Hello! I'm very interested in joining the project, but I want to ask something first.
In HSBI, for example, the "voting power" keeps acumulating day after day, without any limit. If I don't post for a whole year then start posting, I'll receive the accumulated voting power from this whole year.
How this works in UpvoteShares? I saw that the shareholders can receive "'1 upvote a week or 1 upvote each day"; but what if I stay a whole week without posting? Do I "lose" that weeks voting strenght, or is it accumulated to the next week?
Also one of the main differences with HSBI is that you instantly lose your initial investment and it takes a long time to earn that back before you really start earning something. I made an post way back comparing Upvoteshares with other upvote groups and the fundamental flaws they have. (https://hive.blog/money/@costanza/upvoteshares-model-mechanics)
That should give you a good view on how everything works.
Thanks for your explanations, Costanza. I'll read your post right now :)
This is only partially true of Hive SBI; subscriptions are subject to a refund policy that kicks in whenever there are material changes to the program. Since the fork from Steem into Hive SBI was considered a material change, anyone that enrolled prior to that fork can capture most (if not all) of their enrolled value.
We are working on a v2 updated release that will also be considered a material change once it goes into effect.
Nice to see @steembasicincome is going strong! The article dates back from 3 years ago and I haven't been caught up that much on the development. I should read up on it when I find some time.
Thanks for showing interest @luizeba!
The way it works here is that the voting power doesn't accumulate but instead it gets reditributed to all other shareholders that are active. It's one the reason that the upvotes are so much higher compared to Voting power / amount of shares. Not everyone posts each day and since the project has been running for years there are many shareholders who kind of dropped Hive while leaving their shares in place (they can be sold at any given time). The point of this project has always been to reward those that are in it for the long run and are able to put in the consistency the most which is exactly what the project has been doing.
I would say, all the numbers are out there and you can make the calculations to see if it is worth it for you.
If you have more questions, always feel free to ask!