I've been searching for this and thank you for explaining it in your post:
A post pays out roughly 0.4 of the value of what's shown on Steemit.com in SBDS. Then you multiply that by $8. So, a hundred dollar post on steemit will pay 40 SBDS and you multiply that by 8 and your post is worth $320!!!
These are very refreshing and pleasing stats:
When I started Steem was at $20 cents and 50k accounts overall. It's a year later and we're 15x more valuable, we're in the top 700 websites, and we grew the number of accounts by about 10x while asking people to pay between $2 and $20 bucks to start an account here.
This is great news for Dtube and its users:
Combine that with the YouTube adpocolypse and I start seeing dollar signs. YouTube is now blocking payments to certain YouTube channel operators. You can argue the reason why they are doing it (censorship vs corporate sponsers), but the effect is the same. People that used to count on money from YouTube aren't getting it anymore and they are looking for a place to earn money with their content. I believe this a great home for them because they can post novel content here and get rewarded for it, and then archive it on youtube 7 days later and get longer term revenue from that too (assuming they haven't been dropped).
I've been very confused about the very concept of SMTs until I read your post. This is HUGE and it will explode for sure the way it seems at this point:
Smart Media Tokens is basically going to turn Steem from a blogging platform with a crypto currency into the program that will tokenize the internet. Want your buisness to launch a token then click a few buttons. Want your non-profit to launch a token then click a few buttons. Steem is fast, reliable, scalable, and has an incredible starting point for growth. When we make it easy for every group on the planet to aggregate capital and use it as they see fit it's going to make this place explode. Everyone and their mother is going to have a token on Steem and unlike Ethereum that clogged because of a few cryptokitties we have the ability to scale a few hundred larger than where we're at now without any of the tweaks Steemit is working on now.
2018 is the year of Blockchain technology for sure. Will there be Steemfest locally in the major cities of the world so that there could be maximum participation?
Excellent post. Awesomeness personified. Value-packed. Very powerful. You rocked @aggroed.
Steem On!
What great news for those getting $100 payouts!
The median payout, unfortunately, is $.01, 10,000 times less than $100. The median is the payout the largest percentage of people actually receive. I think that is a better metric for measuring Steemit's success.
How many $100 payouts have you received?
Yup, median numbers not outliers should be the base metric.
Yes! This! As long as the little ones don't get enough incentive to actually stay (and get their friends of Facebook onto Steemit) the succes is quite relative :-)
None, because it takes a lot of work....
I have been on steemit for about a month and the only way my posts have been getting worth: Bid bots....
I hate it.... But, when i finally get a following for my posts. The bots can stop and my friends will be the ones to reward me for my content.
New saying "give a man some steem, he will power up a small bit. Teach a man to properly steemit, he will power up to spread the wealth" yeah needs work....
But, if we can welcome new members like family (giving votes, comments to help and what not) they will bring their family and friends to make this platform even better. In the end causing everything to get higher in price and even more people interested in SMT's.
I'm new too and I think your idea is right, also this still is a beta platform, so is room for everyone!
No, it doesn't. It doesn't matter at all what work you do.
It only matters who upvotes you, and whether some of the wrong people downvote you.
I know, because I have received a $100 payout. It was not my best post. I didn't work harder at it, or buy more botvotes.
It was a gift.
@haejin is the best example of how the platform works I have seen. He's even redefining how it works, by actually forming a coalition to oppose his opposition.
He reminds me of John DeLorean, bucking the system.
I wish him better success.