Any who is unaware, there was a token drop yesterday reserved just for Steemians. This was done by Byteball. For anyone interested, you can follow the link below and download the wallet.
https://steem-byteball.org/#7HJR3TLGF36UBXEDNXEAH7HY35FQT3LQ
Then follow the instructions listed.
https://steemit.com/steemit/@punqtured/official-byteball-airdrop-to-steemians
This post tells all about the reason why Byteball decided to airdrop Steemians so I won't go into it here.
The point that I wanted to make is the compounding nature of STEEM. Yes while it is true that many other blockchain offer airdrops, few others have so many different ways to compound the money that is earned. Simply by holding one's STEEM in SP earns about a 1.8% annual return to offset the inflation rate. Then, factor in the posting, commenting, upvoting, and all other SMTs that are starting to emerge and we can see what is taking place.
One thing that is very interesting is that the allocation of Byteball was based upon reputation score. This is becoming an important component. It is the second time that I saw a project use reputation score as a component of the payout. @steemhunt uses it in their system of payouts.
Byteball decided to airdrop only to those STEEM accounts with a reputation score over 30. This is to prevent the spammers from being able to partake. Sadly, all those individuals who came to STEEM and left, the inactive crowd, most likely is missing out. Not only are they absent to receive it, they did not do enough to get a reputation of 30.
STEEM has a lot to offer. We are starting to see the emergence of all that is available. Over the next couple years, more projects will arise. For this reason, it is wise for Steemians to take note now.
Consistency is the key on this blockchain. This is not an overnight success story for most. It takes time and effort. However, growing one's account has many different benefits. Obviously, growing Steem Power is a beneficial action in my opinion. As we find more projects getting established on this blockchain, the more valuable STEEM is going to become. This is not only a result of speculation but, rather, a more pragmatic reason. STEEM is required to have enough bandwidth for one's content users to grow. Without it, one's project could be limited.
Another reason to get active is because we are seeing creative criteria used to reward. Right now, reputation score is becoming crucial. How many of you ever paid any attention to that? Yet here it is being applied as a determining factor for payouts.
What happens if a group decides to airdrop the most active Steemians. Perhaps they do something like pay higher amounts based upon comments. Maybe @abh12345 puts together a token a pays using words posted on the STEEM blockchain. We simply have no idea.
The vision of this blockchain is starting to unfold. What is most exciting is that projects such as this take on a life of their own. The community is now in charge and creating whatever comes to mind. There are going to be things happening on here that none of us ever thought about. We are going to see innovative ideas coming out in all different forms.
What is most wonderful about all that is we each stand to profit. Those who are putting effort into STEEM will find different ways that money starts showing up. This is truly the entry into the Age of Abundance. For all the posting I do about the different ways money is coming to people on here, yesterday's airdrop was a total surprise I am certain there will be many more to come.
It is easy to get caught up in price action, what other blockchains are doing, or even what other accounts on here look like. At the end of the day, each of us is responsible for focusing upon our own accounts. Those that do that, over time, will see improvement. This, as we saw yesterday, can yield benefits in unforeseen ways. Of course, there will still be people who want to focus upon stuff outside their control leaving them disgruntled and frustrated. It will also leave them with fewer tokens then they otherwise would have had.
Can you all see what is starting to develop here?
The last couple months saw a huge increase in the opportunities for people to grow their holdings. At present, we have only a hand full. Give it a year or two and see what happens. I believe there will certainly be hundreds of different projects, if not thousands. Picture all the tokens that are going to be available at that time.
At the end of last year, it was difficult to see where all of this was going. Presently, however, it is crystal clear. If one thinks that the potential of this blockchain has anything to do with Steemit.com, I think they are mistaken. The development is extending far beyond that site. We are now seeing what potential truly does reside here and it is unlimited.
There will be other days like yesterday where we are surprised with free money.
Life as a Steemian is very good.
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