| json_metadata | "{"app":"musing/1.1","appTags":["Blockchain"],"appCategory":"Blockchain","appTitle":"What are the benefits of bid bots on steem blockchain?","appBody":"<p>Since you are asking about the benefits of Bid bots I will cover them first:</p><p> - They give smaller accounts a chance to get seen by more people (by boosting their posts to 'hot' or 'trending'</p><p> - In the past they were profitable, and pretty much all votes from bidbots gained a positive ROI - however, now it is becoming less and less profitable.</p><p> - Bots give large investors a reason to invest in Steem - as they offer incentives and benefits to their delgators.</p><p>Now for the bad news:</p><p> - Bots are ripe for manipulation (especially those with no quality control or blacklist), as people can just post any crap and pay for it to go to trending</p><p> - It becomes harder to evaluate the quality of content on Steem, becuase more and more of the posts have been artificially inflated.</p><p> - It warps new users perceptions of how much $ can be made on Steem - I remember joining Steem and being amazed at how much the posts on trending were making (not knowing that half of the votes were paid for, and that value wasnt profit!).</p><p>So although there are some benefits from using bots on Steemit, I dont think they are enough, and I think that they will die out over time. There are more and more great dapps coming out and thus more competition for our delegation</p>","appDepth":2,"appParentPermlink":"f32jpc785","appParentAuthor":"saburisaburi","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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