#esteem

ESTM mining, use cases and investment opportunities

We at eSteem, try to find balance between creating a sense of scarcity for ESTM, while still ensuring that a large amount does not accumulate into a very small number of users. Mining on eSteem app is based on what we call Proof of presence and Proof of action, which means no battery drain, no CPU/GPU mining, no data mining. It is lightest mining ever and perhaps one of the first one that allows you to mine on mobile devices. And we are determined to make mobile mining fun!

We want to make sure our users earn more ESTM as they make contributions to the growth of network.

eSteem’s goal is to build an economic model that is sophisticated enough to achieve and balance these priorities while remaining agile. We want to align incentives so that these tokens will be used and invested, circulated with products and services on eSteem platform.

Total supply fixed: 1,000,000,000

Mining allocation: 65%
Incentive, referral, bounty programs: 15%
In-app purchases: 10%
Reserve: 5%
Team allocation: 5%

Distribution will depend on market price of ESTM as well as to logarithmically decreasing function. Meaning, early users earn more. As more users mine distribution slows down reaching to total supply.

How to mine ESTM?

Using eSteem apps (Mobile, Surfer) for posting, commenting, consistently using, voting, reblogging you are already mining ESTM points. We have few more ideas on how to reward our engaging and loyal users. By default eSteem tokens are unclaimed, you have to claim ESTM rewards just like you claim Steem rewards. Simple daily usage mines you ESTM, while you continue enjoying your Steem and social experience.

How to use ESTM?

We have prepared a new release which we will roll out in phases. Surfer has been released recently with few use cases and coming days update will be offered to Mobile users. In this new release, you are able to gift your ESTM to any user, promote your post with ESTM within app (post will show across all feeds on eSteem and give your content more visibility), use ESTM to boost your post via upvote (only posts made via eSteem apps are eligible for boosting, if post doesn't meet quality control ESTM is refunded back to user), get delegation for ESTM (you will be able to exchange your ESTM to Steem Power delegation). More use cases, we will roll out as we iterate changes. We have some exciting ideas and I am sure you will love it.

When user redeems/uses token, it will be transfered to temporary treasury account which is then distributed back to active miners, that way max supply will be circulated. All ESTM operations are recorded on Steem blockchain. When user holds token, they will have special advantages that can unlock certain feature, earn passive income, opens gate to increase influence within platform, more details we will announce at a later dates.

How to invest in eSteem?

Our primary goal as mentioned, is to increase demand and balance usage of ESTM token. ESTM points are the ticket for ESTM SMT token. Only way to invest ESTM right now (other than using app), is to delegate to @esteemapp. By delegating any amount, you will receive ESTM tokens daily (10k SP ~ 100 ESTM daily). We are working on in-app purchase, allows anyone to purchase ESTM with their local currency on eSteem mobile, upcoming release will have initial implementation of this.

We have plans on doing IEO to further distribute ESTM and support future development. Already in touch with few reputable exchanges.

With a launch of SMT, everyone will have ability to swap ESTM points to tradable ESTM tokens. If you are private investor want to purchase ESTM tokens, reach out to us at info@esteem.app or write in our Discord channel, we will be happy to share more details.

Delegate Steem Power and mine ESTM Token daily, be early investor: 500 SP |1000 SP |5000 SP |10K SP |20K SP |50K SP |100K SP

Roadmap

Short to long term roadmap:

v2.2.0 release Surfer, desktop application ✅
v2.2.0 release of Mobile, iOS and Android application
v2 release of Homepage with minimalist style webapp
Detailed whitepaper draft
On-boarding outreach, referral system
Communities
Steem Engine token integration (depends on smt release)
Multi-wallet
Exchange tokens
P2P market
Merchant/businesses onboarding

Roadmap presented here is rough goals, vision

Download eSteem today

PlayStore - Android	AppStore - iOS

Windows, Mac, Linux

eSteem Footer Line

info@esteem.app 🌐eSteem.app | 👨‍💻GitHub | 📺YouTube ✍🏻 Telegram | 💬Discord

Comments · 93

@lisandrawill(25)· 788d
Amzing post!🙏🏻🙌🏼🌊
@treepi(65)· 2534d
@esteemapp @good-karma

I've been trying to use the post boost feature on the esteem app but it doesn't seem to be working. I have 2.6k estm tokens and when I try to boost a post nothing happens. It takes me to the steemconnect page and sends a transaction through, but all my tokens are still there and I haven't received any boost.

Am I doing something wrong or is this a bug?

eSteem Android App on Google Pixel 2XL running Android 10.
@guruvaj(67)· 2553d
Just used again esteemapp, the letters are too small. Hope next version can make letters icons can be bigger.
@trex1443(51)· 2554d
thank you
@sathyasankar(65)· 2554d
It is great to see ESTM tokens being distributed jus for simply using the app. Mining has never been this simple!
@oluwatobiloba(72)· 2554d
What you are doing is very great and I applaud the team....Keep soaring
@rocksg(70)· 2554d
Yesterday I used ESTM points to boost my post but it refunded back my points and didn't boost it. May I know the reason behind it?
@hermannsol(65)· 2554d
This is simply awesome.. Great work guys. I always knew esteem will do something great with the points
@juvyjabian(72)· 2554d
Why it say esteem app is not available in my country? I have used it before but now I could not access it. Im from Philippines.
@ayjoe(57)· 2555d
🆒
@leoumesh(73)· 2555d
Install new one and it seems a lot better than the previous one in termso fits usability feature
@oluwatobiloba(72)· 2555d
Thanks for sharing this amazing information.
@enjoykarma(60)· 2556d
..yeesss,done...Not so easy for a newbie like me...a lot of stuff to learn before use... RESPECT, Guys!!...you are doing an extraordinary great Job!!!..thank you for this!...Up.. follow you anyway...
@vivek123(33)· 2557d
This is exciting news for all beginners who make only dust or nothing for posts, atleast they get rewarded as estm. It would be wonderful to really be able to promote posts using estm that accumulate over time.
@joseph230(59)· 2558d
Good news! Thank you
@alexvanaken(68)· 2558d
@good-karma is there a way to downvote in esteem surfer?

Obviously I don't want to downvote this post, just want to take advantage of the new downvote mana pool on some other posts.
@weedcash.rewards(61)· 2558d
Love this! Thanks!
@deepu7(72)· 2559d
Downloaded the new version. It is completely new look and working smoothly.
@eastmael(69)· 2559d
Thank you for coming with these ideas. It's been a long time since I last used eSteem. You guys have come a long way. Congrats on the progress!
@jekhy(7)· 2560d
Thanks for the post.
@alexvanaken(68)· 2560d
I think the ESTM token system is great! Will really help lots of content creators once HF21 is in effect and most of us are earning less. Boost will really come in handy!
@kingscrown(82)· 2561d
great idea to get people to use the apps
@yonny(61)· 2562d
Its kinda fun earning ESTM and I dont even care to look at its value. I just like to collect them 💪😊👍
@ankarlie(64)· 2563d
I just love the desktop application. I have tested it on an old core2duo computer running linux and I must say impressive!
@c21c(65)· 2563d
Every can get profits😍 I can’t breathe😱

Posted using Partiko iOS
@cicisaja(65)· 2563d
Great job! Wondering what the small SP user could get..tge bigger your SP and to delegate, then the more ESTM to earn. I just use esteem mobile because I get used to it. I'll keep the points for sometimes till I see something needed to be done to help others with it after the HF21... Good Luck everyone!
@steemgroup2(54)· 2563d
Dear friend that's very good system and delegate system. Everyday I use steam app. But I have not enough steam power to delegate.future I will try to give my steam power on your account.

Thanks a lot for sharing your useful post

Posted using Partiko Android
@cranium(76)· 2564d
Probably the time has come to return to eSteem
@blogiwank(59)· 2564d
This is my first time to try eSteem app. My first impression: The function looks familiar for me, similar to Steemit. But the text and pic display is not so smooth and clean. I hope I will enjoy this one. Good luck eSteem.
@anon2u(26)· 2564d
Is using an app really mining?
@cardboard(65)· 2564d
I really like the use cases here, especially the promotion part (show your post across many feeds). Good job!
@cageon360(56)· 2564d
Excellent project, I hope to participate, and continue growing.
@martthesquire(59)· 2564d
Good! Finding my way around here, just downloaded the mobile app and learning how it works.
@seckorama(78)· 2564d
This sounds really good :) Keep going!
@tonmoyislam(3)· 2564d
It is good news.
@arcange(79)· 2564d
Congratulations @esteemapp! Your post was mentioned in the Steem Hit Parade in the following categories:
- Upvotes - Ranked 8 with 1353 upvotes
- Comments - Ranked 1 with 101 comments
- Pending payout - Ranked 2 with $ 179,74
@anthonyadavisii(73)· 2564d

well this sounds like a dilemma to me

Guess, I'll give it a shot to compare the incentive of mining ESTM vs Partiko Points

I used to use @esteem a lot back when the trail votes where there but didn't seem like I was getting curated after a while.

Then entered Partiko Points but I have a few areas to be desired with their app. They seem to not really support downvotes which are necessary to moderate our ecosystem / regulate reward pool allocation. It took a while of bugging them and probably a few others before the functionality to DV was added. Still yet, they don't notify of incoming downvotes which I find peculiar.

I have not played around or explored @Esteem notifications but it does have a tendency to freeze on my Android device. I also have to ask if the 5% beneficiary rewards is still a thing.

If so, that's ok as long as there is good curation (votes) to offset. I'll give it a try and maybe use this meme on a main post.

Hope my feedback is helpful. Take care now

_{btw @good-karma, you ever consider supporting SteemFlagRewards to help moderate the esteem platform? We would be happy to help and add you to our support list if you decide to cross that bridge.}
@adelepazani(79)· 2564d
you are awesome, i wish it could be possible to open a new tab in esteem windows , it would be great and make works easier
@kamchore(71)· 2564d
After reading your post I downloaded the surfer new version it's working great. I don't have SP for delegation but I would love to earn by sharing contents through surfer and esteem android app. Nice initiative all the best @esteemapp
@chegbe(48)· 2564d
The network project and strategy is not complicated, it's simple and profit promising. I am interested in delegating. @esteemapp, How do I delegate without the app?
@shinersfamily(61)· 2564d
I am going to download it

Posted using Partiko Android
@jamesabigail(26)· 2565d
Good opportunities!!
@johnjohny(59)· 2565d
What is the respected value of ESTM ?
@dannymens(51)· 2565d
This is awesome

Posted using Partiko Android
@li-art(67)· 2565d
It's awesome . Resteemed ❤
@alokkumar121(82)· 2565d
I am impressed with your amazing roadmap as you have planned it nicely and for a long term. I watched recently interview of @good-karma and liked his plans with esteem. I am using V2 on phone and 2.2 on surfer. You are the only who gave user option to use app on laptop and app is so good. In this post you mentioned about ESTM delegation and I will try it soon. Such a nice post which deserves more audience. Resteemed it. Thanks
@shadonchandra(68)· 2565d
Great news to read and will feel exited to esteem app and surfer..

Posted using Partiko Android
@natha93(59)· 2565d
Das sind tolle Neuigkeiten, sowas liest man gerne! Großartige App, benutze sie täglich und liebe Sie 😊🥰
@mksmmi(28)· 2565d
Downloading have to try 😍😍
@ronel(61)· 2565d
This post has been resteemed! Good luck!
@chris94(57)· 2565d
I'm new to Steemit, will they have a link that takes me directly to download the application? It looks like it has many benefits: 3
@institutdpos(53)· 2565d
Congratulation @good-karma and @esteemapp team for updating the community. The ESTM mining design looks promising and gear towards community building which Steem was conceive for. Looking forward to make eSteem Mobile our daily Steem dApps.
@ervin-lemark(76)· 2565d
Hey, thanks for this update.

I was wondering when will you breathe some life into ESTM token. Now I know.

Good luck with all ESTM related future functionalities, the choice of the engine included :)
@cliffblank(61)· 2565d
Can you fix the interface first? The text is getting cut off.
@bhattg(80)· 2565d
I am also using esteem application both in windows and android, the application is great there is no need say about it. BUt I have some issue about the ESTM token, Few days ago I have prompted my post the ESTM token but there is no response of that.

I have commented on your old post but you haven`t reacted on it help me please.
@martinvictor(29)· 2565d
How can I enjoy this offer
@bilalshouket92(34)· 2565d
my favort app i am like this very easy to use & upload a post earn points its a change nice
@karisatti(33)· 2565d
Great post I love it 😘

Posted using Partiko Android
@princeziggy(29)· 2565d
What a pleasant information, thanks for sharing this. Everyone needs to see this.
@memehub(68)· 2565d
@good-karma This is great and all but can yall add downvoting to the platform? Also the mobile app does not work for me, maybe its still buggy?, but I love the desktop version
@thetyper(52)· 2565d
Linux and Windows support, IEO, simple and wsrm design, mining and community merged, this looks like a very promising project. Downloading the app and try to contribute with SP in next weeks. Thanks for free love!

Posted using Partiko Android
@healthandfitness(62)· 2565d
Very exciting news and waiting for more to come❤️ good luck guys!

Posted using Partiko iOS
@melinda010100(80)· 2565d
What a nicely written post! I'm delegating!
@promobot(61)· 2565d
This post received a 67.45% upvote from @promobot courtesy of @steemium!
This vote has cost 2.329 SBD and can be reversed for 0.466 SBD. If you wish to reverse this vote, click here.
@rokhani(70)· 2565d
Great! So we can use phone cell for mining. And the progress in Esteem is give us many benefit. i hope it will be better in the future with new release. Thank you @esteemapp, thank you @good-karma and team warm regard from Indonesia
@ricki2000(45)· 2565d
esteem iOS app works quite good👍

Posted using Partiko iOS
@k3v(43)· 2565d
Nice, im going to start using esteem more frequently
@papilloncharity(83)· 2565d
@good-karma, greetings and salutations. Please also bear in mind that some of us, me included, only use desktop PC's and not mobile. Will the future updates also work on PC? Blessings to your work!
@simms50(63)· 2565d
Looking forward to the updated google app!
@cwow2(73)· 2565d
I am looking forward to the v2.2.0 update for the app. I wanna switch from Partiko to eSteem, but Partiko is just so much more clean at this time x) So looking foward to it :D

Posted using Partiko Android
@abdullahyusuf(57)· 2565d
Very nice... i want to do this...
@fredfettmeister(69)· 2565d
Cool
@jluvs2fly(69)· 2565d
This is great news. I use Esteem surfer or the Esteem mobile app daily as my front end of choice unless I am posting an Actifit message. I wish you much success.
@resiliencia(75)· 2565d
I would love to see the roadmap stated here implemented!
@bala41288(80)· 2565d
Great progress and I'm excited about the roadmap. I'm really waiting for a good stable release of the mobile app. Please consider my request for the mobile application. When you are working on mobile application enhancements, please consider the below:
1. Don't ask for my pin everytime I open the app. It slows down the opening process. I don't have to confirm my pin for just surfing. Create a separate wallet module and request for pin confirmation only when wallet functionalities are used. This will be a great user experience.
Last time when I asked about this, you mentioned that it is for security reasons. Please have the security only for wallet module. I feel other activities need not undergo this level of security.
1. The text editor needs some improvements, I'm unable to edit an already published post, if I do so the existing contents are truncated.
2. Whenever there is a notification there is pop up saying that the page is not found or something. I don't have the exact screen shot but that issue is there for several months now.
3. An auto save feature in text editor. I have had multiple instances where the app crashes and closes and the article that I was drafting would have disappeared.
Recently I stopped using the mobile App for these issues. I'm not using it frequently. Without fixing all these issues, the mobile app may not be exciting to use.

A humble feedback from an end user.
@cloudspyder(60)· 2565d
It's great I really love the idea. Free money!
@shemiz(67)· 2565d
Very good job done by you people.I am so happy with this news.
@xplosive(72)· 2565d
My favorite is post boosting with eSteem Points (ESTM) so far, but the Steem Power delegation for eSteem points (ESTM) also sounds interesting.
@mers(73)· 2565d
Wow, this is good news... so everyone should have fun commenting, upvoting and reblogging!
@indoleboss(42)· 2565d
Wow.. this is a wonderful advancement, especially making mining on mobile phones a possibility. Kudos
@tamaralovelace(70)· 2565d
Great news...I love having esteem as my go to source when I am on the go
@onyechi(69)· 2565d
This is great for esteem, I've always looked forward to the token.. Anyway, I can't post anything with my app and it keeps crashing

Posted using Partiko Android
@chekohler(76)· 2565d
Hell that is one pretty ambitious roadmap you got there I hope you guys stick to it and go from strength to strength. Pretty amped for SMTs and hope it breathes new life into projects
@cryptopie(78)· 2565d
Wow I do like these developments of incentivizing esteem users @good-karma thank you very big. :D
@forykw(71)· 2566d
I have been using promotion... and I would be interested a lot in some sort of evolution of this feature. Maybe an integration with @steemium? 😎 Would love it!
@steemium(62)· 2566d
99.92$ has been spent to promote this content using Steemium.
Learn more here!
@slobberchops(82)· 2566d
@good-karma, you might recall me talking to you about the old esteem app not working for me at SF3.

I'm happy to give this one a go, and have it working.. thanks for your commitment to STEEM.
@aftabkhan10(68)· 2566d
Sometimes my eSteem android app crashes. Hoping for an upgraded version.

Posted using Partiko Android
@coolguy222(73)· 2566d
Excellent progress . Keep going.
@foxkoit(76)· 2566d
This sound very cool ... I go shere this on my pages and also in Twitter :) Cool work I'm happy that I'm in here :) Thanx all.
@steevc(80)· 2566d
I've been using the tokens to boost some of my posts, but have to remember to do that before I get a regular vote anyway. Will this be less attractive after hf21?
@chrismadcboy2016(63)· 2566d
Very creative idea @esteemapp I am interested in your wonderful projects to keep it up STEEM ON!
@manishmike10(64)· 2566d
I'm using the esteem beta