There are many parties involved in the processing of each reward, in addition to the eligible user (who has completed the task) and the sponsor (who pays the reward), such as campaign posting, rewards indexing and referral services, as well as additional beneficiaries, specified by the user at the time of posting.
Waivio now offers a detailed report of all the parties involved, their roles and their share of rewards.
In this example:
@pacific.gifts (sponsor) announced the reward of 15 HIVE for 2 original photos of the Meat Platter for Two from Kisamos Greek Taverna (Richmond, BC, Canada).
reserved the reward (met all of the eligibility requirements: minimum expertise, # of followers, # of posts, etc.) andUser @foomoo
posted a qualifying review (2+ photos, links to the dish and the restaurant).
The first table provides a summary of User rewards and their distribution among all beneficiaries specified in the post. In this example, @waivio is listed as a 3% beneficiary (the qualifying review was posted using Waivio.com).
The second table shows the distribution of Processing fees (sponsor offered 5% on top of user rewards to all the parties for hosting, indexing and processing of rewards).
Three parties are involved in the processing of rewards in a decentralized environment:
- Campaign management (posting attention bids on the blockchain);
- Rewards indexing (personalizing attention bids for users according to their eligibility and preferences);
- Referral (external marketing partners, who receive credit for bringing new users to the platform).
- The HIVE/USD exchange rate is recorded at the time of reward reservation. It is important for transparent reporting, including for tax purposes (e.g. capital gains).
In the current example, all services are operated by Waivio (waivio posting service, waivio.camaigns, waivio.index, waivio.referrals). In a decentralized environment each service could be operated by a different party.
Post beneficiaries
Users can now specify multiple beneficiaries for author rewards in their posts (advanced settings in the post preview):
Other updates and bug fixes:
- Feed / Objects - combination of object news streams (352)
- Feed / Users - processing edited posts (358)
- Rewards - displaying rewards in lists (437)
- Rewards - displaying rewards in objects (507)
- Object - multiple buttons unders the same name (512)
- Create campaign - reward amount vs. budget (519)
- Maps - revised navigation paradigm (530)
- Guest comments - landing experience (540)
- Dtube - previews in the feed (543)
- 3Speak - videos in posts (549)
- Guest profiles - guest status indication (544)
- Tag reject - bug fixed (551, 596)
- Reward reservation - chain record edits (552)
- Reward details - frequency eligibility criteria (553)
- Mobile search - clear and close buttons (556)
- Campaign notifications - notify followers about new campaigns (559)
- Re-blog button - verified exemption rules (563, 592)
- Test posts - interference with regular operations (565, 575)
- Profiles - parameters on low-activity accounts (569)
- Accounts receivable - display all beneficiaries (571)
- Post beneficiaries - interface for distribution of rewards (574)
- Admin roles - initial list (576)
- Campaigns - only pending campaigns can be edited (577)
- Campaign duplicates - all campaigns can be duplicated (578, 586)
- Admin rejects - keep rejected updates in the list (580)
- Rewards reservation - additional info & links (584)
- Rewards report - attribution of referrals (589)
- Billing reports - allow reports for third parties (590, 591)
- Manage campaigns - subtract accounts payable from the balance (599)
- Wallet - transaction dates (614)
Waivio is an open source project. If you believe that what we are building is beneficial to the Hive ecosystem, please vote for Waivio proposals on the Decentralized Hive Fund.
GitHub - https://github.com/Waiviogit/waivio
Discord - https://discord.gg/sAkPkFv
Twitter - https://twitter.com/waiviolabs
Hive - https://www.waivio.com/@waivio
My understanding is that portion of my rewards come from upvotes and the rest is paid in liquid HIVE. I don't see it in my report, even though I received upvotes from so called registered accounts.
For the time being, we do not yet subtract the value of upvotes made by registered accounts. To this end, you have received more rewards. Thank you for participating ;-)
In the future, the value of these upvotes will be indicated in the "Hive power" column in the User rewards table.
w hive