CLOSED - Hello Steemit, MinnowBuilder Shares are For Sale

It's official, round 1 of sales for @minnowbuilder shares are starting now and will end when this post goes to payout in 7 days.

For those that haven't been following along here are a few posts to read:
Laying Out The Plan
Voting Weight, Voting Pools & Account Break Down
The Math of It All

town-sign-1156438_1280.jpg

High Level Overview

@minnowbuilder's main mission is to help create minnows and offer the opportunity for the community to help support steemians who are producing quality original content.

This will be done by selling share of @minnowbuilder and splitting the total voting power into 2 voting pools. One pool is designed to reward those who are supporting the project and will provide daily upvotes that are equal to 5x what a single self vote would be worth for the same amount of Steem being powered up and used in your account.

The second pool is for the Minnow Building Program and will provide daily upvotes to those who are selected until they reach minnow status. The size of this vote will greatly depend on the number of share we sell.

Numbers for Shareholders

Price Per Share Owned (includes equal share of account growth): 1 Steem
Price per Share with Delegation: 2 SteemPower
Expected daily upvote per share as of now: 0.0002555 (This changes with the price of steem as all votes do)

Rules For @minnowbuilder

Adding an Image with this info as a permanent record.
@minnowbuilder_Rules_09-08-2018_Day_1.PNG

How to purchase with Steem?

Send at least 1 Steem to @minnowbuilder with the memo "I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares"

Make sure to replace the XXX with the number of share you are purchasing.

If you would like to purchase shares for someone else please send steem to @minnowbuilder with the following memo:
"I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares for @accountname and that gifted shares are now owned by @accountname"

To be very clear the person who you buy the shares for can withdraw their shares just like anyone else as they are the owner of the share.

How to purchase with Delegation?

Please send .001 steem with the following memo:
"I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares and have sent a delegation of XXX SP for the purchase"

Make sure to replace the XXX with the number of share you are purchasing and SP sent. Remember it's 1 Share per 2sp Delegated.

To purchase shares for someone else by delegating SP please send this memo:
"I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares for @accountname and have sent a delegation of XXX SP for the purchase."

By purchasing shares with Delegation you will remain in control of your steempower and you make all decisions about the shares you are allowing someone else to benefit from. This would be the best way to help someone short term and keep control. If you need to change names of who you are sponsoring message me on Discord @thedarkhorse #6765.

Added value for round 1 buyers

The account has 232.37 SP and only 218 Shares purchased plus there is 4.591 SP & 4.591 STEEM in pending author rewards before this post.

Ongoing Added Value

This account also currently has 79 SBI shares which will provide ongoing upvotes to this accounts posts. As these earning will increase the SP of the account this will help increase the total vote value per share.

BETA

Yes this is in Beta form and changes may happen or if this ends up taking over my life the program might come to an end one day. If at any time we make significant changes to the program you may request to liquidate your shares without any transaction fees. If we end the program all steem will be returned including increased account value. These may take a 13 week time frame for the powerdown and if required all benefits will stay active during that time frame.

Not Required, but Smart

While it's not required it will be highly advantageous to upvote the posts of @minnowbuilder and increase the rewards of the posts. As this account grows so does it's total vote adding value to not only shareholders, but also the Minnow Builder Portion of this program.

Please help us gain more exposure and resteem this post. We are trying to grow this program purely grass roots and avoid paying to promote.

Follow the account to stay informed about updates, bonus votes, and future Selling Rounds!
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
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#introduceyourself/#introducemyself

The “introduceyourself/introducemyself” tag is for creating one introductory post that tells us about you. Users are encouraged to use this tag exclusively for that, and not to reuse it.

More information:

The Game of Tags

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Exactly what the tag was used for.

well just purchased my first share. Hope to buy more before the 7 days window closes

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As our Voting Power was sitting much to high you got a bonus 100% upvote on Steemtagram: we've got more pictures than articles these days.. Thank you for your support.

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oh thank you very much, I appreciate.

So if I understand everything correctly, Getting 1 share gets you a minimum 50% of the upvote value minus curation rewards of that steem amount (based on a 10x self-upvote and) . The other 50% goes to minnows selected by the program until they reach 500SP and the full share price that was send (-10%) can be claimed/sold back.

How about the unclaimed upvotes since not every account will publish a daily post that gets upvoted, where will they go to. For as far as I understand it is not possible to select a minnow account you want 50% of your share to go to.

Thanks for clearing it out.

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Correct 50% less curation. The votes currently will be timed around 17-18 minutes so you are recouping a good chunk of the curation too.

Unclaimed votes: Each user is assigned a number on our tracking spreadsheet and we were thinking of assigning random 50% upvotes.

We will also use some of the unused power to build the network of @minnowbuilder accounts stronger. So self voting of posts of the accounts posts.

If we find that we are nowhere near correct in using 7 average posts per week (which will happen IMO) we have plans to lower this which would increase the average voting power. But didn't want to start with the assumption that people would be posting 5.8x per week and then have to take away part of the vote. It was our opinion that starting at worst case and then improving was a much better way to go.

Down the road once we have other plans, but would rather not dangle a carrot we can't deliver for right now.

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I'm totally with you when it comes down to building from the worst case scenario.

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When you buy a share you get a percentage of 5 upvotes a day. What your percentage is depends on the amount of shares in the program level.
The more shares the lower the percentage but the high the sp so you get more value the more shares are in the program.
There will be a window to remove your shares. All shares purchased with steem will include the proportion of grorth the account has seen. So all share holders own a part of the program.
When you sell your shares back they will be subject to a 10% fee.
I hope this helps. If you need further information please read the posts from @minnowbuilder

I have purchased 2 shares. It will be interesting to see it grow. I saw mention of someone creating a discord channel. Any update on that? Good luck with the venture.

Something great is about to happen to our community, I can see it, let's hope it will work accordingly

A little support for this program

spdelagasi.png

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Thank you. As always you are a great supporter of the community sharing and giving back on a regular basis.

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I grow because I am in community, and the community grows because it members support. We all get benefit :D

Great news! I have been waiting all week for this one so I can resteem it.
I am going wait and see how my payouts look over the next few days then decide on how many share to purchase.

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Thank you! Appreciate the support.

Not having the time to fully dig into and digest all the details @minnowbuilder, I have chosen this morning to support this program. I am doing so from the outset based solely on the strength of the impression made on me by @thedarkhorse, since first being introduced to the @pifc team by @headchange weeks ago. Full stop. Period.

Stating the obvious (to me), I am trusting the fact he and @andrewharland (with likely other support currently unknown to me) have put this together to the best of their individual abilities. Applying their particular skill sets, based on the foundation of good business (no time to extract highlights for this reply …), in what they have deemed to be in the “mutually beneficial” best interests of all involved with the PIFC movement!

I do have questions. But they are likely answered in the text of previous posts somewhere, so I have gone ahead with my decision.

All the best, to all involved with the @pifc team, for a better tomorrow!

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Appreciate the trust you are putting in us. Please ask away on your questions as there is full transparency here and would rather people fully understand our mission of helping Build Minnows and how you benefit from doing so. Educated people tend to be much more likely to help spread the word.

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I appreciate that @thedarkhorse. Prefer to not take your valuable time for now. At least not until I've invested my own time to read all you've spent a lot of time already in writing for our reference. Just my "old school" ways perhaps ...

Posted using Partiko Android

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Thank you for that. Appreciate you respecting my time!

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Not a problem. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (some times insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (some times insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (some times insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (sometimes insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (sometimes insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (sometimes insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (sometimes insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (sometimes insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (sometimes insisting on ...) the same in return. 👍

Posted using Partiko Android

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Not a problem @thedarkhorse. My pleasure, as it is "built in" from a career extending that professional courtesy to others and hopefully receiving (sometimes insisting on ...) the same in return. 👍

Posted using Partiko Android

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I appreciate that @thedarkhorse. Prefer to not take your valuable time for now. At least not until I've invested my own time to read all you've spent a lot of time already in writing for our reference. My "old school" ways perhaps ...

Posted using Partiko Android

This is well done. well done
Andrew did one heck of a job

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The posts are purely @thedarkhorse , I've been involved in the background suff. 👍

And for the PIFC group There is an advantage?

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The @pifc judges will be selecting the steemians who will be in the Minnow Building Program. There will be a limited number of slots per account to make sure that we are able to give large upvote to each of them and move them up the ranks as quickly as possible.

As the @pifc judges will be doing the selection most will come from the community. Stronger those who are curating content each week are the more good we can do as a community. It's a snowball effect as to the benefits of this program.

This looks awesome. I'm almost at minnow status now. I will contemplate this and learn more about it. It looks like a good deal.

Without trying to get you in trouble, can you explain how @minnowbuilder differs from the likes of SBI and upvoteshares?

I like you guys and trust you so I've delegated a little to get the ball rolling, good luck!

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This is the way I understand and see these 3 programs.

SBI was first and came up with the idea of being able to sponsor someone. This made it possible to get something for yourself and give something to someone else at the same time. While it's a good way to give something away in a contest, the numbers and fundamentals don't really add up to see it as an investment. New Shares need to be bough to fund old shareholders and the entire program would collapse if new money stopped coming in. It heavily relies on bought delegation and it's really hard to recover your initial investment.

Upvoteshares is a smaller scale 'proof of concept' system that is fully transparant and based on numbers which makes it all highly predictable. It is mostly aimed toward people who have a longer term mindset on Steemit and will benefit those the most. It also comes wit a way to sponsor minnows, but this is limited in time to make it scalable. Only minnows that get multiple sponsorships over time can also get permanent support in the form of a free (paid for by the program) upvoteshare. Basically the money and value comes from a minimum of 10% that is always powered up on top of what has been send and the shareholders that give up on steemit, this makes it also possible to distribute nearly all unused upvotes to other shareholders and grow the account making the shares worth more in price each level which benefits all existing shareholders.

Minnowbuilder is basically a project that aims to help minnows reach 500SP. Their concept is much better suited to do this in an organised way compared to SBI and Upvoteshares. It's less of an investment in yourself but more in the steemit platform whil you also get something for yourself at the same time.


In short how I see these (feel free to correct me) SBI: Good if you host a contest and want to give out a price but purely as an investment it's a horrible deal and mainly helps the sbi accounts earn a lot of curation rewards. Upvoteshares: Good if you are a content creator that posts ~5+ posts weekly and in are on steemit for the long run. Mostly aimed to support yourself but also helps others at the same time. Minnowbuilder: Good if you look for an effective way to help minnow on this platform while also getting something for yourself at the same time.
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Not a bad way of putting it 👍👍

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Thanks for this @costanza!

I guess I'm happy to support all three schemes as they all have their pro's.

As a content creator who supports minnows and likes to dish out the odd prize/gift, I can see value in all three for me.

Cheers!

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The purchased side of this project is similar to those two projects. Its a daily upvote bot but it also increases in value as it goes.
The main reason for the project is to support new and growing stemians. To take them all the way to 500sp. So yes there are similarities with these other projects on the purchased side.

We believe that by using the other half of this project to build as many people (free of charge with only a return upvote) who are active and involved in this community to minnow status, will help support everyone involved.
Imagine having 60 curators building to 500sp at anyone time. These accounts will grow and support everyone involved.

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Alright then, this sounds reasonable enough. I'm in 😊

Thanks for the additional info.

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Just to add a little. SBI is great, but the concept of "sponsoring someone" has been warped pretty bad in many cases as there is a lot of share swapping (buy me one and I'll buy you one).

Upvoteshares has some great ideas on how to improve on SBI, but are keeping it very limited in scope and while the minnowshares are there they are short term. So while you get to give away these shares you are really buying in for your own vote more then anything. This is great as a way to effectively grow your account, but not a long standing way to help the community.

That all said I feel we took some of the best parts of both programs. Added in manual curation to find deserving redfish. Plus are dedicating to take a redfish from wherever they are in terms of SP and work with them on getting to 500sp.

Mind you MinnowBuilder is only step one. I'm very serious about moving forward and creating dolphins too. But baby steps here and starting off with trying to get us a real class of minnows who have enough vested stake in steemit to potentially make a difference with their voice (votes for witnesses) and ability to help new redfish move along the ranks even faster.

I will also be setting up a vote trail for those who are enrolled in the Minnow Builder Trainee program which could potentially add to the support given to the redfish we are trying to grow. Besides the vote from the minnowbuilder account if we can get some people that have bigger accounts to even give a little each day to supporting those we are growing the process could go much faster. This will start before we move out of Beta, but need a couple weeks to figure out what we didn't think of...there is always something that needs to be fixed with a project like this.

Well, a few days ago I was sitting on 315 SP while waiting for this program... and then, markets crashed. Again. This time I couldn't resist myself:

Now I'm almost at the end of Level 6.

Makes little sense to use this program now. Right? I might as well allow @minnowbuilder to help others instead.

I'll probably be above 500 SP by the end of the month. :-P

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No because it will also give a nice vote on your posts. The other side of it is to build minnows. two different things

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Will you continue voting, once members get past that 500 SP mark?

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We will pick up another redfish to take there place but. the voting part keeps going depending on the amount of shares you have. The redfish to minnow has nothing to do with shares

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I've just got myself 10 Shares! :-D

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nice, well done

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Thanks for the explanation. Now that I understand it better, I'll go get a few shares. Still waiting for an internal market order... Maybe I can get 10 shares instead of 8.

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Any time. @thedarkhorse explains it better and glad he jumped in, along with andrew. They did an outstanding job on this.

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Hola @trincowski, ¿cuanto cuesta una accion?. lei por otra publicacion 1 steem, pero quiero estar segura.

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Si, ès 1 STEEM por accion.

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¿y hay que patrocinar a otra persona como SBI?

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No, no funciona dessa forma.

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The shares purchased give you a Lifetime Daily Upvote based on your total shares. This is for the owners 50% of the total voting power.

50% of the voting power goes towards the minnow building program and will be used to grow minnows.

Now I think we need to talk to @hitmeasap about the program to bump you to Minnow right away. You give back to the community so much and know you deserve the support of others. 24 steem is nothing and if they agree to do this I will kick in the first 5 steem (@thedarkhorse account).

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Thanks buddy I hope it's going well this weekend for you.

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Thanks. I would get there myself faster but I'm reserving a few Steem, to buy shares into this program! 😉

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After your explanations... I finally understood the program. I've just got myself 10 Shares! :-D

I sent over some steem. I really like this idea and can't wait to see who we are pushing to the next level.

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First round in my mind would be some of the longest standing curators. These people are constantly helping other and there are a number who are getting reasonable close to minnow status. It will be great to push their vote values up so as they keep curating and helping others they will have a larger impact.

This will quickly expand when we open MinnowBuilder2 as we will then be up to 20 trainees, then 30 with minnowbuilder3 and so forth with a total of 60 at any given time once all 6 accounts are opened up. This is when things will get very interesting.

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Welcome to Steem @minnowbuilder.

Do read A thumb rule for steemit minnows - 50:100:200:25 for starter tips.

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Love it! Just getting all my funds sorted out to buy shares of minnowbuilder

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See you managed to pull together some funds. Thanks for your support!

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I figured how to delegate SP too so I got in just in the nick of time to get these early shares.

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Hi @porters! I`m here to help :) If you want to delegate, please make a comment (for example replay to this one) like this:
I want to delegate X sp to @user
Where X is the amount of SP and @user is the steem user you want to delegate to. For example:
I want to delegate 100 sp to @minnowbuilder
@tipU will answer with a delegation link. Hope this helps!:)
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Interesting, didn't realize this was an option. Might be easier for some users.

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I will need to get a post up with How To Delegate SP. Sometimes it's easy to forget that not everyone would know how to do something like this as you are writing a post. It was a long time before I ever looked into delegating SP and guessing many others haven't either.

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Hi @minnowbuilder! I`m here to help :) If you want to delegate, please make a comment (for example replay to this one) like this:
I want to delegate X sp to @user
Where X is the amount of SP and @user is the steem user you want to delegate to. For example:
I want to delegate 100 sp to @porters
@tipU will answer with a delegation link. Hope this helps!:)

Congratulations @minnowbuilder!
Your post was mentioned in the Steemit Hit Parade for newcomers in the following category:

  • Comments - Ranked 2 with 43 comments

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!

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@arcange guessing you posted with a bot as I've seen this exact message many times, but not sure is you read your replies. If so this account is a program designed to help curated redfish become minnows with daily upvotes while at the same time returning an upvote worth 5x compared to self voting (based on daily posting) to those who support the project.

Not sure if you ever support projects in your efforts to give newcomers more visibility, but this program and @pifc are both ones that you might want to look into. Full disclosure I am the creator of both accounts and might be a little biased...lol.

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Even if some comments are automated, I read all replies except the boring "thanks for sharing" ;)

I will have a look at your project and might jump in if found interesting (no promises)

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Great to know that. Wasn't sure how hands on you were with this part of everything you do. No expectations on my end, but thanks for taking a look. Appreciate your time.

Hey minnowbuilder! If you would like to see what the current trending content and topics on the internet are consider following @coffeebreak and @topicstoday accounts to make your personal feed more fun and informative.

I think I've got my head around this now. I've delegated 10 SP for the time being. Sorry, it's not much, but hopefully adds to the pot.
Will you be publishing which minnows get sponsored? Will it be different ones each week, or an ongoing support until each one reaches 500 SP? Sorry for all the questions.

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This is an ongoing effort and will be until they reach 500sp. There will be 6 minnowbuilder accounts which will cover the 6 levels we used for breaking up the redfish. Idea is to take from as little as 15 owned SP all the way up to 500sp.

MB - Levels.PNG

We will have a post showing who is sponsored in each level along with an accounting of their growth each week. This will allow the program to have added growth. Thinking about having the Liquid Steem be used for buying MB shares for those in the program for whichever account we are currently selling shares in to help boost them to minnow faster. This part hasn't fully been ironed out, but feel that extra boosts to move them along faster and give them a long term income stream will help transition them.

And never be sorry for questions. We prefer that over people being confused.

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Looking forward to seeing it all in action. Thank you for the detailed explanation.

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@minismallholding Not seeing a wallet memo from you. Can you please send the following (use .001 steem to send):

"I understand and agree to the rules of the @minnowbuilder program and want to purchase 5 Shares and have sent a delegation of 10 SP for the purchase"

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Oh sorry. Knew I wouldn't take everything in properly.

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Lot to take in so completely understand. I need to make a more concise post that is just instructions for buying shares.

¡Hola @minnowbuilder! Compre 6 acciones pero, me confundí y puse cinco en las x, como se hace en este caso, y disculpa por mi equivocación, un cariñoso abrazo.

Recibido de celinavisaez

  • 6,000 STEEM
    hace 14 minutos
    Entiendo y acepto las reglas del programa @minnowbuilder y quiero comprar 5 Acciones
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6 Shares are confirmed

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Gracias muy amable de su parte, un abrazo @thedarkhorse

Hi @minnowbuilder!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 1.454 which ranks you at #37073 across all Steem accounts.
Your rank has improved 154 places in the last three days (old rank 37227).

In our last Algorithmic Curation Round, consisting of 487 contributions, your post is ranked at #139.

Evaluation of your UA score:
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