Level 33
Things continue to move forward at a nice pace with Level 33 opening up today bringing 50 new shares in circulation. 35 of those have already been scooped up by @luizeba who contacted me directly about it and his shares along with the sponsorships have already been processed. That leaves only 15 Shares that still are available in this level before they are all gone. They will go first come first served and refunds will be done for those that turn out too late if that would be the case.
I continue to slowly add some more tribe tokens, even though most are not that much. Every bit provides some added value to shareholders that are active in these tribes.
- | Tribe | Currently Staked | Multiplier |
---|---|---|---|
Hive | 12116 HP | 1x | |
Leofinance | 700 LEO | 10x | |
Palnet | 2500 PAL | 2x | |
Sportstalk | 385000 SPORTS | 10x | |
Neoxian | 14500 NEOXAG | 5x | |
ClickTrackProfit | 590 CTP | 10x | |
Proof Of Brain | 500 POB | 5x | |
1up.zone | 1000 ONEUP | 5x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
- | 50 | Available Shares |
---|---|---|
Share Price | 5.180 HIVE | Can be recovered at any given time by selling the share on the market, but comes with a 0.200 HIVE exit cost which benefits all other shareholders. |
Share Entry Cost | 0.300 HIVE | Will fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship. |
Total | 5.480 HIVE | The Total Hive for 1 Share |
1 Daily or Weekly upvote from the @upvoteshares Account | This for as long as this project runs. (the 5.180 HIVE Share Price can be claimed back in case the project ever ends or sold at any given time!) Everyone with <6 shares will get 1 weekly upvote with a x7 value. |
---|---|
Tribe Upvotes | The table above shows the staked Tribe tokens which will increase the payouts on posts with that tag! |
1 @minnowshares Sponsorship Giveaway | Can be Sponsored to someone by choice to accounts that are minnows. |
At any given time, the amount of HP in the account will at least be 10% higher compared to the current share price based on the number of shares. [ Example Level 33 Price = 5.180 HIVE| Minimum Powered Up HP in Account = (5.180 HIVE x 1700 SHARES)x1.1 = 9687 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 31 this is 1000% / 1700 Shares = 0.59% Upvote.
This is the Minimum Guaranteed number in case every single share is active and all daily upvotes are used without counting any of the value-creating mechanisms the project offers. The minimum value goes up each time a new level is reached because shares will always become more expensive as the account grows and extra HP is being added to each new level. Those who got in on previous levels paid less for each share and have increased their minimum return a bit (see numbers). To compensate for the 50/50 curation rewards the program also pays out Curation Dividend Rewards each time a new level is reached. The latest payout report can be found here
The project has been going for years and all the value-creating mechanisms are starting to show results as the 0.58% minimum promised daily upvote was set at 2.8% in the previous levels which is where it will remain as the Voting Power managed to hold up. In Level 34 it most likely will get adjusted for the first time since long. All existing shareholders always got their shares at a cheaper price compared to what these percentages are based on, Curation Reward Dividends are being paid out and the Tribe Upvotes are also being distributed. This is all done in a way that nobody is losing their initial investment because of a solid model that simply works providing excellent value for what needs to be contributed!Every Upvote Share comes with 1 Minnow Share that can be sponsored. The ones that get sponsored get on the auto-upvote list from the @minnowshares account until the next level is reached. Everyone who manages to get sponsored 9 Minnow Shares over time can claim 1 Upvote Share.
The account of every Shareholder will be followed by the @upvoteshares account, this increases the followers_mvest which potentially helps to get extra support from other programs.
Send the required HIVE for the number of shares you want (Shares x 5.480 HIVE) to the @upvoteshares account with the memo
Payment Level 33 Shares, I understand how this project works and agree with all terms and conditions (https://hive.blog/curation/@upvoteshares/upvote-shares-or-terms-and-conditions-qc10mo)
I will review the request (make sure you have read what this program is about here) and grant the shares adding you to the upvote list leaving a message below this post or decline the request and refund the Hive to you along with the reason it was declined. If you are not sure if you qualify or if there are shares left available feel free to make a request in the comments below.
If you are new to this project, feel free to do all the calculations yourself and ask any of the existing shareholders about their experience with this project so far.
List All Shareholders
I'll keep level 33 open until the point is reached where all shares are sold or when after a couple of weeks in case they don't sell out. After that It might take a bit longer to reach level 34 and I will put some time in sorting out all the sponsorship minnowshare conversions.
Posted Using LeoFinance Beta