post.
I am on this platform since last three years, when it was just steemit. I have witnessed the transformation from steemit to hive and now the tribes. I am a freelance blogger and i decided to invest some time in POB because of the simple economics.This is my first post on #proofofbrain platform in response to the challenge announced by @vempromundo. I have just joined this platform a day back and scrolling the trending posts i found this
Curator's Calculation
I made simple calculations and figured out that at current price for 200 POB the vote value is close to 1.4 POB. Considering 50% share for curators on #pob vote with 200 POB fetches 0.7 POB. This also means when a curator gives 300 upvotes of 100% voting power, he achieves break-even.
Day for Break-Even
Considering approximately 20 upvotes, one achieves break even in just 15 days. It would be little bit more as every vote will not carry same weight.
Compounding effect
To give some exercise to your brain, which is the real objective of this tribe, i felt there is a need to crunch more numbers. When you give the upvotes, you get the curation rewards after 7 days. Which means after 140 upvotes, technically your voting power starts increasing. This compounding helps in reducing your break-even period.
My Expectation
Here, i have a simple expectation. The community needs to ensure that the token prices don't fall because if they fall, the break-even period would start increasing. This would result in changing all the tokenomics.
Discussions
I have done very rough calculations here just to give my brain some exercise. Now i want you to criticize, support and comment.
I saw that you did not comment on the post link in the contest publication, will it also compete for delegation?
After reading your post i realised that its a good idea to move on to this brand new frontend which is probably the most rewarding platform as of now. Just imagine if the prices are stable at these levels or go up from these levels then the break-even will not be even 15 days. Thats a brilliant analysis my friend
I think we need to also consider the amount of reduction in the vote value as well. Every vote can not be of 100% power.
Congratulations @teapassion! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 400 comments.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out the last post from @hivebuzz:
It will be interesting to see how this community grows. Proof of Brain is really a great concept. There are so many different directions it can go. And now there's a very strong financial incentive as well. Good post!
Calculation are quite interesting... I am planning for the investment in token and looking forward that community will grow in good pace..
The point is very important as it indicate the trust of people in the token or tribe.
It is fantastic post. Very well analysed and drafted in a ver simplistic words. Keep up the good work