You are viewing a single comment's thread from:

RE: Increasing the prize pool of Travel writing contest No2! [Fundition.io]

in #en5 years ago (edited)

As I already mentioned to @nickyhavey, I would like this Travel writing contest to become a much bigger thing. Right now I am thinking about the future prize pool. I have limited resources of Steem so I can not increase the prize multiple times so I am thinking about alternatives. For example, the 1st place winner could get STEEM, but 2nd, 3rd, etc. could get something else. :)

Sort:  

Steembasicincome could be a nice alternative as well for prizes, that way you can still give prizes out but you won't decimate your own steem holdings as you and the winners will get an upvote for life from sbi on whatever you post.

Posted using Partiko Android

It's a bit shameful to confess, but I do not know what @Steembasicincome is. :D I'm like a caveman. However, I'll do the research sometime soon.

In short, steembasicincome is like a sponsorship programme. You send 1 Steem (or however many you want) to @steembasicincome then in the memo, put one username you would like to sponsor (can't be you).

You and the person you sponsor get an sbi share/unit for however many steem you send. This is worth about $0.003 per share.

Then you both will get an upvote depending on how many sbi shares/units you have, every time you post... For life.

It's a great investment and I've built up to around 400 shares so have around $0.07 upvote per post (I post daily so it averages out per week).

It's pretty cool, I like it 😁

Posted using Partiko Android