Good evening to everyone , I hope you all are doing great today .
I won't beat around the bush , I will get straight to the point . This post is a petition ( not proposal ) to fund my engagement project which will help SPORTS community .
What is the difference between petition and proposal ?
Simple difference is that - petition is to know whether community supports the idea or not , it is to get an opinion from the community .
Whereas proposal is actual motion , if it gets passed it is passed .
So this post is not a proposal ( actual motion ) , it is a petition because I would like to know your opinion and thoughts before going for proposal .
If this petition gets good response I will move to proposal .
I recently started an engagement project - link which has the following feature .
- I upvote the top 25 commenters / engagers in each community everyday .
- I consider only comments and those comments has to be made from the particular frontend itself
Benefits of this project is -
- Brings traffic to the sportstalksocial frontend .
- Increases engagement between users
- Increases overall active users who are using this frontend .
As you can see the response in the announcement post and today's stats post I have got good response from other users .
What will the proposal be ?
I had asked for delegations to the @amr008.sports account which is the voting account for SPORTS tribe for engagement project . Certain users were very kind to support the delegation
Right now the delegation are as follows -
Total = 1 ,791,018 SPORTS .
That's 1.79 million SPORTS .
That will provide atleast 500+ SPORTS upvote for 100% I suppose . So people will want to earn those upvotes by engaging in Sports community .
Won't it increase the spam ?
No , I have taken sufficient steps to calculate the quality of comments . Please read the announcement post for full details.
Why do I need delegation from @sports-gov account ?
There are two reasons for this and this forms the basis of my petition -
- To increase the upvote value so that we attract more people to come over to sportstalksocial frontend and engage with other users . Just think what if we reach 10000+ SPORTS per upvote ? Ofcourse people will start engaging .
So we bring more people over here , we increase the traffic which inturn increases the ad revenue which inturn increases the token burn which inturn increases the price of SPORTS .
- Second reason would be payout for delegators - Whatever delegation I get from @sports-gov account will be used to upvote and we won't payback the curation reward to @sports-gov ( that will be specified in my proposal too ) .
So remaining delegators will earn more APR because of this . Also I won't take my cut too till the end of the year because I want to help this project grow .
So in simple terms - 100% liquid curation rewards will be sent back to delegators excluding @sports-gov and @amr008 account . This will drastically increase the returns for other delegators which will prompt more delegators to come forward which will allow more upvote worth and again the cycle continues .
How much will I be asking ?
@sports-gov account currently has 25 million SPORTS in liquid form .
I will ask for the following -
( I will include both of these in same proposal )
This way I am not even asking for the funds to be transferred to me , I will just ask for delegation . This will ensure the SPORTS actually stay at @sports-gov itself and can be undelegated at anytime by another proposal if in future this project ends or community votes for not continuing the delegation .
I guess I have covered all the necessary points .
I repeat again , this is a petition so the main intention is to get the response of community . If I receive good response - I will go ahead and start a proposal .
What feedback am I expecting?
Is this a good idea according to you ?
Is 7.5 million SPORTS okay ? Or should it be less or more ?
Any additional advice / suggestion .
Also tagging @patrickulrich to check if I followed the petition procedure correctly .