Introduction
The Steem blockchain is a good platform which enables its users to share their experience and knowledge through the Steemit Channels available (video, pictures, audio or written). The financial incentives that come with the Steem blockchain is another reason while a lot of users are in love with the platform. This post will look at a Steem related platform that enables you to carry out basic investments in form of vote trading and other financial stakes. I call this platform Smartsteem.
What is Smartsteem
I may define Smartsteem as a platform that enables its users to buy votes, sell votes, Invest delegation, bid for votes and also carry out other financial investments.
Smartsteem puts its users first, and they are concerned about making profits for their users. It is useful to people that are not fully using their Steem power. Such users can easily delegate their Steem power to their Smartsteem account or they can monetize their upvotes through Smartsteem.
The platform first got my attention in early 2018. Since then, I have been an active user of this platform.
How to get started on Smartsteem.
It is easy to get started on the Smartsteem platform. All you need to do is follow the steps below:
- Visit https://smartsteem.com
- Login through Steemconnect with your Steemit details.
After a successful login, it will redirect you to your dashboard. Once at the dashboard, you can navigate through the platform.
Components and features of Smartsteem
Easy User Interface
The Smartsteem platform has a cool interface that anyone would easily fall in love with. The buttons are well positioned for easy navigation. It is also mobile responsive and loads on time.
The Dashboard Feature
The dashboard feature enables users to have an overview of their accounts. It is the first place you get in contact with after login.
It gives the user a summary of the account balance (in Steem and Steem Backed Dollar), Investment status (Steem power delegated and Vote selling status), Revenue (Steem and Steem Backed Dollar), Option to support the development of Smartsteem, The Smartsteem white lists, the Smartsteem blacklist, the transactions executed so far, a list of vote bought and a list of votes sold.
Promote Page
This page is where the votes trading occurs. The user can either buy the vote directly or join the large pool of other users to bid for a certain amount of voting strength.
The main difference between vote buying and vote bidding is that in vote buying, there is a guaranteed 10% ROI while the ROI in vote bidding can get to negative depending on the demand.
Invest Page
This page is where users can delegate their Steem power or sell their votes.
In the selling of votes, the user earns 85% share of profit plus the curation rewards. Users are also free to restrict their votes selling to the available white list.
In Steem power delegation, there is a revenue calculator that will help the users know the amount of Steem they will get daily throughout the delegation period.
Balance Page
This is where the user can find the account financial status. Users can make withdrawals to their Steem wallet here. The transaction history can also be found here.
Setting Page
This is where users can customize and tweak the account to suit their personal preference. Users can choose when they get paid, enable and disable vote selling, choose the voting power to use, delegate or undelegated or tweak the promotion settings.
Advantages of Smartsteem
Smartsteem gives users the opportunity to put their Idle Steem power to use and also pays them in return.
It also gives the opportunity to good writers to boost their article to the trending page.
Disadvantage
I am yet to notice a huge disadvantage of this platform.
Comparison
There are other platforms that help users boost their post. The truth is that there is none that is close to Smartsteem in terms of service delivery and added service provision.
My Experience, Rating and Conclusion
I have been an active vote seller on Smartsteem for a while now. Their platform is always accessible at all times. I am yet to experience a delay in payment. I highly recommend their service to anyone that is willing to make extra cash from his/her Steem power.
I rate them a 5.0/5.0
Disclaimer: The views expressed in this article are entirely my view and do not reflect the mind or view of anyone else.
Resources
I wrote this post and all its contents based on my experience, research, knowledge, and personal use of the Smartsteem platform.
Most images are from my usage screenshots, and I provided links to all external images where applicable.
Links
Website - https://smartsteem.com/?utm_source=StateOfTheDApps
Discord - https://discord.gg/H59vTmq?utm_source=StateOfTheDApps
Steemit - https://steemit.com/@smartsteem?utm_source=StateOfTheDApps
You can also visit https://www.stateofthedapps.com/ to learn and have detailed information on lots of dapps on the blockchain.