Explaining rSteem Bounties
(100% of this post's final SBD reward will be added to the community buyback pool to purchase rSteem on the open market.)
Current Total (11-1-17) - rSteem Buyback Pool : 0 SBD
Bounty Posts
With some subjectivity allowed, I intend to post at least 2 bounty posts per week for the first few weeks. The bounty posts will involve the free distribution of rSteem to participants that follow the included instructions.
rSteem distributions will require that all participants have a Waves Lite Client wallet address, and that all participants provide that address in a comment on the corresponding post.
The way in which rSteem will be distributed will be entirely based on the proportional rshare value of the participants corresponding upvote. Naturally, this requires that participants upvote the post in order to be considered eligible.
The bounty amount for each post should increase over time in order to allow for a gradual ramp in distribution and activity. I expect the ramp to look like this in the near future:
- Bounty Post #1 - 10,000 rSteem
- Bounty Post #2 - 15,000 rSteem
- Bounty Post #3 - 20,000 rSteem, etc.
Again, this is subject to change, but should be appropriate for now. As a final note, I will be participating in these bounties as well, and will also be upvoting these posts.
