The “game” goes as follows. Each day steemgrowthfund will make frequent posts(all of these posts will be 100% power up). The posts will contain multiple comments such as follows.
“Buy ETH”
“Sell ETH”
“Buy NEO”
“Sell NEO”
You get the picture. The bittrex account that SteemGrowthFund is hooked up to will buy or sell the coin in the comment in an amount proportional to the earnings from upvotes on that comment / 2(to account for the funds earned as SP). The top 3 upvoted comments made by steemitgrowthfund will receive a 100% upvote from its self.
Example:
“Buy ETH” gets 1.00$ in upvotes, the bot will buy 0.5$ of ETH on bittex. Each post will contain the current holdings of steemgrowthfund’s bittrex account.
100% of tokens sold on bittrex will be converted into steem and powered up into the steemgrowthfund account, steemgrowthfund will never power down. This will make steemgrowthfund grow very quickly, and collect a portion of the daily reward pool(causing more scarcity and hopefully driving the price of steem up)
This is a project by @neoxian, @cryptohustlin and @cmtzco