minnowbooster Announces Adjustment to Profitability ScalesteemCreated with Sketch.

in #minnowbooster4 years ago (edited)

Today Minnowboosters is announcing a change to our profitability formula in an effort to be able to push out more Boosts to our loyal customers.

As you know, Minnowbooster has been working on a 3x profitability model. Meaning that if you were to submit a post for a boost when Minnowbooster was at 100% voting power, you would get a return of 3x what you put in to boost the post.

In Reality, Minnowbooster is closer to our minimum VP of 57%, which returns 171%.

With so many people calling on Minnowbooster to visit their posts, in an effort to keep our Voting Power Effective, we have decided that we need to make a slight adjustment to the Voting Power per post, and will be decreasing our Profitability Metric from 3x to 2.5x at 100% power.

This change, combined with the minimum Voting Power of 57% will see a minimum return of 142.5% as opposed to the 171% you were seeing with the 3x model. If you assume maximum curation reduction of 25% your end result profitability drops from 128.25% to 106.875%.

In announcing this decision @reggaemuffin stated:

What this means is we can vote more and our raise limits. Users will soon start seeing Minnowbooster as a promotional tool to get into "hot" and "trending" to boost visibility; not as a money multiplier. This is a huge step in reducing spam and abuse on Steem!

THE NEEDS OF THE MANY OUTWEIGH THE NEEDS OF THE FEW... OR THE ONE.


With this change, along with the new "Sell your Vote" feature, allowing us to conserve Voting Power, our hope is to get Minnowbooster off of that 57% minimum Voting Power and start getting closer to the higher Voting Power profitability we would prefer to operate at. At the same time, being able to service more overall posts, while simultaneously positioning ourselves as a post promotion service.

As Spock said "The needs of the many, outweigh the needs of the few."

This change is effective immediately, so you will already be seeing the new metrics in place. We appreciate everyone for your support as we fine tune our products in order to provide the best possible experience for our users.


Updated Terms of Service

Minnowbooster takes Boost Abuse very seriously. Abusers be warned, a new policy is being put in place and if you continue to upvote content that violates our TOS, we will be removing your upvote and declining a refund payout.

What constitutes abuse of @minnowbooster?

  • Using multiple accounts to post duplicate content and purchasing MB upvotes for all of them.
  • Same goes for using multiple accounts to post low quality content just to farm Minnowbooster for profits
  • Upvoting posts with MB that are written in a copy / paste style.
  • Using a MB vote for very short or repetitive content.
    • Length is subjective, but 150 words is a good safe guideline, however original art, photography, video and animations will be exempt from the 150 word guideline.
    • Think about the content you are upvoting and decide based on the criteria we have laid out.

What is @minnowbooster's new policy in dealing with abuse?

Users who violate our TOS regarding upvotes will face the following consequences:

1.) Your post will be unvoted by Minnowbooster
2.) You will not receive a refund for the original upvote.


What can MINNOWBOOSTER do for you?!

What?CurrencyAdvantages
Buy upvoteSBDEarn an instant return
Lease SP from marketSTEEMIncrease your vote strength and curation rewards
Delegate SP to marketSTEEM POWEREarn daily STEEM dividends
Invest STEEM in MinnowBoosterSTEEMEarn daily SBD dividends
Delegate SP to MinnowBoosterSTEEM POWEREarn daily SBD dividends
Sell your vote to MinnowBoosterVOTING POWEREarn SBD share of sells

CURRENT PARAMETERS:

ParameterValueRemarks
Minimum Upvote0.01 SBDMinimum SBD you can send
Upvote comments?No
Profit at 100% VP2.5 timesCheck VP at steemnow.com
Daily Limit5.0 SBDMaximum you can send in 24h
Weekly Limit15.0 SBD7 day maximum
Minimum SP Lease1 STEEM
1-3 Week Lease1 STEEM/75 SPPrice per week/Lease size
4-24 week Lease1 STEEM/150 SPPrice per week/Lease size

Provide us with feedback

We are happy to hear your feedback about where we can improve.


Join our Discord chat

Get support and connect with us and other Minnowbooster fans!

We are always looking to improve @minnowbooster and try to keep you up-to-date whenever something changes. If you have any suggestions about what we should change or add to @minnowbooster, then please write us a comment :)


Missed the BuildTeam announcement? Here's all the juicy details.


Video Tutorials

MinnowBooster Tutorial #1: Delegating SP to MinnowBooster

MinnowBooster Tutorial #2: Powering up STEEM to MinnowBooster

MinnowBooster Tutorial #3: Upvoting Posts with MinnowBooster

MinnowBooster Tutorial #4: Leasing Delegated Steem Power with MinnowBooster

MinnowBooster Tutorial #5: Delegating Steem Power to the Market

Minnowbooster : Sell Your Vote to MB for SBD! Upvote Bot Market (UBM) Revealed!

Minnowbooster Browser Extension - Powered by BuildTeam

Minnowbooster New Feature: Auto-Claim Rewards

Minnowbooster Upvote - 15 Minute Delay Policy and New SBD Limits for Upvotes.



And last but not least, here's our cute little footer made by the most epic @ryivhnn! Yes, there are cute little minnows floating around!


Minnowbooster is a @buildteam project by @thecryptodrive (witness) @cryptomancer and @reggaemuffin (witness)


Visit our flashy new website minnowbooster.net!


This is a @steemvoter subscription payment post. Thank you to Steemvoter customers for allowing us to use your Steem accounts to upvote this post by virtue of your free subscription to the Steemvoter.com bot service. @steemvoter is proudly a @buildteam subsidiary and sister project to @steemsports and @minnowbooster.

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You can just tell that some Steemians truly have others in mind and listen to the pain points of the community. This is sending the absolute correct message to everyone and gives us minnows more hope to trend/get a following. Previously, I think the service was somewhat exploited a bit for the profit element and sadly depleted for those who really needed it for exposure. It also stays true to the mission of the service overall.

Bots should be for the good of the community, not an easy button for money. A step like this, while not mandated or necessary, shows that the team behind minnowbooster is living up to its name.

Thank you @reggaemuffin and all involved in the backdrop for doing the right thing. Looking forward to the next development and investing in helping when I have enough clout.

Thanks for speaking out my heart

Plz plz plz sir ji vote me
I beg you, please ask me sir

begging is really uncool :/

Is that what you say to beggers on the street? Maybe they really are in desperate situations.

Yeah sure, that can happen. And here on steem they are not a beggar on the street but someone who is spamming into a discussion.

Imagine this: You are in a conversation and someone interrupts you and jumps up and down 'Here, I am free, please, throw me your money, you have to, please sir plz plz plz' how would you react?

Portuguese version of this post/Versão deste post em Português:

Minnowbooster Anuncia Ajuste à Escala de Rentabilidade

Spanish version of this MinnowBooster publication / Versión en español de esta publicación

https://steemit.com/minnowbooster/@simnrodrguez/minnowbooster-anuncia-ajuste-en-su-escala-de-rentabilidad

What a great idea. Using @minnowbooster to encourage the posting of quality content and boosting it into the trending and hot pages for better visibility. It is great to see this service adapting and changing to better suit the needs of STEEM as a platform and users as well.

Plz plz plz sir ji vote me
I beg you, please ask me sir

LOL (hey, @reggaemuffin did vote for you)

He was asking for it 😂😂😂😂

Plz sir kindly vote me plz

In my opinion minnowbooster is the best voting bot with maximim returns. Keep it up !!!!

Good job. Its encouraging to see your team innovating ans always trying to make things better. Clamping down on abuse and removing the incentive to spam helps us all. Now we just need the other big bots to clean up their act too :)

Would be interesting to see if dart is using bidding bots :) The blacklist offer still stands

Please send me that blacklist, bellyrub only has a handfull.

answered you on steemit.chat :)

So it's becoming difficult to figure out how much one is allowed to bid. Hard enough when it changes constantly, but you guys have made it crystal clear to everyone they need to check, so no biggie.

But now, you've got different numbers at the URL than you do in you "latest" post. I usually use the URL to be quick and check. I did so a few minutes ago....it said 10 a day, 35 a week. Good to go, sent 10.

Got a message back telling me you couldn't do 10, making sure to also list how much it "would" have been worth, that you can't do. So I'm stuck going back to this thread, which is 4 days old, and things change quickly with you guys....4 days is almost a lifetime. LOL

So....where should we be looking for parameters? Is the url not the place anymore? Any help is appreciated, thanks.

EDIT:

AND NOW it's kicked back my 5 SBD....WTH???

I stand by this decision 100%. Minnowbooster is and should be used as a tool for gaining exposure for content creators who are looking to have their hard work be seen by enough people.

Though costing more, it makes it perfect sense for content creators like myself, with higher limits, especially daily limits to give our own post a boost so as to have our content see the light of day.

I use minnowbooster on every single one of my posts for just that fact and wil continue to do so.

May I ask, however, what the new limits will be? I have just checked on minnowbooster.net, and aside from the monthly limit being raised to 100SBD the daily and weekly values have remained the same.

BuildTeam is doing tremendous work for the Steemit community and I really appreciate it. Minnowbooster literally created an implementation independent, rendering the use of Steemit's native 'Promoted' Page obsolete.

Which is an absolute travesty as there is so much potential for Steemit to properly monetize that and negate the inflation of Steem!

Maybe, just like minnowbooster however, I should do something about it rather than simply say it isn't working.

God Speed Brethren.

We are currently rolling out a whitelist that will allow verified quality posters to go up to 100 SBD once and essentially have one shot at the trending page. Check out our discord to apply for it. Official posts will be out the next days as we define the criteria for it.

yess

Wow that's exactly something I would use! That's great!

Looking forward to the follow up.

Thank you!

That sounds good too. I try and post just once a week and make sure it's decent quality so I would definitely be interested in this. It would be a great help to professionals who are just part-timers and/or starting out on the platform.

Hello @minnowbooster thank you for your effort.
"your end result profitability drops from 128.25% to 106.875%." It is very bad for minnows you reduce the return very much and not forget that there are a curation return so the minnows now is in lost! The minnow paid his vote, paid a curation and 0 return. Excuse me @minnowbooster you think to cut the abuse but you will cut also the minnows :(
I want suggest you smart idea to distinct the abuse:
Make upvote level:
*For 1sbd and less=> give them 200%: they are minnows 100%
*For more than 1sbd=> give them 90% : they are not minnows.
The minnows havent money to invest :)
I hope you think to my idea or help us with other solution i know you are very smart.

I think you are confusing this a bit. We factored in curation. You try to apply it twice. We don't want you stealing the curation from your voters and that won't change.

stealing!!! what i steal if i pay my vote! You dont understand me.

To answer your deleted comment. Minnowbooster will choose changes that benefit steem over changes that just benefit MB. A competitive mindset will not get you far. If you feel like that is nothing for you, there is a free market you can choose from. And you can vote for witness who you want, including jerry :)

I delete it because i was stressed. We arent english member so very very hard to get upvote. I want grow quickly to help my team to grow and write great article using our language. I use MB to grow up my power then i can help others with that and encourage my team :)

If you only use MB to earn more money, then please stop using it. IF you use it to get more friends and followers then you are taking away their curation rewards by voting in the first minute.

مرحبا اختي جوليا
أنا إستعملت خطة تقوية Apvote
و إتبعت شرح الفيديو وبعد تجهيز المنشور مباشرة
قمت بإرسال
1 sbd
إلى minnowbooster
ولكن رفض مما قمت بتخفيظ القيمة
ياترى ماسبب؟
إنظر إلى هذا التفاصيل

31 minutes ago Transfer 0.070 SBD to minnowbooster https://steemit.com/life/@slimanepro/surviving-drought-in-south-africa
47 minutes ago Receive 1.000 SBD from minnowbooster Sorry, we could not upvote you with 1.000 SBD ⇒ $1.711, please try a different amount. Our website https://www.minnowbooster.net has a graph with what sends are currently working.
48 minutes ago Transfer 1.000 SBD to minnowbooster https://steemit.com/life/@slimanepro/surviving-drought-in-south-africa

اخي هناك جرافيك في هذا الرابط اتبعه ستجد فيه كم
sbd يمكنك ارساله
https://www.minnowbooster.net/
اكتب محتوى جيد لتضاعف ارباحك و تبني حسابك بسرعة ان شاء الله بعد ان اقوي حسابي ادعمكم

شكرا أختي جوليا على الدعم
لاحظت أنه يقبل
0.25 STB
فقط
هل من علاقة مع قيمة ستيم باور خاص بي

Hi,I am using your delegating vote service,very useful for me,but I just want to know,if I delegate all my power to you,will I earn more compare to selling my votes to you?thanks ahead. @minnowbooster

@davidding, kindly check your wallet history i sent a memo to you you which is of high importance and profitable to you.

@davidding check your memo you will see the offer that i have made to you which is higher than what anyone could offer to you

The sell your vote feature is currently way more profitable than delegation

thanks for upgoat from minnowbooster. It would be awsome to get this kind of votes without bots :)

@ davidding how do i contact you?

I sent a message to you yesterday using memo but im yet to get a reply from you.
Kindly contact me lets talk i can drop my whatsapp phone no, facebook or twitter so that we can talk

Wow! That was a lot! Oh why did they rip your reputation off?

Great post

The people behind MB are amazing! Say my hi

Hello MB. Solve this if you can, get no upvote and 0.07 *3 get 0.07 upvote from you...

3453.JPG
3 minutes ago Claim rewards: 0.783 SBD and 0.882 STEEM POWER
3 hours ago Transfer 0.070 SBD to minnowbooster https://steemit.com/steemit/@sokoloffa/hub-in-ukraine-transfer-of-ownership-khab-v-ukrayini-peredacha-prav-vlasnosti-20171031t171058593z
3 hours ago Transfer 0.070 SBD to minnowbooster https://steemit.com/steemit/@sokoloffa/hub-in-ukraine-the-complexity-of-opening-an-institution
3 hours ago Transfer 0.070 SBD to minnowbooster https://steemit.com/news/@mariachan/exclusive-edition-of-the-game-gran-turismo-sport-contains-a-real-car-2017112t202056635z
3 hours ago Transfer 0.070 SBD to minnowbooster
no upvote for this
https://steemit.com/news/@mariachan/electronic-arts-published-the-release-of-the-trailer-need-for-speed-payback-2017112t21135194z

Thanks

We stopped commenting on sends under 10 cents, check your minnowbooster user page for who the seller was. You got your votes.

it's good to see that you're actively involving by updating the TOS and your code. this makes sure that legitamate posts get to use your services mroe :-)

Every week I have to spend at least 15 minutes to figure out how to use the revised version of Minnowbooster. Very frustrating

@mannowbooster

I wish, you would be the part of our No Smoking Campaign. Its our privilege that you are one our supporter. We together try to reach this campaign to each and every steemian's. Come and join us..

No smoking Campaign 🚭

The golden rule of crypto: Never play with money you afford to lose. Which average Joe has 15.2 ETH to burn? This is great to get us 1-2 ETH level investors a chance before the whales and IIs gobble up the tokens. Then we're in for a bumpy ride at the mercy of their price manipulations, prepare for some huge fluctuations, make the most of peaks and troughs and we'll come out the other end smiling (or not).

Glad to see another good post.
Thanks for sharing the video with us.
your post resteemed!

@minnowbooster is a wonderful project, top ranking and heart favourite for boosting up any post, i love that and preffered to used it. updation in term of services is awsome. whole team specialy @reggaemuffin done a great job for the promotion and development of steem community, i reallly appreciated them.

if i,ll give you my voting power you will increase it 3 times ??????

We will give you SBD for it

if they increase i,ll give my SBD for it.

I don't understand, I think you are mixing multiple concepts. Can you elaborate?

i also think so that i am mixing it. i have to read this again !!! can you explain ???

The @OriginalWorks bot has determined this post by @minnowbooster to be original material and upvoted(1.5%) it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

Good post!!

This is something a benchmark MB has set now, not only for the steemit community but also for the other bot owner and now the other bot owner should trail this.

When it comes to ettiquette MB has always stood tall. In the days to come, the real author and content writer should feel more encouraged with this step.

Thanks to @reggaemuffin. This was much needed step to combat bot abuse(Particularly for the TOS).

Thanks

Thank you! We strive to be a well meaning bot and to promote real users, not abusers and botnets.And we listen to all the feedback you guys have, so keep new ideas coming :)

Good idea!

This wonderful post upvote from @mamun-net

an sich gefällt mir das gut. ich habe nur zweifel, ob die strafe gerechtfertigt ist, bei low value posts den refund zu verweigern, also einfach die kohle einzubehalten und den vote zurückzunehmen. das birgt vermutlich einiges an streitpotenzial.
dann sehe ich euer vorhaben kritisch, wenn sich inhalte von posts wiederholen. mich würde das selbst betreffen, denn ich supporte wöchentlich einen neuen steemian der deutschen community und bringe dazu einen post heraus, der inhaltlich dem der vorigen woche gleicht, nur das darin zeit und username geändert sind. meine serie nennt sich "minnow der woche" und ich wäre doch verärgert, wenn ihr dieses und ähnliche serienformate nicht mehr voten würdet. lg

Unsere TOS ist so designt, dass wir botnets unvoten können. Wir haben nicht vor, gegen normale user vorzugehen, auch wenn unsere TOS das erlaubt.

Das ist leider was wir machen müssen, da viele Botnet accounts wie normale user aussehen.

Dass wir keinen Refund bieten liegt daran dass unvoten uns kein Geld zurück gibt. Es kostet uns Geld. Was ich bisher von deinem Content gesehen habe ist ziemlich cool und du brauchst keine Sorge zu haben.

vielen dank für deine antwort, lieber @reggaemuffin. lg

Immer gerne! Am Ende sind alle unsere Änderungen darauf abgestimmt, echten Usern zu helfen. Solltest du Interesse an unserem neuen Whitelist Program haben, sprich mit mir auf Discord :)

minnowbooster is the best voting

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Thanks for share this info

Best and excellent. The best bot on Steemit.

Bots should be for the good of the community, not an easy button for money. A step like this, while not mandated or necessary, shows that the team behind minnowbooster is living up to its name.

simply no issue that will be fare enough also.

Congratulations @minnowbooster, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 32 and the total pending payments to posts in these categories was $1336.37. To see the full list of highest paid posts across all accounts categories, click here.

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thanks for sharing

Thanks!
This is going to take time to read all the links on how to use Minnowbooster services.

Hello @minnowbooster!

This is really an important announcement. Hence I'm happy to include this post in the CTR Crossword Puzzle No.-8. This post will be linked in all related CTR Crossword posts . All participants for this puzzle will land on this post to find their answers to it

Thank you for all your support and regularly sponsoring this contest!!

P.S.:

Readers of this post, if they want to participate in this contest, they have a slight edge over others as they have already read this post. All are welcome to participate and have fun.

Although personally I feel a bit sad for lower profits, but I guess this move is certainly very good as overall it benefits all users.

yeni değişiklik için teşekkürler. @minnowbooster iyi işler yapıyor..

@minnowbooster i send you 0.010 sbd 12 minit ago but steel vote are not recive plez check...

https://steemit.com/anton/@anandjadhao/anton-ishutin-kick-it-original-mix-video-edit

probably 15 min delay thing or that we do not comment.The vote came through if you check on your minnowbooster page

I sent 5 sbd to upvote the post
https://steemit.com/bitcoin/@lordoftruth/what-will-happen-after-segwit2x-fork
I did not get any upvote
You sent me back 0.044 SBD
and this message
We detected an open value of 0.085 SBD, worth 0.044 SBD in send. Steem had problems and we could not vote the full amount that our comment displays, here is the difference between what you send and what we delivered back :) Read more about all the details here: https://steemit.com/minnowbooster/@minnowbooster/minnowbooster-wrong-vote-values-the-problem-and-the-upcoming-solution

And no upvote !!
I ask you so kindly to check

you got the vote, trafalgar voted :) check the image to see who voted you

Thanks your post

minnowbooster is the best voting bot with maximim returns. Keep it up !!!!..loved it

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Great post...upvote my post..plz

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this is a great post

When I first joined steemit, I was totally confused. Now I am enjoying working here. Believe me, steemit is a huge relief from my duties as a dementia caretaker. All the best to your projects

Good. Keep it up! You are the best...

Hi @reggaemuffin, I noticed that my account voted for 3 posts that bought boosts yesterday, for a total of 1.80SBD or so.
How long does the payout take for that?
Because today I only received the SBD for my delegation to @minnowbooster

it is really a great post

Very nice post plz plz plz plz plz sir minnowbooster plz vote me

Plz plz plz sir ji vote me
I beg you, please ask me sir