Upvote Shares Level 33 Available...

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@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 33
Things continue to move forward at a nice pace with Level 33 opening up today bringing 50 new shares in circulation. 35 of those have already been scooped up by @luizeba who contacted me directly about it and his shares along with the sponsorships have already been processed. That leaves only 15 Shares that still are available in this level before they are all gone. They will go first come first served and refunds will be done for those that turn out too late if that would be the case.


I continue to slowly add some more tribe tokens, even though most are not that much. Every bit provides some added value to shareholders that are active in these tribes.

-TribeCurrently StakedMultiplier
Hive12116 HP1x
Leofinance700 LEO10x
Palnet2500 PAL2x
Sportstalk385000 SPORTS10x
Neoxian14500 NEOXAG5x
ClickTrackProfit590 CTP10x
Proof Of Brain500 POB5x
1up.zone1000 ONEUP5x

PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!


-50Available Shares
Share Price5.180 HIVECan 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 Cost0.300 HIVEWill fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship.
Total5.480 HIVEThe Total Hive for 1 Share

1 Daily or Weekly upvote from the @upvoteshares AccountThis for as long as this project runs. (the 5.180 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 UpvotesThe table above shows the staked Tribe tokens which will increase the payouts on posts with that tag!
1 @minnowshares Sponsorship GiveawayCan be Sponsored to someone by choice to accounts that are minnows.

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 33 Price = 5.180 HIVE| Minimum Powered Up HP in Account = (5.180 HIVE x 1700 SHARES)x1.1 = 9687 HP ]

Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 31 this is 1000% / 1700 Shares = 0.59% 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 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 years and all the value-creating mechanisms are starting to show results as the 0.58% minimum promised daily upvote was set at 2.8% in the previous levels which is where it will remain as the Voting Power managed to hold up. In Level 34 it most likely will get adjusted for the first time since long. 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!

  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 9 Minnow Shares over time can claim 1 Upvote Share.

  2. 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 5.480 HIVE) to the @upvoteshares account with the memo

Payment Level 33 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

-ShareholderShares
-@minnowshares32
-Burned Shares338
-Future Giveaways16
1@roleerob100
2@costanza100
3@macoolette80
4@ervin-lemark80
5@trincowski61
6@glastar52
7@bashadow45
8@byebyehamburgers40
9@jlordc39
10@newageinv31
11@fullcoverbetting31
12@meesterboom29
13@abh1234526
14@romeskie25
15@heroldius25
16@xsasj25
17@braaiboy20
18@erikklok20
19@stimp102419
20@seckorama18
21@blanchy17
22@mango-juice16
23@ekavieka15
24@merculial915
25@incubot13
26@fredkese12
27@photophile12
28@beyondhorizonmm11
29@andrewharland11
30@pifc11
31@plantstoplanks11
32@thedarkhorse11
33@o0711
34@amico.sports11
35@forsakensushi11
36@doughtaker10
37@angelacs10
38@barbara-orenya10
39@sportfrei10
40@davedickeyyall10
41@bengy7
42@simplymike7
43@beat-the-bookies7
44@michelmake6
45@bozz6
46@revisesociology6
47@barbadosso5
48@quinnertronics5
49@luizeba4
50@maarnio4
51@shookriya4
52@cicisaja4
53@deniskj4
54@zekepickleman3
55@tryskele3
56@lawlees3
57@lynncoyle13
58@celinavisaez3
59@mermaidvampire2
60@acidyo2
61@nanzo-scoop2
62@balticbadger2
63@craigcryptoking2
64@patriamreminisci2
65@blessed-girl2
66@fcb.spt2
67@wolfhart2
68@acelad2
69@jznsamuel2
70@insight-out2
71@minnowbuilder2
72@crypto-econom1st2
73@mcoinz792
74@ariefm2
75@lenasveganliving2
76@fitat401
77@steevc1
78@slobberchops1
79@numpypython1
80@fulltimegeek1
81@themanwithnoname1
82@rishi5561
83@veryspider1
84@adelair1
85@viking-ventures1
86@buckaroo1
87@marya771
88@team-ccc1
89@janton1
90@theonlyway1
91@alexbiojs1
92@happyme1
93@jaynie1
94@nonsowrites1
95@beerlover1
96@johannpiber1
97@phortun1
98@gillianpearce1
99@shasta1
100@curatorcat1
101@mimismartypants1
102@wongbraling1
103@felander1
104@woman-onthe-wing1
105@lovetaxi0051
106@eoj1
107@keegzhawkins1
108@el-nailul1
109@minnowbuilder21
110@puravidaville1
111@gamercrypto1
112@minnowbuilder31
113@oliviackl1
114@minnowbuilder41
115@playdice1
116@mmunited1
117@solymi1

I'll keep level 33 open until the point is reached where all shares are sold or when after a couple of weeks in case they don't sell out. After that It might take a bit longer to reach level 34 and I will put some time in sorting out all the sponsorship minnowshare conversions.


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



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18 comments
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I'm scooping all the shares, baby :D

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Thanks @luizeba, I hope you are enjoying the daily upvotes :)

35 shares [Share 1651 to 1685] have been succesfully assigned to you and all your sponsorships were noted and were added to the upvotelist already. Your are now at 39 Shares and your daily upvotes were increased to 100% while you will also start receiving curation reward dividens now at a multiplier of +7.8%.

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I'm trying to get in
:D

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Thanks @crazyphantombr,

1 Share [Share 1686] has been assigned to you. Your account has been followed and you have been added for a 20% weekly upvote. Feel free to let me know who you want to sponsor and if you have any more questions about the project.

Kind Regards & Welcome in!

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Put me down for 2 shares, minnow sponsor your choice or burn. 10.98 being sent soon.

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Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

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Thanks @bashadow

2 extra shares [Share 1687 & 1688] have been assigned to you, you now have 47 shares and your upvote stays at 100% while your curation reward multiplier went from +9% to +9.4%. I'll assingn your sponsorships similar to last time.

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I would like to have 10 more!

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Thanks @xsasj

10 More shares [Share 1689 to 1698] have been assigned to you, feel free to let me know who you want to sponsor. You now have 35 shares which puts your upvote at 98%, I looked and it seemed I made a mistake last time putting you at 100%, the good thing is that it worked in your favor. I'll keep it at 100% and adjust it the next time it is needed to adjust the 2.8% upvote for each share down for everyone. Your curation reward increased from +5% to +7%

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Sent for 10 shares. Thank you!

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Thanks @ervin-lemark, I did refund the full 54.8 Hive since there were only 2 shares available. If you want those 2, feel free to let me know as I will keep them reserved until you confirm you want them or not. At this point you are at 80 Shares which most likely will always give a 100% upvote regardless what happens even if many more shareholders started making a daily post since many shares already got burned. Once all 2000 Shares are in circulation, it will actually only be around 1640 that potentially are active. The maximum shares that can be owned is 100 and you are free to get to that point if you want.

Once all shares are out, the value of the curation rewards will be added to them percentage based. When shares are sold this will come with it increasing the value and when it would happen that the project comes to an end (not likely if it is up to me) all those curation rewards will be destributed along with the refunds to all shareholders.

Just so you know, let me know your thoughts and your plans.

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Ok and no problem. let's leave it as it is.

!invest_vote

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Congratulations @upvoteshares! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You distributed more than 40000 upvotes.
Your next target is to reach 41000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
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