It appears to be running a variation of the old Steemit site software with a couple of significant changes:
- No downvotes. That will please many people, but it does mean there is no way to reduce rewards in cases of abuse.
- Fees for most transactions. This is probably intended to keep spam under control given that there are no downvotes. It costs a few thousandths of a BLURT to post, comment, follow and transfer.
- There is no 50/50 payout options. It is just Power up 100% or Decline Payout.
Anyone with a Steem account before the fork should have had an airdrop of BLURT matching their STEEM, but with a current price of around 0.7c it will be worth a lot less.
I see a few people I know posting there. Some duplicate what they post on Hive, but others are churning out posts (shit/junk?) to earn something, possibly with self-votes. Trending posts are making less than $10. I have done a few posts there to test the water.
Like many others I have been powering down my BLURT (13 weeks) as I have no use for the platform. For the extra work it creates it is not worth my time and I suspect it is not going to take off. I would rather invest in Hive. The @ionomy exchange has BLURT/BTC and BTC/HIVE pairs, so I had been using that to sell what I had.
I may spend some of this on some Rising Star card packs. I am powering up all my HIVE in my quest to become an orca, but this extra income is a bonus and I do not mind spending it on games.
Of course, if you think Blurt has a bright future then it is a great time to buy lots of their tokens. What do you think?