The Curation Reward Dividends were distributed last week (Link) and it's time now to open Level 23. The pace of moving to higher levels has gone a bit slower as of late mostly because not all shares were bought up last round. The model has a built-in mechanism that increases returns for shareholders whenever shares are being burned (8.4% of all shares are burned giving extra value to shareholders now). I always hoped the numbers would promote the project by itself, but I might have to do some manual promotion soon. There are still 16inactive shares that are reserved to promote the project and if needed I will start using some of those (If I find the time). Regardless of the pace, the project will continue to move forward and grow stronger!
The account has now 6117 HP Powered Up and 50 more shares have been unlocked which opens up Level 23 !
- | Tribe | Currentl Power | Multiplier |
---|---|---|---|
Hive | 7075 HIVE | 1x | |
Leofinance | 607 LEO | 10x | |
Palnet | 1676 PAL | 3x | |
Sportstalk | 270776 SPORTS | 10x | |
dblog.io | 1000 DBLOG | 10x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
- | 50 | Available Shares |
---|---|---|
Share Price | 4.580 HIVE | Can be recovered at any given time by selling the share to someone else, 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 | 4.880 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 4.580 HIVE Share Price can be claimed back in case the project ever ends or sold at any given time!) |
---|---|
Tribe Upvotes | 607 LEO-1676PAL-270000SPORTS-1000BLOG 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 23 Price = 4.580 HIVE| Minimum Powered Up HP in Account = (4.580 HIVE x 1200 SHARES)x1.1 = 6046 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 23 this is 1000% / 1200 Shares = 0.83% 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 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 0.83% 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. On top, 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 has proven to work!
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 4.880 HIVE) to the @upvoteshares account with the memo
Payment Level 23 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) 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.
Hello! Here's my payment for 5 more Shares.
My five nominees to sponsor with @minnowshares are:
thanks Trin for nominating me.
Thank you very much this is a surprise will definitely read more about this initiative 💕
Sorry for the delay @trincowski.
5 extra shares [Share 1161 to 1165] have succesfully been assigned and the sponsorships have been noted. You now have 55 Shares and your daily upvotes remain at 100%. The curation reward dividend multiplier for all your shares has increased from +10% to +11%
Thanks!
Five shares, please.
I'll nominate the minnowshares later.
Thank you!
Thanks @ervin-lemark,
5 extra shares [Share 1151 to 1155] have succesfully been assigned to you. No rush on the Sponsorships, let me know whenever you can. You now have 40 Shares and your daily upvote has set at 100%. The curation reward dividend multiplier for all your shares has increased from +7% to +8%
Cheers!
Thank you very much. Here are the sponsored ships:
Thank you my friend :D
Thanks my good friend 😊. This has encouraged me a million ways ❤️ 😊. I really do appreciate
Noted, thanks!
I'll add them all today
Two shares please, @mercurial9 sponsor them again.
Thank you.
Thank you @bashadow
You are welcome.
Thanks @bashadow!
2 extra shares [Share 1156 and 1157] have succesfully been assigned and the sponsorships have been noted. You now have 22 Shares and your daily upvotes have increased to at 62%. The curation reward dividend multiplier for all your shares has increased from +4% to +4.4%
Thanks
Thank you I do appreciate the program.
👍🏾
i should have enough extra hive later today to afford a share. .. everyone thinks its a good move and would recommend? ?
Yes, it's a very nice program! 😀
Hey @quinnertronics
I's say look into the project and let the numbers do the talking. It has been running for 2 years and there hasn't been a single shareholder that sold their shares yet (everyone is free to do so at any given time). On Steem where we started, everyone that wanted got their shares refunded as promised (See Post)
For as far as value goes, 1 share gets you a weekly upvote of 7x2.8% (20%) of this account which currently has over 7000 HP in it (with more shares it switches to daily upvotes and everyone with 11 shares or more also gets curation reward dividends). You can perfectly do the math how much 4.58 HP gives when fully using it to self vote on a weekly basis. In that regard, this project I would say offer tremendous for everyone that is in it for the ling run. Make sure to check the Terms & Conditions where you can find every detail of this project.
If you have any specific questions, feel free to ask!
thanks for responding!
pretty sure I've decided to move forward with it (will be 1st actual investment, not just delegation)
but i am but a mere plankton still learning how to swim in the sea of big dogs...and swapped my hbd before all my rewards came in yesterday, so im still waiting until tomorrow for that last .5 hive to trickle in, but i plan on signing up this weekend.
thanks again
Thanks @quinnertronics,
1 share [Share 1160] has succesfully been assigned to you and you are now followed by the account. Feel free to let me know who you want to sponsor. You were added to the upvote list for a weekly 20% upvote.
Cheers,
hi please add two shares for me
Thanks @ariefm
2 shares [Share 1161 and 1162] have succesfully been assigned to you and your account has been followed. Feel free to let me know who you want the 2 sponsorships to go to. You have been added to the upvote list for a weekly upvote of 39%.
The project normally requires 40HP for each share you are allowed to get, I assume you are planning to build your HP over time which makes it no real problem to get 2 shares instead of one. Good luck and if you have any questions, always feel free to ask.
cheers,
Please add @puncakbukit as a sponsor
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