Why I delegated to AMR's engagement project
Without fail @amr008 comes out with a post like this every week. It is a big list of people who delegate their tokens (POB, LEO, CTP, STEM, SPORTS, and WEED) to @amr008's engagement project and the rewards that they received by doing so.
I always checked out the list as I appreciate all of the stats that @amr008 publishes for the benefit of the community, but I was never quite sure what the "engagement project" was all about, aside from paying people dividends for receiving delegations of different tokens.
So, I did a little bit of digging.
What I found
What this project does, in a nutshell, is upvote the top engagers on the above listed platforms. Top engagers are ranked based on quality of comments, number of comments, number of different writers / posts they commented on etc. The top 25 engagers on the respective front-end (Top 50 on Proof of Brain) will receive a big fat vote from the fitting @amr008 account. On POB, as a top engager, your comment may receive a vote from @amr008.pob, with nearly 43,000 POB power.
You can look at one of my comments here that got a nice boost.
Why support this project?
The beauty of this project is that it incentivizes commenting. It incentivizes engagement. Much like @calumam's WOTW contest, it encourages the community to be a community. This is a good thing. Another good reason to support this project is to support the best actors on the platform. The people who comment the best, most and most places really are who we want to support on this platform. They are the ones who read your post and then talk about it with you afterwards. Don't we want more of those people around? The top engager's do deserve to be rewarded for their often selfless act... because commenting is usually not the most lucrative thing to do on the blockchain.
This project rewards engagers who comment from the front end of the tribe only. This encourages people to do their daily POB'ing on the POB front end, or their LEO'ing on the LEO front end... Why does this matter? The more activity a tribe front end has, the higher the site will be ranked. Higher ranked websites draw more attention and garner higher advertising revenue etc. So, activity on these tribe front ends is vital to their success. More ad revenue on POB will directly benefit everyone that is involved in the tribe.
It shouldn't hurt your bottom line too much. Delegators can expect weekly dividends for supporting the project. Last week's APR's were as follows (taken from the post linked above).
POB - 232.45 % - 100 delegated tokens will get you 4.4 POB at the end of the week
WEED - 10.4 % - 100 delegated tokens will get you 0.2 WEED at the end of the week
LEO - 26.83 % - 100 delegated tokens will get you 0.52 LEO at the end of the week
CTP - 31.89 % - 100 delegated tokens will get you 0.61 CTP at the end of the week
STEM - 12 % - 100 delegated tokens will get you 0.23 STEM at the end of the week
SPORTS - 44.2 % - 100 delegated tokens will get you 0.85 SPORTS at the end of the week
Please keep in mind that these numbers change as delegators come and go, so these numbers are subject to change.
I feel that @amr008 is very good at putting together data, but not so much at building hype for the engagement project, so, I figured I would give the project a bit of a boost. There are pretty good benefits to delegating your power to the respective account (shown below with current power-up stats) both for yourself and also for the tribe and ultimately the entire Hive ecosystem.
Delegation accounts and the amount of respective power -
LEO - @amr008.leo - 26,927.90
CTP - @amr008.ctp - 48,573.71
STEM - @amr008.stem - 42,020.18
SPORTS - @amr008.sports - 52,500,055.34
WEED - @amr008.weed - 18,295.14
POB - @amr008.pob - 42,855.39