So I like to make educated decisions when taking steps towards my future but a lot of being educated in my personal opinion has to do with enjoying the learning process.
I had about 8 HBD that was just sitting in my account and I wanted to find a good way to use it for better building my brand.
I resolved that using the ecency points system would be a cool way to learn more and grow my presence here on the hive so I set out to make a test for the various options available.
In this ecency experiment I created a template for sharing music and used two separate songs and posts to try out the different options for using ecency points.
The boost option uses your ecency points to make a single post valuation payout based upon the prescribed amount of ecency points used.
The promote option uses your ecency points to sponsor your post on the ecency dapp which results in more eyes and more presence overall.
For this experiment I used 250 ecency points on two separate posts using the boost and promote options.
These options in opposition to each other have an obvious winner in less than the time it takes for the same amount of ecency tokens to play out their prescribed duration.
The promote option will always be my go to for monetizing posts with a 2x ROI in comparison to boosting.
My next experiment with the same template will be using them in conjunction with each other and without any type of boosting at all to give you another review of the dapp effectiveness.
Other factors I did not include would be the popularity of the song, genre popularity, the tags used and time of day posted which I will try to find a way to better measure in the future.
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Many thanks for all your support and much love to you all in the crypto/blockchain revolution!