Why it's important to seek out potentially great projects/dapps and delegate to them early. My experience with @actifit and @steemhunt by direwolf

View this thread on steempeak.com
· @direwolf · (edited)
$1.89
Why it's important to seek out potentially great projects/dapps and delegate to them early. My experience with @actifit and @steemhunt
As you might already know if you delegate STEEM Power (SP) to dapps like @actifit and @steemhunt you get rewarded with their AFIT and HUNT tokens.

However the amount of tokens you get from the delegation now and delegation at the start of the project is vastly different (more than 5x less tokens per 1 SP delegated) as I have personally experienced.

@actifit example:

I'm currently delegating 1400 SP to @actifit. On May 7th that earned me 225 AFIT tokens.

That's roughly 0.16 AFIT tokens per 1 SP. That about 1:6 ratio.

![afit.jpg](https://ipfs.busy.org/ipfs/QmbwxzwDNe4ZEXAvS2XWJfF3k8hdw4EZWTWbtqE4McG5JB)

4-6 months ago however that ratio was 1:1. So I would have been earning 1400 AFIT's per day. That's quite a difference wouldn't you say.

@steemhunt example

In @steemhunt it's about the same. I used to delegate 100 SP to @steemhunt and get roughly 90-100 HUNT tokens per week (almost 1:1 ratio on a weekly basis)

Now that ratio has gone way done which is why I delegate less now. I delegate 5 SP and got 0.34 HUNT tokens this monday. That's 0.06 HUNT's per 1 SP delegated per week. Tha's even less than with @actifit.

![hunt del.jpg](https://ipfs.busy.org/ipfs/Qmcg79F143sQxHK415JYePM3Fqa2TsRcQPz8giqncSuMj7)


----

# Lesson

Invest in Steem Power and get in early on projects with good potential that will no doubt be coming in the following months on the steem blockchain.

How to know which projects are good? Follow steemians like @taskmaster4450 and @exyle which have a good sense and keen eye for such things. I appreciate their thoughts on projects.

They're the biggest reason I got in on @steemhunt and @actifit early.

Plus do your own research. At the end of the day it was my decision and I'll probably reap huge rewards from that decision.

Oh and if you feel like you lost an opportunity with Afit and Hunt you can still earn some decent amount by doing physical activity with the @actifit app and searching/hunting for products on steemhunt.com.



👍  , , , , , , , , , , , , , , ,
properties (23)
post_id74,392,843
authordirewolf
permlinkwhy-it-s-important-to-seek-out-potentially-great-projects-dapps-and-delegate-to-them-early-my-experience-with-actifit-and
categorysteem
json_metadata{"community":"busy","app":"busy\/2.5.6","format":"markdown","tags":["steem","actifit","steemhunt","busy","delegation"],"users":["actifit","steemhunt","actifit.","taskmaster4450","exyle"],"links":["\/@actifit","\/@steemhunt","\/@actifit","\/@actifit","\/@steemhunt","\/@steemhunt","\/@steemhunt","\/@actifit","\/@taskmaster4450","\/@exyle"],"image":["https:\/\/ipfs.busy.org\/ipfs\/QmbwxzwDNe4ZEXAvS2XWJfF3k8hdw4EZWTWbtqE4McG5JB","https:\/\/ipfs.busy.org\/ipfs\/Qmcg79F143sQxHK415JYePM3Fqa2TsRcQPz8giqncSuMj7"]}
created2019-05-08 17:36:39
last_update2019-05-08 17:40:15
depth0
children3
net_rshares4,467,670,611,279
last_payout2019-05-15 17:36:39
cashout_time1969-12-31 23:59:59
total_payout_value1.459 SBD
curator_payout_value0.427 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,983
author_reputation30,666,673,307,131
root_title"Why it's important to seek out potentially great projects/dapps and delegate to them early. My experience with @actifit and @steemhunt"
beneficiaries
0.
accountbusy.org
weight1,000
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (16)
@niallon11 ·
$0.04
Solid advice. It's good to get in there early as the rewards are much better. Obviously there is a lot more risk too as a lot of projects fizzle out but when you get into ones like @actifit and @steemhunt, there is huge potential.
👍  ,
properties (23)
post_id74,396,505
authorniallon11
permlinkre-direwolf-why-it-s-important-to-seek-out-potentially-great-projects-dapps-and-delegate-to-them-early-my-experience-with-actifit-and-20190508t185844481z
categorysteem
json_metadata{"tags":["steem"],"users":["actifit","steemhunt"],"app":"steemit\/0.1"}
created2019-05-08 18:58:45
last_update2019-05-08 18:58:45
depth1
children1
net_rshares80,122,717,833
last_payout2019-05-15 18:58:45
cashout_time1969-12-31 23:59:59
total_payout_value0.028 SBD
curator_payout_value0.008 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length230
author_reputation68,478,707,640,592
root_title"Why it's important to seek out potentially great projects/dapps and delegate to them early. My experience with @actifit and @steemhunt"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@direwolf ·
Definitely, it's good to do some research (possible competition, potential user base etc.) to find a project that's more likely to make it.

At the end of the day the only thing you could lose with delegating SP is a missed opportunity.
properties (22)
post_id74,397,708
authordirewolf
permlinkre-niallon11-re-direwolf-why-it-s-important-to-seek-out-potentially-great-projects-dapps-and-delegate-to-them-early-my-experience-with-actifit-and-20190508t193044437z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit\/0.1"}
created2019-05-08 19:31:39
last_update2019-05-08 19:31:39
depth2
children0
net_rshares0
last_payout2019-05-15 19:31:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length236
author_reputation30,666,673,307,131
root_title"Why it's important to seek out potentially great projects/dapps and delegate to them early. My experience with @actifit and @steemhunt"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ocdb ·
re-direwolf-why-it-s-important-to-seek-out-potentially-great-projects-dapps-and-delegate-to-them-early-my-experience-with-actifit-and-20190510t191708338z
You got a 1.26% upvote from @ocdb courtesy of @direwolf! :)

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 20 SBD and the equivalent amount in STEEM.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our [Discord channel for more information.](https://discord.gg/k2Hu77b)


If you like what @ocd does, consider voting for [ocd-witness through SteemConnect](steemconnect.com/sign/account-witness-vote?witness=ocd-witness&approve=1) or on the [Steemit Witnesses page.](https://steemit.com/~witnesses) :)
properties (22)
post_id74,527,049
authorocdb
permlinkre-direwolf-why-it-s-important-to-seek-out-potentially-great-projects-dapps-and-delegate-to-them-early-my-experience-with-actifit-and-20190510t191708338z
categorysteem
json_metadata{"app":"ocdb\/1.9.3"}
created2019-05-10 19:17:09
last_update2019-05-10 19:17:09
depth1
children0
net_rshares0
last_payout2019-05-17 19:17:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length575
author_reputation3,405,824,162,324
root_title"Why it's important to seek out potentially great projects/dapps and delegate to them early. My experience with @actifit and @steemhunt"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000