From the Whitepaper : Are you serious?
From the Whitepaper:
Tipping authors and promoting post will compose an important part of this system, users can support an author or an event by making a small donation. Gamification will promote this action. In order to make a small donation, users need to add fund to their balance, therefore, this system act like a bate that break the mental barrier of adding the first fund.
Gamification? Bate? Mental Barrier?
Adding fund should be easy as fuck...
Pass that bong to me, please...
The main strategy is to increase the number of visitors trough automatic process and then optimize each evolution of a users to get the best conversion rate in order to extract the maximum value from a user.
Enough for me, I skipp this one, what were you thinking?
You hjust made tldr of the month for me
Hahaha you made me lol quite hard. This project does sound a bit shady... The part that shook me was the "Viper split author's post reward and keep 25% in order to improve the quality of our service and continuously improve the general satisfaction of the community."
So VIPER takes both donations and a (fucking big) fee. What's the point here of using it instead of Steemit if we're gonna loose a quarter of our gains (and I'm not that big, those gains I'm making are not that big..)
Steemit takes 25% as well, as does dtube, and dmania.
Steemit does not take any fee. Some other services do "charge a fee" via the beneficiary system.
very good, to increase my knowledge, because I am still a beginner
Have you seen @steemit 's wallet? Also if you notice when you get a 50/50 split your steem power reward is much lower, between the 25% curation reward and what you are paid out it does not equal what it it is supposed to. @steemit collects part of your steem power reward. Not that I blame them they created the site.
You are wrong.
When you use 50/50, this means that your total payout, lets say $10 will be distributed by following scheme:
remaining 75% will be split 50/50 SBD and Steem
Since SBD is booked to be dollar equivalent, it will give you exactly 50% of 7.5 in SBD or 3.75 SBD. The other 3.75 will be paid in steempower. If steem value is $3.75, than $3.75 will be 1 Steempower as payout, or if steem is more than 3.75 than 0.xxx steem will be paid as steempower.
No hidden fees
So if this is the case, can you explain his wallet? and how he can afford to fund every new account that comes to steemit?
The funds in the steemit account were acquired via mining. No one is charged a fee and neither does Steemt Inc collect beneficiary rewards. I am guessing you are new here. This platform is run on a public blockchain where ALL the transactions are visible. I recommend that you do some research before jumping to conclusions.
Probably pre-mined and contribution from random users. I don't see anything that will suggest anything you are saying looking at his wallet. https://steemit.com/@steemit/transfers
It certainly isn't 50% of the USD value of the total paid out. It is VERY skewed to favor SBD on payouts. We had to create our own sheet to get the real 50% payout.
This is because the system recognizes SBD as being worth $1... In the case that SBD is worth $1, then yes, you do get exactly 50/50 of whatever the post is valued at on the Steemit interface. But, when the SBD price is higher than $1, then the value of your earnings (should you sell/convert your SBD) will reflect this inflated price.
As @furion pointed out, Steemit does not take a fee. You might be thinking about the curation "fee" where the curators get 25 % of the pending reward. This will still be happening on Viper as well, in addition to the 25 % cut they take.
It's true that other sites also have beneficiary systems, but it's often not 25 %. I think 10 or 15 % is a lot more common.
It is similar to Dtube and Dsound. We might probably lower the fees to 15% for blog post only and keep 25% for multimedia content. We'll adjust the price as time is moving forward but for now it roughly is 25%.
Have you seen @steemit 's wallet? Also if you notice when you get a 50/50 split your steem power reward is much lower, between the 25% curation reward and what you are paid out it does not equal what it it is supposed to. @steemit collects part of your steem power reward. Not that I blame them they created the site.
This is just wrong, @infamusfiend. Steemit does not get a part of the Steem Power reward. The reason why less than 50 % of the reward is from Steem Power is because the blockchain still treats 1SBD as 1USD, while it is clearly not.
@imfamusfiend you need to do more research on how steemit does post payouts, read the whitepaper. You're spreading incorrect information.
Also on another note, I cant see the differentiation factor of Viper. And from those snippets of the whitepaper i just read, it gives me the impression that the creators are not professional at all.
No
Wow. Bro. You enlightened me! Didn't even know that and I've been here for 3 months now..
Well I'll try this VIPER platform out
i quite agree with you there, i dont know about others anyway
Yes, viper's system promote donation and support for donations, the mental barrier as we are talking about is the lack of simplicity.
The terms are a bit rough as we see as it is, the marketing is designed to be the most efficient possible, and protection systems are designed in order to keep and maintain a "positive" order and control along with a lot of competition.
Meanwhile, attracting users, and providing a useful and enjoyable experience is the essence of our advantages. Think of it as an engineered stream of excitement.
cave to cave
lmao I thought whitepapers were supposed to be formal and professional.