The Problem
Creating accounts on STEEM is not free. Not everyone wants to pay $2-$5 for a social media account. After HF20, using your RCs, you can claim accounts but for that, you also need to have enough SP. Newer accounts don't have that leverage in general.
The Solution - "INVITE" Token
Since we have the RCs and you have some SP to spare, we are introducing INVITE Token to solve the above problem.
INVITE is a Steem-Engine token which can be used to buy accounts from STEEM Ninja Invite Tool.
1 INVITE = 1 STEEM ACCOUNT
Earn "INVITE"
There is only way to get hold of INVITE tokens and that is by delegating to @steem.ninja. For the convenience of interested Steemians, we have made a delegation tool inside https://invite.steem.ninja/. Please feel free to delegate the amount you feel is appropriate for you! Minimum delegation hold period is 7 days to get at least one payout.
Payouts
- Payouts will happen every 7 days into your Steem-Engine wallet with the number of INVITE tokens you earn in the week.
- We are starting by giving 300 accounts per 7 day period. If you delegate to @steem.ninja you get a portion of the 300 accounts that week depending on how much you delegated in proportion to other delegations. If the program does well we will make more accounts available in the future.
You can always checkout the next payout date on the timer present at https://invite.steem.ninja/
Redeem "INVITE" for real STEEM Accounts
- There are simple steps to redeem your INVITE tokens for voucher codes. Which can be used by outsiders to get started.
- Click on "Create Instant Account With INVITE" and then enter your username.
- Pay with KeyChain
Once the transaction is complete, you will then get a voucher code which can be used by anyone to create a STEEM Account. Account will come with zero delegation. The Steemian who invited the new user is encouraged to delegate 15 SP to the new account and make sure that the account is not abused.
You can check your delegation on this page with some interesting estimates & data:
BTW, did you notice the cool stuff? Yes, this one's coming:
FAQs
Q. Can I buy INVITE Tokens?
A. If you want to buy INV tokens, you might think to buy a STEEM Account through https://steem.ninja/
Well, they will be available for trading on Steem Engine after the first distribution is made.
Q. How much I can delegate?
A. It's a free market with limited supply. We are starting out with 300 accounts per week. The more you delegate, the more INVITE you can earn w.r.t other delegations. Game of proportions, you see. Fact Check: In order to create 300 accounts per week, it requires about 1 Million Steem Power.
Q. How many accounts I can buy with 1 INVITE tokens?
A. 1 INV = 1 STEEM Account
Q. The new accounts created after redeeming INVITE tokens will have delegation?
A. NO. The Steemian who invited the new user is encouraged to delegate 15 SP to the new account and make sure that the account is not abused.
Q. How many accounts I can buy with 1 INVITE tokens?
A. 1 INV = 1 STEEM Account
Q. When does payout happen?
A. Every 7 days. To get the payout, your delegation should be at lease 7 days old.
Q. Can I trade INVITE with other Steem-Engine Tokens?
A. Not right now. This will be possible as long as the delegators receive their INV tokens after the first round put their tokens for sale on the market on steem engine dex
Q. Can I delegate any other TOKEN power except SP?
A. Not now but in future we will accept PAL Power delegations too.
If you appreciate the work we do for the blockchain and its members, please vote for our witness @oracle-d by going to https://steemitwallet.com/~witnesses or directly through SteemConnect
Your vote is highly valuable for us and thank you for being a part of this Journey! Also, please do not hesitate to connect with us for any kind of collaborations that can help the STEEM Community grow.