The Steemit Board
When I first saw the Steemitboard I thought of it as a nice pice of gamification. You can see all those cool awards you can get:
What I did not know is that these awards are not the important part. Yesterday I found an article titled “8 Reasons Why Being a Steemit Plankton Sucks” and at the end I found the following table:
Logo | Level | Your SP in VESTS |
Plankton | 0 to 999'999 VESTS | |
Minnow | 1'000'000 to 9'999'999 VESTS | |
Dolphin | 10'000'000 to 99'999'999 VESTS | |
Ocra | 100'000'000 to 999'999'999 VESTS | |
Whale | more than 1'000'000'000 VESTS |
And suddenly it dawned me. The truly important part is the fish on the top and the number underneath:
The number underneath your is your VEST you true level on Steemit and the decisive factor on how much your upvotes are worth. Your VEST is connected to your Steem-Power via the a variable called steem per mvests which you find on Steamd.
The formula is:
Steeem per mvest is (at the time of writing) at 488.304. From this you can calculate that to get into the Minnow group you would need ≈2048 Steam-Power. One year ago Steem was at 17 cent so that would have been ≈$350. Steep but doable.
But with Steem and Steam-Power currently at $5,88 that would equate to ≈$12'000. And for each new level you need to a add a 0 to that number. I am not sure that this is a realistic requirement. I bought a litte Steam-Power to boost my account and now I see that this was a mistake. I can never afford enough Steam-Power so it would make a difference to my account. I guess I just stay Plankton forever.
I begin to wonder if the huge success cryptocurrencies had last year will become a real problem as using the coin for anything becomes to expensive ti do anything with it but investment and trading. Not just for Steem — Bitcoin transaction fees anyone 😉. But coins need to useful to have value.
Thanks for this! I used refer to myself as a minnow cause I thought it was the lowest, turns out I'm still a plankton
Not necessarily. You can gain Steem through curation and regular posting but the real trick is creating networks with people.
I don't think a Plankton can gain Steem by curation any more. When I started my votes counted for $0.01 but was usually rounded down to $0.00 on day 7. Which means that not even the author got any reward.
Now my votes won't even register for that. If i make an upvote an a new posting the value stays as $0.00. Neither I not the author gain anything from my upvote. Now it takes two plankton upvotes to register as $0.01.
And just this moment an evil thought crossed my mind: An upvote temporarily reduces my Steem-Power by 2%. Should Planktons upvote at all? Or is more effective for a Plankton not to upvote at all so Steem-Power stays at 100% all the time for the author reward. For the one in ten posting which get an author reward that is.
I've delegated 5 SP to you. Hope that helps you build up some Steem!
Thanks. I'll put it to good use by up-voting good content.
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