Account Update, 24 hours live

in minnowbuilder •  16 days ago

20180519_142732.jpg

A few things that have come up as a question that maybe I wasn't clear enough about before confirming shares for those who have purchased.

First off, you do not need to be a minnow or a redfish to purchase shares and get an upvote as a shareholder. The Shareholders get votes purely based on their percentage of ownership and it can be a 20sp redfish or a 100k sp whale. These votes will last as long as this program lasts. This portion of the program is purely there to fund the community Pay It Forward portion of the program.

For the Minnow Builder Trainee program you will need to be selected by the @pifc judges and be under 500sp to get votes. This part of the program is honestly the reason for doing all of this in my eyes. Sure I love that we found a solid way to help those who are helping others...but at the same time the Shareholder side is purely a funding mechanism. The passion is about helping build minnows and beyond. Steemit has a serious need for a lot more minnows.

Share Owners Purchased (313 Purchase Shares)

ShareholderTotal Purchased Shares
@thedarkhorse100
@andrewharland110
@wolfhart8
@the-witty-waiter2
@nonsowrites1
@reonlouw10
@cicisaja2
@stever825
@emergehealthier75

Share Owners Delegated (260 Delegated Shares)

ShareholderTotal Delegated Shares
@andrewharland50
@abh12345125
@bananamemos50
@organicgardener (sponsored by @simplymike)25
@el-nailul10

Management Shares

10% in Management Shares are put in place for each share purchased. While these are intended to reward the management for our hard work we really aren't looking for that reward right now and are using them instead to benefit the @pifc and @minnowbuilder communities. Here are where we are using the management shares currently.

@pifc | 23
@tarazkp | 11
@minnowbuilder2 | 23

@tarazkp was nice enough to delegate 50sp on the condition that we delegate 50sp to @steem-ua. This gives the account 2 upvotes per week. This delegation is a wash, but we are earning extra on our posts which is a nice bonus for all shareholders. This is why currently he is getting some of the management shares. As you can see all others are being used to upvote either PIFC or MinnowBuilder accounts.

Account Balances

Steem: 2.018
SteemPower Owned: 327.71
SteemPower Delegated: 570.17
SBD: $0.026
Pending Author Rewards: 7.161 SP & 7.161 STEEM

Purchase Shares

Interested in helping us build Minnows? Just looking for a way to give back a little while increasing rewards on your posts? We can help. Go to MinnowBuilder Shares are For Sale and read how to purchase shares of @minnowbuilder

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Thanks for the clarification. I admit I was a bit confused about this. I have 8 Steem and trying to buy some more so I can get in with 10 shares.

Keep on rocking! 🤗

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Sounds great and sorry for any confusion. Been working WAY to much the last 7 weeks and probably wasn't thinking as clearly as needed to properly convey some parts of the program.

Any idea how long this selling round will be open?

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Each selling round is planned for 7 days and using the payout time as the end of the round. This will allow us to still have a life outside of constant selling of shares and also have time to make adjustments if needed.

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One week. From the opening post

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 dropped 7 places in the last three days (old rank 37066).

In our last Algorithmic Curation Round, consisting of 324 contributions, your post is ranked at #208.

Evaluation of your UA score:
  • Only a few people are following you, try to convince more people with good work.
  • You have already convinced some users to vote for your post, keep trying!
  • You have already shown user engagement, try to improve it further.

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