The Curation Reward Dividends were distributed last week (Link) and it's time now to open Level 23. The pace of moving to higher levels has gone a bit slower as of late mostly because not all shares were bought up last round. The model has a built-in mechanism that increases returns for shareholders whenever shares are being burned (8.4% of all shares are burned giving extra value to shareholders now). I always hoped the numbers would promote the project by itself, but I might have to do some manual promotion soon. There are still 16inactive shares that are reserved to promote the project and if needed I will start using some of those (If I find the time). Regardless of the pace, the project will continue to move forward and grow stronger!
The account has now 6117 HP Powered Up and 50 more shares have been unlocked which opens up Level 23 !
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
|Share Price||4.580 HIVE||Can be recovered at any given time by selling the share to someone else, 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||4.880 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 4.580 HIVE Share Price can be claimed back in case the project ever ends or sold at any given time!)|
|Tribe Upvotes||607 LEO-1676PAL-270000SPORTS-1000BLOG 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 23 Price = 4.580 HIVE| Minimum Powered Up HP in Account = (4.580 HIVE x 1200 SHARES)x1.1 = 6046 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 23 this is 1000% / 1200 Shares = 0.83% 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 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 0.83% 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. On top, 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 has proven to work!
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 4.880 HIVE) to the @upvoteshares account with the memo
Payment Level 23 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) 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.