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Thoughts on Using @OCDB and Why I Will Continue to Do So by newageinv

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@newageinv (edited)
$4.93
Thoughts on Using @OCDB and Why I Will Continue to Do So
<center>![Screen Shot 2019-04-29 at 8.18.51 PM.png](https://cdn.steemitimages.com/DQmbiL5FUxc1t6AoxVvs8ffdpVwk4DuBTKXfyWcY3Gv6ePE/Screen%20Shot%202019-04-29%20at%208.18.51%20PM.png)</center>
<center>[Source](https://thegoodwhales.io)</center>

<div class=text-justify>Just like I did almost a year ago, I wanted to review my latest experience of using a bot.  This time, I will review a special type of bid bot called @ocdb which is made to benefit the community to both promote and profit from the bid process as well as become a contributor to a broader community that delegates for a return on investment.  The close ties to @ocd which add value with the active curation is another way the community gathers and provides ways to add value and promote active engagement across the ecosystem.<p>

I have been reading about the community for months and had been hesitant as I have come to believe that anything too good to be true probably is.  However, after reading other reviews and no actually experimenting with the process, I can say that this is a great way for Steemians to add value to their content and the supporters they atttact to the ecosystem. I will avoid going into the discussion on bid bots in general and instead focus on why I believe it is a great tool for many and why (and how) I will continue to use it.

Unlike a bid bot, the @ocdb bot will provide you an upvote that will provide a 10% return on your transfer all things being equal.  Important to note that it is given the amount received at the value of the currency transferred at that point in time.  Like many concepts in cryptocurrency, prices are volatile and you can never guarantee the price wil be what you expect when exchanging in a future period of time.  However, the days of trying to game the bots to profit on bids is essentially over as there are no formal bids here; your vote will be put on a queue which is displayed on the website with the expected remaining time for the upvote.  This timing is due to the fact that the bot only votes when it reaching 100% of its Voting Power.  However, this is a part of what adds value as not only does it provide transparency regarding expectations, but it also provides the opportunity for curators to front-run votes of a bot that could provide returns in itself.

*I was fortunate enough to be whitelisted and become part of this community recently so please feel free to add or provide feedback if I have left anything out of am missing anything in any part of this post as I go into some of the interesting metrics of the results.  I used the great website by @steemchiller steemworld.org for my figures presented below.*

I truly believe that content should be promoted when it is content that is informational and/or adds some type of value to the ecosystem.  I chose to use my weekly #introduceyourself post as my guinea pig for this experiment as I believe that any initiative to motivate and promote new users is a great one to add long term value to the community.  It has been a cornerstone of my content for over 30 weeks and has provided me with great engagement from the community over time. I decided to send 20 Steem for the promotion which at the time was value at approximately $8.37.  It immediately went to the queue where it would be upvoted about 22 hours later.

<center>![Week 32 Votes.png](https://cdn.steemitimages.com/DQmNtYDDCVAXt4NakidTx1xAaeEEuJkUo8r9atj8Jw3vG7w/Week%2032%20Votes.png)</center>

As seen, the driver of the value of the post was the upvote from @ocdb with an upvote value of $10.47.  This is materially more than the $8.37 (20 Steem) transferred as the bot takes the payout of curators into consideration which approximately 25% of the payout.  This is where I think this becomes a great community project as it is an opportunity for supporters to get more value for their support!  I honestly did not even calculate my Return as the thought from my side is how this rewards my supporters whom have consistently been providing motivation for me to remain consistent.  That is what I would like to focus on here.

<center>![Week 31 Votes.png](https://cdn.steemitimages.com/DQmV3dPjs8Qp3kZTGdMksdRKJAjQLtPpMfdAEb75zYeGuXW/Week%2031%20Votes.png)</center>

The prior week鈥檚 post is what I would consider a normal payout for this weekly content I have been consistently engaging with for months. There was no significant upvotes provided so it was a great selection to compare with the @ocdb promoted post the following week.  While results will always vary considering the algorithm of the protocol due to timing, I think the comparisons will demonstrate the value added of the promotion.  While the upvote from @ocdb is not the only variance, most of these upvotes have been consistent for me as of late. I want to focus the comparison on two curators to highlight the difference they get from the promotion.

I will start with @abh12345 which is an active curator whom I have been luckily to cross paths with many times. He voted both posts with the same value of $0.04. However, his curation reward measures in SP went from 0.039 to 0.111 which is a substantial increase for no changes in effort. When I use approximate payout value based on estimated Steem prices at payout, that provided @abh12345 an increase in return as well.  The return on the $0.04 vote was 42% but went to 94% the week of the promotion!  He seems to be a curation genius!

<center>![Screen Shot 2019-04-29 at 8.24.58 PM.png](https://cdn.steemitimages.com/DQmSwPrssvfX2qMH1WG9YzVBi9B7HyinkXHA3raEN2Nk5KP/Screen%20Shot%202019-04-29%20at%208.24.58%20PM.png)</center>

Another user I want to highlight is @curatorhulk which I have been lucky enough to get support from recently.  His votes slightly varied week over week as it went from $0.83 to $0.75.  However, the curation reward also benefited from then promotion as it went from 0.487 SP to 1.064 SP.  This represented a consistent increase in returns for the curators from 25% to 48%.  However, interestingly the return was less than the genius @abh12345.  I believe this may be due to the timing of the votes but ot is interesting as it could lead to questions regarding thr effectiveness of stake versus timing and proof that curation is actually working (no intention to stir a debate).  

It seems that the experiment that was originally put in mind by @revisedsociology has been successful in that using the @ocdb bot proves to be a great way to incentivize my supporters. The question would then be, what is in it for me? I believe that the profit being guaranteed is good but what I enjoy seeing is that I can use my liquid Steem and SBD to further grow my Steem Power by gaining a higher margin by investing in the vote.  So instead of converting and powering up, liquid Steem and SBD can be used to get an additional 10% for powering up.  With the benefit extending to supporters, it is a great situation for all those involved!

This is how I get to my thought of using it more consistently in the future.  I have seen that more users on the whitelist are using it often which is a great sign for the community. My thought is to use it when I have extra liquid Steem or SBD for posts I believe add value to the ecosystem.  In addition, I will disclose on the post when I will use it in order for curators to benefit from the increased rewards possible as demonstrated.  This could be one of the missing tools I have been waiting for to add more efficiency to my building of Steem Power without taking away from others. Look forward to future thoughts and feedback! Thanks!</div>

<center>https://cdn.steemitimages.com/DQmex9uCLNgwTXDbBMDD9QYRFh8CmBJrGdwjy9UKko9fgHq/newageinv.gif</center>

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<sub><sup>DISCLAIMER: The information discussed here is intended to enable the community to know my opinions and discuss them. It is not intended as and does not constitute investment advice or legal or tax advice or an offer to sell any asset to any person or a solicitation of any person of any offer to purchase any asset. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or asset by me. There are inherent risks in relying on, using or retrieving any information found here, and I urge you to make sure you understand these risks before relying on, using or retrieving any information here. You should evaluate the information made available here, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, product, service or other information; I do not guarantee the suitability or potential value of any particular investment or information source. I may invest or otherwise hold an interest in these assets that may be discussed here.</sup></sub>
馃憤  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 11 others
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vote details (75)
@abh12345
$0.05
Thanks for checking up on this for me, it seems my timing is good for your posts (although now it's been highlighted I think it will be less so as others could move their vote time!)

I'm also starting to use OCDB more aggressively with varying amounts depending on how I feel my posts are quality/interest wise.
馃憤  
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vote details (1)
@newageinv
I didn鈥檛 get that deep into the curation part but it gets more interesting everytime I do look at it.  I need to start thinking about optimizing a bit more!

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
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@anonyvoter
Hi and welcome here! When I started on steemit, my biggest problem was to find interesting people to interact with. So, to help newcomers getting started I created a directory with other interesting and or talented steemians to follow or interact with. Feel free to check it out at [https://www.steemiandir.com](https://www.steemiandir.com/) I am sure it will help you find like-minded people. Enjoy your stay here and do not hesitate to contact me if you have any questions!
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@bitbrain
$0.06
Thanks for the review. While I don't like bots I principle, I must say that  I've come to like the one I use (ShadowBot). I think that used correctly they can help the community - instead of how they are normally used to the opposite effect.
馃憤  ,
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vote details (2)
@newageinv
Agreed! Seeking value creation shoukd be our goals when we allocate resources! Right now, the community is our best asset so we need to foster it.

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
馃憤  
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@cryptoindex
It is during our darkest moments that we must focus to see the light
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@huseyinunozkan16
$0.03
A perfect sharing from you. Thank you for this valuable post. Curation incime is very important for new users like me. I will look for joining this community. Thank you again

Posted using [Partiko Android](https://partiko.app/referral/huseyinunozkan16)
馃憤  
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vote details (1)
@newageinv
It is a great feature here and in the long term will provide a great win/win scenario to community participants!

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
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@jongolson (edited)
$0.05
how do you get whitelisted there? i鈥檝e been here since december 2017 and i don鈥檛 think i鈥檝e been curated by them? is there something i should be doing or looking into more?

i do plead a bit of ignorance though. i haven鈥檛 looked into it much but will do so because of your post man. thanks for the insight.

(edit: i am whitelisted apparently lol i had no idea. time to do some research now lol)
馃憤  
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vote details (1)
@newageinv
LOL!  I just checked and saw you there!  It sort of just happens!  You should catch up with some of @acidyo鈥檚 older posts or head to the Discord.  They are always looking for community members to help curate!  

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
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@jongolson
$0.12
man i suck. ya you are right. i鈥檒l poke around there tonight. thanks for the heads up. 

Posted using [Partiko iOS](https://partiko.app/referral/jongolson)
馃憤  , ,
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vote details (3)
@mihirbarot
$0.05
This 25% to 48% increamentt in curation you are talking about the raise in curation rewards right. So basically if i will calculate from 100SP for curation trail how uch can be ROI in terms of annually ?

Posted using [Partiko Android](https://partiko.app/referral/mihirbarot)
馃憤  
properties (23)
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vote details (1)
@newageinv
This was a calculation that I made to measure the curation reward amount (converted to USD value at the time of payout) divided by their upvote value.  In theory it is not a return as an upvote is only really an opportunity cost but thought it would show a similar concept.

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
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@newageinv
Note:  I was having trouble posting this tonight and after I did it seemed to have included the #introduceyourself tag due to me mentioning it in the text.  Sorry for any confusion this may have caused!

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
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@partiko
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let鈥檚 change the world!
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@steem-ua
#### Hi @newageinv!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 5.418 which ranks you at **#702** across all Steem accounts.
Your rank has improved 16 places in the last three days (old rank 718).

In our last Algorithmic Curation Round, consisting of 195 contributions, your post is ranked at **#15**.
##### Evaluation of your UA score:

* You've built up a nice network.
* The readers appreciate your great work!
* Great user engagement! You rock!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
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@steemitboard
Congratulations @newageinv! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td>https://steemitimages.com/60x70/http://steemitboard.com/@newageinv/comments.png?201904291046</td><td>You made more than 12000 comments. Your next target is to reach 13000 comments.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@newageinv) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=newageinv)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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@steemladder
Welcome to Steem!
<center>
Welcome to Steem @newageinv. <br/><br/>Do read [A thumb rule for steemit minnows - 50:100:200:25](https://steemit.com/steemit/@steemladder/a-thumb-rule-for-steemit-minnows-50-100-200-25) for starter tips. <br/> <br/>Spend time reading [Steem Blue Paper](https://steem.io/steem-bluepaper.pdf) to know how Steem blockchain works and if you still have any queries ask them on our [Ask me anything about Steemit post](https://steemit.com/steem/@steemladder/there-are-no-dumb-questions-ask-anything-you-want-to-know-about-steem-blockchain) and we will try to answer that.<br/><br/> You can earn Steem rewards for reading and sharing your insights using our [Highlights Extension](http://bit.ly/highlights-extension)<br/><br/>All the Best!!!
</center>
馃憤  
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vote details (1)
@tramelibre
$0.03
Greetings @newageinv.
<p>
Excellent information, thanks for sharing.
<p>
I have learned a lot with your publications.
馃憤  
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vote details (1)
@newageinv
Anything that helps!  Thanks!

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
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@treepi
$0.05
How can I get on the ocb whitelist?
馃憤  ,
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vote details (2)
@newageinv
@acidyo often posts a place where people can be nominated but there are also those in the community that can nominate you at almost anytime.  The community is still small but building to expand and help the recognition of it.  It will eventually happen as long as you remain consistent and honest on your content.

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
馃憤  
馃憥  
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vote details (2)
@treepi
Gotcha. Wasn't sure if that was how it worked or if I was just missing the sign up link lol

Posted using [Partiko Android](https://partiko.app/referral/treepi)
馃憤  
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vote details (1)
@tts
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/newageinv__thoughts-on-using-ocdb-and-why-i-will-continue-to-do-so.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
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