The analyst did a similar analysis in December to show the Trend and Distribution of Benefactor Rewards. A lot of things happened since in terms of new frontend apps getting created, huge delegations from known Steemit Inc. accounts to some of the popular apps, and the shift from use of Steemit in terms of posting nearly 70% of the time in December 2017, to a growing share of posting from other apps leaving Steemit with less than 60% of posting share in February 2018.
To highlight changes from the earlier analysis linked in the Detail Section, this analysis will look at the following data-points:
- Top 25 Authors/Contributors to Dtube Benefactor Rewards
- Top 25 Authors/Contributors to Utopian Benefactor Rewards
- Top 25 Authors/Contributors to Dsound Benefactor Rewards
This analysis will study the monthly trend of the Steem Power payout from the implementation of Benefactor Rewards through Hard Fork 18 in April 2017 till March 21, 2018. The data was extracted between 10:00AM to 10:30 AM GMT. The analyst will also take a closer look at the top beneficiaries and benefactors.
The analyst used arcange's Steem SQL Database to obtain the data related to the Benefactor Rewards using the VOCommentBenefactorRewards table. Variations of the below query were used to put together this analysis:
SELECT
VOCommentBenefactorRewards.benefactor,
YEAR(VOCommentBenefactorRewards.timestamp) AS [YEAR],
MONTH(VOCommentBenefactorRewards.timestamp) AS [MONTH],
Count(VOCommentBenefactorRewards.benefactor) AS [Incidents],
Count(distinct VOCommentBenefactorRewards.author) AS [Contributors],
LEFT(reward, LEN(reward) - 6) AS [Vest]
FROM
VOCommentBenefactorRewards (NOLOCK)
WHERE
YEAR(VOCommentBenefactorRewards.timestamp) = 2018 AND
MONTH(VOCommentBenefactorRewards.timestamp) > 0
GROUP BY
VOCommentBenefactorRewards.benefactor,
YEAR(VOCommentBenefactorRewards.timestamp),
MONTH(VOCommentBenefactorRewards.timestamp),
VOCommentBenefactorRewards.reward
Note: After removing the extra characters "VESTS" from the rewards column, the strings defaulted to text format. The analyst used the transform function to convert the strings to decimal in Microsoft Excel 2016.
The data were aligned using Microsoft Excel 2016's pivot, and the charts were built via Microsoft's Power BI.
There's been a steady growth in the benefactor rewards in terms of count of authors posting their contents in apps with benefactors (or specifying beneficiaries themselves), number of contents posted with specified beneficiaries, and Steem Power rewarded. Between April 2017 till February 2018, there's been 188,000 Steem Power rewarded as Benefactor Rewards.
The pie chart in the lower right hand side highlights the growth showing nearly 50% of the total Benefactor Rewards from April 2017 to February 2018 were given between January and February 2018. Note the huge delegation from known Steemit Inc. accounts went out to dlive, dtube, dsound, dmania, and esteemapp which are all frontend applications in the Steem Blockchain (collecting benefactor rewards) between January and February 2018.
When the analyst did a similar analysis with 2017 data, esteemapp, dtube, and chainbb (in that order) were the top 3 in terms of SP gained through benefactor rewards.
In terms of count of post/contribution, the frontend applications available through mobile are at the top as shown in the chart below.
This chart shows the top 25 contributors to Dtube's benefactor rewards. The pie charts to the left shows that over 31% of the benefactor rewards are generated from just a little 4% of the posts/contributions from these 25 author. In total there were 11,394 authors from whom dtube collected benefactor rewards from.
There were a total of 3,432 contributors to utopian between January 1 to March 21 who generated benefactor rewards. The top 25 (0.73%) gave 14.15% of the total benefactor rewards for utopian. At least 8 of the top 25 are known supervisors or moderators of utopian.
With 2587 Steemians who generated the whole benefactor rewards for dsound, 1% (25 authors) generated almost 40% share. d-pend is regularly posting his poems and reciting it over dsound, danieldyemusic is posting his singing performances, while drkent is a musician/music enthusiast sharing his pieces and great finds in dsound.
Benefactor Rewards created a facility to compensate developers and groups who are contributing to having diversity and variety in the ways contents are posted in the Steem blockchain. There are varying opinions about it; those who are new in the platform thinks of it as operators taking their earnings, while more seasoned Steemians understand why it is needed. I think this system will continue to grow as more apps are created, and posting activities are spread wider between the many front end apps. The Steemit Inc.'s delegation is pushing the benefactor rewards higher, while at the same time making sure that contributors are getting rewarded.
I may be a little biased, but the data suggests that utopian's distribution of rewards is the best amongst the top 3, which can be directly attributed to the moderation system. dtube is manually curating contents, and dsound seems to be doing the same.