Upvote Shares Level 25 Available...
Project Update
Things have been quite busy for me these past months and actively progressing the @upvoteshares projects has not been on top of my priority list. Upvotes continue to spread out to all active shareholders and 9 shares were put up for sale last month. (See Post ). Getting more exposure for this project right now is one of the main things I need to put some work in. The numbers and returns for shares are actually really solid but aren't enough on their own at the moment. I have been using some of the converted Blurt Airdrop (See Post) buring 3 shares that did not get sold, doubling the Curation Reward Dividends, Increasing the savings now having 356 HP as a permanent extra lease to the account, extending a 317HP lease for 10+ weeks extra, Buy 10000 NEOXAG as an extra tribe token which is now supported by this project, and add some more PAL.
Level 25
Right now we are at level 25 which opened up with this post. (I plan on making a post on what exactly the calculated returns are for them soon as a way to do some promotion and might do another promotional giveaway especially aiming towards @leofinance bloggers as a lot of the voting power there is not being used. The bigger this project grows, the more work it brings about for me. The plan has never been to move up to higher levels infinitely and right now I'm aiming to progress toward a total of 2000 Shares after which the only way to buy shares will be directly from shareholders who want to exit. Once we are there (It's still a while away and a lot can still change looking what happened to Steemit), I will make a proper proposal on how to progress from there on out. For now, this is Level 25 Opening up...
- | Tribe | Currentl Power | Multiplier |
---|---|---|---|
Hive | 8378 HIVE | 1x | |
Leofinance | 640 LEO | 10x | |
Palnet | 2470 PAL | 3x | |
Sportstalk | 315033 SPORTS | 10x | |
neoxian | 10000 NEOXAG | 5x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
- | 50 | Available Shares |
---|---|---|
Share Price | 4.700 HIVE | Can 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 Cost | 0.300 HIVE | Will fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship. |
Total | 5.000 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 5.000 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. |
---|---|
Tribe Upvotes | 640LEO-2470PAL-315000SPORTS-10000NEOXAG 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 25 Price = 4.700 HIVE| Minimum Powered Up HP in Account = (4.700 HIVE x 1300 SHARES)x1.1 = 6721 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 25 this is 1000% / 1300 Shares = 0.77% 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 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 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 0.77% 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. Because of the bull market and the increased Hive price, more shareholders who were inactive will likely start posting again so the 2.8% likely will go down toward 2.5% one of the coming levels.) 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 simply works providing excellent value for what needs to be contributed!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 5.000 HIVE) to the @upvoteshares account with the memo
Payment Level 25 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
I aim to have this level complete within the next 2 weeks and will make sure the account has enough HP to burn all unsold shares if needed so things can move on. I will also make a detailed post on the exact returns the projects offers at the moment mainly aimed toward Leofinance bloggers. I will also do a proper update on the @minnowshares sponsorships giving out free shares where they are due.
Posted Using LeoFinance Beta
I am sorry I missed the last month's post. It looks like I wasn't paying enough attention.
OK, 5 shares for me, please.
Here is the proof.
Here is the list of five sponsored accounts:
I reblogged this post and I'll also retweet it.
Thank you!
!BEER
@tipu curate
Upvoted 👌 (Mana: 36/48) Liquid rewards.
Thanks for the reblog and retseet @ervin-lemark!
5 extra shares [Share 1251 to 1255] have succesfully been assigned to you. Sponsorhsips have been noted and they will be added to the @minnowshares upvote list today. You now have 50 Shares and your daily upvote remains at 100%. The curation reward dividend multiplier for all your shares has increased from to +9% +10% on all shares.
cheers,
Oh thank you Ervin! I think I want to get in on this project, I will do some extra reading and will join the shareholders! :) Thanks for the sponsoring!
You are welcome. Every bit helps :)
Yes, read it and then decide.
I did the reading part, and I also bought 1 share :)
Would have bought more but terms say I have to have 40 HP for each share I am buying so maybe next week I will be able to get 1 more. But thank you again for sponsoring me otherwise I would have never heard of this opportunity. 😎 🐝 🐝 🍺
No, @solymi, 5 HIVE per share is what you'll see in the "How You Get In" section. 🙂
Maximum Allowed Shares
The maximum number of shares someone can have is limited at 100. Shareholders are also required to be invested in HIVE and need to have at least 40HP in their account for each share they are allowed to get. (Locked Shares do not count towards the maximum allowed shares.) The idea behind this is that rewards should go to people who believe in this blockchain and are invested and not to those who only look at what they can get out of it.
All accounts below 40HP can not buy any Upvote Shares until they reach that level. Someone with 4000SP can potentially get up to a maximum of 100 shares. Upvotes are limited to a 100% daily upvote. All the inactive shares will increase the upvote worth of all other shareholders. Quote from here: https://ecency.com/curation/@upvoteshares/upvote-shares-or-terms-and-conditions-qc10mo
Or did I get tat wrong?
You are getting it right, nice to see someone taking the time to properly read how the project works. I know it can be quite a lot to process but for as far as I know, it all makes a lot of sense and is an airtight model which is the main reason it easily holding up after almost 3 years running.
Thanks, I mean even if it is just a small investment you have to know what you are buying into, right?
I would love to see more people reading through things, I have a 100 Hive NFT giveaway where you need to do some simple steps but peaople are just not reading the article only upvoting it so I think I just gonna keep that NFT for myself :)
Thanks for the sponsorship :) :)
https://twitter.com/ErvinLemark/status/1364648261030707206
View or trade
BEER
.Hey @upvoteshares, here is a little bit of
BEER
from @ervin-lemark for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER
.3 shares please, and for a sponsored person @edprivat.
Thanks @bashadow!
3 extra shares [Share 1256 to 1258] have succesfully been assigned to you. Sponsorhsip have been noted and will be added to the @minnowshares upvote list today (You can give 2 max to the same person at once so feel free to let me know if you want to assign the 3rd to someone else). You now have 30 Shares and your daily upvote has been increased to 84%. The curation reward dividend multiplier for all your shares has increased from to +5.4% +6% on all shares.
cheers,
Okay then the third person, his friend @rubido he is new to Hive, this month so he may appreciate it.
Noted, Thanks
aww shucks, cheers ill return the favor one day!
getting exposure and a steadyish stream of votes/support can be hard in the beginning.
Good job buddy! Thanks how can I do the same for you?
I do not post often enough at this time, so no reciprocity is needed. I enjoy a wide variety of things, so I jump around a lot reading listening and such, so I like having people whose content i enjoy or enjoyed in the past being able to stay around.
So just keep doing what you do to keep people entertained.
That's lovely thanks ❤
2 extra shares [Share 1259 to 1260] have succesfully been assigned to @erikklok. Feel free to let me know who you want to sponsor in a reply here. You now have 20 Shares and your daily upvotes have been increased to 56%. The curation reward dividend multiplier for all your shares has increased from to +3.6% +4% on all shares.
Thanks !
Awesome, thanks @costanza!
I like to sponsor @anderssinho and @no-advice this time.
Noted, Thanks
Thank you for the sponsoring!
You're welcome. See it as a small thanks for the nice contests you're hosting!
Thank you very much @erikklok :)
You're welcome!
This seems like a pretty cool project. 3 Shares please
Sponsored account @iikrypticsii
Posted Using LeoFinance Beta
Welcome @bozz and thanks, the project indeed is pretty nice (if I can say so myself) epspecially when you take a deeper look into the actual numbers and the model that is used which has worked wonders these past years.
3 Shares [Share 1271 to 1273] have succesfully be assigned to you. You are now followed by this account and your upvote has been set a weekly 59% upvote. (3x2.8x7). (It switches to daily upvotes ( number of shares x 2.8 = voting %) for everyone with 6 shares or more, everyone with 11 shares or more also gets curation reward dividends each time a new level is about to open -> See Latest payout). Leo upvotes currently have a 10X multiplier so you will get 100% upvotes there (640 LEO is staked). It's nice to have some leo content creators as Leo Voting Power barely gets drained now. Your sponsorship has been noted and will be added today. You can give a maximum of 2 sponsorships to the same account each level so you are free to give one more away if you want.
If you have any questions, feel free to ask!
Cheers,
Thanks, I am probably going to try to pick up some more shares today too. We will see how that goes!
I received the Hive for 3 Extra Shares and assigned Share 1290 to 1292 to you adjusting to a daily upvote of 17% now. You still have 4 sponsorships to give (max 2 to the same person) so feel free to let me know if you want me to give those to someone.
Kind Regards,
Okay, please give two to @erndt12 and I will get back to you in another comment here with the other one.
Posted Using LeoFinance Beta
@dagger212 for the final two please.
Posted Using LeoFinance Beta
Done, all sponsorships have been assigned!
Thanks
Thank you!
Thank you! I will be completely honest, I barely understand this as you know I'm so new, so we'll definitely have to have a lesson on this at work tomorrow haha.
No worries.
Good call @bozz! 🙂👍
Thanks!
Posted Using LeoFinance Beta
I'd like another 3 share please. If possible just have all of my minnowshares go to @iikrypticsii
Thank you.
Posted Using LeoFinance Beta
Welcome to this project @seckorama !
You now have 10 Shares [Share 1261 to 1270] succesfully assigned to you! You are followed by this account and your daily upvote has been set to 28%. Feel free to let me know if there are accounts you like to sponsor. You have got 10 sponsorships to give, only accounts below 5000 HP can be sponsored and maximum 2 can go to the same account each level. If you have any more questions, feel free to aks!
Thanks,
Hello, I really like the idea to this project and I am relatively new to hive but I reached the threshold to get 1 share so I am in! EDIT: forgot to sponsor the minnowshare, I want to sponsor @victorbz
Hey @solymi, welcome to this project!
I assigend 1 share [Share 1274] succesfully to you. Your sponsorship has been noted, you have been followed by the account and your weekly upvote has been set at 20%. If you have any questions, feel free to ask!
Kind Regards,
Thank you! I am really glad I got sponsored by @ervin-lemark otherwise I would never have heard of this project. Glad to be on HIVE
hey, @solymi thank you for the mention!
i tried to read with the goal to understand how this Upvote Shares is working but still can't get the idea.
should i send 5H to upvoteshares ?
thank you :-)
I dont know I am not a financial advisor but it is just 5H also the upvote comes immediately :) And I am all about building passive income and this seems to be a good way, since I am posting anyways every day and not planning to stop I thought it is worth the risk :) I would have bought more shares but you need 40 HP for each share you are holding. But when you post the next time you will get a 100% upvote by @minnowshares
thank you for the explanation. I will read this soon. As I wrote right now in my new post - I'm going to drive to the desert tomorrow. So possible will be shortages in communication :-)
I don't think that's true...
Well I am just referring to the article where the Terms are explained.
https://ecency.com/curation/@upvoteshares/upvote-shares-or-terms-and-conditions-qc10mo
Who Can Join?
The amount of Upvote Shares is very limited and only Quality Hive Members will be able to get in. This means having a long term mindset while making real content. Pretty much everyone who wants to get something going with their blog is free to join when new shares become available.
Maximum Allowed Shares
The maximum number of shares someone can have is limited at 100. Shareholders are also required to be invested in HIVE and need to have at least 40HP in their account for each share they are allowed to get. (Locked Shares do not count towards the maximum allowed shares.) The idea behind this is that rewards should go to people who believe in this blockchain and are invested and not to those who only look at what they can get out of it.
All accounts below 40HP can not buy any Upvote Shares until they reach that level. Someone with 4000SP can potentially get up to a maximum of 100 shares. Upvotes are limited to a 100% daily upvote. All the inactive shares will increase the upvote worth of all other shareholders.
Ah, that must be new... or I never realised it since it didn't apply to me. 😆
It's been there sine the start, the idea behind it is that someone can't just come in getting upvotes from this project without at least having some investment into Hive.
You have 13K+ HP so well clear of the minimum requirements :)
Hello there!
I've just sent the payment for 5 Shares and I'd like to sponsor:
thanks Trin!
Thanks @trincowski and now I have to read the posts because I didn't know about this project.
Thanks @trincowski!
5 extra shares [Share 1280 to 1284] have succesfully been assigned to you and your sponorships have been noted. You now have 60 Shares and your daily upvote remains at 100% The curation reward dividend multiplier for all your shares has increased from to +11% +12% on all shares.
cheers,
Thanks a lot sir for your support ♥️🙏💰
Payment sent for 5 shares. I would like to sponsor the following:
hiveph: 2 shares
itinerantph: 1 share
adamada: 1 share
juecoree: 1 share
Thank you!
Thanks @romeskie!
5 extra shares [Share 1275 to 1279] have succesfully been assigned to you and your sponorships have been noted. You now have 25 Shares and your daily upvote has been increased to 70%. The curation reward dividend multiplier for all your shares has increased from to +4% +5% on all shares.
cheers,
Congratulations @upvoteshares! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 31000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out the last post from @hivebuzz:
I have made payment for purchasing 5 Shares.
Thanks @mercurial9!
5 extra shares [Share 1285 to 1289] have succesfully been assigned to you, feel free to let me know who you want to sponsor. You now have 10 Shares and have been put on a daily 28% upvote.
cheers,
I found out about this program through @trincowski sponsoship (thanks again). Am I qualified to participate ? While waiting for your answer, I continue to read the posts to understand the system 😀
It's nice to see the sponsorships help to bring some attention to the project. You are certainly welcome to join @heroldius. If you have any questions, feel free to ask. There are 8 shares left in this level at the moment if I'm not mistaken.
Cheers,
So I made the payment for the last 8 shares (if still available).
Thanks @heroldius!
8 shares [Share 1293 to 1300] have succesfully been assigned to you, feel free to let me know who you want to sponsor (You have 8 sponsorships to give, they can only be given to accounts that have below 5000HP and maximum 2 can be given to the same account.) You have been followed by this account now and have been added for a daily 22% Upvote.
If you have more questions, always feel free to ask!
For the sponsorships :
Can I keep my last sponsorship until I find someone ?
Thanks so much <3
...i kind of still dont get everything after reading.
But i m always ready to help and support! What can i do? :D
Sponsorships have been noted, thanks. The max 2 limit count individully so it doesn't matter if some of them already got sponsorships from someone else. The way they work is that free shares from the @upvoteshares account are given to those that get 9 sponsorships over time. Without an individual limit they would be too easy to exploit. Getting in gradually as the levels progress sponsoring the same friends each time is supposed to be most optimal, that way they stay on the upvote list from the @minnowshares account for a while and get a free share from the @upvoteshares account for permanent upvotes in the end.