How many jobs can steem platform create? Steem Job Analysis Thu Jun 28 2018

Repository

Introduction

This analysis will in depth explore a possible number of jobs on steem platform.
More precisely, this analysis focuses on these 7 platforms: dlive, dtube, utopian-io, steemstem, dsound, steepshot and artzone, because these platforms are dedicated to pay regularly and they can provide stable payouts.

Outline

Scope
Results
Dlive distribution
Dtube distribution
Utopian-io distribution
Steemstem distribution
Dsound distribution
Steepshot distribution
Artzone distribution
How many users could earn for a minimum wage
Exploring potentially stable jobs
How many users actually earn more than 200$ a week?
Ranking of stable jobs with average earnings
Projection
Conclusion
Tools and Scripts
Relevant Links and Resources

Scope

Data used in this analysis is a collection of all posts (without comments) created during one week. Begin date is Thu Jun 21 2018 and the snapshot is taken on Thu Jun 28 2018.
Number of posts created: 197,300
Earnings of posts: 388,469 $
Earnings without interest: 272,965 $
Steem Price on snapshot date: 1,21 $
Total steem supply: 282.550.966 STEEM
EWI - Earnings without interest

Results

Earning distribution of all created posts

Group	Num	%	Earn	E%	EWI	EWI
All	197300	100	$ 388469	100.0	$ 272965	70.3%
>$100	374	0.2	$ 70804	18.2	$ 29272	41.3%
$6-$99	12603	6.4	$ 242909	62.5	$ 177217	73.0%
$1-$5	23411	11.9	$ 58755	15.1	$ 50476	85.9%
$0-$1	160912	81.6	$ 16001	4.1	$ UNK	UNK

81,6% of posts are under 1$ and get 4,1% of all earnings.

11,9% of posts are between 1$ and 6$ and get 15,1% of all earnings.

1PIC 87796.png

6,6% of all posts get 6$ or more and get 80.7% of all earnings.

Dlive distribution

2PIC 87796.png

Group	Num	%	Earn	E%	EWI	EWI
>$100	18	0.1%	$ 4038	1.3	$ 1510	37.4%
$6-$99	1667	12.8%	$ 23211	7.4	$ 20865	89.9%

Dtube distribution

3PIC 93537 (1).png

Group	Num	%	Earn	E%	EWI	EWI
>$100	29	0.2%	$ 4081	1.3	$ 2179	53.4%
$6-$99	709	5.5%	$ 22001	7.0	$ 19182	87.2%

Utopian-io distribution

3PIC 87796.png

Group	Num	%	Earn	E%	EWI	EWI
>$100	25	0.2%	$ 3905	1.2	$ 3372	86.4%
$6-$99	139	1.1%	$ 5468	1.7	$ 5227	95.6%

Steemstem distribution

4PIC 87796.png

Group	Num	%	Earn	E%	EWI	EWI
>$100	10	0.1%	$ 1519	0.5	$ 1192	78.5%
$6-$99	170	1.3%	$ 4856	1.5	$ 4704	96.9%

Dsound distribution

5PIC 87796.png

Group	Num	%	Earn	E%	EWI	EWI
>$100	0	0.0%	$ 0	0.0	$ 0	NaN%
$6-$99	374	2.9%	$ 5180	1.7	$ 4771	92.1%

Steepshot distribution

Group	Num	%	Earn	E%	EWI	EWI
>$100	2	0.0%	$ 741	0.2	$ 35	4.7%
$6-$99	329	2.5%	$ 4884	1.6	$ 3302	67.6%

Artzone distribution

Group	Num	%	Earn	E%	EWI	EWI
>$100	1	0.0%	$ 116	0.0	$ 63	54.3%
$6-$99	268	2.1%	$ 3781	1.2	$ 3357	88.8%

How many users could earn for a minimum wage

So lets just say if you can earn more than 200$ a week that we can call that a job. Not counting posts below 6$ and removing interest earnings.

Real earnings
= 206,488$
= 53,2% of all earnings

Maximum number of jobs
= 206,488 $ / 200 $
= 1032 jobs

Number of jobs per 1$ in steem price
= MaxNumberOfJobs / SteemPrice
= 853 Jobs/1$

The minimum price of creating 1 job
= SteemTotalSupply / NumberOfJobsPerDolar
= 331,243 $

This means we can easily evaluate the maximum number of jobs steem can provide.

For example, with current steem price of 1,21$ * 853 jobs/$
= 1032 jobs

Exploring potentially stable jobs

Let's sum all potential earnings of dlive, dtube, utopian-io, steemstem, dsound, steepshot and artzone.

Platform	Earnings	Number of posts	Average Earnings per post
dlive	22,376$	1,685	13.27$
dtube	21,361$	738	28.94$
utopian-io	8,600$	164	52.43$
steemstem	5,869$	180	32.60$
dsound	4,771$	374	12.75$
steepshot	3,334$	331	10.08$
artzone	3,419$	269	12.71$

Sum of Stable Earnings
= 69,730$

Percentige of stable earnings
= StableEarnings/RealEarnings
= 29.32%

Average number of jobs
= StableEarnings $/ 200$
= 348 jobs

Stable number of jobs per 1$ in steem price
= AverageNumberOfJobs/SteemPrice
= 288 Jobs/$

Minimum price of creating 1 stable job
= SteemTotalSupply / StableNumberOfJobsPerDolar
= 981,079 $

How many users actually earn more than 200$ a week?

Number of users with weekly post earnings above 200$
= 175

Actual number of jobs
= 175

Actual number of jobs per 1$ in steem price
= ActualNumberOfJobs / SteemPrice
= 144 jobs/$

Minimum price of creating 1 actual job
= SteemTotalSupply / ActualNumberOfJobs
= 1,962,159$

Ranking of stable jobs with average earnings

Platform	Category	Earnings	Number of posts	Average Earnings per post
utopian-io	steemdev	1,564$	21	74,47$
utopian-io	development	2,673$	38	70,34$
steemstem	education	798$	12	66,50$
utopian-io	translations	1,093$	20	54,65$
utopian-io	graphics	1,249$	23	54,30$
utopian-io	tutorials	394$	9	43,77$
steemstem	science	3,827$	99	38,65$
steemstem	technology	649$	19	34,15$
dtube	food	4,139$	132	31,35$
dtube	cryptocurrency	4,429$	141	31,41$
dtube	vlog	5,092$	165	30,86$
steemstem	stemng	1,294$	42	30,80$
dtube	gaming	3,849$	129	29,83$
steemstem	stem-espanol	1,018$	38	26,78$
dtube	music	4,752$	183	25,96$
utopian-io	bug-hunting	450$	24	18,75$
steepshot	love	203$	14	14,50$
dlive	learning	6,654$	472	14,09$
dlive	dlivestar	5,232$	408	12,82$
artzone		3,419$	269	12,71$
dsound	dsound-original	2,984$	237	12,59$
steepshot	travel	1,058$	86	12,30$
dlive	game	6,448$	536	12,02$
steepshot	photography	794$	69	11,50$
steepshot	photography	1,994$	194	10,27$

Projection

Number of jobs dependent on steem price

Steem Price	1$	10$	100$	1,000$	10,000$
Actual	144	1,440	14,400	144,000	1,440,000
Average	348	3,480	34,800	348,000	3,480,000
Maximum	1,032	10,320	103,200	1,032,000	10,320,000

Conclusion

Big question is, how could we create more stable jobs?

One solution that comes to my mind is to integrate bid-bots into dlive, dtube, utopian-io, dsound, artzone and steepshot,
because that way these platforms could accumulate more steem power and therefore lower the price of job creation.

Tools and Scripts

https://blws.github.io/insteemr
-for generating data and images

Script for crawling all posts with steem.js

//get all posts created in last 7 days
getCreated("",0,7);

function getCreated(tag, dayBegin, dayEnd) {
    if (notFirstPost == 0) {
        notFirstPost = 1;
        steem.api.getDiscussionsByCreated({
            "tag": tag,
            "limit": 100
        }, function (err, result) {
            allPostParser(err, result, dayBegin, dayEnd, tag);
        });
    } else {
        steem.api.getDiscussionsByCreated({
            "tag": tag,
            "limit": 100,
            "start_permlink": window.permlink,
            "start_author": window.author
        }, function (err, result) {
            allPostParser(err, result, dayBegin, dayEnd, tag);
        });
    }
}

function allPostParser(err, result, dayBegin, dayEnd, tag) {
    if (err === null) {
        var i, len = result.length;
        for (i = 0; i < len; i++) {
            var discussion = result[i];
            if (i == len - 1) {
                window.permlink = discussion.permlink;
                window.author = discussion.author;
            } else {
                hDat = new Date(discussion.created);
            }
            if ((i == 0) && (firstTime == 0)) {
                firstTime = 1;
                firstDate = new Date(discussion.created);
                if (dayBegin == 0) {
                    window.dayBeginFlag = 1;
                } else {
                    window.dayBeginFlag = 0;
                }
                beginDate = new Date(firstDate);
                beginDate.setDate(firstDate.getDate() - dayBegin);
                endDate = new Date(firstDate);
                endDate.setDate(firstDate.getDate() - dayEnd);
                timeDiff = new Date(beginDate).getTime() - new Date(endDate).getTime();
            }
            if (window.dayBeginFlag) {
                var ppv = parseFloat(discussion.pending_payout_value.substring(0, discussion.pending_payout_value.length - 4));
                discussion.ppv = ppv;
                discussion.rshr = 0;
                discussion.rshrw = 0;
                var benlist = [];
                for (z = 0; z < discussion.beneficiaries.length; z++) {
                    benlist.push(discussion.beneficiaries.account);
                }
                if (ppv >= 1) {
                    for (k = 0; k < discussion.active_votes.length; k++) {
                        discussion.rshr += parseFloat(discussion.active_votes[k].rshares);
                        if (botlist.includes(discussion.active_votes[k].voter)) {
                            discussion.rshrw += parseFloat(discussion.active_votes[k].rshares);
                        }
                        if (benlist.includes(discussion.active_votes[k].voter)) {
                            discussion.rshrw += parseFloat(discussion.active_votes[k].rshares);
                        }
                        if (discussion.author == discussion.active_votes[k].voter) {
                            discussion.rshrw += parseFloat(discussion.active_votes[k].rshares);
                        }
                    }
                }
                ppvSum += ppv;
                discussion.eebib = discussion.rshrw / discussion.rshr;
                discussion.ppw = discussion.ppv * (1 - discussion.eebib);
                var ppw = discussion.ppw;
                //console.log(ppv);
                if (isNaN(ppw) == 0) {
                    ppwSum += ppw;
                }if (discussion.ppv >= 6) {
                    resAry.push(discussion);
                }
                postCnt++;
            } else {
                console.log("error line");
            }
        }
    } else {
        cs(err);
    }
};

Relevant Links and Resources

Website
https://blws.github.io/insteemr

Links
https://blws.github.io/insteemr/index.html?dlive

https://blws.github.io/insteemr/index.html?dtube

https://blws.github.io/insteemr/index.html?utopian-io

https://blws.github.io/insteemr/index.html?steemstem

https://blws.github.io/insteemr/index.html?dsound

https://blws.github.io/insteemr/index.html?artzone

https://blws.github.io/insteemr/index.html?steepshot

Proof of Authorship

@proba1
GitHub Account
https://github.com/blws
Data file commit
https://github.com/blws/insteemr/commit/6afe5a706d9e72cfa7de6d3937e615d590fb6031

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emperorofnaps (18) 6 years ago

You got a 6.22% upvote from @emperorofnaps courtesy of @proba1!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

$0.00

abh12345 (80) 6 years ago

Hi @probal1

Thank you for your analysis contribution.

An interesting angle to take the rewards for these projects and see if it's possible to put a job count in there. I think it's a tough ask for a few reasons though, one being the cost of living is vastly different across the planet.

Also, there are ways to earn STEEM and have a 'job' outside of creating content, and perhaps some of these roles are as stable as this too.

Perhaps sourcing a group of average daily wages from around the world, and comparing these to for example, a 'utopian developer' who is producing one project update each week.

e.g. Could that person live in x country, and what would be their standard of living?

I'm not entirely convinced about this! :)

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utopian-io (71) 6 years ago

Hey @proba1
Thanks for contributing on Utopian.
We’re already looking forward to your next contribution!

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