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Introducing: SmartPoints by smartsteem

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· @smartsteem · (edited)
$29.10
Introducing: SmartPoints
Greetings Steemians,

as you might know, we [recently announced](https://steemit.com/smartsteem/@smartsteem/manual-curation) that we're going to start manually curating posts on Steem.

<h2>Curation for #NewSteem</h2>

We've been curating for a few days now and even added a custom comment yesterday that we're posting under each curated post, so users know that the author didn't just buy the vote, but was actively selected for curation. *(Later today, we will release a post, where the curated posts will be shown and where we'll publish our curation ethos)*

So far, it's been very refreshing to support the community directly as well as people bringing value to Steem, by using proof-of-brain to give out rewards.

We're planning to focus mainly on curation with the Steempower we have currently been delegated to by delegators.

This, of course, creates a problem with lower payouts (possibly even none, with 100% curation) since we're not powering down and sharing the curation rewards.

<h2>The Reason Against Curation Sharing</h2>

The reason we ultimately decided against the route of powering down and sharing the curation rewards, is not because we just want to profit from it, not at all. It is primarily because managing the accounting for crypto is already complicated and adding curation rewards sharing with 13 weeks powerdown is a bit too much for the current situation.

This might change over time, as we've got more time on our hands after the re-release of Smartsteem.com. But what's the alternative until then?

<h2>Introducing: SmartPoints</h2>

> What are SmartPoints?

**SmartPoints** is a token (not a SE token) that is going to be distributed at 3 PM UTC every day to delegators, *(distribution will also be published to Steem blockchain for transparency)* at a rate of `delegated_steempower / 1000 `. Example: Bob delegates `10,000` Steempower to @smartsteem and will receive `10` SmartPoints daily.

These SmartPoints will not be tradeable at first (might be in the future) but instead will function and can be redeemed in different ways.

<h3>1.) For Smartsteem Services</h3>

We're currently redoing Smartsteem.com completely and this will also include new tools & services, which will be fuelled by SmartPoints.

<h3>2.) For Other Projects</h3>

The goal with Smartsteem was it always to build something with revenue, that can function as a fundament to bootstrap other projects.

So far, this has been a great success and we're planning on implementing SmartPoints to be redeemed for other goods on these new projects, where you can then benefit from being an early adaptor of these projects and a supporter of Smartsteem.

<h2>Closing Thoughts</h2>

Those are the two main ways we plan on giving value to SmartPoints, but more will most likely be added over time. Of course, we're not able to guarantee that SmartPoints are definitely going to have a value. But we love blockchain technology way too much to stop with Smartsteem. Again, this is an incubator for many great things to come and we hope you'll join us.

We're going to keep you updated on changes and should have implemented the display of SmartPoints on Smartsteem.com later today.

Last but not least, we want to thank everyone for the positive response on our recent changes and we hope that you're seeing how sincere we are about changing our business model for #NewSteem.

Sincerely,
*Team Smartsteem*

*PS: The first distribution of SmartPoints happens **today**!*
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vote details (187)
@alexvanaken ·
Cool initiative! It would also be cool if people selling votes thru smartsteem.com could also earn smart points since they are also adding reward liquidity to the platform!
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@smartsteem · (edited)
$0.09
Good thought! We'll think about that, but our goal is to shift away from promotion towards curation, which also means vote sellers.
👍  
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vote details (1)
@travoved ·
Will it be announced if you decide to refuse from vote selling?

Posted using [Partiko Android](https://partiko.app/referral/travoved)
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@angryman ·
Thank you @smartsteem staff/curators for recently selecting my post/s for up-voting with your new *free* manual curation project; this certainly helps to off-set any potential revenue loss from the new 50/50 split and encourages sustained content creation.


I'm aware that you *know* about @ oracle-d *seemingly* following your trail with down-votes since @therealwolf has already submitted an inquiry to the account's operator; but, I just thought I'd mention it for more eyes to see :>)
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@boosta ·
Can you please explain why did you remove reward from one comment under my post.  I can't reward my commenter or what? 
Am I too generous? Did you set the amounts? Do we need to pay to @smartsteem for promotion?  Thank you.

https://steemit.com/investors/@katteasis/pxau4m
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vote details (16)
@smartsteem ·
We would appreciate it if you wouldn't hijack the comment sections of our post with off-topic discussions. If you would like to discuss with us why we've downvoted the comment, join us on discord:  https://discord.gg/vSD7xgs

We also ask you kindly to remove your self-vote on this comment.
👍  
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vote details (1)
@boosta ·
Seriously, guys, this is #NewSteem? Congratulation! Let us send the invite to all investors. Rule 1: You can't upvote comments with your SP and under your post.  Thank you!
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vote details (9)
@brandonk ·
You guys were always so great to me, I think I will earn smartpoints but I must reduce my delegation in that I want to provide value to my posts for the moment. Definitely trust you guys will do quite well with this new initiative... thanks for the good times, and oh were they good!
👍  
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@smartsteem ·
No problem! We think that big stakeholders might find the idea interesting to earn something else than STEEM for diversification purposes.
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@edwardstobia ·
Perfect! I am very pleased to read this and will delegate 10,000 Sp
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@edwardstobia ·
I'm trying to do the delegation and I don't understand  
![Captura.PNG](https://cdn.steemitimages.com/DQmSqGfpYgKZwWTWhkEDJgivVZJrTTZ6FBUerCToM2GCiDo/Captura.PNG)
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@smartsteem ·
Please join our discord: https://discord.gg/vSD7xgs
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@brandonk ·
Question, will buying SteemMonsters packs now earn us smartpoints as loyalty rewards? I assume yes just clarifying :)
👍  
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vote details (1)
@eugelys ·
Great news!
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@goldmanmorgan ·
i see ... sorry to hear that , i'm not rich enough to be maecenas so im afraid most of the delegation to smartsteem will have to go until it can return. I'm not here to make other people rich after all ... good luck with the project
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@good-darma ·
How do you delegate steem power to smartsteem ?
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@smartsteem ·
There are multiple options:

1.) Login to Smartsteem.com and then head over to https://smartsteem.com/settings/delegation

2.) Use https://steembottracker.com/delegation.html
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@good-darma ·
Ok,  I have delegated my 200 steem power, hopefully smartsteem will continue to triumph in terms of keeping the large steem community in a higher direction.
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@imawreader ·
I was writing my reply to you guys for selecting and curating my post that I decided to see an look at what it's about before hitting that reply button. 

I am thankful to you guys for doing this initiative to support Steemians without them asking for it because we really do feel appreciated and that we belong in the community. To starters and the ones who aren't getting enough recognition like me, it so rewarding to have someone appreciate your work.

I strongly believe that you've just gave Steemians the reason to stay and embrace the community. For that, I am very grateful. 😊
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@jodipamungkas ·
Great iniciative and happy to heard this news 👍
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@oneshot ·
I've noticed a drastic reduction of delegation profits (about 1/2) after new #hf. What is this due to? #hf by itself... ? New smartsteem policies... ?
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@smartsteem ·
This happened due to 3 main reasons:

1.) HF21 & increased downvote frequency => fewer people buying promotion
2.) HF21 & 50/50 => lower author rewards => lower delegator payout revenue
3.) Downtime due to bugs in HF21/HF22 => no votes going in/out => no revenue
👍  ,
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vote details (2)
@misterc ·
I have noticed the same. I delegated over 6000SP and received  about a half Steem yesterday. Will the revenue be climbing up again in the future?

Posted using [Partiko Android](https://partiko.app/referral/misterc)
properties (22)
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@planetoceana ·
I only care about steem. How much steem I get right now depending on my condition. I wonder if you offer more than your competition.
properties (22)
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@smartsteem ·
If you care about getting as much Steem as you can **right now**, then SmartPoints is not right solution for you. It's more of a longterm diversification strategy.
properties (22)
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@project-goblin ·
can smartpoint use to buy promotions
👍  
properties (23)
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vote details (1)
@realboy ·
@smartsteem sir why are you downvoted my post i am very poor person please do not do it remove your downvote
properties (22)
authorrealboy
permlinkpxazjo
categorysmartsteem
json_metadata{"tags":["smartsteem"],"users":["smartsteem"],"app":"steemit/0.1"}
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@shinersfamily ·
I cant wait to use the smart points tokens

Posted using [Partiko Android](https://partiko.app/referral/shinersfamily)
properties (22)
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@slickhustler007 ·
Thanks for this clarity because I had begun to think that I wasn't receiving my daily payouts. I'm curious to see how this work out as im waiting to see the changes before I delegate more steem power. Again thanks for the information.
👍  
properties (23)
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vote details (1)
@spectrumecons ·
Kudos to you guys for making changes to adapt to the new environment.
properties (22)
authorspectrumecons
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json_metadata{"tags":["smartsteem"],"app":"steempeak/1.15.4"}
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@smartsteem ·
$0.09
Thank you! It's a long time coming, but sometimes a small push is necessary to kickstart changes.
👍  
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vote details (1)
@stayoutoftherz ·
Is it possible to track how many SmartPoints one has accumulated?
properties (22)
authorstayoutoftherz
permlinkpxbu6v
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@smartsteem ·
Yes, on your [Dashboard](https://smartsteem.com/dashboard).
properties (22)
authorsmartsteem
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json_metadata{"tags":["smartsteem"],"links":["https://smartsteem.com/dashboard"],"app":"steemit/0.1"}
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@steemitboard ·
Congratulations @smartsteem! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@smartsteem/comments.png?201909041237"></td><td>You made more than 800 comments. Your next target is to reach 900 comments.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@smartsteem) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=smartsteem)_</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!
properties (22)
authorsteemitboard
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json_metadata{"image":["https://steemitboard.com/img/notify.png"]}
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@tegoshei ·
It was nice using your service. :) I think this is a good decision... I mean to manually curate. I'm curious, though... What kind of posts do you usually curate? Do authors have to use a certain tag so there's a possibility for your curation? Have a great one! ^^
properties (22)
authortegoshei
permlinkpxc2qz
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@smartsteem ·
We're still figuring out where to go from here, but generally speaking, we're curating content that is valuable for Steem. Whether it's about retaining users who continuously put in the effort to improve this place, about development efforts or simply about really great high-quality posts.

You can take a look at our curation votes here: https://steempeak.com/@smartsteem/trail
properties (22)
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@tegoshei ·
I see... :) Thanks for the response. ^^ I'll check out the link. (^_^)v
properties (22)
authortegoshei
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@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/smartsteem__introducing-smartpoints.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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vote details (2)