Upvote Shares Level 12 Available...

@upvoteshares is a project from @costanza that aims to provide Daily Upvotes based on a fair model that is proving to be sustainable and scalable over time. This Project is mainly aimed towards Steemians with a long term mindset.

If you are not fully up to date with this project, I highly recommend reading all the details in the Terms and & Conditions ! I also recently made a post about the Upveteshares Model Mechanics and how they solve many of the issues most other daily upvote projects have.

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The account has reached 2803 SP unlocking level 12 (See Table) after level 11 got sold out around 27 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 12 shares can become available, It's also always possible to reserve a spot for level 13 already or have some shares automatically reserved for each level like many by now do.

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-	50	Available Shares
Share Price	3.920 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	4.220 STEEM	The total Steem for 1 Share

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LEVEL 12 RESERVATIONS

Account	Reservations	STEEM
@roleerob	5 Shares	21.100 STEEM
@macoolette	5 Shares	21.100 STEEM
@costanza	5 Shares	21.100 STEEM
@fredkese	5 Shares	21.100 STEEM
@revisesociology	5 Shares	21.100 STEEM
@newageinv	5 Shares	21.100 STEEM
@sportfrei	5 Shares	21.100 STEEM
@glastar	2 Shares	8.440 STEEM
@jlordc	2 Shares	8.440 STEEM
@mango-juice	2 Shares	8.440 STEEM
@abh12345	2 Shares	8.440 STEEM
@braaiboy	2 Shares	8.440 STEEM
@romsekie	2 Shares	8.440 STEEM
@fullcoverbetting	1 Share	4.220 STEEM
@byebyehamburgers	1 Share	4.220 STEEM
@bashdow	1 Share	4.220 STEEM
Total	50 Reserved Shares

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The ones who have a reservation can send the required steem to the @upvoteshares account with the memo

Payment Level 12 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 25/04/2019). 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 12 Schedule
Monday 15/04/2019 Upvote Shares Level 12 Available
Friday 19/04/2019 Upvote Shares Level 12 Sold Out!
Friday 26/04/2019 Upvote Shares Level 12 (100% Complete)

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1 Daily upvote from the @upvoteshares Account	This for as long as this project runs. (the 3.920 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.

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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 12 Price = 3.920 STEEM | Minimum Powered Up SP in Account = (3.920 STEEM x650 SHARES)x1.1 = 2803 SP ]

Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 12 this is 1000% / 650 Shares = 1.54% Upvote. Based on current Steem Price this is a ~0.001084$ 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 inactive shares that directly increase Shares. 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 13 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 12 Shares. The @upvoteshares account has some savings to maintain the pace of moving to the next level in the future 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 (100SP).

All this brings the expected upvote for each Share at...
1700% / 600 = ~3.1% from the @upvoteshares account that will have ~4030SP in it.
This currently makes the upvote for 1 share worth ~0.00354$. (3.4% at 90% VP)

(This might go up or down a bit based on how the voting power holds up)

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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
3.920 SP (10x Self Upvote)	~0.000984$	~0.000984$
1 Upvote Share Minimum	~0.00108$	~0.000867$
1 Upvote Share Expected	~0.00354$	~0.002833$

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 ]

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1. 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 8 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 organize a contest.

2. 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.

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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.

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Previous Levels Information

Level	Post	Spreadsheet
00	Level 0 (100% Complete)	Link
01	Level 1 (100% Complete)	Link
02	Level 2 (100% Complete)	Link
03	Level 3 (100% Complete)	Link
04	Level 4 (100% Complete)	Link
05	Level 5 (100% Complete)	Link
06	Level 6 (100% Complete)	Link
07	Level 7 (100% Complete)	Link
08	Level 8 (100% Complete)	Link
09	Level 9 (100% Complete)	Link
10	Level 10 (100% Complete)	Link
11	Level 11 (100% Complete)	Link

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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.

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List of All Shareholders

-	@minnowshares	23
-	Future Giveaways	13
-	Burned Shares	2
1	@roleerob	70
2	@costanza	65
3	@glastar	40
4	@trincowski	30
5	@macoolette	27
6	@jlordc	24
7	@newageinv	20
8	@fullcoverbetting	20
9	@blanchy	17
10	@braaiboy	16
11	@byebyehamburgers	16
12	@stimp1024	14
13	@abh12345	12
14	@andrewharland	11
15	@o07	11
16	@fredkese	11
17	@angelacs	10
18	@doughtaker	10
19	@thedarkhorse	10
20	@mango-juice	10
21	@erikklok	9
22	@simplymike	7
23	@pifc	7
24	@bengy	7
25	@barbadosso	5
26	@beat-the-bookies	5
27	@plantstoplanks	5
28	@maarnio	4
29	@shookriya	4
30	@cicisaja	4
31	@bashadow	4
32	@lawlees	3
33	@tryskele	3
34	@lynncoyle1	3
35	@crypto-econom1st	2
36	@wolfhart	2
37	@mermaidvampire	2
38	@acidyo	2
39	@nanzo-scoop	2
40	@acelad	2
41	@jznsamuel	2
42	@balticbadger	2
43	@craigcryptoking	2
44	@romeskie	2
45	@insight-out	2
46	@minnowbuilder	2
47	@fitat40	1
48	@lenasveganliving	1
49	@woman-onthe-wing	1
50	@steevc	1
51	@slobberchops	1
52	@numpypython	1
53	@fulltimegeek	1
54	@themanwithnoname	1
55	@rishi556	1
56	@lovetaxi005	1
57	@veryspider	1
58	@eoj	1
59	@mmunited	1
60	@keegzhawkins	1
61	@adelair	1
62	@viking-ventures	1
63	@el-nailul	1
64	@celinavisaez	1
65	@buckaroo	1
66	@marya77	1
67	@team-ccc	1
68	@janton	1
69	@incubot	1
70	@minnowbuilder2	1

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That's it, I will do what iI can to make things go as smooth as possible. Feel free to let me know if I made a mistake somewhere along the way.

All the earnings from this post will be used to grow the account which benefits all shareholders and helps to reach the next level! Thanks