Dcontest - a cure for Steem

in #utopian-io6 years ago (edited)

Introduction

I have once heard a maxim about Steem Blockchain:

Come for the rewards, stay for the community.

I think the true understanding of our platform lays in these few words. All of the efforts that we make here - using bid bots, resteeming services etc. - are essentially intended to bring bigger audience to our content. The basic value of Steem Blockchain are not the rewards, but the communities and connections between people.

tlo.png

Content promotion - current problem

Currently there are basically three methods of promoting content on Steem Blockchain:

  • Bid bots - many people do not like them, because they allow poor quality content to get a high value of payout. Unfortunately, this is often the case, so the times when payout was an indicator of the post quality have already passed. Obviously bid bots still work, as being on the trending page significantly increases a chance of being noticed, but many consider them as a kind of fraud. Additionally, they do not guarantee an engagement under your content, so results may not be satisfying. Just look at the trending page - there are plenty of posts with hundreds of dollars of payout, thousands of votes and just a few comments.
    smallpayout.png

  • Resteeming services - many of the followers of resteeming accounts are inactive, sometimes even fake. Additionally, they usually have no limits of resteemed content, so their followers simply cannot engage with every publication. From my experience using them is disproportionately expensive to the attracted audience.

  • Promotion service on Steemit.com - this method is really unpopular among the users, mainly because of its inefficiency. Content is displayed in the "promoted" section, but there are not many people browsing it.

A lack of Steem - current problem

As we are currently facing bear market in the world of cryptocurrencies, many newcomers and smaller users are leaving Steem due to unsatisfying rewards and insufficient Resource Credits. They are not provided with any solid source of income, which could help them to grow on the platform.

dcontest_bar.png

Our solution - Dcontest

We would like to introduce Dcontest - a DApp that is intended to solve the problem of content promotion on Steem. Dcontest will provide benefits for the certain groups of users on Steem:

  • For Plankton and Minnows - a daily source of Steem income and a possibility of participating in fun contests.

  • For Dolphins, Orcas and Whales - a new way of content promotion that ensures attracting a real audience and genuine engagement in the comments.

How it works?

Every day we are going to promote one Steem post or DTube video. Participants will have 20 hours (since the contest was published) to predict what will be the total payout of the promoted content after the first 24 hours. After that they will have to leave a valuable and original comment related to this content.

Rewards distribution:

  • A person with the most accurate prediction will earn the main reward - at the beginning it will be 0.5 - 2 Steem (it will depend on the engagement in the previous contest). Rewards are going to increase as Dcontest becomes more popular.

  • Every participant will get 0.05 Steem as a participation reward.

Our business model

In order to maintain the daily contests and pay out the rewards without any delay, we have decided to implement a few source of income:

  • We are going to run ads on our website. All advertising revenue will be intended for the rewards for our community.

  • We count on the upvotes from our community. We are going to publish two posts per day (first for the new contest announcement and second for the winner of the previous contest announcement).

  • Initially we are going to run our promotion service for free, in order to promote Dcontest among bigger users and create a solid base of participants. After that, we will run paid promotion service, which is intended be the biggest source of our income.

Paid promotion service

We would like to avoid the bid bots approach, so we will not offer a promotion in return for a single Steem payment. Instead of that we would like to create a kind of subscription service and offer a promotion in return for a Steem Power delegation. The tariff is as follows:

Delegated Steem PowerPromoted Content
1 - 1001 promotion every two weeks
100 - 2001 promotion every week
200 - 5002 promotions every week
500 - 1,0004 promotions every week
1,000 - 5,0006 promotions every week
5,000 - 10,0007 promotions every week
10,000 & aboveplease contact the owner

dcontest_bar.png

People behind Dcontest

CEO and Founder - @freecrypto
Developer - @neavvy

Discord channel

You can join our Discord channel in order to stay in touch with our community: https://discordapp.com/invite/2FV6vZD

Github repository

Dcontest is fully open source. It means that the source code is freely available in our Github repository: https://github.com/jankulik/Dcontest

Visit Dcontest

First contest is going to appear tomorrow on our website: https://dcontest.org
You can also follow our Steem account: @dcontest

Note: Dcontest had been already working for a while, but we decided to change our business model and develop the website. This is basically the relaunch.
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Thank you for what you have brought to the Steem blockchain. The idea is good, as people have different issues with the current means for promotion. However, I have a few questions.

First, you wrote ‘’Every day we are going to promote one Steem post or DTube video’’. Will you be creating the contests with the project account, or you guys will pick the best posts and promote? Also, I don’t understand how the paid promotion service work. If I delegate 500 Steem, what percentage of the VP will I receive on my ‘2 promotions every week'?

We appreciate you for using Utopian to introduce your project. However, we would like to see more significant codes on your repository, for any future contributions to be considered.

Thank you!

Your contribution has been evaluated according to Utopian policies and guidelines, as well as a predefined set of questions pertaining to the category.

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[utopian-moderator]

Thank you for your review @tykee.

Will you be creating the contests with the project account, or you guys will pick the best posts and promote?

We are going to create contests only using @dcontest account.

Also, I don’t understand how the paid promotion service work. If I delegate 500 Steem, what percentage of the VP will I receive on my ‘2 promotions every week'?

Our promotion service is not based on upvotes. By "promotion" I understand promoting particular content in one of our contests. If we have 20 participants in the contest, every of them needs to leave a valuable comment under promoted content in order to validate his entry. This system ensures attracting a real attention of 20 people, who potentially may become interested in the topic and follow the blog in the future. So if you delegate 500 SP, you can promote 2 posts in our contests per week.

However, we would like to see more significant codes on your repository

I'm afraid I don't understand "more significant codes on your repository". Could you clarify this one?

Hello sir :) , I'm the founder & CEO of @dcontest , I hope @neavvy will soon reply you on this but I wanted to clear out something 😊.

Yeah , we are selecting random & best post for Promoting that in our contest 😊.
And yeah also the paid promotion Service is currently disabled , It's for future but for now we are doing it for 100% free.

And also if anybody wants to promote their post or video through our daily contest the criteria is just let us know 8 to 10 hours before posting that post or video 😊.
I think I had cleared out your doubts sir 😊

Posted using Partiko Android

Thanks for the reply. Absolutely, that is clear.

Always welcome sir 😊

Posted using Partiko Android

Thank you for your review, @tykee! Keep up the good work!

Hi @neavvy!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your post is eligible for our upvote, thanks to our collaboration with @utopian-io!
Feel free to join our @steem-ua Discord server

Good job on this @neavvy and well done for the brilliant idea @freecrypto

Posted using Partiko Android

Heyy @neavvy, thanks for thinking about ways to improve rewarding people. I have one question:
Suppose the payout value is between the guesses of person X and person Y. Doesn’t this make it easy for person Y to ask for some upvotes from someone in order to get the payout value closer to his/her guess? It is a bit sensitive for manipulation I think...

Posted using Partiko iOS

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You received more than 4000 upvotes. Your next target is to reach 5000 upvotes.

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Hey, @neavvy!

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We’re already looking forward to your next contribution!

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Dear @neavvy

Please send me memo with link next time you publish something interesting, ok? :)

yours
Piotr

I've just sent you a mail regarding this post @crypto.piotr :)