This idea behind this project has always been that smaller consistent upvotes are the most valuable as they highly increase the retention rate. The model that is used requires both decent enough post quality along with shareholders to have 40 SP powered up for each share they are able to get. The Sponsorships that come along with getting shares for yourself on top spread some love on the blockchain and help smaller accounts grow. The value comes from both the program that invests extra SP every level along with all the SP from shareholders that end up giving up which gets distributes over all active shareholders. All this while nobody loses their initial investment as the powered-up Steem will be returned in case this project ever comes to an end and shares can also be sold at any given time.
From now on I will no longer use a reservation list when a new level opens up since it's easier to get in these days and it will save me a lot of time. Existing shareholders will always be first in line when next Shares become available. See Below "How To Get In..."
|-||Tribe||Currently Staked||Steem Value||Multiplier|
|Steemit||4816 STEEM||6092 STEEM||1x|
|Steemleo||500 LEO||95 STEEM||5x|
|Sportstalk||64000 SPORTS||43 STEEM||3x|
|Palnet||758 PAL||26 STEEM||1x|
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
The account has reached 4796 SP unlocking level 19 (See Table) after level 18 opened up over a month ago. This means 50 new shares from the @upvoteshares account that spreads out daily upvotes become available.
|Share Price||4.340 STEEM||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 STEEM||Will fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship.|
|Total||4.640 STEEM||The total Steem for 1 Share|
|1 Daily upvote from the @upvoteshares Account||This for as long as this project runs. (the 4.340 STEEM Share Price can be claimed back in case the project ever ends or sold at any given time!)|
|Tribe Upvotes||758 PAL-500 LEO-65000 SPORTS is staked by the account which will increase the payouts on posts with that tag!|
|1 @minnowshares Sponsorship Giveaway||Can be Sponsored to someone by choice. Only accounts with roughly around <500$ worth of STEEM or that currently have between 1 and 9 sponsorships qualify. The current sponsorship count will be updated tomorrow on the @minnowshares account.|
At any given time, the amount of SP in the account will at least be 10% higher compared to the current share price based on the number of shares. [ Example Level 19 Price = 4.340 STEEM | Minimum Powered Up SP in Account = (4.340 STEEM x 1000 SHARES)x1.1 = 4774 SP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 18 this is 1000% / 1000 Shares = 1.00% 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 SP is being added 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 that were introduced with HF21, this program now also pays out Curation Dividend Rewards. More info on those can be found here
The account currently has 6092SP and the upvote percentage for each share will be set at 3%. Add to that the extra upvotes that are given out from the staked tribe tokens, the Curation Reward Dividends, the fact that the minimum returns for each share increase every new level and it's easy to see how the returns currently for active shareholders are far greater compared to the 10x self-upvote reference. The model that is used which always makes the shares more expensive each new level along with the fact that all unused upvotes flow back to active shareholders make this all possible.
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 will help to increase the followers_mvest needed to get / increase busy.org | busy.pay upvotes and also helps to boost your @steem-ua score.
Send the required STEEM for the number of shares you want (Shares x 4.640 STEEM) to the @upvoteshares account with the memo
Payment "enter amount of shares" Level 19 Shares, I understand how this project works and agree with all terms and conditions (https://steemit.com/steemit/@upvoteshares/upvote-shares-or-terms-and-conditions)
I will review the request (make sure you have read what this program is about) and grant the shares adding you to the upvote list leaving a message below this post or decline the request and send the Steem back to you along with the reason it was declined. 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.