Upvote Shares Level 26 Available...
@upvoteshares is a curation project from @costanza that aims to provide reliable upvotes based on a fair model that has proven to be sustainable and scalable over time. This Project is mainly aimed towards Quality Bloggers with a long term mindset. The model mechanics are better explained here.
Level 26 Today, I finally made some time to open Level 26 as the account has been ready for it for some time now after Level 25 sold out pretty quickly. The plan right now is to continue to go up until a total of 2000 Shares are reached (40 Levels) after which shares can only be bought from shareholders that want to exit. It's still a long way from here and who knows what will happen or change in the meantime. I also planned to reduce the upvotes for each share from 2.8% to 2.5% but voting power seems to be holding up so I will delay it for 1 more level keeping everything where it is adding 50 or fewer new shares this level.
- | Tribe | Currently Staked | Multiplier |
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Hive | 8755 HP | 1x | |
Leofinance | 650 LEO | 10x | |
Palnet | 2481 PAL | 2x | |
Sportstalk | 321000 SPORTS | 10x | |
Neoxian | 10500 NEOXAG | 5x | |
ClickTrackProfit | 500 CTP | 10x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
- | 50 | Available Shares |
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Share Price | 4.760 HIVE | Can be recovered at any given time by selling the share on the market, but comes with a 0.200 HIVE 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 | 5.060 HIVE | The total Hive for 1 Share |
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1 Daily or Weekly upvote from the @upvoteshares Account | This for as long as this project runs. (the 4.760 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. |
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Tribe Upvotes | 650LEO-2482PAL-321000SPORTS-10500NEOXAG-500CTP 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 can be found here |
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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 26 Price = 4.760 HIVE| Minimum Powered Up HP in Account = (4.760 HIVE x 1350 SHARES)x1.1 = 7069 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 26 this is 1000% / 1350 Shares = 0.74% 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 ). 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
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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.
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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.
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Send the required HIVE for the number of shares you want (Shares x 5.060 HIVE) to the @upvoteshares account with the memo
Payment Level 26 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
- |Total|1300
The intention is to keep Level 26 open for a maximum of 2 weeks and the unsold shares will be burned so the program can move forward.
That's it, I will do what I can to make the progression go as smoothly as possible. Feel free to ask questions if you have them and let me know if I made a mistake somewhere along the way so it can be corrected.
Posted Using LeoFinance Beta