Things have been quite busy for me these past months and actively progressing the @upvoteshares projects has not been on top of my priority list. Upvotes continue to spread out to all active shareholders and 9 shares were put up for sale last month. (See Post ). Getting more exposure for this project right now is one of the main things I need to put some work in. The numbers and returns for shares are actually really solid but aren't enough on their own at the moment. I have been using some of the converted Blurt Airdrop (See Post) buring 3 shares that did not get sold, doubling the Curation Reward Dividends, Increasing the savings now having 356 HP as a permanent extra lease to the account, extending a 317HP lease for 10+ weeks extra, Buy 10000 NEOXAG as an extra tribe token which is now supported by this project, and add some more PAL.
Right now we are at level 25 which opened up with this post. (I plan on making a post on what exactly the calculated returns are for them soon as a way to do some promotion and might do another promotional giveaway especially aiming towards @leofinance bloggers as a lot of the voting power there is not being used. The bigger this project grows, the more work it brings about for me. The plan has never been to move up to higher levels infinitely and right now I'm aiming to progress toward a total of 2000 Shares after which the only way to buy shares will be directly from shareholders who want to exit. Once we are there (It's still a while away and a lot can still change looking what happened to Steemit), I will make a proper proposal on how to progress from there on out. For now, this is Level 25 Opening up...
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
|Share Price||4.700 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||5.000 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 5.000 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||640LEO-2470PAL-315000SPORTS-10000NEOXAG are 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 to accounts that have <5000HP. The current sponsorship count will be updated later this week on the @minnowshares account.|
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 25 Price = 4.700 HIVE| Minimum Powered Up HP in Account = (4.700 HIVE x 1300 SHARES)x1.1 = 6721 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 25 this is 1000% / 1300 Shares = 0.77% 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 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
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 5.000 HIVE) to the @upvoteshares account with the memo
Payment Level 25 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 aim to have this level complete within the next 2 weeks and will make sure the account has enough HP to burn all unsold shares if needed so things can move on. I will also make a detailed post on the exact returns the projects offers at the moment mainly aimed toward Leofinance bloggers. I will also do a proper update on the @minnowshares sponsorships giving out free shares where they are due.
Posted Using LeoFinance Beta