My curation plan is working swimmingly, with one hitch. My curation strategy is to set author rewards at 100% and to power down 7 BLURT a week so that I have enough funds to curate.
As everyone knows. An upvote reduces one's voting power by 2%. VP regenerates at 20% a day. This gives up 10 full upvotes a day or 70 a week.
Blurt charges a fee for all actions. I like this structure because it funds the platform and reduces spam.
The cost to upvote is 0.1 BLURT. 0.1 * 70 = 7. That means we need 7 BLURT a week to upvote.
The problem is that curation rewards come in staked form. The curation report says that I earned 11 BLURT POWER last week.
So, I launched a power down of 7 BLURT a week.
Powering Down for curation money seems to be a perfect formula.
Does Powering Down Create a Stigma for the Account?
Does BLURT place any stigmas on accounts that have a power down?
Author Rewards are Sporadic
I've noticed that author rewards are sporadic. The rewards depend on the number of upvotes and there is no way to determine this figure in advance. Some posts get a lot of upvotes. Some get little.
I was depending on author rewards to pay the curation fee. But some of my posts fell flat. This left me with insufficient funds for curation.
Since I can't depend on the rewards. I decided to just power up all author rewards.
The Problem
My strategy gives me all of the BLURT I need to curate. It does not give me any BLURT for writing posts.
I will probably raise the POWER DOWN to 9 or 10 BLURT in the future.
How I Raised Funds for This Post
To raise the funds for this post, I decided to play the "Guess the Word Game" by @blurttribe . You can see the games in their post history. This game gives a reward of 6 BLURT to the people who answer a simple puzzle.
I solved the puzzle. I won the reward and can now write several posts and comments. This type of game seriously helps small accounts. 6 BLURT is enough for 4 posts!
Because I am publishing this post with BLURT received from their game, I set the account as a beneficiary of the post.
Conclusion
BLURT charges fees for all actions. This is a good thing. But it means that accounts must develop strategies to pay the fees.
I like paying the curation fee from my curation rewards. Since both the curation fees and curation rewards follow simple rules. I know that I can pay for curation with a simple 7 BLURT a week power down.
I currently receive 11 BLURT a week in rewards and pay 7 in fees.
The author rewards are sporadic. I think it is best to power up the rewards. These rewards increase the curation value of my upvote.
I will probably increase the size of the power down in the future so that I have funds for both posts and curation.
I hope that I am not put on the naughty list for launching the a power down. I think it is the best way to raise the funds for BLURT fees.
The Image
I generated the image of a person dancing through time on Night Cafe as I think it signifies the flow of time on BLURT.
Keep it up!! The strategy is to create content and put as a beneficiary throughout the week 100% in power up and one or two publications 25% liquid blurt - 75% power up “dividends”, one part will go to power up and another to liquid blurt. This way you don't run out of liquid blurt to pay commissions. Keep going. Go ahead, we need many more curation programs that look for original content. Let's make blurt big.
The power down method gives the exact amount needed for curation. The curation fee is the is the biggest expense for most users.
It also eliminates the stress involved in trying to guess rewards for a post.
Comments are kind of problematic. In my case, the curation reward I recent for a comment (0.27 BP) covers the posting fee. If I am desperate to pay for a comments, I can just upvote the thing.
Thanks.