Why Blockdeals isn't just another Steem App
Well, with 2 months of work behind us developing Blockdeals.org all we have to show for our fundraising efforts is a few thousand delegated SP. And quite frankly it hurts.
And we're constantly questioning ourselves, 'Are we really making something here that'll change the STEEM landscape?'
Of course, we are.
And the real problem with the delegation drought, is people think they'll make more money hoarding their SP, self voting or selling it to bots, where they hope to maximise their curation rewards.
But in reality it'll be a lot easier to make 10x your money by delegating your Steem Power into the Steem Projects that are actively looking to spread STEEM to the masses.
How much are you really making through curation rewards?
25% max, 10 times a day if you sell it to a bot (less commissions and the fact you can't guarantee being the front runner)
At best you'll be making a few dollars a day from those curation rewards.
So given 10000 SP is currently worth approx. $35600 it'll take many years to even double your money without any market price fluctuations.
But what if there was a better way...
A Better Way to Double your Money
Recently @ned made a bold statement at the GOPAX Meetup about how there were over 350 applications on the Steem Blockchain, but what he neglected to mention was these applications are mainly tools and interfaces competing for the same market share.
Now it's great to have choices but...
The majority of these Steem Applications are inward facing and are tools for Steem users and the Steem Community.
What really changes the needle on Market Price, is real world adoption.
Or read about them in your local/national paper, or even saw them featured in the news or even at the very least on a crypto news site?
Rarely or Never?
Until now we have be relying on word of mouth to get the Steem message out there into the wider community and it's not working.
But what if instead of trying to double your money via curation rewards you delegated some of that SP into projects that could move the market price needle?
What if all these projects really needed was a spark, to set the wheels in motion?
Help us to help you
In reality Blockdeals.org could already be impacting the deals landscape if we had already raised the delegations we naively thought were on offer for decent Steem App Ideas.
@MisterDelegation wasn't what we expected, and delegations have all but dried up thanks largely to the uncertainty around SMT's and a crazy explosion in voting bots.
So development progress has slowed, and realistically, we won't have anything to show the world without a reasonable delegation to support the expected growth in the community.
A million views per month on BlockDeals.org is still our goal and is possible given the vastness of the deals and bargains community worldwide.
That's 1 million more eyeballs learning about Steem every month and even if a fraction of them sign-up to earn rewards on our site that's still a whole lot of Steem exposure that money can't buy.
However, delegated Steem could buy us that exposure.
As with a decent SP delegation we can reward people for their interactions with the Steem Blockchain and the money we raise from the small 10% benefactor fee will be used for direct marketing campaigns to increase the awareness of our Steem platform.
Yes, real advertising for the Steem Blockchain.
And we're talking about YouTube, Facebook, Google Ads, or anywhere there is underpriced attention online.
These companies might be banning the advertising of cryptocurrencies, but they can’t stop us from advertising a deals and bargain hunting website.
Plus, we'll try to get some free exposure, by creating a buzz in the media and associated crypto news outlets.
And more exposure means more buzz around Steem which as history shows is enough to move the market price needle. It could be the quickest way to double your investment in Steem and best of all we're doing all the work.
But sadly we can't do this without Delegated SP and we can't wait for SMT's to be released or we could miss our opportunity.
So please consider delegating to this project and fuel our belief in this community and the vision it has of being one of the Top 10 Digital Currencies of the future.
We believe in Steem, we just need you to believe in us.
Please consider delegating any amount of SP so we can grow Blockdeals.org into something great!
Learn more about Blockdeals in our Introductory Post.