Bid-bots business model is to give passive investors the best return on investment possible in STEEM.
This is the reason why so many investors delegate to them. You passively get a 15-18% return and that's it, you don't have to do anything else.
I have always said that to compete with bid-bots, projects on the Steem Blockchain will need to find a way to offer a better return than bid-bots.
Investors will chase the better return and will simply delegate from bid-bots to these new projects.
But this is a lot easier SAID than DONE.
Yet it appears Steemhunt has found a way and it will all start from the 8th of April. Here.
I talk about it more in my blog.
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