We at the OCD curation project have for a long time been striving to look for underrated authors who write quality content, a task that is not easy because a lot of new authors that come to the platform and write have a hard time connecting with other users and receiving visibility. We are all also aware of curation not being as incentivized as posting and that's why we used posting rewards to reward our curators for the hard work they go through finding these authors.
With the linear curve the platform was introduced to bid bots as a way of advertising their content to the readers, although we over time came to the acceptance of these services, we didn't appreciate the middleman fees the owners were taking on a blockchain that is supposed to eliminate middlemen. Although the OCD bot (OCDB) won't be targeted to authors wanting to buy as much visibility as possible, we want to improve on the fee aspect and we think that competition in that scene will be healthy for the platform.
What will OCDB offer to delegators
By delegating to @ocdb you will be assured that all buys in limited amounts will go toward authors who have already proven themselves to write quality, original content for the Steem platform. The whitelist consists of over 2700 handpicked authors and will be growing organically through the usual @ocd curation activity.
The profit margin that went to the owners of the bid bots, such as curation rewards and part of the buys (SBD) will now instead go partly to the whitelisted buyers. There will be supervision of all posts that purchase votes from the curation team and community, with abuse facing consequences.
OCDB is completely non-profit!
You can delegate to us through the website by logging in with Steemconnect, where you can also choose if you wish to donate a percentage of your curation rewards or purchases or just directly delegate to the account @ocdb and you will receive all purchases daily and curation rewards on a weekly basis.
As a delegator you will be able to see your returns in real time at https://thegoodwhales.io/delegators.html
What will OCDB offer to buyers
Being in the whitelist allows you to purchase a vote for max 2.5 sbd (currently) and get a guaranteed return of 150% minus curation (~25%).
Rules for buyers
This will follow the rules of why we curated you in the first place through @ocd. You can only purchase votes for original content that you have created.
Abuse will be warned at first, the vote will be removed and you will receive your amount of SBD back. The second time your vote will be removed and you will also be removed from the whitelist and not be welcomed back.
How the bot operates
The bot has a queue system which can also be found on our website here.
It will vote once every 100%, the max bids will increase or decrease depending on demand and delegation. The more demand there is the smaller the buy amount for each author, the more delegation the higher buy amount for each author. Currently each unique author can buy a vote once every 24h. This is something that will be constantly adjusted over time.
As you can see by the queue right now, @ocdb is already very popular even in its testing phase.
This bid bot will go hand in hand with our usual curation initiative. The only way to get onto the whitelist will be by being curated by @ocd for providing quality and original content to the platform.
This bot is created to help with distribution of stake for authors that truly write quality content. OCD has for over a year spent a lot of time helping distribute stake to deserving authors, OCDB will reinforce that and make this platform stronger for both holders of Steem Power and their Return of Investment as well as aid distribution that increases DPoS stablility.
Incentivize quality content even more by curating and increasing ROI of posts that have bought @ocdb votes daily.
Bear in mind that this bot is still in beta and if issues occur you are welcomed to report them to us in our discord. Having said that;
The OCD Discord channel is going public and everyone is welcome to join!
We are taking our Discord channel public and allowing everyone to join, there you can ask questions from our curators and myself about @ocd curation, about @ocdb and about @ocd account creations as well. More info on the latter and more news from @ocd and small changes in how it will continue to operate in another post.
Join the Discord Server by clicking this link
If you appreciate what OCD has done in the past and will continue to do for the Steem blockchain in the future, consider voting for our witness @ocd-witness currently ranked #51 here: https://steemit.com/~witnesses or by approving us through this Steemconnect link
Thank you for reading!
If you have any questions feel free to ask them here or on our Discord server! :)
OCDB is a fork from the bid bot of @yabapmatt, credit goes to him! The fork was updated and is maintained by @jga, thank you for the great work!