Hey everyone! Wow it's been over 3 weeks since my last post, needless to say I've been a bit busy irl the past few weeks but that doesn't mean I've been completely off Hive stuff. A lot's been going on behind the scenes and I've spent quite a bit of time planning things ahead and getting people together to work on some interesting things we got soft-launching soonish. This irl stuff has been partly vacation as I kind of needed a break from things after the whole Twitter API thing and things unfortunately taking a bit longer than expected to be bandaided to make it work as close to similar as possible. The other part has been some health related things I've needed to work on and travel around a little bit to make sure I got the best care for the best price during these bear market where it really hurts to get rid of hive, especially for disgusting old fiat. :p Either way, enough about me.
While Reddit is also planning on making their API costs and copying Twitter, hopefully they won't be as dumb to make the tiers work similarly and offer us a per-use kind of costs as those have been surprisingly on the low side here on Hive. The thing with Reddit is that the bigger subreddits have a ton of rules, many dislike links from websites that aren't already very well known, etc. That's something to keep in mind when you start POSH'ing on Reddit.
Another thing to keep in mind is that we've banned certain subreddits that are Hive-related from the beginning, as the point of earning POSH is from driving traffic and views from people outside of the ecosystem, thus sharing hive posts on r/hivenetwork isn't of that much value. (Haven't looked in there for a few weeks, can't imagine what it's become) We're also going to put our foot down on some people who just create their own subreddit with 0 subscribers just to earn POSH as that's not something that benefits the ecosystem.
The fine-spot is usually to hit smaller to medium sized subreddits, we've seen @demotruk do some good runs with his viewcount project by sharing @peakd links and encouraging people to do so with prizes and many of them being smaller sized subreddits but still resulting in a ton of views do to Reddit's size. Subreddits related to crypto are usually a good place as well and there are quite a few of them.
Another thing to keep in mind is that most front-ends are eligible for POSH rewards and sharing could help our ecosystem in more ways than you can think of, for instance @leofinance shares could at the same time get the project more adrevenue which in turn buys up more tokens off the market to reward its delegators and for you personally you'd be able to earn tokens as well so let's get into some details on the rewards.
Currently the daily POSH allocation to Reddit POSH is only 25 POSH tokens due to low activity. We've been wanting to keep this one flexible and awaiting more people to share on there before increasing it. With POSH being at around .25 Hive each this is still 6.25 Hive daily for simply sharing Hive links on Reddit. Apart from that we have a team of curators that go through both Reddit shares and GOSH shares (inhouse advertisement in a way) so if you do really well on Reddit you may get yourself a big Hive upvote as well which after 7 days at payouts results in quite some liquid Hive. If you don't want to take my word for it, go and check out @redditposh/posts where you can see the daily shares competing against each other for POSH tokens. In the wallet section you may also see some of the liquid Hive rewards that have gone out based on the shares, although they aren't as many but I'm sure would increase in both frequency and sizes depending on the performance of the shares.
Checking out the daily posts may also give you some ideas of which subreddits may fit well to share your or other people's posts on, there's no real limits to how many you can share daily. Just keep in mind that they won't count if you share within hive-related subreddits or if they get deleted by mods it may result in no POSH earned after 7 days. Other than that experimenting with sharing in different subreddits, using google or reddit search to look for fitting subreddits may be a great way for some extra earnings while potentially bringing traffic, adrevenue and new users to Hive and all it's front-ends and dapps.
Enjoy the automation of just having to share the post and being registered on hiveposh.com to receive rewards while it lasts as it's still quite unknown how their API changes will affect us and what the costs will be. Worst case we may have to throw a similar solution onto Reddit as the one we're still working on getting done for Twitter so I hope you stick with us during these weird times. Thanks for reading, I'll be trying to post a bit more often and keep ya'll up to date on things (if there is anything), or to just shitpost a bit here and there as I kinda miss it.
<3
If you have any questions, feel free to shoot and I'll get to responding them if I can in the morning as it's getting late here.
