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Introducing RealityHubs! A place for reviewers.

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6 months ago7 min read

Introducing Realityhubs

I’ve been trying to create a home for folks on the Steem blockchain, and this is one of the chance to make it a reality. Lately, many projects sprung up on steem engine, which attracts a bunch of users. I discovered I can also table my idea for everyone to benefit. This is what instigated the implementation of Realityhubs. Since Steem engine allows the creation of custom tokens and a Customized UI, based on Steemit condenser on the Steem blockchain, I am happy to announce www.realityhubs.com.

What is Realityhubs?

RealityHubs is a social media platform where everyone gets rewarded for sharing their perspectives on products, nature, photographs, and other visuals. You can earn by creating and curating contents. RealityHubs leverage a robust digital points system called RHB that supports real values for digital rewards through market price discovery and liquidity. Reality (RHB) token is used in rewarding content on Realityhubs.com.

The project is built on Steem engine, using the Nitrous interface. It is a resemblance of Steemit, (A social media platform with almost the same characteristics). Realityhubs is created for people to post their contents and get rewarded in RHB tokens. If you are an existing steemian (Steemit.com user), you can log in to Realityhubs. using your Steem posting key. Preferably, use Steemkeychain browser extension. If you do not own a Steem account yet, click here to create one.

A quick overview of what realityhubs support

The platform is created for anyone using products, seeing the beauty of nature, and taking pictures. Realistically, everybody can partake in Realityhubs. Looking at what the platform offers, it is clear that everyone has something to present within their confinements. Let’s start with; ‘‘Products’’.

Products

The word products drop different thoughts in our minds, like Cars, phones, Watches, Clothes, Shoes, Foods, e.t.c. We are right, but there is more to the definition of products. We can also see products from the end of intangibility. We can see them as intangible objects to offer other benefits. It could be a piece of professional advice from a lawyer, doctor, engineer, and so on. Once people can benefit from these ideas, it is also a product you are offering to the society. Mainly, Products include events, ideas, persons, places, organizations, and the things we see around us in and outside our homes. So don’t hesitate to review your home appliances. Take a shot and tell the world everything about the product.

Nature

Nature is a natural phenomenon in our environments. Nature exists without the effort of anyone bringing it into being. Sun, Organisms, Rivers, Animals, Rocks, e.t.c, are examples of nature. You are welcome to talk about all these in your way. Just make it nice and give the original image of what you are reviewing.

Photographs

This is a specific niche. They say a picture worth more than a thousand words. Every unique object worth a shot. You visit a new environment, and you see many new things. All you need to do is to raise your camera, take the shot, add your thoughts and share it on Realityhubs. Abstract, astrophotography, creative, documentary, drone, fashion, and other types of photographic work are very welcome. So, we do not restrict you to anything.

Other visuals

One of the primary purposes of the project is your perspectives on anything and everything. You see many things of value every day, and you feel like talking about them. A visual might have a primary purpose, but what did you see that isn't clear to anyone else? This is basically about your visual impressions on Graphics, logos, Artistic Illustrations, Technical designs, and so on.

RealityHubs Token (RHB)

We created this smart contract organizational token (SCOT) to incentivize every ''Realhubbers'' (Users of the Realityhubs website) that will use Realityhub platform. As I’ve mentioned above, the platform rewards contents related to the reviewing of products, talk about nature, photographs, and other visuals.

I believe this is wide enough for everyone to contribute their quota. As users earn Reality token, they can decide to stake it in their account as RHB Power to increase their voting power or trade it on the Steem engine platform.

The payout on every post will be in 7 days. The concept of payout time is not different from what we have on steemit. Also, the value of RHB vote on any content will fluctuate depending on the market forces as well as the consensus which includes the upvotes and downvotes. And the payout will be on a 50/50 basis for author and curators.

Token distribution

The total supply of Reality token is 500,000,000 (Five hundred million), while the current circulating supply is 100,000,000 RHB (One hundred million).

We will airdrop 300,000 (Three hundred thousand) RHB tokens to active users of the Steem blockchain, which will be segmented into three tiers. The distribution will be explained below.

First tier

150,000 RHB (One hundred and fifty thousand) tokens will be distributed randomly to people who comment and resteem this post, within the next 14 days.

Second tier

We will distribute 100,000 RHB tokens to everyone that buy and stake their tokens within the 14 days airdrop period. This means if you buy and stake your token, you will get a share from 100,000 RHB reserved for stakers. For example, if you buy and stake 10,000 RHB, your share from the 100,000 will be calculated as follows;

your stake * 100,000 / total RHB staked by all users

So, if the total number of RHB staked is 260,000, you will get a bonus of

10,000 * 100,000/ 260,000 = 3846.1538 RHB Token.

Third tier

The first five people with the highest stake will receive a bonus of 50,000 RHB (Fifty thousand) tokens which will be distributed with the formula below.

staked amount * 50,000/ the total stake of the five winners.

For example, if the first position staked 30,000 RHB, and the total stakes of the first five is 120,000 RHB, the calculation goes thus.

30,000 * 50,000/120,000 = 12,5000 RHB.

All these will be distributed in 14 days, on the 5th of August 2019. We are ready to make all our users feel at home. The platform will be a place for all. No segregation. Post, buy, stake, and get the full benefit. We would be happy to have you around us.

Current selling price of RHB

The current RHB value is $0.05.
With the current Steem value, 1 Steem is equivalent to 5 RHB tokens.

Scotbot settings

author_curve_exponent: 1.0
author_reward_percentage: 50
beneficiaries_account: null
beneficiaries_reward_percentage: 0
cashout_window_days: 7
curation_curve_exponent: 0.5
downvote_power_consumption: 200
downvote_regeneration_seconds: 432000
downvote_window_days: -1
enable_account_muting: false
issue_token: false
json_metadata_app_value: json_
json_metadata_key: tags
json_metadata_value: realityhubs
miner_tokens: {}
mining_pool_claim_number: 0
mining_pool_claims_per_year: 0
muting_account:
n_daily_posts_muted_accounts: 0
other_pool_accounts: {}
other_pool_percentage: 0
other_pool_send_token_per_year: 0
pob_pool_percentage: 100
posm_pool_percentage: 0
post_reward_curve: default
post_reward_curve_parameter:
promoted_post_account: realitypromo
reduction_every_n_block: 10512000
reduction_percentage: 0.5
rewards_token: 10
rewards_token_every_n_block: 1
staking_pool_claim_number: 0
staking_pool_claims_per_year: 0
staking_pool_percentage: 0
token: RHB
token_account: realityhubs
vote_power_consumption: 200
vote_regeneration_seconds: 432000
vote_window_days: -1

Conclusion

We would like to welcome everyone willing to share their thoughts with the world. Have something intriguing? Bring it on! Follow @realityhubs.info for our upcoming announcements.

Do not hesitate to join our offline channels our Discord server, where like minds interact, share ideas, and have fun!

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