Upvote Shares Level 9 Available...

in #steemit6 years ago (edited)

@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 longer 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 !


The account has reached 2057SP unlocking level 9 (See Table) after level 8 got sold out around 20 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 9 shares can become available, It's also always possible to reserve a spot for level 10 already or have some shares automatically reserved for each level like many by now do.


-50Available Shares
Share Price3.740 STEEMCan 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 Cost0.300 STEEMWill fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship.
Total4.040 STEEMThe total Steem for 1 Share

LEVEL 9 RESERVATIONS

AccountReservationsSTEEM
@macoolette11 Shares44.440 STEEM
@roleerob10 Shares40.400 STEEM
@glastar10 Shares40.400 STEEM
@mango-juice5 Shares20.200 STEEM
@costanza5 Shares20.200 STEEM
@jlordc2 Shares8.080 STEEM
@braaiboy2 Shares8.080 STEEM
@abh123452 Shares8.080 STEEM
@fullcoverbetting1 Share4.040 STEEM
@byebyehamburgers1 Share4.040 STEEM
@bashadow1 Share4.040 STEEM
Total50 Shares

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

Payment Level 9 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 succesfully been assigend 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 resrvation in the comments and send it later on (before 08/02/2019). If you don't want to take up your reservations also let me know if possible so they can be taken up by others. Voting Powers will be adjusted latest a next Monday.

Level 9 Schedule
Wednesday 23/01/2019 : Level 9 Available
Monday 28/01/2019: Level 9 Closes Down
Friday 08/02/2019: Level 9 Complete (Sponsorship Deadline)


1 Daily upvote from the @upvoteshares AccountThis for as long as this project runs. (the 3.740 STEEM Share Price can be claimed back in case the project ever ends!)
1 @minnowshares Sponsorship GiveawayCan be Sponsored to someone by choice or be given away by hosting a Contest. Only accounts with <500$ worth of STEEM or that currently have between 1 and 6 sponsorships. (See Full Minnowshare Count).

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 9 Price = 3.740 STEEM | Minimum Powered Up SP in Account = (3.740 STEEM x500 SHARES)x1.1 = 2057 SP ]

Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 9 this is 1000% / 500 Shares = 2.00% Upvote. Based on current Steem Price this is a ~0.00100$ 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 still a lot 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 10 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 9 Shares. The @upvoteshares account has some savings to maintain the pace of moving to a 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 (60SP). Te delegation from level 8 was done slight different because of a mix up. The amount was a bit lower but it will stay active 31 days longerto even it out.

All this brings the expected upvote for each Share at...
1800% / 450 = ~4% from the @upvoteshares account that will have ~3300SP in it. This currently makes the upvote for 1 share worth ~0.00320$. (4%)
(This project always aims to overdeliver and the expected upvote % for each share has always been a lot lower than where it was actually set. I plan to set the new upvote % for each share at 5% and see 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 UpvoteBefore CurationAfter Curation
3.740 SP (10x Self Upvote)~0.000908$~0.000908$
1 Upvote Share Minimum~0.001000$~0.000800$
1 Upvote Share Expected~0.003200$~0.002560$

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 ]


  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 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.

  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.


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.


Previous Levels Information

LevelPostSpreadsheet
0Level 0 (100% Complete)Link
1Level 1 (100% Complete)Link
2Level 2 (100% Complete)Link
3Level 3 (100% Complete)Link
4Level 4 (100% Complete)Link
5Level 5 (100% Complete)Link
6Level 6 (100% Complete)Link
7Level 7 (100% Complete)Link
8Level 8 (100% Complete)Link

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.


List of All Shareholders

-AccountShares
-@minnowshares38
-Future Giveaways13
-Burned Shares2
1@costanza50
2@roleerob40
3@trincowski25
4@glastar18
5@blanchy17
6@jlordc17
7@fullcoverbetting16
8@newageinv15
9@stimp102414
10@byebyehamburgers12
11@andrewharland11
12@o0711
13@angelacs10
14@doughtaker10
15@macoolette10
16@braaiboy10
17@thedarkhorse9
18@simplymike7
19@erikklok6
20@pifc6
21@abh123456
22@barbadosso5
23@beat-the-bookies5
24@plantstoplanks5
25@maarnio4
26@shookriya4
27@cicisaja4
28@lawlees3
29@tryskele3
30@lynncoyle13
31@crypto-econom1st2
32@wolfhart2
33@mermaidvampire2
34@acidyo2
35@nanzo-scoop2
36@acelad2
37@jznsamuel2
38@balticbadger2
39@bashadow2
40@craigcryptoking2
41@fitat401
42@lenasveganliving1
43@woman-onthe-wing1
44@steevc1
45@slobberchops1
46@numpypython1
47@fulltimegeek1
48@themanwithnoname1
49@rishi5561
50@lovetaxi0051
51@bengy1
52@veryspider1
53@eoj1
54@mmunited1
55@keegzhawkins1
56@adelair1
57@viking-ventures1
58@el-nailul1
59@insight-out1
60@minnowbuilder1
61@celinavisaez1

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

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

Sort:  

I'd like to nominate @bengy for my minnow shares. Cheers!

Wow! Thanks for the nomination and vote of support!

Oops, I do qualify!

Edit... Reading fail from me.. Or or or...

hmm, not sure! Says minnow, but also < $500 worth of STEEM. You are a minnow with more than $500 of STEEM :D

Let's see what the boss says...

Yes, I corrected my comment... Or not and!

I don't see an issue, it is great to have the ones who are already in get some extra return from the minniwshare upvotes. I also love the enthusiasm :)

2 Shares [Share 457 and 458] have successfully been assigned to you and your sponsorship has been noted. Voting % will be adjusted latest by next monday.

Thanks Asher!

Steem Sent and I would like to sponsor @shasta with the minnowshare.

Thanks @bashadow

1 Share [Share 476 has successfully been assigned to you and your sponsorship has been noted. Voting % will be adjusted latest by next monday.

I would be keen to up my shares to 5 total (extra 4) if there any that are unclaimed or left over!

I'll give you a shout in case there are any unclaimed reservation and you are the first to get them. If you want to turn these into a reservation for Level 10 in case they don't become available feel free to let me know.

Perfect, I will put in a request for a round 5 shares if any are leftover or unclaimed. Or the next round if there aren't any!

Will send the funds today! You know for which account the minnowshares are!
great to see the project growing and growing!
But I do think that I will only need to send 4.04 in stead of the 8.08 you wrote in the post. I only have a reservation for 1 share :)

Thanks Peter, that was a copy-paste mistake there :)

1 Share [Share 459 has successfully been assigned to you and your sponsorship has been noted. Voting % will be adjusted latest by next monday.

Steem sent. The minnow shares go to the following:

2 - @celinavisaez
2 - @team-ccc
2 - @janton
2 - @freedomshift
2 - @alexbiojs
1 - @marfonso

Thank you.

Thanks @macoolette

11 Shares [Share 460 to 470] have successfully been assigned to you Voting % will be adjusted latest by next monday.

Both @freedomshift & @marfonso unfortunately don't qualify for the minnowshare sponsorships because they are already well esatblished on Steemit with a lot of SP. The others have been noted and you can select 2 or 3 others to your liking. Thanks

Ooppsss, sorry @freedomshift and @marfonso. I did not even check your SPs, I was just thinking of you. 😊 Dolphins don't need minnowshares. Let's see if @costanza will open up a dolphin share project for that soon. 😄

Let me go find other candidates and come back later for the names...

Here are for the remaining shares.

2 - @insaneworks
1 - @vision20twenty

Oh, thank you. :)

I just happened to be looking for names and yours popped out through your upvote on my post, so instead, thank you! 😊

This could take us to infinite thank you comments so perhaps I should not say: "No, thank you." :D

Thanks my friend @macoolette .

Gracias querida @macoolette, profundamente agradecida. Dos días de mucha alegría, pero hoy ha sido un día muy triste, he llorado el pequeño restauran de mi hijo menor, fue saqueado hoy 23 de enero, doy gracias a Dios que no estamos en el pueblo, no hubo muertes que lamentar, los daños materiales se recuperan, disculpa que te cuente esto, pero siento un poco de angustia y estoy lejos de casa, un abrazo.

That is a terrible experience but it's a good thing that there is no casualty. Take care...

Can I send the steem now?

Posted using Partiko Android

Yes @mango-juice, these posts always open up the new level and everything gets processed from here. It's basically always the same routine for each level and it has worked pretty well so far. There is no rush to it, but it's easy for me if it's done within 5 days so I can power it all up to SP and adjust the voting percentages.
Thanks

i really like the way you clear all the problems! payment sent ! thank you !

Thanks @mango-juice!

5 Shares [Share 471 to 475] have successfully been assigned to you and your sponsorship has been noted. I already added you at minimum voting % (2% for each share) and this will be adjusted up to 5% for each share latest by monday along with everyone else. enjoy

Thank you man. That was fast#

Posted using Partiko Android

Steem Sent! Thanks once again @upvoteshares! :)

My 2 sponsorship goes to @fullcoverbetting.

Thanks @jlordc

2 Shares [Share 475 and 476] have successfully been assigned to you and your sponsorships has been noted. Voting % will be adjusted latest by next monday.

Sent the steem.
The sponsorship will be given 2 each for below accounts
@minnowbuilder2
@minnowbuilder3
@minnowbuilder4
@minnowbuilder5

Will think for the remaining 2

Posted using Partiko Android

Thanks @glastar

10 Shares [Share 479 to 488] have successfully been assigned to you and your sponsorships has been noted, feel free to let me know the last 2 when you can. Voting % will be adjusted latest by next monday.

My shares have been paid for @upvoteshares. Once the @minnowshares list has been updated, I'll figure out my minnowshare nominations for this level. Thanks!

Thanks @roleerob !

10 Shares [Share 489 to 498] have successfully been assigned to you and I'll be adjusting everyone's voting power today already. I'm always updating the minnowshare counts the day before opening the new level since last time. You can check this post from 3 days ago to see who has how many sponsorships. Feel free to let me know when you can. There are 2 weeks left before the minnowshare upvote list refreshes so plenty of time.

For my 10 Level 9 minnowshares @upvoteshares / @costanza, I would like to sponsor:

2 shares - @blessed-girl
1 shares - @buckaroo
2 shares - @insight-out
2 shares - @marya77
1 share - @thedarkhorse
2 shares - @theonlyway
10 shares

If my accounting is correct (if not, please let me know), these sponsorships should put @buckaroo, @marya77, and @thedarkhorse over the line for 1 upvoteshare each. 👍

Thanks!

Sponsorships have been noted, and the ones that reached the needed amount of sponsorships just got their free share and were added to the upvote list. Thanks @roleerob. The Full level 9 report will be posted within an hour.

I don't get it, and I want to know how to subscribe

Posted using Partiko Android

I mentioned at the top of the article where to find all the info on how the model of this project works.

If you are not fully up to date with this project, I highly recommend reading all the details in the Terms and & Conditions !

If anything is unclear feel free to ask questions @fredkese.
Kind Regards,

Still confused but I guess level 9 is open, so I want to apply.

Posted using Partiko Android

All level 9 shares were reserved at the moment the level opened up. If you want you can reserve one or more shares for once level 10 is reached and opens up. Make sure to read all the info on how everything works. Everything should be properly explained in the terms and conditions and in the posts that are made on the account. It might be a lot to take in, but once you understand how it all works it's actually very straightforward.

Alright, so I want to reserve a level 10 spot

Posted using Partiko Android

1 Share for Level 10 has been reserved for you @fredkese. I will send you a message once it becomes available. Probably around 3 weeks from now.

Alright, thank you

Posted using Partiko Android

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