How Neds Delegated Power Is Used Part 1 - Steemit Business AnalysissteemCreated with Sketch.

in #stats7 years ago (edited)

Millions of vests in Steem were delegated on the 8 Aug by @Ned to 6 fellow steemains.  

@htliao, @linuslee0216, @nicolemoker, @surpassinggoogle, @sweetsssj and @tumutanzi.

But with great voting power is great responsibility, and I, like everyone else on Steemit, hope this power is used wisely.

Before we even get into the data, I had a look at each of these accounts to see if anything stands out, on why @ned would delegate ALL of his power to these 6 people.  What seems to be common is that they are all related to Africa or Asia.  And they all seem to promote Steemit a lot.

Over the next few articles I will be analysing the voting data for the 15 days before and 15 days after for each of these lucky steemains.  As this report will be fairly large I will be breaking the analysis over a number of posts.  Today we will look at the voting habits of both @htliao, @linuslee0216

High Level Overview

Pre Delegation Data

Post Delegation Data

High level Summary

In total the number of votes for the same duration has increased by 136% for @htliao and a whopping 575% by @linuslee0216.  Between these two, since delegation, the average posts per day are 174.

There has also been 137% increase in the number of Authors that have gained votes.

With all of this increased voting, it is good to see that both of these are wise with their voting power and have reduced the average power used on each vote from 61.75% to 11.11% for @htliao and from 91.94% all the way down to 14.5%

What is truly amazing is the wealth shared by these two. In 15 days nearly $24K has been received by authors on Steemit.  We can see from the pre delegation chart, in the 15 days previous to the delegation this was just $1K.

Detailed Analysis

Below are a number of charts showing pre and post delegation analysis of votes by daily Value, Unique Authors, Voting Network, Author by total $ paid via votes.

Pre Delegation Daily Votes Value $

   

Post Delegation Daily Votes Value $

 

Pre Delegation Unique Authors

Post Delegation Unique Authors

Pre Delegation Network Chart

Post Delegation Network Chart

Pre Delegation Author by highest rewards linuslee0216

Post Delegation Author by highest rewards linuslee0216

Pre Delegation Author by highest rewards htliao

Post Delegation Author by highest rewards htliao


What data or chart here interests you most and why?  Comment below

In the next article we will look in detail at the voting habits of @nicolemoker, @surpassinggoogle

You can access it here https://steemit.com/stats/@paulag/how-neds-delegated-power-is-used-part-2-steemit-business-intelligence

I am part of a Steemit Business Intelligence community.  We all post under the tag #BIsteemit

If you have an analysis you would like carried out on Steemit data, please do contact me or any of the #bisteemit team and we will do our best to help you...

Want to join #bisteemit :  https://sbcautoinvite.herokuapp.com


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Nice! can I translate this into Chinese and share it among the #cn ?

Yes sure you can, thank you for taking the time to actually ask me :-)

Thanks.. You are very kind. Please see the translation: https://steemit.com/cn/@justyy/ned-sp-steemit-part-1

Also, could I translate the part two? not today but maybe some other day when I have more time.
Cheers.

Sure you can, there will also be a part 3 and 4

Great analysis and info. Thanks for that @paulag.

Thank you @htliao for your appreciation

You are welcome :)

Looks like @ned has his priorities right. The next wave of Steemit adoption will come from these regions and also Steemit can have a lot of positive effect on people from these regions. Ned has a good foresight and let us hope that this pays off well like other initiatives of his.

Let us hope that this solves the Steemit's content discovery problem before the next hardfork addresses this serious issues and fixes it once and for all.

I think what ned did was awesome

Yes, and it blows much of the rumours and conspiracy theories that have abounded on Steemit. This is why I very much appreciate your hard work Paula. You give us insights backed up with numbers.

Super interesting, thanks so much for doing this, I'm a need to know all the things person so this is very satisfying to me. :)

Thanks for sharing. much love. <3

you are most welcome

As always, superb BI. thanks for this update!

you are most welcome

It is very positive to see that these accounts have increased the number of people they are voting for, spreading the rewards wider.

yes it is indeed

I'm too late for the contest, but I will still post whatever I have :)

yes please do

very well put toghether and good that you split them up, it would be to much indeed otherwise
you are really turning out to be my go to stat wizard(ess)
thanks for all the amazing data
how much time are these posts taking you?

heheh a lot more time than I should. I think the longest one took me over 6 hours

well then you have definitely earned my 0.001 upvote :-)

Impressive article and good analysis! I hope I can build my reputation here too,because Steemit is unique and incredible tool for branding!

I love seeing my rep score increase

So important resteemed this one. Thanks @paulag

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