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Vlog 399: Steemhunt drops a bombshell. A possible better return on investment than bid-bots can offer on delegated Steem.

exyle@exyle (80)2707d

Bid-bots business model is to give passive investors the best return on investment possible in STEEM.

This is the reason why so many investors delegate to them. You passively get a 15-18% return and that's it, you don't have to do anything else.

I have always said that to compete with bid-bots, projects on the Steem Blockchain will need to find a way to offer a better return than bid-bots.

Investors will chase the better return and will simply delegate from bid-bots to these new projects.

But this is a lot easier SAID than DONE.

Yet it appears Steemhunt has found a way and it will all start from the 8th of April. Here.

I talk about it more in my blog.

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Comments · 27

  • @alexvanaken(68)· 2704d

    I'm confused, this is beyond the share of the beneficiary rewards?

  • @littergirl(24)· 2705d

    hi

  • @sergiomendes(77)· 2705d

    Man I'm such a noob. I really need an advice. I was thinking about delegating 5k SP to some project. I know it is not a lot so probably no matter the project I will be delegating this amount the return will not be amazing... What would be your advice??? Do it? Keep holding it? Delegate to a project that I want to support just because?? Would really love some advice 👍😉

    Posted using Partiko Android

  • @shaidon(71)· 2705d

    I have removed my delegation to them over a dispute over a legitimate hunt that they chose to de-list. Their arguments for doing so were rather weak, even though I was well within their rules. While I am glad that they are doing what you mentioned in your blog, I am reluctant to endorse them again after such a bad experience.

  • @eddiespino(80)· 2706d

    Very exciting news! I'm glad that someone finally found a way to take power away from bid bots. I am also excited because I have more then 14,000 SteemHunt Tokens. I worked very hard on that dapp from September to the beginning of this year.

  • @arcange(79)· 2706d

    Congratulations @exyle! Your post was mentioned in the Steem Hit Parade in the following category:

    • Pending payout - Ranked 8 with $ 90,92
  • @shanghaipreneur(72)· 2706d

    What exchange is HUNT on?

    Posted using Partiko iOS

  • @mihirbarot(58)· 2707d

    It's like a good thing is going on with good project and such a good project like STEEM Hunt is able to achieve it. And sure they will attrected a new passive investor on this platform .

    Posted using Partiko Android

  • @slobberchops(82)· 2707d

    If this is true then the blogging aspect becomes less relevant unless you are a hard core old style person. I have seen several large holders recently have a diluted vote due to delegations that show a return.

    How long is all this what are are doing now going to last? I used SH ages ago and had a look at my wallet.. I do have a few..

  • @jay1234(25)· 2707d

    to good

  • @dmilliz(73)· 2707d

    Yup after watching the interview with @project7 by @cryptospa I instantly delegated to them. Steemhunt is paving a new path.

    Posted using Partiko iOS

  • @blazing(71)· 2707d

    the dapps team are coming with interesting ideas this will be great for investors and the development all around

  • @newageinv(74)· 2707d

    Totally agree with you and the great thing is that the projects like Steemhunt are adding more value tot he ecosystem as they attract outside communities to join while others are more internally focused for promotions. I think this will bring a great balance and lead for others to do the same down the road.

    Posted using Partiko iOS

  • @teamhumble(74)· 2707d

    i'm so glad you GET it ;) -- that's why i went in on this at the start. i can't wait to record a video about this at some point. so much legacy/history about the platform ;)

  • @diogosantos(62)· 2707d

    Bring it on, I´m quite bored of bidding bots, I never hated them, but I just don´t use them anymore... So this would allow a better ROI and probably grab my interest.

  • @cryptoandcoffee(85)· 2707d

    Hi exyle. totally agree with you and more people should start paying attention to what is actually happening around them. Steemhunt is quietly going about their business and are doing rather well. They have created huge awareness for themselves and Steem with their IEO which is a win win for all of us on here.

  • @chesatochi(73)· 2707d

    It is a good experiment to see in action if people will switch their delegation toward Steem Hunt in the near future. Also, we can feel your passion and excitement in your body language. ;)

  • @steem-plus(74)· 2707d

    Hi, @exyle!

    You just got a 16.51% upvote from SteemPlus! To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn. If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

  • @kus-knee(74)· 2707d

    Super cool to follow these developments.

    Another cool thing:

    Your video wouldn’t work with Steemit.com so I switched to Steempeak.com and not only did it work great but I can watch the video in the preview page of my feed!

    No need to even open the page completely!

  • @partiko(66)· 2707d

    Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!

  • @ajorundon(63)· 2707d

    Maybe both will be strive together on the platform

  • @cardboard(65)· 2707d

    20%, pretty nice but as someone pointed out, part of it will be in HUNT tokens so a lot depend it`s price.

  • @themonetaryfew(58)· 2707d

    A feather on your cap, hunter!

  • @flipstar(72)· 2707d

    there is the still the 9% a year for powered up steem on top right?

  • @ddaily(63)· 2707d

    Hey @exyle, this is an amazing post with a lot of

    • inspiration
    • motivation and
    • creativity in it!

    You have been curated by the @ddaily curation team and we are grateful that you shared your work with us.

    If you want to know more about the @ddaily family - then please check out our channel and do not hesitate to connect with us via discord. You can find the link at the botton of every post of us!

    THE POWER IS IN THE PEOPLE!

    image.png

  • @marki99(62)· 2707d

    Their way of rewarding investors relies on paying with their tokens. But if investors want a real return and will cash out the HUNT tokens, it will lower the price, reducing the ROI. It's a vicious cycle, not so sure about it.

  • @jongolson(82)· 2707d

    this is one of those dapps on steem that i’ve been completely ignorant about. i see how much excitement is surrounding it but i just can’t wrap my head around it.

    it’s amazing what they have accomplished tho and i think their such an awesome success story because they focused on their community and delivering an exceptional product.

    now that your got me interested in it, i have to do my homework on it lol thanks for the update on it man. appreciate the heads up.

    Posted using Partiko iOS