The State of Steemit
More drama on Steemit the last couple of days as projects like @steembasicincome and @upvotebuilders who both have done good things for the platform in my view became a target of downvotes with upvotebuilders closing down. All of it is based on very inconsistent arguments which makes it more of a bully behavior than anything else.
I'm sure this will all blow over and for as far as I know, @upvoteshares along with @qurator and @steem-ua have not been targetted yet. One of the objectives of this project has always been to help decent quality content creators who have SP invested build some more consistent upvotes in a way that is very fair and sustainable that also creates a friendly atmosphere with the sponsorships. I will continue to monitor the entire situation and have no direct intention of shutting the program down. The fact that this can happen has been considered and taken care of since the projects started. So in case it ever comes to an end, everyone will get their invested steem back as promised...
Level 19 is now complete 28 days after opening up. It took a little bit longer as not all shares were bought up. I did power up some of the Steem the program had on steem-engine burning those shares in the proces which does increase the returns of all active shareholders a bit more. One of the good things about the model is that no new money needs to come in in order to keep the good returns for existing shareholders. I am keeping somewhat of a low profile right now with everything going on on Steemit making sure the account slowly continues to grow.
I also continued to increase the staked steem-engine tokens...
|STEEM||5084 STEEM POWER|
Level 19 Shares
The Account reached 4774SP which opened up Level 19 and made 50 new shares available that were acquired for 4.340 STEEM each (217 STEEM Total). This was Powered Up and 21.7SP (10%) was added on top. (an equal amount was paid out as curation rewards to shareholders) The account now needs to reach 5082SP (+22SP) making every share worth 4.400 STEEM to open up Level 20 ...
|0726||@celinavisaez||@macoolette - @costanza|
Next post will be posted when the next Curation Reward Dividends will be paid out followed by Level 20 Opening up...
100% of the token earnings from this post will go towards growing this account and increasing the value of each share. As always feel free to leave remarks, suggestions or questions in the comments and let me know if I made a mistake somewhere. Thanks Everyone !