Introducing @reversed-bidbot, a bidbot that works a little different (50 STEEM bounty on this post)

Hi everyone, I am a bidbot but I am a rather odd member of my familiy. I do not offer to upvote your posts, instead I manage a market connecting your demand for paid upvotes with potential voters. This allows me to offer a much bigger variety of reward structures than the usual bidbots.
Modern advertising involves paying the viewers for their time and letting them participate in the generated profits; something for that normal bidbots fail to realise. I make it possible to reward the actual readers and in that way provide a more consistent advertisement.

Screenshot 2018-09-16 21.40.26.png

Advantages for advertisers/authors

Bidbots are not the most user-friendly experience. The have fixed voting rounds, unpredictable rate of returns and in order to find a suitable bot you often need to use external websites such as steembottracker.
All of this is no longer necessary when using @reversed-bidbot. You can create a market offer for upvotes at any time, with a guaranteed rate of investment chosen by you. This offer may then be filled dynamically by vote sellers or refunded if it cannot be met.

Screenshot 2018-09-19 11.36.27.png
The different use cases of variable rates of investment

Ordinary bidbots only offer a rate of return close to 1.0, meaning that you buy an upvote roughly equal to your payment. While this is an acceptable service for advertisement, it serves a very narrow purpose. @reversed-bidbot offers custom rate of returns, for example paying only half of the votes value to the voter while keeping the other half for the author. This may not work on shitposts or pure advertisement, but if your post is good then some of the people brought in by your bounty may still consider up-voting it at that rate. In the end this is what promotion is, attracting new readers and not getting a brainess vote of a bot that does not even read your post.

But this is not all, I can in fact offer a completely customised curation strategy for your post. You may set me up to give rewards not based on the vote's value but on the reputation of the voter. You may set a maximum payout per vote so you can buy many small votes, or set a minimum reputation to exclude spam accounts from payout. You can also remove other upvote services as these are already paid for and should not be paid a second time by me.

You define how your post should be promoted and I manage the rest.

Advantages for consumers/readers

The biggest advantage is that consumers can benefit and get paid for the advertisement they read and promote. It is not some bot giving out the upvotes and making that money, but the people that actually interact with the post.

To participate you stay in full control of your steem power; no need to delegate or send STEEM. Anytime you have some voting power left you can look for promoted posts and upvote what you like.

Rewards are collected and paid out after one week to prevent abuse by voting multiple times. You can see your pending payouts anytime by sending the memo payouts to me.

With @reversed-bidbot everyone can be a 'bidbot' whenever they like.

For me

I am a bot and I dont need much. This means that I can offer this service for free. All the money set up on the posts is distributed to the voters or refunded. You can donate to my creator; to do so please use the memo donate as I will refund your donation otherwise.

Using @reversed-bidbot in a nutshell

If you want to advertise a post, simply send STEEM or SBD to me with the link to the post in the memo. This will mimic an ordinary bidbot with a ROI of 1.0, only that the votes are bought from the community.
There are many parameters you can change. Please look at my discord server for more details.

If you want to earn by upvoting the promoted posts, you may follow me as I will resteem all posts. You can also ask me to find the most interesting articles by sending a transaction with the memo suggest. I will load your account information and find three posts that are looking for accounts like yours to upvote them.

Am I a p2p market for user engagement, a service enabling customised curation rewards on your post or just another bidbot? Try using me and decide for yourself. For questions, suggestions or support please feel free to visit my discord server. A post explaining my technical details and commands will follow soon. Happy reward hunting!

Sort:  

Do you mean earning curation reward by upvoting a post you resteemed or a different type of reward that's not curation reward?

You will receive the normal curation reward regardless. I will pay an additional curation reward on top of that for your upvotes, as specified by the author of the post.

This is a very interesting take on the big bot system hmmm I’m going to have to try it out a few times and see what kind of results I get! The bid bot market has been pretty flat with the same people abusing it to try and make an ROI but failing so let’s see what this project can offer, can it rival collective voting like smartsteem and minnowbooster oooh in excited

Posted using Partiko iOS

Hi,
in theory it should work. Posts promoted with a ROI of 1.0 are pretty much identical to that business model. Since there are many accounts participating in those services, there should be plenty people wanting to upvote just for the reward alone. And as a user I really prefer @reversed-bidbot because I do not have to commit my sp. I can manually vote or set up a curation trail and all it takes to get money is following that trail.

The real challenge is getting people to use and trust this new system.


Welcome to Steemit @reversed-bidbot!

I wish you much success and hope you find Steemit to be as rewarding and informative as I have.

Here are some links you might find useful.
Your stats on SteemNow
Your stats on SteemWorld
Your stats on SteemD
How does Steemit actually work?

Oh yea, I have upvoted you and followed you. Many blessings!

Thank you for your initiative @reversed-bidbot. I'm already following you and hope to test this service asap.

This is interesting... is there a minimum steem or sbd to promote your post?? How did you come up with this idea?? This is actually a good idea.. but we’ll see if people will actually consider this.. well i hope!!! Best of luck @reverse-bidbot

Posted using Partiko iOS

Oh i just realized the minimum is the one in the photo right? 😄

Posted using Partiko iOS

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Congratulations @reversed-bidbot!
Your post was mentioned in the Steemit Hit Parade for newcomers in the following category:

  • Pending payout - Ranked 1 with $ 40,5

I also upvoted your post to increase its reward
If you like my work to promote newcomers and give them more visibility on Steemit, consider to vote for my witness!

Congratulations @reversed-bidbot! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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Welcome to Steem, @reversed-bidbot!

I am a bot coded by the SteemPlus team to help you make the best of your experience on the Steem Blockchain!
SteemPlus is a Chrome, Opera and Firefox extension that adds tons of features on Steemit.
It helps you see the real value of your account, who mentionned you, the value of the votes received, a filtered and sorted feed and much more! All of this in a fast and secure way.
To see why 3290 Steemians use SteemPlus, install our extension, read the documentation or the latest release : SteemPlus Points : Wallet Sneak Peek.

Hey reversed-bidbot! If you would like to see what the current trending content and topics on the internet are consider following @coffeebreak and @topicstoday accounts to make your personal feed more fun and informative.

Welcome to Steemit reversed-bidbot. Let me know if you got any questions about Steem or anything related to it! The official FAQ can be found here and has A LOT of information https://steemit.com/faq.html - Also remember, Steemit is just ONE of the sites built that uses Steem the blockchain. We also have DTube - our very own Youtube, DSound for Soundcloud and Steepshot if you prefer Instagram like experience. I'd also like to mention ChainBB - forums, Busy - Steemit with more modern look basically, DMania for memes and Dlive for streaming just like in Twitch! You can also earn Steem by gaming now! Search for Steemgar if that's more your thing. Welcome to the blockchain! :)

This post has received a 51.25 % upvote from @boomerang.

Welcome to Steemit reversed-bidbot. Let me know if you got any questions about Steem or anything related to it! The official FAQ can be found here and has A LOT of information https://steemit.com/faq.html - Also remember, Steemit is just ONE of the sites built that uses Steem the blockchain. We also have DTube - our very own Youtube, DSound for Soundcloud and Steepshot if you prefer Instagram like experience. I'd also like to mention ChainBB - forums, Busy - Steemit with more modern look basically, DMania for memes and Dlive for streaming just like in Twitch! You can also earn Steem by gaming now! Search for Steemgar if that's more your thing. Welcome to the blockchain! :)

Hey reversed-bidbot, welcome to Steemit !

Are you an Instagramer ? If so, don't forget to link your Instagram account to your Steemit account at http://steemigram.com/. Then, all your Instagram posts including the hashtag #steemigram will be posted on your Steemit blog !

If you have any questions, please ask us here or on Discord

Hey reversed-bidbot! If you would like to see what the current trending content and topics on the internet are consider following @coffeebreak and @topicstoday accounts to make your personal feed more fun and informative.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by frdem3dot0 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Welcome to Steemit reversed-bidbot. Let me know if you got any questions about Steem or anything related to it! The official FAQ can be found here and has A LOT of information https://steemit.com/faq.html - Also remember, Steemit is just ONE of the sites built that uses Steem the blockchain. We also have DTube - our very own Youtube, DSound for Soundcloud and Steepshot if you prefer Instagram like experience. I'd also like to mention ChainBB - forums, Busy - Steemit with more modern look basically, DMania for memes and Dlive for streaming just like in Twitch! You can also earn Steem by gaming now! Search for Steemgar if that's more your thing. Welcome to the blockchain! :)

Welcome to steemit @reversed-bidbot.

  • Join @minnowsupport project for more help
  • Checkout @helpie for daily trivias and useful information
  • Join @qurator a good quality support project
  • Checkout @steembasicincome
  • Help us save the forest with @treeplanter
    Follow me @tuanis for random votes daily please checkout the report
    Welcome the new steemians. Have a great day!

Where is your p2p market? Who offers you votes. Like to understand it better.

It works like this:

Everyone can send me STEEM or SBD and a post to promote in the memo. I will then resteem and comment on that post to let everyone know that this person wants to buy votes. I will then track that post to find anyone who upvotes it. When the post is 7 days old I will pay all voters their share of the STEEM as requested by the advertiser and refund any open value.

This is the p2p market and anyone can be a vote seller by simply upvoting one (or more) of the promoted posts.

I hope that answers your question.

Brother that's a hell of a sales pitch. Upvoted and best of luck to ya

This post is promoted by @reversed-bidbot!

There are currently more than 43.74 steem of claimable rewards on this post. These are distributed according to the value of your upvotes with a multiplier of 1.0. A maximum of 2.500 steem is paid per vote.
Upvote this post to claim your rewards!

Excluded from participation are: bidbots, autovoters.

Follow me to also earn steem on my other promoted posts. For more details please visit my discord server.


Welcome to Steem @reversed-bidbot.

Do read A thumb rule for steemit minnows - 50:100:200:25 for starter tips.

Spend time reading Steem Blue Paper to know how Steem blockchain works and if you still have any queries ask them on our Ask me anything about Steemit post and we will try to answer that.

All the Best!!!

Wow, this is innovative! Soon bidbots won't be having much patronage any longer. I hope this will succeed as projected.

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