Giving is made easy on Steemit. The technology used on the Steem Blockchain allows each of us easily make transfers to other accounts within a matter of seconds and at no cost. There is no complicated wallet address, all you need is the steemit account name.
We have all been working hard as of late. With the price of SBD and STEEM high, more and more is being drained from the reward pool each day.
But while we are all working so hard earning what we can, some people are giving. They are donating and they are gifting. All here on Steemit.
Let me tell you a quick story shared with me by
sent
a gift of 250 STEEM for Christmas. After this
account saw what stella did, and also sent her 500 STEEM
And this is not the end of it.
account was set up 2 months ago with a transfer of STEEM from Blocktrades
Its first transaction was 500 STEEM to .
The First Steem-backed Charity Project That Supports Kids Through Watersports Activities and you can read the intro post here
https://steemit.com/introduceyourself/@dreamsoftheocean/introducing-dreams-of-the-ocean-the-first-steem-backed-charity-project-that-supports-kids-through-watersports-activities
Last month 2 more donations were made by
And this month even more gifts
Just like that.
And it’s not over there. I was reading the comments left on an Auction post for some art work.
Here is how it went. A bid went in, and outbid and won. But then
The act of giving is truly alive and well on Steemit.
It was from this that I decided to look at some data. After all it is the season of giving right? So using my trusted tool of Power BI I connected to the Steemsql database held and managed by and I pulled all the transfers that included the words ‘gift’ ‘donation’ and ‘encouragement’.
After this I further filtered the data to include transfers to and from voting bots and any memo that contained a direct link to a post by the person making the transfer and I also filtered out any transaction that were less than .9 SBD or STEEM. The reason for this final filter was that many transfers were sent with a token transfer to get the attention of the account it was sent to
SBD Gifts
159 people gifted a total of $1.51K SBD to 136 lucky people. At the time of writing SBD was $7.44. That’s equivalent to US$11,234
STEEM Gifts
91 steemains gifted $2.98K STEEM to 105 lucky people. At the time of writing STEEM was $2.77. That’s equivalent to US$8,254
Conclusion
In total almost US$20,000 was transferred in gifts in the month of December. And remember, that’s limited to the memo including one of the key words mentioned above. The real value of gifts remains unknown, but the spirit of gifting is alive and well on Steemit.
Have you every though of Gifting? Do you see people on Steemit working hard and would like a way to rewards them for the efforts (we all know that posts don’t always earn their value)? Are you going to gift in 2018?
I am part of a Blockchain Business Intelligence community. We all post under the tag #BlockchainBI. If you have an analysis you would like carried out on Steemit or Blockchain data, please do contact me or any of the#BlockchainBI team and we will do our best to help you...
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