Introducing a New LEO Token Sink & Writing Contest | The Leo Weekly Writing Contest For Investment Content
It is no secret that we have a heavy focus on rewarding our content creators who contribute high quality content to the #steemleo community. These contests are a great way to both reward these awesome content creators as well as burn LEO to decrease the supply & positvely influence the economy.
Steemleo is a platform for investors to talk about their passion. Investing is a very broad topic and we all come from different walks of life.
It’s always fun to scroll through the feed and randomly discover a great piece of content, but sometimes an organized competition can provide an opportunity to view a singular topic through the perspective of a variety of people from different backgrounds.
We are announcing The Weekly Leo Writing Contest as a means to encouraging more high-quality, investing-related content on the Steemleo platform as well as a way to connect with your fellow Steemians and bond over a single topic.
The contest details are as follows. If you have any other questions, drop a comment below or hop in our discord and we’ll answer them as soon as possible. Happy writing 🔥
Contest Details
The Writing Prompt: "What does investing mean to you?"
Additional (optional) ideas to help you write:
- Why did you get into investing?
- How long have you been investing for?
- What do you invest in and why?
- What is your end goal with investing? (financial freedom, extra income etc.)
Entry Fee: 10 LEO (sent to @steem.leo with your post link in memo — we will save your post for curation and then send 100% of these fees to @null and burn them) Minimum of 300 words Deadline for Submissions: Exactly 5 days from this announcement (due by July 21, 2019) Upvotes: We’ll be regularly curating all of these post submissions as well. Vote weight will depend on our subjective grading of the writing presented Tag #steemleo: of course, these posts will all fall under the niche of investing so be sure to use our community tag!
Prize Pool:
* **First Place** —> 30 SBI Shares + 75 LEO Power + Featured in The Daily Leo Newsletter * Second Place —> 15 SBI Shares + 50 LEO Power * **Third Place** —> 10 SBI Shares + 25 LEO PowerFAQ:
**Why is there an entry fee? —> the entry fee of 10 LEO is in place for a few different reasons. The two main reasons are:
- We will burn** those LEO tokens at the end of the contest
- Helps us sort through the submissions and have higher quality content on the platform
**LEO Power (LP) = staked LEO distributed to your Steem account.
*How are the winners chosen? --> we curate the content subjectively and the 3 posts we find to be the best will be chosen for the top 3 slots.
*What are SBI Shares = SBI stands for Steem Basic Income and they provide a means for all Steemians to earn regular STEEM upvotes on their content. Learn more: @steembasicincome
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