Utopian.io is the only platform rewarding Open Source contributions and it is doing that with Steem! Utopian became very popular once big Steem Whales delegated over 400K to the project to support Open Source initiatives and to get a whopping 20% profit from every single contribution on the platform. You can also become a delegator. Learn how.
Many contributions are being submitted every day and I have not enough time to review the quality. I have to keep developing the platform and do marketing. Utopian must assure the quality of each contribution before being shown in the Utopian feed. This is why I have just created a way to incentivise moderation on the platform and to share profits with the Utopian Moderators.
Now Also Moderators Get Their Piece of The Cake!
I have just released a new amazing feature that will allow everyone with a reputation score equal or higher than 50 to review contributions inside Utopian and allow them in the Utopian feed in exchange for a whopping 5% of all the author rewards generated on the platform based on how many contributions each moderator have reviewed.
How To Become a Moderator
If you have a reputation equal or higher than 50, login in https://utopian.io. On the left menu you will see the item "Review", from there you can see all the contributions that still need to be reviewed or just Go here. Then you just have to review them and help the user in case anything is wrong. Once a contribution has been reviewed, click on verify and you will immediately be part of the Utopian Moderators and start earning Steem Power AUTOMATICALLY.
The contributions you see there are already stored in the blockchain but they are not being voted by @utopian-io and won't show up in the main Utopian feed. This is to ensure no spam is entering the platform and that each contribution gets what really deserves.
Contributions Must Follow The Utopian Standards. READ CAREFULLY
As a moderator your job is to make sure contributions meet the quality standards. Here you have a draft that you have to read to understand the quality standards. https://utopian.io/rules
If a contribution does not meet the quality standards you have to help the user editing the contribution by chatting via the comments. If the contribution is spammy or really makes no sense, just leave it unverified and after a week will disappear.
You can check how to do your moderation job also by looking at the contributions I did not accept in the feed https://utopian.io/all/review. Check this one for example.
You will see I have submitted comments where the contribution is not meeting the quality standards. If you are not going to accept a contribution you always have to write the reason so that the user can actually understand what's doing wrong. You really have to read and understand the rules https://utopian.io/rules in order to help new contributors or you may end up being removed from the Utopian Moderators.
How do You Get Rewarded?
Utopian.io uses a special algorithm that takes advantage of the beneficiaries system provided by Steem. Utopian calculates how much the platform has generated in Steem Power, how much Moderators and Sponsors have to receive from the delegated percentage (20% for Sponsors, 5% for Moderators) and how much you should gain based on how many contributions you have verified or based on the delegated power if you are also a Sponsor. Each time a new contribution is submitted and verified, beneficiaries get added and will automatically receive their profits when the rewards will be payed out by Steem (after a week). Everyone in Utopian receives Steem Power.
So Now Utopian Removes 25% From the Author Rewards?
NO
The Utopian Sponsors have 20% of the author rewards reserved. Utopian Moderators have 5% reserved. So you may think Utopian is removing 25% from the author rewards. Well...no. The algorithm works in a way so that the portion taken from the author fluctuates and sometimes can be 20%, some other times 22% but also 15% and so on (never over 25%). This is possible because Utopian tracks everything and assigns profits to the beneficiaries based on how much they should gain and on how much they already got.
That means, if a contribution gets super high rewards, you could also get more than what you deserve. Utopian will stop giving you rewards until you will be allowed to receive them again, based on new gains you should have accumulated.
All the code behind Utopian is Open Source. https//github.com/utopian-io
The Process is Transparent
You can see how much Utopian is generating and how much you should get in the dedicated Sponsors and Moderators sections:
Utopian does not get a cent. All the power Utopian has is given by the Sponsors.
I don't get a cent. The only way I have to profit is by either contributing to Open Source projects, delegate power to Utopian or moderating the contributions.
Utopian is a New, Shared and Meritocratic Economy.
If you are a Bad Moderator
If you are a bad moderator and allowing bad contributions into the main feed, you will be permanently removed from the moderators and stop earning profits immediately. Always double check the rules before pushing a contribution to the Utopian main feed https://utopian.io/rules
Removed Minimum Delegation
On a side note I have removed the minimum delegation you can give to Utopian if you want to be a sponsor. If your delegation is very small you may end up having 0 profits, but still you may want to help the Open Source world and to be credited by Utopian on promotional activities.
Utopian Sponsors (so far)
@freedom
@transisto
@xeldal -> Vote for witness
@cryptoctopus
@javybar
@jerrybanfield -> Vote for witness
@kendewitt
@ajvest
@yabapmatt
@allowisticartist
@elear -> me
@n-ur
@masterofcoin
@iliasdiamantis
@bbrewer
@unosuke
@airmatti
@nesian101
@rival -> Vote for witness
Are you going to the STEEMFEST?
I'll be there. Lets meet and chat: https://steemit.com/steemfest/@elear/i-am-going-to-the-steemfest-guess-why
Who am I?
11 years Senior Software Architect - Javascript Full Stack Developer, focused on ES6, React.js, Redux, TypeScript, Node.js, and DevOps.
Follow the official Utopian account: https://steemit.com/@utopian-io
Follow me on Steemit: https://steemit.com/@elear
Follow me on Utopian: http://utopian.io/@elear
Add me on LinkedIn: https://www.linkedin.com/in/puccidiego/
Open Source Contribution posted via https://utopian.io