Upvote Shares Level 11 Available...
The account has reached 2548SP unlocking level 11 (See Table) after level 10 got sold out around 21 days ago. This means 50 new shares from the @upvoteshares account that spreads out daily upvotes become available. All of them have been reserved! Reservations are non-committal, so it is still possible more level 11 shares can become available, It's also always possible to reserve a spot for level 12 already or have some shares automatically reserved for each level like many by now do.
| - | 50 | Available Shares |
|---|---|---|
| Share Price | 3.860 STEEM | Can be recovered at any given time by selling the share on the market, but comes with a 0.200 STEEM exit cost which benefits all other shareholders. |
| Share Entry Cost | 0.300 STEEM | Will fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship. |
| Total | 4.160 STEEM | The total Steem for 1 Share |
LEVEL 11 RESERVATIONS
| Account | Reservations | STEEM |
|---|---|---|
| @roleerob | 10 Shares | 41.600 STEEM |
| @fredkese | 10 Shares | 41.600 STEEM |
| @costanza | 8 Shares | 33.280 STEEM |
| @trincowski | 5 Shares | 20.800 STEEM |
| @glastar | 2 Shares | 8.320 STEEM |
| @jlordc | 2 Shares | 8.320 STEEM |
| @mango-juice | 2 Shares | 8.320 STEEM |
| @abh12345 | 2 Shares | 8.320 STEEM |
| @braaiboy | 2 Shares | 8.320 STEEM |
| @romeskie | 2 Shares | 8.320 STEEM |
| @erikklok | 2 Shares | 8.320 STEEM |
| @fullcoverbetting | 1 Share | 4.160 STEEM |
| @byebyehamburgers | 1 Share | 4.160 STEEM |
| @bashadow | 1 Share | 4.160 STEEM |
| Total | 50 Reserved Shares |
The ones who have a reservation can send the required steem to the @upvoteshares account with the memo
Payment Level 11 Shares , I understand how this project works and agree with all terms and conditions (https://steemit.com/steemit/@upvoteshares/upvote-shares-or-terms-and-conditions)
I will confirm when your shares have successfully been assigned in the comments below where you can also let me know who you want to give your sponsorships to. In case you don't have the Steem directly available confirm your reservation in the comments and send it later on (before 28/03/2019). If you don't want to take up your reservations also let me know if possible so they can be taken up by others. I will be adjusting everyone's voting powers during the week already.
Level 11 Schedule
Friday 15/03/2019 Upvote Shares Level 11 Available
Monday 18/03/2019 Upvote Shares Level 11 Sold Out!
Friday 29/03/2019 Upvote Shares Level 11 (100% Complete)
| 1 Daily upvote from the @upvoteshares Account | This for as long as this project runs. (the 3.860 STEEM Share Price can be claimed back in case the project ever ends!) |
|---|---|
| 1 @minnowshares Sponsorship Giveaway | Can be Sponsored to someone by choice or be given away by hosting a Contest. Only accounts with roughly around <500$ worth of STEEM or that currently have between 1 and 8 sponsorships qualify. Current sponsorship count will be posted tomorrow on the @minnowshares account. |
At any given time, the amount of SP in the account will at least be 10% higher compared to the current share price based on the number of shares. [ Example Level 11 Price = 3.860 STEEM | Minimum Powered Up SP in Account = (3.860 STEEM x600 SHARES)x1.1 = 2548 SP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 11 this is 1000% / 600 Shares = 1.67% Upvote. Based on current Steem Price this is a ~0.00151$ upvote. (To calculate accurately do SP x1000 and Upvote /1000 see image )
This is the Minimum Guaranteed number in case every single share is active and all daily upvotes are used without counting any of the value creating mechanisms the project offers. The minimum value goes up each time a new level is reached because shares will always become more expensive as the account grows and extra SP is being added each new level. Those who got in on previous levels paid less for each share and have increased their minimum return a bit (see numbers).
There are currently plenty of reserved inactive shares and they don't count towards the upvote % distribution. Many of the shareholders from previous levels don't make daily posts which allow for an increased overall voting percentage to ~1500% and above. Each Level is pre-funded which means most of the SP from Level 12 will already be in the account to increase the upvote value. Leased SP from previous Levels are all still active and this will be increased by buying extra 90 day delegation from all the 0.300 STEEM entry costs that came with the Level 11 Shares. The @upvoteshares account has some savings to maintain the pace of moving to the next level in the future for when it gets harder. This SP is powered up on the minnowshares account and leased to the upvoteshares account to give a bit extra value to shareholders (80SP).
All this brings the expected upvote for each Share at...
1700% / 550 = ~3.1% from the @upvoteshares account that will have ~3850SP in it.
This currently makes the upvote for 1 share worth ~0.00400$. (4% at 84% VP)
(This might go up or down a bit based on how the voting power holds up)
While the upvotes themselves might not be spectacular because the continued low Steem Price, it is important to know that they are realistic and sustainable. One of the main ideas is that each share beats a 10x self-upvote that can be done with the amount of Steem it represents. If steem goes back up the upvote $ amounts will increase along with that.
| Daily Upvote | Before Curation | After Curation |
|---|---|---|
| 3.860 SP (10x Self Upvote) | ~0.001145$ | ~0.001145$ |
| 1 Upvote Share Minimum | ~0.001259$ | ~0.001007$ |
| 1 Upvote Share Expected | ~0.004000$ | ~0.003200$ |
Calculations were done using The Steemit Upvote Calculator
It is important always to focus on the minimum upvote and see everything on top as something extra that will likely decrease over time. Upvotes will be set at minute 12 which will take ~20% curation rewards, while this does not beat the 10x self upvote at the bare minimum levels, it will over time since the value of each share always increases. [ see table ]
Every Upvote Share comes with 1 Minnow Share that can be sponsored. The ones that get sponsored get on the auto-upvote list from the @minnowshares account until the next level is reached. Everyone who manages to get sponsored 7 Minnow Shares over time can claim 1 Upvote Share. (There were 50 reserved in level 0 and more in later levels). There will be a 10 day delay for Minnow Shares to start spreading out upvotes so everyone has enough time to choose who they want to sponsor or organise a contest.
The account of every Shareholder will be followed by the @upvoteshares account, this will help to increase the followers_mvest needed to get / increase busy.org | busy.pay upvotes and also helps to boost your @steem-ua score.
It is possible to Sponsor 1 or more Upvote Shares to someone else. In this case the Steem remains owned by the one who made the sponsorship and will be returned to them in case the project ever ends. Only when the account that got sponsored agrees can the share be sold on the market by the account that gave out the sponsorship. The Minnow Share Sponsorship that comes along with each share can also be sponsored by the person who Sponsored the Upvote Share but can not go to the same account.
There is currently No available share left for this Level. It is always possible to reserve shares for the next level or have an auto-reservation of one or more shares for each new level.
This post contained some typos in its mentions that have been corrected in less than a day. Thank you for your quick edit !
If you found this comment useful, consider upvoting it to help keep this bot running. You can see a list of all available commands by replying with
!help.Thanks, fixed !
Thanks!
STEEM sent and I nominate @ilanisnapshots for the minnowshares.
Thanks @braaiboy !
2 Shares [Share 554 & 555] have successfully been assigned to you and @ilanisnapshots as been noted for the minnowshare sponsorships. I already increased your voting % with 8%.<
As committed, this morning I have transferred 41.6 STEEM to @upvoteshares for 10 more shares @costanza. I will get back to you on this round of Minnowshares to sponsor, once I can access the current list.
As always, thank you for all of your effort to both put this program together, in the first place, and your faithful efforts to maintain it since then!
For my 10 Level 11 minnowshares @upvoteshares / @costanza, I would like to sponsor:
2 shares - @blessed-girl
2 shares - @theonlyway
2 shares - @insight-out
2 shares - @bengy
2 shares - @pifc
10 shares
If my accounting is correct (if not, please let me know), these sponsorships should put @insight-out, @bengy and @pifc “over the line” for 1 upvoteshare. 👍
Thanks!
P.S. Under “Extra Benefits” your post indicates “7 Minnow Shares over time can claim 1 Upvote Share” …
Your sponsorships have been noted and added. I forgot to change the number to 8 (the amount of sponsorships needed started off really low at 6 and slowly increases over time as more have gone out and shares get more expensive just to make it sustainable). I gave 3 of my own sponsorships to @insight-out, @bengy and @pifc so they are at 8 and get a free share today.
I'll adjust the number to 8 next post.
Thanks
(** posted with wrong account as I'm adding all the sponsorships.)
Okay very good @costanza / @minnowshares! That clears up a point of confusion for me, as I saw both 7 and 8 and was unclear as to which was correct.
In your choosing how best to handle it, you've gone "up a notch" or two in my estimation of your integrity. 👍
Means a great deal to me "in here," as God knows we certainly have enough examples of the opposite!
Posted using Partiko Android
Thanks friend @roleerob
Blessings, have a great day!
Thanks @roleerob !
10 Shares [Share 569 to 578] have successfully been assigned to you. I will make the updated minnowshare count post one of these days. Your auto-reservations from next level on will be reduced to 5 which will be the max from now on. This change was made because demand is usually bigger than the supply each level. Also feel free to let me know at any time when you think your have enough shares and want off the reservations list. Thanks again for the continued support.
Okay @upvoteshares / @costanza …
… understood. My original intent was to get to 100 shares. We’ll see …
Quick question. Is there a calculator somewhere (or some other mechanism) by which we might determine at what level a certain number of shares would no longer be receiving a 100% upvote? Stated another way, at what level would my current 70 shares no longer receive a 100% upvote?
100 shares is also my target over time with my main account.
For as far as what level the 70 shares no longer give a 100% upvote, it all depends on the overall activity of all shareholders combined since unused votes are redistributed to active shareholders so it's rather hard to say exactly. At minimup promised value 70 shares it would mean 1 share gives a 1.43% upvote making it exactly 100%. This would be reached when 1000% / 1.43 = 700 shares are in circulation. This would be reached at Level 13. The long term aim that seems to be realistic is to always have at least a x1.5 bonus on the minimum values (currently it's at x2.3+). Counting a x1.5 bonus 70 shares would no longer give a 100% upvote around level 20-21
I hope that makes sense
Yes @upvoteshares it does make some sense. And that is all I needed. A good approximation, as I have gone back and forth in my mind as to whether I should continue buying more shares.
Appears I am only a little "ahead of the curve," so I think I'll just "stay the course," until I get to 100. Especially since that is your goal. And unlike me, I am sure you have a much clearer idea of what you are doing! 😉
Posted using Partiko Android
steem sent in and @shasta will be my sponsored account again.
Thanks @bashadow !
1 Share [Share 564] has successfully been assigned to you and @shasta as been noted for the minnowshare sponsorship. I already increased your voting % with 4%.
Thank you very much appreciated.
Thanks! Sent steem for 2 shares! :-)
Thanks @romeskie !
2 Shares [Share 565 & 566] have successfully been assigned to you. Feel free to let me know who you want your minnowshare sponsorships to go to before 28/03/2019. Your account is now followed and I added you to the upvote listalready for 8%
Thank you. I am sponsoring my shares to @jlordc
Noted, Thanks !
2 Shares [Share 597 to 598] have successfully been assigned to @glastar. Feel free to let me know who you want your minnowshare sponsorships to go to before 28/03/2019. (If I don't hear back I will again assign them to the @minnowbuilder accounts)
Thanks !
Thank you 😉
Nice :)
Sent my STEEM for 2 more of these, and would like to nominate @sparkesy43 for the perks. Cheers!
Thanks Asher !
2 Share [Share 552 & 553] have successfully been assigned to you and @sparkesy43 as been noted for the minnowshare sponsorships. I already increased your voting % with 8%.
Thanks!
Steem sent! Thanks! :)
This time I'm sponsoring my to 2 shares to @romeskie
Thanks @jlordc!
2 Shares [Share 579 & 580] have successfully been assigned to you and @romeskie as been noted for the minnowshare sponsorships. I just increased your voting % with 8% to 96%
5 Shares [Share 581 to 585] have successfully been assigned to @trincowski. Feel free to let me know who you want your minnowshare sponsorships to go to before 28/03/2019.
Thanks !
For sure, I will.
Hello again! My @minnowshares sponsorship goes to:
@apinchofhome, @digi-me, @marya77, @secora, @teutonium
Keep up with the great work!
Thanks! This is the first time I'm hearing about this project. One more to research... And people still tell me they run out of content if anything I have too much content to write and research about.
This is a very cool one. You are buying shares, but unlike with SBI, you still own them, besides the upvote benefits. And they have been increasing in price, too.
@trincowski,thank you very much for giving us notice. This is the first time that I hear about this project. I'm trying to keep up with the great works
Thanks @trincowski, your sponsorships have been noted and were just added to the upvote list.