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Upvote Shares Level 16 Available...

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@upvoteshares is a project from @costanza that aims to provide Daily Upvotes based on a fair model that is proving to be sustainable and scalable over time. This Project is mainly aimed towards Steemians with a long term mindset.

If you are not fully up to date with this project, I highly recommend reading all the details in the Terms and & Conditions! I also made a post about the Upveteshares Model Mechanics and how they solve many of the issues most other daily upvote projects have.

Steem Tribe Tokens UpdateThe platform is still in full development trying to figure out the different steem-engine tribe tokens along with the SMT's that are around the corner. I will try to manage the tokens and airdrops as good as possible and splitting the risk staking them on this account while selling them on the @minnowshares account turned out to be a good call. I will mainly try to increase the PAL holdings since nearly everyone is also using that tag. I will see if I can alter the upvote % on the SPORTS and LEO tokens that have been staked as explained in the latest post from @abh12345 after trying it out only main account first.

TribeCurrently StakedSteem Value
Palnet.io650 PAL260 STEEM
steemleo.com500 LEO55.5 STEEM
Sportstalk.social2800 SPORTS8.12 STEEM

I increased the PAL from 600 to 650 by converting some of the PORN airdrop. I am also unstaking 100 LEO to convert into PAL. I'm not sure how all these tokens work out in the near future but for now, it's a great way to give some extra value to all active Shareholders and to help the project move forward at a similar pace of 25 days to reach the next level.

The account has reached 3890 SP unlocking level 16 (See Table) after level 15 opened up exactly 26 days ago. This means 50 new shares from the @upvoteshares account that spreads out daily upvotes become available. All of them have been reserved!. The current low ~0.24$ price for 1 Steem hurts the upvote $ value but also makes it very cheap to get in for everyone who is in it for the long run and believes in the platform...

-50Available Shares
Share Price4.160 STEEMCan 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 Cost0.300 STEEMWill fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship.
Total4.460 STEEMThe total Steem for 1 Share

Level 16 Reservations

AccountReserved SharesSTEEM
@roleerob5 Shares22.3 STEEM
@costanza5 Shares22.3 STEEM
@macoolette5 Shares22.3 STEEM
@trincowski5 Shares22.3 STEEM
@barbara-orenya5 Shares22.3 STEEM
@ervin-lemark5 Shares22.3 STEEM
@hans0015 Shares22.3 STEEM
@glastar2 Shares8.92 STEEM
@meesterboom2 Shares8.92 STEEM
@jlordc2 Shares8.92 STEEM
@abh123452 Shares8.92 STEEM
@braaiboy2 Shares8.92 STEEM
@romeskie2 Shares8.92 STEEM
@fullcoverbetting1 Share4.46 STEEM
@byebyehamburgers1 Share4.46 STEEM
@bashadow1 Share4.46 STEEM
Total50 Reserved Shares

The ones who have a reservation can send the required steem to the @upvoteshares account with the memo

I will confirm when your shares have successfully been assigned in the comments below where you can also let me know who you want to give your sponsorships to. In case you don't have the Steem directly available confirm your reservation in the comments and send it later on (before 07/08/2019). If you don't want to take up your reservations also let me know if possible so they can be taken up by others. I will likely keep the voting weight at around 3.4% for each Share and will increase the upvote % as I'm assigning the new shares.

Level 15 Schedule Monday 29/07/2019 Upvote Shares Level 16 Available Friday 02/08/2019 Upvote Shares Level 16 Sold Out! Wednesday 07/08/2019 Upvote Shares Level 16 (100% Complete)

1 Daily upvote from the @upvoteshares AccountThis for as long as this project runs. (the 4.160 STEEM Share Price can be claimed back in case the project ever ends!)
Tribe Upvotes650 PAL-500 LEO-2800 SPORTS is staked by the account which will increase the payouts on posts with that tag!
1 @minnowshares Sponsorship GiveawayCan be Sponsored to someone by choice or be given away by hosting a Contest. Only accounts with roughly around <500$ worth of STEEM or that currently have between 1 and 8 sponsorships qualify. Current sponsorship count can be found on the @minnowshares account in this post.

At any given time, the amount of SP in the account will at least be 10% higher compared to the current share price based on the number of shares. [ Example Level 16 Price = 4.160 STEEM | Minimum Powered Up SP in Account = (4.160 STEEM x850 SHARES)x1.1 = 3890 SP ]

Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 16 this is 1000% / 850 Shares = 1.18% Upvote. Based on current Steem Price this is a ~0.000641$ upvote. (To calculate accurately do SP x1000 and Upvote /1000 on 1% and recalculate to 1.25% see image )

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).

There are currently plenty of inactive shares that directly increase Shares. Many of the shareholders from previous levels don't make daily posts and I try to have the Voting Power steady around 80%-90% which allow for an increased overall voting percentage to ~1700% and above. Each Level is pre-funded which means most of the SP from Level 17 will already be in the account to increase the upvote value. Leased SP from previous Levels are all still active and this will be increased by buying extra 90 day delegation from all the 0.300 STEEM entry costs. The @upvoteshares account has some savings to maintain the pace of moving to the next level in the future when it gets harder. This SP is powered up on the @minnowshares account and leased to the @upvoteshares account to give a bit extra value to shareholders (200SP). Also a big thanks to @mcoinz79 for a 100SP delegation that helps to increase the returns from all shareholders. Different Staked tokens also increase the overall returns compared to the minimum.

All this brings the expected upvote for each Share at... 1750% / 800 = ~2.2% from the @upvoteshares account that will have ~5250SP in it. This currently makes the upvote for 1 share worth ~0.0020$. (3.3% at 80% VP)

While the upvotes themselves might not be spectacular because of the continued low Steem Price, it is important to know that they are realistic and sustainable. One of the main ideas is that each share beats a 10x self-upvote that can be done with the amount of Steem it represents. If steem goes back up the upvote $ amounts will increase along with that.

Daily UpvoteBefore CurationAfter Curation
4.160 SP (10x Self Upvote)~0.000582$~0.000582$
1 Upvote Share Minimum~0.000641$~0.000513$
1 Upvote Share Expected~0.002017$~0.001613$

It is important always to focus on the minimum upvote and see everything on top as something extra that will likely decrease over time. Upvotes will be set at minute 12 which will take ~20% curation rewards, while this does not beat the 10x self upvote at the bare minimum levels, it will over time since the value of each share always increases. [ see table ]

  1. 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 8 Minnow Shares over time can claim 1 Upvote Share. (There were 50 reserved in level 0 and more in later levels). There will be a ~10 day delay for Minnow Shares to start spreading out upvotes so everyone has enough time to choose who they want to sponsor or organize a contest.

  2. The account of every Shareholder will be followed by the @upvoteshares account, this will help to increase the followers_mvest needed to get / increase busy.org | busy.pay upvotes and also helps to boost your @steem-ua score.

Make a reply with a request in this post if you want to get in ad I'll let you know if anyone doesn't take up their reservation. It is also always possible to reserve shares for the next level or to be added on the auto reservations list like many which is the most optimal way to get in.

-AccountShares
-@minnowshares45
-Future Giveaways18
-Burned Shares4
1@roleerob91
2@costanza85
3@glastar46
4@macoolette43
5@trincowski31
6@jlordc31
7@newageinv26
8@byebyehamburgers25
9@fullcoverbetting24
10@braaiboy20
11@stimp102419
12@abh1234518
13@blanchy17
14@mango-juice15
15@fredkese12
16@andrewharland11
17@o0711
18@erikklok11
19@pifc11
20@angelacs10
21@doughtaker10
22@thedarkhorse10
23@plantstoplanks10
24@bashadow10
25@romeskie8
26@bengy7
27@simplymike7
28@revisesociology6
29@beat-the-bookies6
30@barbadosso5
31@sportfrei5
32@meesterboom5
33@maarnio4
34@shookriya4
35@cicisaja4
36@lawlees3
37@tryskele3
38@lynncoyle13
39@incubot3
40@crypto-econom1st2
41@wolfhart2
42@mermaidvampire2
43@acidyo2
44@nanzo-scoop2
45@acelad2
46@jznsamuel2
47@balticbadger2
48@craigcryptoking2
49@insight-out2
50@minnowbuilder2
51@celinavisaez2
52@patriamreminisci2
53@fitat401
54@lenasveganliving1
55@woman-onthe-wing1
56@steevc1
57@slobberchops1
58@numpypython1
59@fulltimegeek1
60@themanwithnoname1
61@rishi5561
62@lovetaxi0051
63@veryspider1
64@eoj1
65@mmunited1
66@keegzhawkins1
67@adelair1
68@viking-ventures1
69@el-nailul1
70@buckaroo1
71@marya771
72@team-ccc1
73@janton1
74@minnowbuilder21
75@puravidaville1
76@gamercrypto1
77@blessed-girl1
78@theonlyway1
79@minnowbuilder31
80@alexbiojs1
81@happyme1
82@jaynie1
83@nonsowrites1
84@oliviackl1
85@beerlover1
86@johannpiber1
87@phortun1
88@amico1
89@gillianpearce1
-Total800

That's it, I will do what iI can to make things go as smooth as possible. Feel free to let me know if I made a mistake somewhere along the way.

All the token earnings from this post will be staked to grow the account which benefits all shareholders and helps to reach the next level! Thanks