I've been busy with a lot of things lately and moving this project forward is one of the things I have been procrastinating since it pretty much is able to run on its own. I put in the needed funds for Level 28 & 29 completing those while burning the shared a couple of months ago (see Curation Reward Payouts) and I'm opening up Level 30 right now.
Level 30
50 more shares become available for Level 30 getting us closer to having a total of 40 levels and 2000 Shares in circulation before letting everything run fully on auto-pilot after which the only way to become part of this project is to buy shares from existing shareholders.
I did add oneup from the Play2Earn Tribe 1up.zone to the list of tokens supported by the project starting with 500 1UP and I might add more depending on how much the upvotes are being used and I will set them at a x5 multiplier.
- | Tribe | Currently Staked | Multiplier |
---|---|---|---|
Hive | 9555 HP | 1x | |
Leofinance | 700 LEO | 10x | |
Palnet | 2500 PAL | 2x | |
Sportstalk | 360000 SPORTS | 10x | |
Neoxian | 12625 NEOXAG | 5x | |
ClickTrackProfit | 500 CTP | 10x | |
Proof Of Brain | 32 POB | 5x | |
1up.zone | 500 ONEUP | 5x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
- | 50 | Available Shares |
---|---|---|
Share Price | 5.000 HIVE | Can be recovered at any given time by selling the share on the market, but comes with a 0.200 STEEM 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 | 5.300 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 4.820 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 30 Price = 5.000 HIVE| Minimum Powered Up HP in Account = (5.000 HIVE x 1550 SHARES)x1.1 = 8525 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 30 this is 1000% / 1550 Shares = 0.65% 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 over years and all the value-creating mechanisms are starting to show results as the 0.65% minimum promised daily upvote was set at 2.8% in the previous level which is where it will remain as the Voting Power managed to hold up. 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 5.300 HIVE) to the @upvoteshares account with the memo
Payment Level 30 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 30 open until the point is reached where all shares are sold or when the account has enough HP in it to complete the level burning all unsold shares.
Posted Using LeoFinance Beta