I have been on Steemit since June 2017. I have found Steemit a great place to post content and also read other interesting content. I have had the opportunity to mingle with a number very interesting people who also have great enthusiasm for Steemit. I have introduced a few people to Steemit as well. So far, they all seem very happy to be on Steemit.
Now here comes a concerning problem. Steemit is a great platform that provides everyone with an opportunity to earn money from the content they post. This also presents opportunities to abuse the system. Therefore, I have dedicated this post to explain some of the strategies that are being adopted to make money in a rather underhanded way.
Rewarding Comments
Comments just like posts can be rewarded. Unlike posts, comments do not appear on ‘hot’ or ‘trending’ lists. They just remain with the post and appear in the commenter’s section of their Steemit page. Basically, comments lack the same level of potential exposure that posts might be able to obtain. This can be ideal for someone trying to abuse the system.
The ‘rewarding comments’ trick is best done using two accounts. One account belongs to a whale/orca (account with a lot of Steem Power) or an account with a large value of delegated Steem Power (SP). The other account is likely to belong to a minnow (someone who has very little steem power) with an account that is not particularly well- known, follows very few people and is followed by very few. The minnow creates a post. The minnow uses a tag which will ensure minimal exposure.