Announcing RobinHoodWhale, the Steemit Deep Sea Savior

in #robinhoodwhale8 years ago (edited)


Robin Hood Whale (RHW) is the community's solution to an essential problem that plagues Steemit: how to get noticed and upvoted before you have a big enough following. Right now, if you are not upvoted by a “whale” account, it is very difficult to get exposure and any substantial rewards, which leads to many great authors leaving Steemit.

Robin Hood wants to be the “whale” that finds and helps a diverse set of talented, yet unrecognized authors. The proposed way of doing this is to cycle between different authors, upvoting ~10-20 quality posts daily. RHW won't upvote the same authors twice in any 10-day period in an effort to support more people and discourage any kind of abuse or ulterior motives.

For RHW to have any meaningful impact, it must reach whale-status of SP and/or many bot followers. Yet, this is just the tip of the iceberg for this initiative. As featured authors and posts will be publicly announced periodically, we hope to inspire a movement that will lead  to authors gaining fans, following and eventually to be able to self-sustain a blog on SteemIT without the RHW help at all.

In a way, RHW's ultimate goal would be to not be needed at all. But as new enthusiastic authors join, RHW will be here to find them, help them and upvote them, growing the community and the overall quality of what you can find on Steemit.


Curators

There’s a total of 10 official curators with a waiting list of other fellow Steemians. Curators are well known SteemIT individuals that dig through the vast amount of content to find hidden gems and undervalued authors. 

We would like to keep the curators list private for the time being, so they can continue working without interruptions. 

*Curators can publicly state they are part of Robin Hood at their sole discretion.*

Curation Process

Each curator discovers interesting content, including, but not limited to, the new section, steemviz, steemd, promotional channels on Steemit.chat and robinhood-links channel.

  1. The author name is checked to ensure it’s out of the 10-day cycle  
  2. The post is digested
  3. The post is checked for plagiarism (with online tools and google)
  4. The post is checked for Image sources and/or mention of own work
  5. The images are run through online tools for reverse image search (if own work is mentioned)
  6. If everything stated above is in check the link is submitted to the curator private chat
  7. Other curators chime in if they agree or disagree and why
  8. If agreed upon the post is upvoted by RHW, mentioned in general chat and listed in the official spreadsheet

What's In It For Me?

The more we elevate varied authors the larger the economy of Steemit gets. This benefits everyone since more members will have incentive to stick around. Satisfied members invite more friends if they themselves are successful. As an investor you get a percentage of your total contribution back as Steem each month.



Who Will Control The Keys?

A multi-signature system is currently being developed to add security and reassure investors that their funds are safe. The system will require two curators to sign off on an upvote, and more team members to agree on more sensitive actions.

Currently the master key is held by @repholder, the backup master key by @kyriacos and the active key has been added to Streemian (owner - @xeroc).

Alpha Testing Results

Sample Dates : 20/08-28/08

Sample Size : 78 Unique Authors 

Average payout : $134.48

Issues Found: 2 - ID Theft/Plagiarism (which was unvoted) and a manual upvote mistake

Spreadsheet of Alpha Testing Featured Authors 

Updates for users that are censored from Google services

How Can I Take Part ?

Steemit.chat Channels

robinhood - General discussion about the Robin Hood Whale initiative 

robinhood-links - These are posts to be considered by curators of the Robin Hood Whale initiative. Post other people's work ONLY and please be sure to check if the author has already been featured in the previous 10-day cycle.



Investment in RHW

The Robin Hood Whale is accepting investments directly to @robinhoodwhale in the form of Steem, SD or direct Steem powerup.

Investor Payout – A percentage based off total investor contributions (90% for all investors)

Curator Payout - 10% of total monthly power down

Liquid Asset Funds - Liquid assets from RHW post rewards might be held back by the curator team at their sole discretion.

Cut-Off for Investments : 29 September 2016 18:00 UTC

First Investor Payout : 7 October 2016 

Investor List Spreadsheet

The Team

Chief Executive Officer / Curator  - @repholder

Chief Operations Officer / Curator - @instructor2121

Creative director / Curator - @kyriacos

Curators - An additional 7 Anonymous SteemIT Users

Sister Projects

Steemcleaners

Steemdrive

Disclaimer

Investing in robinhoodwhale (RHW) involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. The bulk of investments will be held as Steem Power.

 [Special thanks to @kyriacos for the awesome poem,logo and graphics] 

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wow this is an amazing idea

The whale herald!!! Love it... @steemdrive supports with gusto!!! :)

I did what I could, 0.250 SBD are for you mate it's all I got.

In a way, RHW's ultimate goal would be to not be needed at all.

^^Best line of the whole article. I highly support this idea and plan to send SD to the account.

yes its true indeed yes !! The robotic voting we see on Steem i truly believe is a worrying tendency, whether it be by a robot or human,s hand, same difference. No care for content just financial value !! But this will i hope change as the user base increases !!

How does one do a direct steem power up please?

Exciting news, thank you for your great dedication to this world changing project. May the force stay with you and us all, namaste :)

Popcorn!

Yesterday, I donated 1/3rd of my holding in SBD to the RHW in good faith the account would be used as explained.

A few minutes ago, the "promoted" feature was implemented, and @robinhoodwhale has sent 50 SBD to @null.

That was never part of the contract. Of course, it is now your money, do with it as you see fit, who am I to judge. But you promised to power up with it and upvote minnows.

I'm herewith giving you feedback on why I consider this relationship of trust broken for now.

As per the memo, I sent my own personal SD solely to test the new promoted content feature, while hopefully getting better exposure for the project. No RHW funds have been used other than to power up.

I routed 55 SD from my personal account @repholder to @robinhood explicitly stating in the memo of these 2 transactions one with 5 and one with 50 that they are solely to test the promoted content feature, they are excluded from any eligibility in the investment part of RHW.

@akareyon: is that lengthy wall of self-justifications your way to express that you are sorry for jumping the gun and throwing accusations?

Yes~
Thank you for the transparency and for living up to the agreement thus far!
May this continue~*~

@repholder,

your name is etched into my memory of steemit - had you not promoted my steemigration post last month in slack, I would probably never had that much SBD to give away to begin with. I firmly believe that it is thanks to you it received that much attention within less than 20 minutes. I respect you and trust you; and I hope you also know me as a reasonable, but sometimes provocative user, and I was trying to make a point.

Imagine the potential for drama that I left untapped on purpose ...!

People will watch @null/wallet closely. Steemit inherently is highly competitive and thus, self-policing. Everyone will watch what his neighbor does. People will jump to conclusions. People will not double-check, like I did, by looking at the RHW wallet as well. I know your intentions were good. But you generated a source for misunderstanding, and it was my intention to clear it up by raising it before someone else does it - and does so with accusations, flipping of tables and curses against humanity.

At that point, you probably weren't aware you could promotify RHWs account from your own (that is what I did, I tried the function with a small amount of money for another user's post that I found worthy of attention), so you funnelled your own money through the RHW wallet. It was perfectly legitimate, given the circumstances: in this case.

What I am trying to get at is this: in the "real world", you can't send a donation to a charitable institution and appropriate it for a special purpose, like giving a million Euros to the Red Cross and tell them only to buy chocolate from it; it would be mightily frowned upon, and the Red Cross would either send the money back or buy medicine and blankets anyway. And there is a reason why one is not to use money from the company's cash register to buy private groceries, "I'll put the money back": to prevent misunderstandings.

I don't know how it is elsewhere, but in my country, this would have been called "money laundering". There are even laws to keep the bookcleaning clean of precisely such occurences.

tldr: Just trying to raise some "awareness" here.

I hope it also succeded at demonstrating that misunderstanding and drama can be avoided by formulating the criticism in a certain (non-accusatory) way, giving the "accused" a fair chance to put forward his own reasoning and evidence.


For the historical record, here is the evidence for @repholder's claim:

https://steemd.com/tx/f1c4f73929d933541bdafba6141c75e1cee05e1b

"you can't send a donation to a charitable institution and appropriate it for a special purpose,"

Yes you absolutely can. By law if you say it can only be used for X, that's all the non-profit can use it for.

I just verified @repholder's claim... It looks like it checks out.

THANKS @bacchist
I never doubted the claim but it is great for the community as a whole to see this and a valuable contribution to the cause!

Yes it does, thank you, @bacchist. Please see my reply to repholder in the neighbor branch of this comment tree for the big reveal.

I just realized something..Why the hell am I on 1000 other sites when this entire platform can have a much more greater impact than any other social media site or even website at that matter. Has anybody built a site for steemit and open ledger, combining all the important funtions of each one? Just curious Thanks!

i shared two day ago a post about suggestion to add one more extra feature to steemit that was every post must be rewarded through views too. in this way some one will get something than nothing and the steemit community will become more popular and strong.
please read the post about some suggestions.
https://steemit.com/steemit/@shaheer001/some-suggestion-for-improvement-of-steemit-community-suggestion-belongs-to-extra-rewards-features-to-facilitate-the-minnows

I agree if it could at least reward unique internal traffic if they didn't to associate views from external links that'd be great.

That's gameable with sending fake traffic.

The views rewards only be inside the steemit not in any other social or blog.

So we are having Pools on steemit. Ah ah that will be interesting.

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