Whaleshares Platform... More Of The Same? Or Different?

I have just joined the Whalehares platform and I am wondering how alike and how different it will be from the SteemIt platform.

^Source

Official Launch

The Whaleshares platform officially launched on September 1st and they opened up the signup process for everyone. There is a catch, though: up until September 15th, you need to pay 10 Whaleshares tokens to be able to register. Unless you had some Whaleshares tokens in your Bitshares account already at the time they took the snapshot.

In that case, registration costs you only 1 Whaleshares token, and you receive a part of the sharedrop, which boosts your account significantly.

I was one of the lucky ones. During my 9 months here on SteemIt, I had won a couple of contests that rewarded winners in Whaleshares. I never used them to boost a post, so they were all just sitting there in my Bitshares account. During the sharedrop, my 90 Whaleshares tokens gave me the right to 768.172 Whalestakes (which is something like SP, I assume).

^Source

What Is The Whaleshares Platform All About?

I haven't really taken the tie to check out the site, but the first thing I noticed is that it uses the same interface as SteemIt. It will probably not take long to get to know your way around.

According to one of the launch posts there are some similarities, but also huge differences.

The intent of Whaleshares is to provide a Decentralized Autonomous Cooperative (DAC) platform where users of all sizes may transparently share and contribute value to their networks of trusted friends and have a voice in the future evolution of the platform itself. Furthermore, all members are encouraged to create and leverage their own Whaleshares-backed tokens with cross-chain technology to support communities of common interests with transparent oversight and rewards for taking part in initiatives and other sponsored events.

They claim to have changed

a lot of the content and rewarding functions in order to create a more balanced system that is geared towards the long-term growth and stability of the platform.

The main difference are listed on the same page:

• SHARING IS REWARDING

Which means that if you reward/upvote a post, it is automatically shared on your own blog.

• NO DELEGATION

• FLAGGING COSTS 3X MORE THAN REWARDING

• ADJUSTED POWER DOWN ALGORITHM

The power down feature will be disabled until October 12th to give the platform the time to grow.

Sounds good, so far - I guess.

^Source

Cross Posting

Now I have created an account, I was recommended to write an introduction post. You can't imagine how much I hate writing introduction posts - I might just be editing the one I used here on SteemIt, maybe add a little info and change a few things.

Once this introduction post has been written, I'll be fine. You see, there is no need to blog separately on SteemIt and on the Whaleshares platform.

Using the Masdacs site, you can write one post, and then submit it to SteemIt, Whaleshares, Golos and Medium... all at the same time.
It's a very useful tool, but I keep forgetting to use it, lol.

^{Source
Click image to enlarge}

^Source

A New Adventure

If I have some time to spare - which won't be today - I plan to go check out the entire Whaleshares platform. And probably write that dreaded introduction post. From there, we'll see how it goes.

If you want to register your own account, you can read how to do this in this post.
If you don't have any Whaleshares tokens yet, don't worry, you can buy some at an exchange.

The entire signup process is explained in easy-to-follow steps.
And if you need more help, feel free to join the official Whaleshares Discord Channel.

I guess we'll meet each other over there some time soon!

^Source

^{Graphic created with The Logo Creator Software}

Subscribe Ro RSS Feed | Subscribe To Newsletter

More Posts You Might Like

• 'Minnow Maker Initiative' - Together We Can Make A Real Difference. Stop Waiting For The Whales To Do It!

• The Greenhouse Jungle

• Play Our Selected Games And Contests For September 3rd & Win!

• [CONTEST] Beat The Others Playing Steem Snake And Win A Prize

• Recipe: Sun-Dried Tomatoes... Even When The Sun Isn't Shining

• Got Hacked? Here's Your Step-By-Step Guide To Getting Your Account And Reputation Score Back

Join us @steemitbloggers
^{Animation By @zord189}

^Source

TIP:

Kryptonia is a community that uses SuperiorCoin, for earning and spending to create simple social media tasks. Feel free to create your free account. It's an excellent platform to drive more traffic to your SteemIt posts.

SIGN UP FREE HERE