First off I own many SBI shares and like the program a lot and even bought shares for @minnowbuilder to have a different source of votes for this account which gives added value to the owners which they didn't pay for.
That said there are a couple differences that to me make this program better for the community and for the share holders.
For the community side feel it's better as this ties I with @pifc and the curation efforts of a great group of people. For 22 weeks now we have been out there hunting down quality content creators who deserve more attention and higher rewards. This eliminates the swapping of shares that happens way to often on SBI which removes all of the giving aspect of the program.
Now the part I think more people will care about even if I personally feel the charitable part is more important...lol.
You own your share of MB if you send steem. This ownership allows you to be able to take part in all account growth from the day you purchase. Curation rewards and Author rewards will continue to add value to those who are owners of the shares. There will be a process for withdrawal, but it will be fairly simple just restricted to set times as to when it can be done.
As the account grows all shares will see an increased vote in terms of vests, can't control the dollar value. So if the price of steem stayed exactly the same for the next year you would know that your vote would be slightly increasing each and every week due to the earnings of the account.
@nathen007 hope that helps explain the differences. If you have questions please ask.
First off I own many SBI shares and like the program a lot and even bought shares for @minnowbuilder to have a different source of votes for this account which gives added value to the owners which they didn't pay for.
That said there are a couple differences that to me make this program better for the community and for the share holders.
For the community side feel it's better as this ties I with @pifc and the curation efforts of a great group of people. For 22 weeks now we have been out there hunting down quality content creators who deserve more attention and higher rewards. This eliminates the swapping of shares that happens way to often on SBI which removes all of the giving aspect of the program.
Now the part I think more people will care about even if I personally feel the charitable part is more important...lol.
You own your share of MB if you send steem. This ownership allows you to be able to take part in all account growth from the day you purchase. Curation rewards and Author rewards will continue to add value to those who are owners of the shares. There will be a process for withdrawal, but it will be fairly simple just restricted to set times as to when it can be done.
As the account grows all shares will see an increased vote in terms of vests, can't control the dollar value. So if the price of steem stayed exactly the same for the next year you would know that your vote would be slightly increasing each and every week due to the earnings of the account.
@nathen007 hope that helps explain the differences. If you have questions please ask.
Thanks for taking the time to reply. Got it now cheers :-)
Glad to help.