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Why I Delegated 25000 STEEM to Utopian.io by cryptoctopus

View this thread on: hive.blogpeakd.comecency.com
· @cryptoctopus ·
$177.02
Why I Delegated 25000 STEEM to Utopian.io
![U5drtNuAgQcJ5hu8hwEtQhKCL7inYYo_1680x8400.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1508595689/jk8utet4qqjeuhibtfp5.jpg)

## Introduction

Before a few days ago, I've never delegated Steem Power. Firstly, because there wasn't something like [SteemConnect](v2.steemconnect.com) to easily and securely do such as thing  and secondly, a project that I want to see succeed so bad as [utopian.io](utopian.io).

Below, I will share why I decided to delegate 25,000 STEEM and why I think more people do the same.

## What is Utopian and What Market Does it Disrupt?

#### Utopian

**Utopian.io is the only platform rewarding Open Source contributions.** This, my friends, is big.  The project is still very much in it's early phase and there is a lot of work to be done still BUT the potential is huge.

By talking with @elear, I discovered that this idea was not a quick flash in the pan. He has been simmering it for over 7 years. Before STEEM, it was difficult to conceive of a way that would incentivize open source contributions in a sustainable way.

Now there is one...and it's powered by the [steem blockchain](steem.io).

#### Disrupting Open Source Technology

[GitHub](github.com) reports having almost 20 million users and 57 million repositories, making it the largest host of source code in the world. 20 Million of the most important users of the internet in my opinion. They represent, in aggregate, the movers and shakers of programming. 

Building an open source community is tough. It is really difficult to bootstrap a community of people to [hunt for bugs](https://utopian.io/bug-hunting), [submit ideas](https://utopian.io/ideas) and [submit code](https://utopian.io/development) for a project.

But with the advent of utopian.io, @elear has created a powerful way to get people to do all of those thing...for a living if they wanted to!

## How Big Can This Vision Be?

Before this project can come to it's full flowering, we will need 2 very important features coming soon on the steem blockchain.

1. Community Features
2. Smart Media Tokens

#### Community Features

One of the thing that utopian has to deal with right is how to effectively curate good and bad submissions. @elear released a temporary way for now to deal with it by incentivize curators to do that job. But I doubt this can scale.

With the incoming [community features](https://github.com/steemit/hivemind), the Utopian project will be able to have community owners being responsible of their own projects. The community feature will allow each project to have multiple level of control over their turf such as:

1. **Owner:** holder of the community account's private keys. Assigns admins.
2. **Admin:** can edit admins and mods. Has mod powers.
3. **Mod:** can remove posts, block users, add/remove contributors
4. **Contributor:** in closed communities, an approved poster.
5. **Guest:** a poster in a public community and a commenter in a restricted community

**Source:** https://github.com/steemit/condenser/wiki/Community-Spec-%5BDRAFT%5D

This mean that if anybody starts an open-source project. They can be in full control of what is happening in their utopian community. I have a hard time to believe that utopian could fully blossom without such features. These features can't come too fast in my opinion.

#### Smart Media Tokens

Let's say a social media company like [Gab.ai](gab.ai) was to use [Smart Media Tokens](smt.steem.io) to power their business. They would be in control of a good amount of the stakes. Let's say their token is called GAB.

Gab.ai could have a utopian community and reward their contributors with Gab tokens. In a way, it's almost like giving equity of a network to the people who help build it. All the incentives are aligned for maximum growth.

Imagine all sort of open source projects, all powering their community with their tokens!!!

<center>![WxVke.gif](https://res.cloudinary.com/hpiynhbhq/image/upload/v1508596249/mun27m6o9xouo8ys8to1.gif)</center>

#### A Virtuous  Cycle

If the steem blockchain is capable of powering the whole open source community of github, then the steem blockchain will attract some of the best mind to look into and improve every aspect of it since it will be their bread and butter so to say.

## Why You Should Delegate Your SteemPower To Utopian.io?

The obvious reason is because it's a really good project that could potentially change the face of open source. But if that's not enough for you, Utopian rewards it's sponsors with 20% of all the authors rewards on the platform. 

The more you put in, the higher the % of that jackpot you get. Not bad hey?

It's been less than a week since people started delegating and see where we are at already.

![utopian1.png](https://steemitimages.com/DQmf1fath4ab1oLc3CFwkCfdQHors8Pwe2GvJ5yGuxDBgpy/utopian1.png)

And my meager 25000 Steem Delegated represent 5% of all of that reward.

<center>![utopian2.png](https://steemitimages.com/DQmXk5LiNjgpFPHCn6sqcfwuWYQ3Gr1QhDm5mThcu8G18yU/utopian2.png)</center>

## Conclusion

Believe me, this is only the beginning. There is a lot of work to do to make the vision of utopian.io into what it is meant to be. 

Special thanks to all the other sponsors:

- @freedom : 243072 SP
- @transisto : 130195 SP
- @xeldal : 40474 SP
- @javybar : 10000 SP
- @jerrybanfield : 5000 SP
- @kendewitt : 5000 SP
- @ajvest : 4000 SP
- @yabapmatt : 2000 SP
- @allowisticartist : 1397 SP
- @n-ur : 1000 SP
- @masterofcoin : 1000 SP
- @iliasdiamantis : 1000 SP
- @bbrewer : 500 SP
- @unosuke : 500 SP
- @airmatti : 500 SP
- @nesian101 : 150 SP
- @rival : 100 SP

And of course @elear for spearheading this idea. 

👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 299 others
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vote details (363)
@a-alice ·
How long have you been authorized? But I think only those who have as much SP as you can invest
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@cryptoctopus ·
1. What do you mean by authorize?
2. Last time I checked. I don't believe it is the case.
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@followbtcnews ·
When you delegate SP, you can take back at ANY time you desire. The SP is still 100% yours, . Whenever you decide you would like the SP back, you just go Un-Delegate it, and then it takes 7 days to return to your account where you can actively use it.
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@a-alice ·
Thank you. Where can I read the manual?
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@aagaasi ·
nice blog gujju bhai
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@allesia ·
I never understood what means delegating SP. Now it's clear to me. I wish you success with this project
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@dang007 ·
$0.30
when u dont understand something u should ask,  we will help u if u need help.
👍  
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vote details (1)
@amiradnan ·
Good
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@aneilpatel ·
more and more communities being formed on steem and smart media tokens. We are going to change the way world economy works!
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@arcabuzx ·
nice prject dude, congrats..
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@arcange ·
Congratulations @cryptoctopus!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20171021) in the following category:

* Pending payout - Ranked 6 with $ 184,84
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@asif4745 · (edited)
Sorry  bro
👎  ,
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vote details (2)
@steemcleaners ·
$0.63
Not indicating that the content you copy/paste is not your original work could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/)

Some tips to share content and add value:
- Using a few sentences from your source in “quotes.” Use HTML tags or Markdown. 
- Linking to your source
- Include your own original thoughts and ideas on what you have shared.

Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained).

Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. 

If you are actually the original author, please do reply to let us know!

Thank You!
👍  
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vote details (1)
@atikulislam ·
Nice work man 

Hi i just followed you and upvote you 
so will you upvote and follow me plzzz

and plzz upvote on my this post 
https://steemit.com/nature/@atikulislam/most-beautiful-waterfalls-in-bangladesh
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@bigriches ·
Community feature on Steem? That's so cool! 
Bye to Discord,
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@bitcoinflood ·
I just found out about this tonight and have been really digging into it. Your overview here really helps explain the vision of the site and its goal I can clearly see now what you are vested heavily into it.
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@blazing ·
that's a huge delegation and rightly so :)
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@chileno ·
What about the BAT token, could this fit into this vision at all...??  Is that considered a smart media token..?
properties (22)
authorchileno
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@cikxaijen ·
Read about utopian and @elear makes a good initiative about it here in steemit. It is awesome that you delegate such a huge sum. Wish to do the same but still struggling here in steemit
properties (22)
authorcikxaijen
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@criptoworld ·
hey!
properties (22)
authorcriptoworld
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@cryptopie ·
This is a good thing to invest into considering its potential and use for open source projects. Cool @cryptoctopus
properties (22)
authorcryptopie
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@darkflame ·
Great! I will check it out, thank you @cryptoctopus
properties (22)
authordarkflame
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@daydreams4rock ·
the future looks brighter
properties (22)
authordaydreams4rock
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171022t141859660z
categorybusy
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@deimus ·
Thanks for your efforts, @cryptoctopus. Your post about Streemian actually inspired me to start learning Python.  So far I've managed to get a telegram bot working *shrug* it's something...

Also, I'm loving steemconnect - not having to be concerned with account security makes it a lot more fun to code.

I'll try to support the apps on utopian.io and hopefully I'll be able to announce my own app soon!
properties (22)
authordeimus
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t181158987z
categorybusy
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@detlev ·
That is an awesome idea. 

We created **a little app** to help us with some collection and calculation for the weekly **Steemit #BeerSaturday Challenge** - My idea and coding from another Steemian. 

Let's talk at steemfest how we join this together.
properties (22)
authordetlev
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@doodlebear ·
Great article and thanks that you do that. I have exactly the same reasons why Utopian is a great idea. Maybe it'll become the application that will send Steem skyrocketing.
properties (22)
authordoodlebear
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t160732128z
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@eastmael ·
Thank you for the support for this @cryptoctopus. I support @elear in what he wants to happen. I also have something in mind I hope will come into fruition.
properties (22)
authoreastmael
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171022t145023279z
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@eirik ·
Sooo is steemconnect secure now? :)
properties (22)
authoreirik
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t165158210z
categorybusy
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@elear ·
Amazing article. I love it @cryptoctopus ! Resteemed

# THANK YOU
properties (22)
authorelear
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t155344780z
categorybusy
json_metadata{"tags":["busy"],"community":"busy","app":"busy/2.0.0"}
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@erikaflynn ·
You opened my eyes - I thought Utopian was created only for Busy project...
Yesterday I wrote my first article through Utopian.io, and was pleasantly surprised by the reward for this. Unfortunately my wallet is not so fat to make donations, but I wish good luck and profit to all investors who put their money to this project.
properties (22)
authorerikaflynn
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t180445609z
categorybusy
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@evelynbelle ·
Wow, this is completely awesome. I myself have made some little contribution on utopian.io. i think utopian.io is one of the best things that could happen to open source. 
Its indeed an amazing idea. Thanks for your contribution and for sharing this post.
properties (22)
authorevelynbelle
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t155836262z
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@evinrud ·
such a motivation!  let's spread the word!
properties (22)
authorevinrud
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@fancybrothers ·
my grandmother always told me ' A kind gesture can light a candle in the darkest moments of someone’s life, be a giver' :-)
properties (22)
authorfancybrothers
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@fknmayhem · (edited)
Not wanting to take away from the scope of this article and the awesomeness that is Utopian, but:

> Before a few days ago, I've never delegated Steem Power. Firstly, because there wasn't something like SteemConnect to easily and securely do such as thing

Have a look at [desktop wallet Vessel](https://steemit.com/steem-project/@jesta/vessel-008-configurable-steem-node-new-default-node). It's open source, currently hosted on Github. It has many _account and wallet specific_ functionalities, one of them being delegation.

Here's hoping soon we can reward @jesta, and contributors, for his awesome work on this project via Utopian. :)
properties (22)
authorfknmayhem
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171022t051907560z
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@funnyman ·
$0.58
Looks like a great project. Let me do my finding of this project and will get back to you @cryptoctopus Thanks for the information.
👍  
properties (23)
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vote details (1)
@furion ·
$0.32
I like the idea, and I'm following suit by delegating a third of my stake.
👍  
properties (23)
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vote details (1)
@georgemales ·
If i had Steem Power or Steem i was sponsoring as well as i love the concept of this new project and if i am not wrong is the first one since SMT's were announced but unfortunatly i have really low numbers in both.
But keep up the good work guys as this project sounds amazing and for sure is going to be succesful!😉
properties (22)
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@ghorardim ·
great job
properties (22)
authorghorardim
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@gniksivart ·
I wish I would have became a computer programmer in school. My dad kinda talked me out of it, but admire the people that troubleshoot and make all these improvements and now get rewarded is awesome.
properties (22)
authorgniksivart
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@dang007 ·
$0.29
u dont really need to be a programmer, there are other way.
👍  
properties (23)
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vote details (1)
@greenrun ·
Thanks for delegating to that project, the project is a laudable one. The 5% may appear small to the humongous 400K+ SP, but that is still a lot of SP. Thanks.
properties (22)
authorgreenrun
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@gregario ·
Hi, I delegated steem voting power to the project some ten months ago, around the time this post appeared. In fact, I recall this post was one of the reasons I delegated to utopian.
But the understanding was there would be a reward for delegations. I did receive a reward for some time. Then I took some time off the Steemit comunity, and when I come back I realize I have not received a reward for 10 months. And all previous links to the sponsors page I used to use were redirected to the home page of the new colony site.
 https://utopian.io/sponsors
Any advice on this issue will be much appreciated. Thanks in advance.
properties (22)
authorgregario
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20190304t120051566z
categorybusy
json_metadata{"tags":["busy"],"links":["https://utopian.io/sponsors"],"app":"steemit/0.1"}
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root_title"Why I Delegated 25000 STEEM to Utopian.io"
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net_rshares0
@iamzerg ·
Well done sir.  You are a gentleman and a scholar.
properties (22)
authoriamzerg
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20180204t043205170z
categorybusy
json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@investwarrior ·
also in utopian people can work as moderators and receive some rewards too .
this 5$ what you waiting its daily rewards or weekly?
properties (22)
authorinvestwarrior
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t170214802z
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@iwant ·
best post kepp it up & i am up voted you & following you
properties (22)
authoriwant
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json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@keithwillshine ·
How does one get involved
👎  ,
properties (23)
authorkeithwillshine
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vote details (2)
@princeshady5 ·
Wonderful
properties (22)
authorprinceshady5
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@khidr ·
This is very good project. Thanks for sharing
properties (22)
authorkhidr
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json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@killerkuasha ·
you are talking about very interesting  subject and we have to know this but i have to do more research about this. Thanks for this information...
properties (22)
authorkillerkuasha
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t153834929z
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@long888 ·
I wish I could do that but the problem is I still have very low SP since I'm still new.  I wonder also how I can be delegated with SP.
properties (22)
authorlong888
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171022t062014414z
categorybusy
json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@masterthematrix ·
$0.34
Very interesting Project it sounds like a great future for the open source community!!!
👍  , ,
properties (23)
authormasterthematrix
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t174512693z
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vote details (3)
@coolkidapproved ·
Agreed! Love the idea, bookmarked and as soon as I as I start earning some Steem I will be back to contribute!
properties (22)
authorcoolkidapproved
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@promita ·
wonderful comments
properties (22)
authorpromita
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json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@masterthematrix ·
$0.33
Very interesting Project it sounds like a great future for the open source community!!!
👍  
properties (23)
authormasterthematrix
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t175532288z
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vote details (1)
@materia ·
Thanks for this, I just delegated 2500SP. However my wallet now says that there are 2500SP delegated 'to' me, instead of saying they are delegated to the Utopian account. Is that right? Also i don't see options to take the delegation back?
properties (22)
authormateria
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categorybusy
json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@mintu13 ·
I get to understand about delegating steem power here...tnx
properties (22)
authormintu13
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t150849144z
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json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@moorkedi ·
Is there any free slot ?
properties (22)
authormoorkedi
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t151856450z
categorybusy
json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@nicholas83 ·
I have been waiting for this for a while. Thanks.
properties (22)
authornicholas83
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171022t090410217z
categorybusy
json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@paulmoon410 ·
Because famous and rich people got it... it then became a problem. Feel me
properties (22)
authorpaulmoon410
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@princeso ·
I get to understand about delegating steem power here.  Thanks for sharing this information.
properties (22)
authorprinceso
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t143920805z
categorybusy
json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@progressivechef ·
This is a no brainer for us now...looking at how much SP have already been delegated there is just amazing, already +470000! 
Thanks so much for giving such a clear explanation making us aware of this awesome project.
I will surely follow closely now on.
Thanks again!
properties (22)
authorprogressivechef
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t144902537z
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json_metadata{"tags":["busy"],"app":"steemit/0.1"}
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@promita ·
wonderful
properties (22)
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@redwan07 ·
Thanks for delegating to that project.
properties (22)
authorredwan07
permlinkre-cryptoctopus-why-i-delegated-25000-steem-to-utopian-io-20171021t151640889z
categorybusy
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@resteemia ·
https://steemitimages.com/0x0/https://steemitimages.com/DQmeBe5JPhCmtkakTJakUTQsNmQAm2NcpW9YYqY1SynMff2/Screen%20Shot%202017-10-17%20at%2021.09.36.png
you delegated more than @elear. it says you are really interest about this development. impressive review **@cryptoctopus**

@resteemia
https://steemitimages.com/DQmSQtVupnXPS6yCDFdATn6eDMytuVKKFaSjGC5ELt3Zvym/Signature1.jpg
properties (22)
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@rival ·
Thx, I decided as little minnow to also support them. So I could only do a little bit. I hope it will be a great suc6. And I hope that I as witness will be seen more.. thank you for this post
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@rksumanthraju ·
Powerful idea !!!
👍  
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vote details (1)
@rocketsteem ·
This really is a huge thing for the open source community. I look forward to this!
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@samymubarraq ·
Proud of you, brotha. 
May god blessing yo
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@sircork ·
I dropped a modest delegation into it myself this morning, after seeing this post when you first published it. I also did a tiny bit of moderation there as well, and plan to do more of both.

Good stuff. Thanks for bringing it to my attention.

Yours in Service,
@SirCork
Witness #98
Founder @YouAreHOPE - the steem powered worldwide humanitarian aid organization bringing Help, Opportunity, Purpose & Empowerment to disadvantaged people in economically distressed locales, all around the Earth we all share.
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@slowwalker ·
good luck 
I wish you a success.
I am also thinking now
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@st3llar ·
Way to go! This project will definitely boost the open source community.

Thanks for sharing.
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@steemwija ·
@cryptoctopus - Sir, as always you made a perfect review about Utopian... Actually I heard about this before.... But I had no idea what kind of application is this... You cleared my doubts & I can feel the power of this concept... Thank you very much Sir.... You always help the community... Therefore, you delegated 25000 SP.... Love your work & nice you decided to share your experience Sir.... Therefore, I wish to ReSteem your post.

+W+ [UpVoted & ReSteemed]
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@stokjockey · (edited)
$0.02
@cryptoctopus Thank You for explaining in detail how this works with delegating SP. I can now see all the different ways that STEEM is so beneficial for making STEEMIT even better and better.
👍  
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vote details (1)
@sumonpra ·
wish you a success
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@talanhorne ·
Sometimes it's nice to be reminded that Steemit is not just about individuals getting paid for blogging.

It can also be about crowdfunding. Or even fundraising. The community gives you a boost.

https://68.media.tumblr.com/53a47bd40820bf74d6f845567f4c1bd3/tumblr_orxvcyoJ8U1w6ti6uo1_500.gif
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@team101 ·
This looks to be an awesome project.  All the best to you and all involved.
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@techslut ·
I am sold. Delegated 1000 SP to utopian.io .
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@theaustrianguy ·
Sounds really interesting :) Maybe I should delegate 1000 (approx. half of mine) as well :) Will look further into this project later. Thank you for sharing!
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@thecryptotrader ·
$0.19
Cause he deserves it, and the dev is a really good person!
👍  
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vote details (1)
@theguruasia ·
@cryptoctopus,
@javybar said he delegated 10,000 SP few days back! So, you are the 3rd most SP delegated person now! Great work and it's a good way! I mean it's a delegation, and you lend the power only! No real investment is going on! So better way to earn  without a risk and it helps the project to build also!
Thank you very much for sharing this great news with us!

Cheers~
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