The account has reached 1371SP unlocking level 6 (See Table) after level 5 got sold out about a 20 days ago. This means 50 new shares from the @upvoteshares account that spreads out daily upvotes become available. 46 of those shares Shares have been reserved. Reservations are non-committal, so it is still possible some more level 6 shares can become available, It's also always possible to reserve a spot for level 7 already or have some shares automatically reserved for each level like some do.
| - | 50 | Available Shares |
|---|---|---|
| Share Price | 3.560 STEEM | 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 STEEM | Will be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship. |
| Total | 3.860 STEEM | The total Steem for 1 Share |
LEVEL 6 RESERVATIONS
| Account | Reservation | STEEM |
|---|---|---|
| @o07 | 10 Shares | 38.6 STEEM |
| @roleerob | 10 Shares | 38.6 STEEM |
| @angelacs | 5 Shares | 19.3 STEEM |
| @costanza | 5 Shares | 19.3 STEEM |
| @minnowshares | 5 Shares | 19.3 STEEM |
| @jlordc | 2 Shares | 7.72 STEEM |
| @braaiboy | 2 Shares | 7.72 STEEM |
| @macoolette | 2 Shares | 7.72 STEEM |
| @craigcryptoking | 2 Shares | 7.72 STEEM |
| @byebyehamburgers | 1 Share | 3.86 STEEM |
| @cicisaja | 1 Share | 3.86 STEEM |
| @balticbadger | 1 Share | 3.86 STEEM |
The ones who have a reservation can send the required steem to the @upvoteshares account with the memo
Payment "x" Shares Level 6 , I understand how this project works and agree with all terms and conditions (https://steemit.com/steemit/@upvoteshares/upvote-shares-or-terms-and-conditions)
(change "x" to your amount of shares)
I will confirm when your shares have succesfully been assigend 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 resrvation in the comments and send it later on (before 21/11/2018). If you don't want to take up your reservations also let me know if possible so they can be taken up by others. Voting Powers will be adjusted on Monday.
Level 6 Schedule
Friday 09/11/2018 : Level 6 Available
Sunday 11/11/2018: Level 6 Reservations Expire
Monday 12/11/2018 : Level 6 Closes Down
Wednesday 21/11/2018: Minnowshare Sponsorship Deadline
| 1 Daily upvote from the @upvoteshares Account | This for as long as this project runs. (the 3.560 STEEM Share Price can be claimed back in case the project ever ends!) |
|---|---|
| 1 @minnowshares Sponsorship Giveaway | Can be Sponsored to someone by choice or be given away by hosting a Contest. Only accounts with <750SP or that have been sponsored between 1 and 6 Minnow shares in the past qualify to be sponsored a Minnow Share (See Current Minnowshares Count). |
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 amount of shares. [ Example Level 6 Price = 3.560 STEEM | Minimum Powered Up SP in Account = (3.56 STEEM x 350 SHARES)x1.1 = 1371 SP ]
Each share represents an equal daily voting % from the account that can be calculated. For Level 6 this is 1000% / 350 Shares = 2.85% Upvote. Based on current Steem Price this is a ~0.00193$ upvote. (To calculate accurately do SP x1000 and Upvote /1000 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 still more than 50+ inactive shares out of the 350 shares that will be in circulation after level 6 is complete and they don't count towards the upvote % distribution. Many of the shareholders from previous levels don't make daily posts which allows for an increased overall voting percentage to ~1300% or above. Each Level is pre-funded which means most of the SP from Level 7 will already be in the account to increase the upvote value. Leased SP from Level 3 , 4 and 5 are all still active and this will be increased by buying extra 90 day delegation from all the 0.300 STEEM entry costs that came with the Level 6 Shares. The @upvoteshares account has some savings to maintain the pace of moving to a the next level in the future for 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 (30SP). The 90 days lease ( 176SP) from Level 3 will come to an end soon (20/11/2018).
All this brings the expected upvote for each Share at...
1300% / 290 = ~4.5% from the @upvoteshares account that will have ~2500SP in it.
This currently makes the upvote for 1 share worth ~0.00585$. (5%)
(The ~5% vote for each share might increase or decrease depending on how the total Voting Power holds up but will always stay above the minimum promised Percentage. Level 5 Upvotes were expected at 6% but ended up at 7.4% !)
While the upvotes themselves might not be spectacular because the bear market 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 Upvote | Before Curation | After Curation |
|---|---|---|
| 3.56 SP (10x Self Upvote) | ~0.00166$ | ~0.00166$ |
| 1 Upvote Share Minimum | ~0.00193$ | ~0.00154$ |
| 1 Upvote Share Expected | ~0.00585$ | ~0.00468$ |
Calculations were done using The Steemit Upvote Calculator
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 ]
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 6 Minnow Shares over time can claim 1 Upvote Share. (There were 50 reserved in level 0). There will be a week day delay for Minnow Shares to start spreading out upvotes so everyone has enough time to choose who they want to sponsor or organise a contest.
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.
It is possible to Sponsor 1 or more Upvote Shares to someone else. In this case the Steem remains owned by the one who made the sponsorship and will be returned to them in case the project ever ends. Only when the account that got sponsored agrees can the share be sold on the market by the account that gave out the sponsorship. The Minnow Share Sponsorship that comes along with each share can also be sponsored by the person who Sponsored the Upvote Share but can not go to the same account.
| Level | Post | Spreadsheet |
|---|---|---|
| 0 | Level 0 (100% Complete) | Link |
| 1 | Level 1 (100% Complete) | Link |
| 2 | Level 2 (100% Complete) | Link |
| 3 | Level 3 (100% Complete) | Link |
| 4 | Level 4 (100% Complete) | Link |
| 5 | Level 5 (100% Complete) | Link |
Spreadsheet Updates
Both @beat-the-bookies and @adelair reached 6 Sponsorships and will be assigned their Free Upvote Share (paid for by the program) during the next week. Congrats !
There are currently only 4 shares left for this Level that can be requested in the comments. It is always possible to reserve shares for the next level or have an auto-reservation of one or more shares for each new level.
List of All Shareholders
| x | Account | Shares |
|---|---|---|
| - | @minnowshares | 46 |
| - | Future Giveaways | 13 |
| - | Burned Shares | 2 |
| 1 | @costanza | 33 |
| 2 | @trincowski | 18 |
| 3 | @stimp1024 | 14 |
| 4 | @fullcoverbetting | 12 |
| 5 | @jlordc | 11 |
| 6 | @andrewharland | 11 |
| 7 | @roleerob | 10 |
| 8 | @angelacs | 10 |
| 9 | @doughtaker | 10 |
| 10 | @thedarkhorse | 9 |
| 11 | @byebyehamburgers | 9 |
| 12 | @simplymike | 7 |
| 13 | @pifc | 5 |
| 14 | @newageinv | 5 |
| 15 | @barbadosso | 5 |
| 16 | @beat-the-bookies | 5 |
| 17 | @maarnio | 4 |
| 18 | @erikklok | 4 |
| 19 | @shookriya | 4 |
| 20 | @blanchy | 3 |
| 21 | @abh12345 | 3 |
| 22 | @lawlees | 3 |
| 23 | @tryskele | 3 |
| 24 | @lynncoyle1 | 3 |
| 25 | @plantstoplanks | 2 |
| 26 | @wolfhart | 2 |
| 27 | @mermaidvampire | 2 |
| 28 | @acidyo | 2 |
| 29 | @nanzo-scoop | 2 |
| 30 | @acelad | 2 |
| 31 | @jznsamuel | 2 |
| 32 | @cicisaja | 2 |
| 33 | @balticbadger | 2 |
| 34 | @bashadow | 2 |
| 35 | @fitat40 | 1 |
| 36 | @lenasveganliving | 1 |
| 37 | @woman-onthe-wing | 1 |
| 38 | @steevc | 1 |
| 39 | @slobberchops | 1 |
| 40 | @numpypython | 1 |
| 41 | @fulltimegeek | 1 |
| 42 | @themanwithnoname | 1 |
| 43 | @rishi556 | 1 |
| 44 | @o07 | 1 |
| 45 | @lovetaxi005 | 1 |
| 46 | @bengy | 1 |
| 47 | @veryspider | 1 |
| 48 | @eoj | 1 |
| 49 | @crypto-econom1st | 1 |
| 50 | @mmunited | 1 |
| 51 | @keegzhawkins | 1 |
| 52 | @adelair | 1 |
| - | - | 300 |
wooohoooo... saw the message in time this time ... will be sending required steem right after typing this message.
Please give my sponsorships to @baasdebeer & @thearned
P.S. Please reserve 2 shares for me for each new level from now on.
Thanks @braaiboy !
2 Shares [Share 314 & Shares 315] have successfully been assigned to you and your sponsorships were given to @baasdebeer & @thearned
Your account is now followed and I added you to the upvote list at minimum voting Percentage. This will be adjusted on monday along with all other shareholders. I added you to the auto-reservations list for 2 shares each level and will send a message each time they become available.
Thanks
Looks pretty damn interesting, I will look to buy some shares too! Great initiative!
Posted using Partiko iOS
Thanks @pele23, if you want I can reserve one or more shares for you in Level 7 (will become availavle in arund 30 days) That way you are sure to get them if you want without any obligations.
Also if you have any questions about the project feel free to ask.
2 Shares [Share 311 & Shares 312] have successfully been assigned to @jlordc!
The upvote percentages will be adjusted on monday, feel free to let me know who you want to sponsor below before 21/11/2018. You are still on the auto-reservations list and 2 shares have 2 reserved for Level 6.
Thanks @jlordc !
Once again @ascheriit and @adelair! Thanks! XD
Thank you again haha
Posted using Partiko Android
Thanks @jlordc, the sponsorships have been assigned
Your balance is below $0.3. Your account is running low and should be replenished. You have roughly 10 more @dustsweeper votes. Check out the Dustsweeper FAQ here: https://steemit.com/dustsweeper/@dustsweeper/dustsweeper-faq
Could I get ten shares for level 6 if still available please and reserve another ten for level 7? Thanks
Posted using Partiko iOS
You can get the 4 that are still available right now in Level 6 (in case reservations get cancelled you can have more)
In order to get them assigned send 15.44 Steem to @upvoteshares with the memo "Payment 4 Shares Level 6 , I understand how this project works and agree with all terms and conditions (https://steemit.com/steemit/@upvoteshares/upvote-shares-or-terms-and-conditions)"
I also reserved 10 Shares for you in Level 7
Thanks
I sent there . tHANKS A MILLION
Thanks @blanchy
4 Shares [Shares 316, 317, 318 & 319] have successfully been assigned to you.
The upvote percentages will be adjusted on monday, feel free to let me know who you want to sponsor below before 21/11/2018.
I would like to sponsor
@ginnyannette
@tama.arin
Thanks
Thanks, both @ginnyannette & @tama.arin have been assigned 2 minnowshare sponsorships and will start getting upvotes from the account on 21/11/2018
You are always doing something nice for me @blanchy. Thank you.
Well! That was unexpected. Thank you very much. It means a lot.
I would take 2 more shares if there were any remaining. But I see you already have them all reserved. Nice.
Posted using Steeve
Thanks @trincowski. I'll let you know in case some spots still open up this level.
There are 2 last Shares availabe after a reservation did not get taken up, they are yours if you want them @trincowski, just send the 7.72 Steem to the @upvoteshares account or let me know here if you prefer to pass on them. Thanks
I think I will take them. However I am not home and won't be able to make transactions until Sunday. Is that a problem?
No problem at all, no rush. I already put all the steem to close down level 6 in the account and you can send the steem whenever suits you. Make sure to let me know who you want to sponsor before 21/11/2018. Thanks @trincowski
Hello there! I'm back home... and finally taking care of some pending stuff in SteemIt, after a long night of rest! :-D
I've just sent the payment for the 2 shares, and the persons I want to sponsor are...
What a difference a week makes. This place got a lot quieter, again!!!
Thanks @trincowski, your sponsorships have been noted.
please let me know what to wirte on the memo? I'll sent the 3.8 Steem to @upvoteshares right?
It's 3.860 Steem to @upvoteshares with the memo
I'll let you know once your share is assigned here, thanks
sent!
Thank you @cicisaja
1 Shares [Share 305] has successfully been assigned to you
The upvote percentages will be adjusted on monday, feel free to let me know who you want to sponsor before 21/11/2018.
I wanted to sponsor @himalayanwomb please
Hey @cicisaja, I am not doing anything for you and pifc but still you are keep spreading the blessings on me. I am feeling very much blessed. Namaste ma'am.
Posted using Partiko Android
you don't have to do anything for me @himalayanwomb.. keep hiking and show us your mountain.
Thanks @cicisaja, the sponsorship has been assigned to @himalayanwomb and will start giving upvotes on 21/11/2018
Wow, looks like the project is taking off really well @costanza! I'd love to snag a few shares from the next level if they aren't all taken, too. :)
Thanks Katie, so far everything is running exactly as planned and I'm quite pleased where the project is at after a couple months. There are enough spots left for the next level and I reserved 2 for you. I'll let you know once they become available (probably around 30 days from now). You are also close to getting assigned a free upvote share from the minnowshare sponsorships :)
Awesome! Glad everything is going so smoothly. :)
Good news, a couple reservations were not taken up and you can get up to 2 shares if you still want in this level. Just confirm here and I'll add them in the spreadsheet adjusting your voting % also. You can send the Steem (7.72 for 2 shares or 3.86 for 1 share) whenever you can, no hurries. Thanks!
Oh cool! I'll snag them both. :) Thanks for offering them up!
Thanks !
2 extra Shares [Share 347 & Share 348] have successfully been assigned to you
Feel free to let me know here who you want to give your sponsorships to before 21/11/2018 if possible.
I'll throw those out to my girl @puravidaville again. :)
Thank you sponsor! You are pretty awesome :)
I do what I can. 🤗
Great choice! Your sponsorship has been noted and the list will refresh on wednesday.
I'm new here and can I reserve 10 for the available round ?
Posted using Partiko Android
Welcome @glastar, I reserved you 10 Shares for Level 7 and will send a message once they become available. (probably around 30 days from now). The project is quite straight forward and everything is extremely transparent. If anything is unclear or if you have any questions always feel free to ask. Thanks
Great! Looking forward!
Posted using Partiko Android
There are only 46 shares reserved which tells me there are still 4 shares left available, is that right? If so, can I make my reservation 4 instead of 2?
The last 4 have allready gone out (the supply is limited and they offer a very good deal when going by the numbers so they tend to go out rather quickly.) If you want I can reserve some from the next level. (31 out of 50 level 7 shares are reserved already)
Your 2 share reservation for this level off course still stands.
7.72 Steem sent for the two shares. Thanks.
Thanks @macoolette !
2 Shares [Share 331 & Shares 332] have successfully been assigned to you
Your account is now followed and I added you to the upvote list at minimum voting Percentage. This will be adjusted on monday along with all other shareholders. Some spots opened up so if you want you can get 2 more shares from this level instead of having them reserved for level 7. Also make sure to let me know who you want your minnowshare sponsorships to go to.
Thanks
Additional 7.72 Steem has been sent for additional 2 shares to make mine 4 shares in total.
How many sponsorships can I make with the 4 shares?
Great, 2 Extra Shares [Share 333 & Shares 334] have successfully been assigned to you
With 4 shares you can give away 4 sponsorships to minnows (accounts with <750SP or that already have at least 1 sponsorship See List). You can give 2 sponsorships to the same person unless they also got an upvote share this round which limits them to 1 as a way to prevent circle jerks. Feel free to ask any question you have. You can let me know who you want to sponsor before 21/11/2018 which is the date that the upvotelist will refresh. Thanks
Here they are...
2 x @team-ccc
1 x @celinavisaez
1 x @janton
Does that mean upvotes to the accounts above will end by 21/11/2018? I thought it's gonna be for a month?
Next level reached so soon, @Constanza! HUGE Congratzzz!!!!
It's always easier for me to get fiat in towards the end of the month. Please let someone else have my five reserved shares this time around and I'll catch up on another round that rolls out around the end of a month. Thanks so much and so happy everything is going so well!
This comment was made from https://ulogs.org
No problem @angelacs, thanks for letting me know. The demand right now is bigger than the supply so It will be easy to give the reservation to others. Around 40 shares for the next level are already reserved and it will probably become harder to get a spot in in the future.
The best way to use the program is to have 1 or 2 shares auto-reserved each level slowly getting in over time and always sponsoring the same minnow so they get the maximum benefits. This might be something you could think about in case you want more shares over time without timing or shares being sold out being an issue. I don't mind so much that the steem is send over at a later time.
Kind Regards
Following through on my commitment @upvoteshares / @costanza, here is payment for my 10 reserved shares:
I would like to reserve 10 shares for Level 7 please. That said, I am not taking advantage (my fault …) of having these shares. If I change my mind, for some reason, does that present a problem for you? Looks like demand is good, so I can assume not, but prefer not to be presumptuous.
Thanks for all you are doing to encourage the Steem community!
Thanks @roleerob
10 Shares [Shares 320 -> 329] have successfully been assigned to you.
The upvote percentages will be adjusted on monday, feel free to let me know who you want to sponsor below before 21/11/2018. I reversed 10 more shares for you in Level 7 and will send a message once they become available.
Unless you start making daily 1 picture style posts and delegate a big part of your SP to a bid bot I can't see an issue. The program is designed in a way that everyone will always get a fair minimum return (10x self upvote) even if every single share gets a daily upvote. As good as all unused upvotes are being redistributed to existing Shareholders (aside from the occasional self-upvote) and the amount of shares that someone can get is directly linked to how invested they are in Steem. This makes it very hard to take advantage or break the system in any way.
The reason I came up with this model is out of frustration with most existing support groups where (when purely looking at the numbers) members or shareholders nearly always support the group account instead of the other way around. Nearly all of them also have scaling and sustainability issue, no real outside systematic funding and unlimited availabe spots. The model used for the upvoteshares solves most of these issues. It remains a rather small scale proof of concept project though.
Thanks for the support !
Good evening (here) @upvoteshares / @costanza. Here is my Level 6 list for your @minnowshares upvote list:
2 shares - @celinavisaez
2 shares - @cicisaja
1 share - @el-nailul
2 shares - @insight-out
2 shares - @macoolette
1 share - @viking-ventures
10 shares
Selected from my fellow curators in the @pifc community. I think this will put some “over the top” for receipt of 1 full upvoteshare. 😊
Also, I’d like to change my reservation to 10 shares for all future levels, until I say stop. If that’s okay …
Thanks for putting this all together! 👍
P.S. It’s getting a little confusing to me, with some on the minnowshares list also buying their own upvoteshares, but figure you’re “all over it” …
¡Gracias @roleerob! muy agradecida, me siento, ¡muy, muy feliz!, con el apoyo que me estas dando, de todo corazón que Dios te bendiga, cariños y besos.
Thank you so much @roleerob 😉 you really want to see me growing to be a minnow soon😊
Oh, wow! Here comes Santa again very early... And it looks like you are even tracking our nominations, yes? Thank you very much! 😍
I think you are correct, this round will complete our six minnowshares nomination which means we will have 1 upvoteshare each.
I haven't really studied any upvote program in depth so I do not know much about them. But this program must be very good that you keep reserving shares for it at every level. What's so special with this than others? I may crunch and follow your investment... 😃
Good evening @macoolette. First opportunity to come back and comment ...
Ahhh, I see I may have you fooled into believing I know what I am doing ... 😉
Seriously, I don’t consider myself an expert by any means, but I did read the original write-up @constanza put together to explain his vision for what this program could potentially do to overcome some of the shortcomings of other programs. And I am a big fan of “continuous improvement …
So, the question is … Is it a better program? Well, maybe he has me fooled too … 😉
Hope you have had an uplifting day on your side of the world!
Hah! @costanza must have had a very good marketing write-up for it to take its toll on you! All along, I thought I would follow you for that path... 😃 Well, I also do not know much about this program but I just have a feeling that it is good. So let's go support it! 😊
Like you said, I thrived on my second week at work. Way to go! I hope you too are having a good time. Happy weekend!
Thanks @roleerob, your sponsorships have been noted and I added you to the auto-reservations list.
I know the 'rules' are maybe overly complicated on this. The main reason they are there is just to avoid circle jerking which is not the case in any means by you. It's actually nice to see the system is working as it was intended and the ones getting multiple sponsorships over time being rewarded with actual sustainable upvotes. Thanks
Thank you very much @roleerob. I am doing my best to ppower-up my account too :), your helps are very much appreciate. wish you all the best
Congratulations @upvoteshares!
Your post was mentioned in the Steemit Hit Parade for newcomers in the following category:
I also upvoted your post to increase its reward
If you like my work to promote newcomers and give them more visibility on Steemit, consider to vote for my witness!
Hola @arcange, vote por tu testigo, gracias por tu apoyo a la comunida. cariños y besos.
Muchas Gracias @celinavisaez =)
2 Shares [Share 335 & Shares 336] have successfully been assigned to @craigcryptoking!
You are now followed by the @upvoteshares account and have been added to the upvote list which is currently set at 5.4% for each share, feel free to let me know who you want to sponsor below before 21/11/2018.
Thanks!
@buckaroo
Thanks, sponsorship is noted. The minnowshares upvote list will refresh on wednesday