RE: Hive Creators Without Capital, Look At HSBI
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Hello @michael561 and welcome to Hive, good to have you here.
Just a couple of points about your post:
- when you sponsor another account for HSBI (AKA: SBI and HBI), both parties, the sponsor and the sponsee, receive a share. (You can also sponsor as a third party, so @x sends the Hive, but @y:@z are the sponsees or beneficiaries; communities often do that when they're awarding prizes in contests).
- there are lots of HSBI giveaways, like this one run by @thebighigg every week, and HSBI contests where you can do a small task like this one by @phoenixwren where you can leave your favourite cookie recipe in a comment for entry to the contest (closes 31 December).
- you're right, when you're a small account, you do need to vote on posts where there are other voters for your vote to benefit from curation rewards. However, these only need to be reasonably sized accounts, not necessarily the biggest accounts, and not necessarily trending posts (that would be boring and counter productive).
- When you vote is important, too, not only during in the first 24 hours to maximise your returns, but where you come in the voting order (very roughly, you want bigger accounts than yours to vote after you). But really, I wouldn't worry too much about that: the important thing is not so much the vote and when you do it but the relationships you are building with the people you vote for and that's best done through comments.
- you can use hivestats to see how efficient your voting is - scroll down until you come to the pending curation rewards table. I recently stopped voting for a trending author because my voting efficiency was often only 50% or so - it was better to vote for other smaller accounts. At the top of hivestats, you'll see a table showing your rewards and also your curation APY - you're aiming for this to be about 8%-9%.
- to help small accounts build engagement on their posts, they can use @commentrewarder which distributes some of the author rewards to the commenters you choose. You can find out about that here.
- there's a new initiative to support commenting, @topcomment, especially to support newcomers with small accounts.
There are also curation trails which are especially supportive of newcomers including the DUO token set up by @thebighigg, @bulliontools and @bitcoinman. You can find out more in the DUO White Paper.
You might be interested in joining the Saturday Savers Club, over on the @eddie-earner account - the 2025 Launch and FAQs will take place on Saturday 4 January. This post by @arc-echo, one of the members, will give you the gist until then. You can also check last year's launch and our recent Saver of the Year Awards.
Good luck, hope you enjoy Hive and have lots of fun!
PS you can check what your HSBI vote will be by leaving the following command in a comment:
!sbi[space]status with a space between !sbi and status.
Sorry it took me a bit to reply! I really appreciate this explanation of how to do curation from a small HP account that isn't just trying to bet on which content will trend, and especially appreciate that you took the time to link to specific posts. (One thing I've found hard is finding the "source" document for projects I've seen folk mention.)
It sounds like - despite how some of the accounts & projects talk about it - I can earn curation rewards, by (shocker) actually doing good and timely curation. I'm a bit concerned that focusing on curating what I know will leave me voting for posts no one else might see, since my focus is in regenerative agriculture and ecology. For example, looking at the Agricultural Mindset community, posts which don't come from the community organizer sometimes end up without any votes at all.
This kind of encourages me, and I suppose others, to focus on other spots where our curation is going to lead to a payout.
I don't reckon there's an overnight solution to stuff like this, but it is something that has me concerned about Hive as a hosting platform and revenue stream for my own content. ...Which I'm aware makes it sound like I'm here for easy money, and I'm not: I'm here mostly because blockchain means my posts won't get deleted if I decide to spend 6 months off-grid and miss an email from some corporate social media site saying "We've noticed your account is inactive..."
But that doesn't change that content production revenue is a part of things my eco efforts - otherwise, we have to get revenue from things like cutting down trees, and that's not what we wanna do!
So I'm left trying to figure out how best to use my time on Hive now, to help it grow into a space where there's more attention (and thus revenue) directed toward these, frankly, unpopular topics.
Sorry, I got into a bit of a ramble here. I strongly prefer the technology behind Hive to anything else around, and see it being a better tool for lots of my friends, too. But there's just... a lot to learn, and it's hard to see, let alone explain, the immediate merits of having and using a Hive account.
I'll be checking out those giveaways today, and looking into DUO more - you're the second person who's been helping me find my footing to mention it!
There is, there's no doubt about that! Saturday Savers Club might be able to help with that, mainly because there's a supportive community around it. So you might publish a post very similar to the one above, where you're asking questions and positing ideas, and include, as a paragraph, progress on your savings goals and then link the post in a comment on the weekly savers' post. (You could even ask some key questions in your comment).
Following on from that, communities are a tricky thing, they take a lot of investment to build them and not everyone has the time and inclination (or skill) to do that. We had a discussion about whether we should form a Saturday Savers Club community but decided against it because the current arrangement enables Savers to post their savings content in many different communities, disseminating information through many routes, rather than silo-ing it in a community. The challenges of communities are exacerbated because we still have a very small user base at present and there are aren't enough people and community-builders for all the communities we have.
I'm wondering if it's about taking a slightly more generic approach in the next few months? I see you are already posting in diverse general communities, perhaps these ideas will help with (posting and) curating:
Communities:
I tend to vote quite widely except for gaming and sports (there are plenty of other things that interest me), rather than confining myself to one or two areas.
You might also like to check the followers and followed for some of the accounts in the various communities (including the founder of Agricultural Mindset) and see whether there are accounts there that you would like to follow and engage with, so that you're gradually building an interesting feed and like-minded network.
To go back to the original point: the immediate merits of having a Hive account. I would say this is about a) learning how a new technology that has immense potential works, b) having fun while you're doing it and c) meeting many new and interesting people. If you only have an hour a week to spend, that's fine, no one here will mind, many are faced with the same dilemmas, if you are able to spend more, that's a bonus!