What can we expect from Devcoin and STEEM?
First of all happy 2018!!
All devtome users can benefit from it! STEEM is a social publishing platform with its own blockchain, it has two tokens: STEEM and SBD, you get paid 50% STEEM and 50% SBD for your articles after 7 days. The amount you earn is a product of the votes (actually "upvotes") your post managed to attract from other users. Such weight is calculated from the amount of VESTS or "STEEM POWER" each voting users holds, your current Voting Power and the relative market price of SBD/USD pair. Currently 1 SBD worths ~6.5 USD
In short, you make money with "likes"
Are you interested on becoming a beta user of my new @devcoin project on STEEM and make easy coins? Do this:
- Register a new account in steemit.com
- Authorize @devcoin to vote with your account https://v2.steemconnect.com/authorize/@devcoin (this will help to fund @devcoin)
- Vote for devcoin witness https://v2.steemconnect.com/sign/account-witness-vote?witness=devcoin&approve=1 (this will help to fund @devcoin as well)
- Publish an article in steemit.com with the tag #devcoin (you can also use busy.org to post articles)
- Place your Devcoin Address at the bottom of your post, using this format: @devcoin/MYDEVCOINADDRRESS (example: @devcoin/1DogCa5wiVZJWFnFDezuw5XssoWWabijnE )
- Your post will be voted with a value of ~0.10 SBD (~0.65 USD), this is your reward for being a beta tester!
- Wait up to 24 hours, if your post is not upvoted please send me a private message
- After 7 days, you'll receive 1 Devcoin for every SBD your post got paid
- Voila! You just merged mined Devcoin and STEEM by writing content!
If this experiment goes well I'll add more features and more funds to raise the rewards!
This is looking interesting. I see that it's a different setup than delegating SP to @devcoin. Can you please also post the way to unauthorize @devcoin to vote using one's account? That way, people who want to try it out for a short time will be more comfortable knowing how they can turn it off. I don't post much on Steemit these days, but if I get back to doing that more, I may give this a whirl.
How is progress going on getting Devcoin listed on an exchange?
Sure thing! You can revoke voting rights to @devcoin with this: https://v2.steemconnect.com/revoke/@devcoin
If we already have a steemit account, do we need to create an additional account or go through the above process with our current account?