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RE: Boosters -- Why They Are Bad For Steem and Steemit

in #steemit7 years ago

Definitely. Transparency is a huge goal at Minnowbooster and their parent @buildteam and we are always looking for feedback on how to improve that.

Since minnowbooster is crowdfunded, most of it's earnings are actually going to all the users who invest in us and how much they earn is all visible on the blockchain in daily payment transfers with detailed memos. We plan to develop graphs that show earnings and daily payout in a parsable format (json) and in a human readable format (plots and tables) so you can see everything without having to query the blockchain. But that process is still undergoing.

We show all upvotes the bot did on our website: https://www.minnowbooster.net/upvotes and offer other features there that should improve transparency. Obviously the blockchain is the tamperproof way of verifying what our website displays.

Buildteam is doing a monthly bidding process for the BUILDTEAM token that allows everyone to invest in the team and get a share of their earnings. We use this token to pay all our team members, who work hard to provide all the services we provide. More infos on this here: https://steemit.com/cryptocurrency/@buildteam/buildteam-bidding-announce-4000-steem-up-for-grabs-in-october

This allows us to fund other development on the blockchain that is not that profitable. For example @mentionator with an accompanying safe browser addon for mentions and resteems. Storing gigabytes of mentions so users can go back in time to view them is costing us a lot and we are paying it gladly.

I am always on the lookout for other projects that need funds. Here is a list of projects where I have offered my support with a donation and the possibility for a salary in BUILDTEAM tokens:
https://steemit.com/steemdev/@armandocat/steemit-more-info-1-2-chrome-extension-firefox-extension#@reggaemuffin/re-armandocat-steemit-more-info-1-2-chrome-extension-firefox-extension-20170929t121405680z
https://steemit.com/deutsch/@quincho/steemworld-challenge-deutsche-version#@reggaemuffin/re-steemchiller-re-quincho-steemworld-challenge-deutsche-version-20170928t125550788z
https://steemit.com/deutsch/@leroy.linientreu/neues-sensationelles-steem-tool-steemworld#@reggaemuffin/re-steemchiller-re-leroylinientreu-re-leroylinientreu-neues-sensationelles-steem-tool-steemworld-20170927t102122524z
https://steemit.com/steem/@jedigeiss/steemworld-is-here-impressive-new-tool-all-informations-at-one-glance-check-it-out#@reggaemuffin/re-jedigeiss-steemworld-is-here-impressive-new-tool-all-informations-at-one-glance-check-it-out-20170927t101054266z
https://steemit.com/steem/@dehenne/lets-turn-steemit-into-a-mmorpg#@reggaemuffin/re-dehenne-lets-turn-steemit-into-a-mmorpg-20170927t103527347z

And there are way too many challenges to count that I am supporting. Also multiple community projects like @stach or https://steemit.com/nigeria/@steem-lagos/steem-lagos-workshop-1-0-taking-steemit-into-the-city#@reggaemuffin/re-steem-lagos-steem-lagos-workshop-1-0-taking-steemit-into-the-city-20171002t082010394z

I am sorry that this became such a linkdrop but just scrolling through my comments and resteems (or transfers in that regard) should show how much I am trying to support other projects with my profit.

Should you have any questions, please ask. And if you have suggestions for other projects I can support, please tell me. I still have 100 SBD I want to pump into 20 minnowbooster upgoats for worthy posts. Suggestions are welcome and I'll offer a finders fee in BUILDTEAM tokens :)

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