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RE: # Introducing @smartvote, the Steem quality content upvote system

in #introduceyourelf6 years ago

It is a good idea, but I really don't understand how it works. You Upvote @angelinafx up to 13 times per day the most of the times with 100% weight valued on $4.41 and she has delegate to you just 15 SP. What is going on here??

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Hi @trenz,

Thanks for raising your concern.

@angelinafx is the founder and investor of SV. Currently, most of the Steem Power of the @smartvote account comes from her investment that allowed lease of SP from various lenders. The 15 SP she delegated to SmartVote is for testing the service. The upvote on her own content is for various purposes:

  1. Creating contest to help minnow grow
  2. Invest in other sub-projects which in turn generate Steem to renew SmartVote current SP lease.

SmartVote does not take any operation or facilitation fee from the participants while offering them as much return as possible. But we still need to renew the SP lease in order to operate.

You have noticed upvotes to @Angelinafx, you must have also noticed transfers from her account to SV to continue financing the operation.

Oh, ok. Thank you so much for your answer. I saw that and everything turned dark for me ;)

Have a nice day.

As things progress, we will probably bring all side projects used to finance the project into the SmartVote blog itself. The project is still young.

Enjoy the weekend.