The list below represents the 50 largest transfers to bid-bots for the promotion of articles posted on Steemit during the last calendar week (Sunday through Saturday).
Due to formatting restrictions, only a few columns can be displayed.
What is this report?
Many authors choose to promote their posts via Bid-Bots. In return for direct payment, the bots will upvote your article. This service is fully "legal" on Steemit and used by minnows and whales alike.
There are many reasons an author may want to purchase votes.
- Give the impression that the article is of substantial value and perhaps you should think so too.
- Cause the article to make it to the "Hot" or "Trending" category where it gets more exposure and more votes.
- Cause the payout to increase so that anyone that votes on the post will share in a higher awards pool.
- Attempt to make a direct profit on the vote by receiving a vote that nets more than the cost of the bid.
- Increase the authors reputation by receiving votes from large and respected voters (large bots are whales).
- Support another author or entity indirectly through a Bid-bot.
The list is sorted with the highest amounts paid to the Bid-bots on top in descending order (per bid basis).
- From = The user who sent the payment to the bot.
- To = The bot that has been paid to vote.
- BID (SMD) = The amount sent to the bot in SBD or Steem.
- Article Payout = The total STU (SBD/SP) payout value of for the entire article (not the single bid). This is the total paid to the author and curators from all votes (not just bidbots) (This is the $ value which shows on the bottom of every post.)
- Link is the direct link to the article that has been promoted via the bid bot.
Largest Bid-bot Bids -- 02/25/18 - 03/03/18
Sometimes great articles get to the top because they are great articles. Sometimes other articles get to the top because there was sufficient money to pay for that placement. It is up to the community to judge if the rewards pool is being properly managed and distributed in a fair and honest manner.
The wonderful thing about Steemit and the Steem blockchain is everything is transparent allowing you and all those we care about our platform to be educated on how to properly use the platform as well as how to protect it.
Please resteem this post if you think this information might be useful to the Steemit community.
Disclaimer. Many of the articles I author utilize promotional services including bid-bots. I have not filtered any bids including my own out of this list.
https://ColemanAir.us
Craig
