Smartsteem - Investing Smartly - A State Of The DApps Task Review
It has been quite amazing to witness first hand all the improvements the #Steem blockchain has reached so far. Not only it has remarkably advanced in software and usage but it has grown and established itself as a solid community to be part with as well, being the latter the most important upgrade in my humble opinion for the success of Steemit surely depend on us and how we act collectively. Reason enough to support and to give our take to emerging projects and DApps among the steemit ecosystem and cryptocurrencies overall.
Among the myriad of DApps you can find on the State Of DApps , there is one I would like to focus my lines on for many reasons: one of them is that it is on the #Steem blockchain another is because it's a great service so let us not wait any more precious time and let's find out together all the pros this DApp has to offer.
If you are interested in Steem and finances, there is one DApp which is definitely worth checking out. Enter Smartsteem , a promotion and investment service that provides Steemit users a new edge when it comes to building up one's blog and original content. Users can also invest and earn Steem passively so basically you have one side that is investing in promoting their original content and other side that is investing short, mid, or long term to get passive income, giving clients a reliable service.
Smartsteem is currently ranked 7th among finance DApps and 1st among Steem finance services, it's also ranked 59th overall which clearly speaks volume about this service and its reliability.
In order to get to Smartsteem, the first thing to do is visiting their website https://smartsteem.com/ then click on the top right corner where it says "Login", having a steemit account is mandatory.
Then you must authorize the app to confirm your identity, users can do this via Steemconnect as you can observe in the image below.
Once in, clients can choose between promoting their posts or investing steempower. Notice that you can observe live how much income it's avaliable when promoting or how much steem one can get when delegating power, this feature is very useful and straigthforward; This is certainly what most users look in a DApp, Simplicity!
The dashboard is pretty much self explanatory, there you can overview a lot things such as your balance, investment, revenue, bought and sold promotion. The interface is very friendly and easy to use.
On the "promote" option you can buy or bid for votes. In order to do so you just have to add your steemit's post link in the required field, choose how much you want invest, and buy or bid for votes through steemconnect. There are some features to note, too, such as voting strength, available votes, and detailed payouts in case of buying, or how much available time you have in case of bidding for votes. The minimum to invest for voting or bidding is 1 Sbd or Steem.
There is a difference between buying and bidding though. When a user buys the ROI is fixed, and when they bid ROI changes depending on the bidding.
If you are an investor that just wants to earn Steem passively, you can sell or delegate your steempower as well. There is a revenue calculator for both instances yet it has its differences. When users sell the rewards are received on daily basis (85% of revenue) plus you keep steempower at your disposal, on the other hand, when a user delegates the revenue is 100% but you can't use the delegated steempower to vote for other posts. There is an interesting feature: users can restrict their vote to only whitelisted users.
Another awesome feature Smartsteem provides is that clients can buy Steemmonsters cards through its service. If you do this, you will earn 1% of loyalty rewards. Amazing, isn't it?
Make no mistake. Smartsteem is a great service for investors who want to take their blogs to the next level. It also provides a great opportunity to earn Steem passively. The site is quite easy to use, everything is almost self-explanatory. They also have a blacklist and a whitelist; This is interesting because it prevents voting abuse and guarantees or at least incentivizes investors to support good and original content. I'm trying not to be biased yet what can a man who finds a neat service do? That's why I'm giving Smartsteem a 4.5 out of 5 Stars.
All the images on this post are owned by https://www.stateofthedapps.com and https://smartsteem.com no copyright intended.
There is a lot of info here. I will have to read the complete post later.
good job!