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Change In Steem Distribution Levels 7/7/19...We Keep On Growing by taskmaster4450

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· @taskmaster4450 · (edited)
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Change In Steem Distribution Levels 7/7/19...We Keep On Growing
I decided to do this report every other week.  After doing it weekly for so long, I found there is simply too much going on to post about.  

Each week I put together a post that broke down the number of accounts that were present at different levels. Here was last week's post.

https://busy.org/@taskmaster4450/change-in-steem-distribution-levels-6-23-19-we-keep-on-growing

This was motivated by a breakdown I came across about Bitcoin wallets.

Knowing what the distribution of STEEM is important. However, finding out the pace of the change is equally as valuable. Since this is a process I just started, it will take a bit of time to figure out the exact pace. For now, we are establishing a baseline of which to compare.

I use the data provided by Steemitboard put together by @arcange.

![image.png](https://ipfs.busy.org/ipfs/QmcXbVuoTcKQH3Wjv6DVq47mAFqMP8EDq9pssNsC9aeUhx)

The idea is that Steem needs to keep adding depth. To be a thriving blockchain, we need users. That said, I do not feel that total accounts is a good barometer. Yes, it is the starting point but we know there are a lot of accounts that sign up, do a couple clicks, and then depart.

To me the starting point is the number of total accounts that earn a single SP. The reason I feel this was is two-fold. First, each new account is someone who did something to earn STEEM. Somehow, the STEEM got into the account and was powered up.

The other reason is because we are expanding the amount of people who have some form of crypto. This is vital for the industry in general. We need more people, overall, to engage in cryptocurrency and new accounts gaining SP is a good start.

Obviously, we cannot determine if every new account is a separate, new person but we can presume a large amount of them are.

Here is the chart with the comparison from a week ago to today along with the number from when I first started this.

![accts.png](https://ipfs.busy.org/ipfs/QmVwqPwHSMASpCge9Xv1zbPTcWWDaYmgZJsjQjUSFFgpWD)

The "Difference" is the number of new accounts that reached each level throughout the weeks. We see two columns, one for last week and the other for this week.
From these numbers, we also see the depth of distribution going deeper. At the same time, more accounts are moving up the scale to higher levels. This is exactly what the ecosystem needs.

Another chart I created was the percentages at different levels for the accounts that did achieve at least 1 SP.

This chart is from November 25th.

<center>![image.png](https://ipfs.busy.org/ipfs/QmW8opEXq5w3pYCkSQp3QRK9wBN2bQ2fwfb7RgzS5yxk33)</center>

This chart shows that of the accounts that get at least 1 SP, 45.12% go on to get 10 SP. Following down the column, .84% of all accounts that get a single SP end up reaching Dolphin status (5k SP).

The next column does the same. Of all that accounts that 10 SP, 21.22% go on to get 100 SP.

And so on.

Here are the numbers today.

![accts.png](https://ipfs.busy.org/ipfs/QmNhUStbkxNdwdqprzVcjMqZm65YFBy8hehvR9uH8xo5QF)

The goal is to see the pace of accounts reaching these levels increase over time. As the number of applications on this blockchain grow and the amount of people using the applications expands, we should see the entry level, 1 SP, increase. Of course, this will require the applications onboarding users themselves which is starting to take place albeit on a minimal scale.

We all would love to see these numbers triple overnight. That aside, as long as we see progress each week, we know things are moving ahead. The pace might not be where any of us want it yet we can see, slowly, the ecosystem is growing.

___
*It will be interesting to see how things change with the shift toward other tokens and the applications.  Will it cause this chart to expand at a faster pace or slow things down.  I believe that, ultimately, STEEM ends up as a back end token while people focus upon earning other ones that are created on top of this platform.*

*The last could weeks are fairly consistent.  We are still topping 200 accounts with at least 1 SP each week.  The 10 SP accounts are consistent also surpassing 120 each week.  We see the other categories having an ebb and flow to them.  This is fairly common.*

*My belief is that there will be a massive explosion at some point in these numbers.  The on-boarding situation will not be a problem forever.  At some point, we are going to see it solved while we gain massive attention.*

*With expansion should come greater penetration into the online world.  This will attract users in bigger numbers at some point.*

___
If you found this article informative, please give an upvote and resteem.

![image.png](https://ipfs.busy.org/ipfs/QmPvBkjBFuAKHQR7MacQ1679NryWNG5ZexgaPZdUmTo4so)


![image.png](https://ipfs.busy.org/ipfs/QmYRwbaYkV7kubaAqefvGi6kxW25EdzUdZRP8XWsRWXKTj)
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vote details (154)
@movingman ·
I have witnessed now 2 new people who i got them onto Actifit, start with nothing and do something like 2 weeks and then forget to use it.. I checked their wallets and they have accumliated  over 10sp from just the 'honeymoon' period of being a brand new user to steem and blockchain apps, before they got distracted etc like most do.

Since rewards are just in sbd and sp, this must also (help?) young accounts to stack some SP. Steem is a perfect cyrpto the way it can be used with no initial investments.

Posted using [Partiko Android](https://partiko.app/referral/movingman)
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@guruvaj ·
Its sure is.
New users tend to be distracted easily.

Posted using [Partiko iOS](https://partiko.app/referral/guruvaj)
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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’s change the world!
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@steemitboard ·
Congratulations @taskmaster4450! 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/60x60/http://steemitboard.com/img/notifications/postallweek.png"></td><td>You published a post every day of the week</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@taskmaster4450) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=taskmaster4450)_</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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@trufflepig ·
**Congratulations!** Your post has been selected as a daily Steemit truffle! It is listed on **rank 17** of all contributions awarded today. You can find the [TOP DAILY TRUFFLE PICKS HERE.](https://steemit.com/@trufflepig/daily-truffle-picks-2019-07-08) 
    
I upvoted your contribution because to my mind your post is at least **5 SBD** worth and should receive **162 votes**. It's now up to the lovely Steemit community to make this come true.

I am `TrufflePig`, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, [you can find an explanation here!](https://steemit.com/steemit/@trufflepig/weekly-truffle-updates-2019-27)
    
Have a nice day and sincerely yours,
![trufflepig](https://raw.githubusercontent.com/SmokinCaterpillar/TrufflePig/master/img/trufflepig17_small.png)
*`TrufflePig`*
    
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