Scaling the Utopian Bot : A Look Into Graphics - Blockchain Business Intelligence by eastmael

This is the third installment for a proposed change in the Utopian bot in due consideration of its direction. This is a multi-post project with the aim of analyzing each of the Utopian categories to get their voting range and compare these values with existing services. Whether to use one bot per category or one account per project, project owners can use values gathered in these analyses in deciding how much to reward contributions to their projects.

In the previous analysis, we looked into developments. We skipped tutorials due to a perceived difficulty in getting quotations for such services. In this analysis, this author looked into graphics.

So far, here were the sections covered:

1. Scaling the Utopian Bot - The Suggestion
2. A Look Into Translations
3. A Look Into Developments
4. A Look Into Graphics - this contribution

Outline

1. Scope of Analysis
2. Utopian Growth Check
3. Total Rewards Per Category
4. A Look Into Graphics
5. Comparing with Existing Services
6. Total Required Steem Power
7. Conclusion

1. Scope of Analysis

• Contributions were acquired on Dec. 18, 2017 0020H UTC.
• Data extracted was from 2017-09-28 1539H UTC to 2017-12-17 2341H UTC.
• Down-votes were excluded.
• Up-votes on comments were excluded.

2. Utopian Growth Check

As predicted in the previous analysis, contributions have surpassed the value for November.

The contributions (still 107 contributions behind November) is the number of contributions per month. Since we're still in mid-December, we can expect this number to increase.

However, this author was not expecting it to surpass its values for authors and projects this soon.

To be consistent with previous analyses, let's look at this by day.

It has voted for 223 contributions on the previous round.

3. Total Rewards Per Category

An interesting development - graphics surpassed tutorials and development to become the second most rewarded category. It's been rewarded more than $22K. This got undetected in this author's radar.

By Contribution Count	By Reward Value

4. A Look Into Graphics

The maximum total rewards it had given was on December 16 with around $1850.

Contributions in this category were given an average of $31 per contribution, with a minimum vote of $2 and a maximum of $141.

Again, which graphics deserve $2 and which deserve $141?

These were the dates it had given these rewards:

• Minimum: October 23
• Maximum: November 11

$2	$141

Let's look at the frequency of votes per reward value.

In line with its average, most of the time, it rewards its contributions by $30.

Let's consider only the top 5 vote rewards for the Utopian-graphics bot's SP:

The maximum reward in this table is $80. But it has only given this 6 times. To be consistent with the previous analyses, this author will choose the maximum ($80) from this table. Using steemnow's upvote calculator, the SP that will give us this vote value is around 450K SP.

$50	$80

5. Comparing with Existing Services

This author searched for graphics designers rates and found this source:

$20 to $150 an hour, with an average rate around $45 per hour. However, designers don’t always bill hourly; it’s also common for a designer to set a fixed price for the work, based on their understanding of your project requirements.

This author also looked at other sources:

Some freelance graphic designers charge more than $300 an hour (although $75 to $150 an hour is much more common, and there are those, at the low end, that charge $25 to $50 an hour)

And how much a logo design costs:

One should expect a simple logo design to cost approximately $200.

6. Required Steem Power

So far, these were the SPs identified to be allocated to the different bots:

Bot	Proposed SP Delegation	Vote Value
Translation	300K	$50
Development	400K	$70
Graphics	450K	$80
Total	1.15M	$200

7. Conclusion

This analysis aimed to identify the vote value of a theoretical Utopian Graphics bot. We've identified that most graphics contributions are rewarded $30. We've also identified that graphics designers usually charge an average of $45 an hour, with logo projects starting from $200.

For the bot to be able to up-vote with a $80 to at least cover for the hourly rate, the bot needs a delegation of around 450K SP.

Tools Used

• SteemSQL by @arcange
• Node.js and npm to extract the data
• Power BI and Excel to generate the charts

Source Code

Codes used to extract data for this analysis are available in Github:
https://github.com/eastmaels/biutopian

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Posted on Utopian.io - Rewarding Open Source Contributors

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