Hello Everyone! Today I am going to give the information about the some important points. I am trying to explain everything about project in one by one post. I will try to give information for each points by using the graphic edited images by me in adobe Photoshop. So let's start.
Components
How to vote for contributors?
Payout/Reward of Bounty
Tag & Title ( For Author )
Comment & Contributions ( For Contributors)
Brief Information of Each Component
How to vote for contributors?
So first I will tell to contributors every comment below the post for which the bounty is set is the considered as eligible contribution for the bounty payout. Which comment receives how much out of the bounty is depends on the vote of author & the vote of any other steemian. I will explain that below with the help of one graphics image.
Bounty is divided into two part which you can see in the following Image. Now I will explain you how it's really works.
- 80% of the bounty is distributed according to the votes from the bounty creator or author. If the creator votes for more than one comments then relative % of the vote determines the distribution. In other words, bounty creators vote with their % sliders. This is to allow the bounty creator to distribute most of the bounty. This give simple way to author how much give to each contributor. How this 80% bounty works I had tried to explain with the help of following graphics design.
Example for the 80% Bounty depends on creator's upvote :
If The Author Set Bounty of 12.5 SBD for his post.
80% (Depends on author/bounty creator's vote) = 10 SBD
20% (Depends on everyone else vote) = 2.5 SBD
Assume there is 3 Comment/Contribution received below post.
Let give Name to them Contribution1, Contribution2 & Contribution3.
If, Contribution1 get upvote from creator of 100% - Then he will receives 45.45% of Total bounty (80% Bounty).
45.45% of 10 SBD = 4.545 SBD
If, Contribution1 get upvote from creator of 70% - Then he will receives 31.81% of Total bounty (80% Bounty).
31.81% of 10 SBD = 3.181 SBD
If, Contribution1 get upvote from creator of 50% - Then he will receives 22.72% of Total bounty (80% Bounty).
22.72% of 10 SBD = 2.272 SBD
Total Reward 4.545 + 3.181 + 2.272 = 10 SBD (80% Bounty).
- 20% or the rest of the bounty is determined by votes of everyone else that voted on the comments. The weight of each vote is determined by the "rshares" or the effective vote values as they are displayed by steemit (those $ amounts you can see next to the votes as shown below).
Payout/Reward of Bounty
After 7 days of the creation of the post (Remember Post, not a Bounty) will tally all the votes on comment by bounty creator & everyone else then payout will be distributed to the contributor automatically. Contributors would get at least 0.001 Steem or SBD depending of the currency of the bounty set.
will also provide a corresponding Memo with transaction of bounty to your wallet and post under the winning comment. Example is below.
- Memo with the transaction :
- Post under comment :
Tag & Title ( For Author )
Tag - Community suggest you use to the "bounty" or "steem-bounty" tag in your post. By which the contributors can easily search your post in this both tag you can say this are the official tags for bounty post. So use it in the post for better result.
Title - Since community do not have a website yet, make sure to mention the bounty in your post title.This will get you extra attention from users or contributors.
Suggestions for Users & Contributors
"Nice post."
"Give me Upvote"
"Very helpful your information. Now upvote mine."
"Hello dear, I follow you, now you follow?"
"Please follow me. I have followed you"
Strictly avoid comment like the example I have given because it is considered as the spam. You may get devoted by someone & maybe not get Upvote from the bounty creator.
Join The Steem-Bounty Telegram Group
To Join Telegram Group : Click Here
Support Steem-Bounty Project By Vote to Witness
Step 1 : Go to Witness page Click Here
Step 2 : Enter steem-bounty in box.
Step 3 : Click on Vote