RE: Upvoteshares | Numbers & Calculations Explained
This is very well thought out and I am planning to buy some of that shares once you are ready. I also know I can trust you on things like this since we are more or less planning to stay here on Steem for a long time.
Honestly there are just too many details to take in. XD I have a little quick question though (sorry in advance if I may have missed it in this post or you will be creating another post for it):
I have checked the @upvoteshares account and it is currently sitting at 543 natural SP. Based on your chart that will likely put us at Level 2 once the account is ready, with 150 Total Shares available and a Share Price of 3.33. Now unto my questions:
Will there be a limit as to how much one can buy shares? Seeing as their still is no numbers as to how much 1 share will be worth in upvotes, but if it is guaranteed to make a little profit in return, people will likely buy those shares in no time.
At say Level 2 with 150 Total Shares, what happens when only 50 shares are sold? How is the upvotes then distributed?
Will you do the adjustments manually or all these will be automated? If manually, everyday or weekly? I appreciate what you are doing but if all of this are manual, this will be very tiring :)
Just to make sure this is lifetime daily upvotes right?