BEYONDBITS, ANOTHER TOKEN IN THE WHALESHARES PROJECT!
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As I heard, I should also add some information about BeyondBit to my steemgigs whaleshare guide. Many people don't know that they can use both tokens, WhaleShares and BeyondBits, on their posts and thus increasing it's visibility and post-payout even more. This is the continuation of my guide post as I think this will be little bit more comprehensive too, even though this token is not that much different from WhaleShares token. I will add all of this to my guide later.
This post is also a promotion of whaleshares project in general and my comprehensive whaleshares guide. In the guide there should be like everything you would need to use WhaleShares. Also it is very detailed and easy to use. If you are still missing some information in the guide, please tell me what you are missing so I can add it. :)
THE WHALESHARES DISCORD:
https://discord.gg/zsdWYQX
THE GUIDE:
https://steemit.com/whaleshares/@eirik/steemgig-a-complete-guide-on-how-to-use-whaleshares
WHAT ARE BEYONDBITS?
BeyondBits is an another token in the WhaleShares project. The features of these tokens are the same as with the WhaleShare tokens. In other words you can use them to call a whale to upvote your post and as with WhaleShares is one token worth 1% upvote. The biggest difference is the whale that will be doing the upvoting. Every token is linked to different whale and BeyondBits tokens are linked to fuzzyvest.
WHY IS THERE ANOTHER TOKEN? ISN'T ONE ENOUGH?
If you want to join the WhaleShares project as a whale, you have many options how to do so. Every one of these options have advantages and disadvantages.
FIRST OPTION
You can delegate some of your steem power to whales that are already in the project, like officialfuzzy. The problem with this option is that you are not getting the curation rewards and you also don’t earn anything. You can pretty much say you donated this steem power to the project. However this project can not only help minnows, but also the whales.
SECOND OPTION
You can trail your votes to the whales in the project. Advantage of this option is that the steem power is still on your account and so are the curation rewards. With this option you are increasing the power of current tokens as you have added your steem power and thus increasing the potential rewards that people can get by using those tokens.
THIRD OPTION
The third option is probably the best.
This option is about having whale with it's own token on the DEX. You can set the parameters like name, maximum supply and choose for how much it will be selling on the market. You are the boss of your own tokens so you can even choose how your tokens will be distributed. And there are a lot of ways how you could do that. The best thing is that you will not even want to power down as a whale, because your SP is actually a marketable now. It is a win-win scenario for both sides.
WHERE CAN I GET SOME BEYONDBITS?
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmbTftFKDNZCe2pHxkNoPE65Ju4Ubm8Qd6vNW8FWWwVL6j/image.png)
Or you can just click this link to go straight to the market.
https://bitshares.org/wallet/#/market/BEYONDBIT_BTS
You can also exchange your WhaleShare tokens to BeyondBit tokens. https://bitshares.org/wallet/#/market/BEYONDBIT_WHALESHARE
![](https://steemitimages.com/DQmbUKVe9tTVMphE4RdcjW3KnM7nNDnfYunXoZCWv4593hx/image.png)
ARE BEYONDBITS WORTH IT?
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmZw4PXbe5ivrCFdHoVtfWjHfX87MWCzzgpWf1zL4Jefar/image.png)
You can buy 1 BeyondBit for 1.42 WhaleShare right now, but you really have to calculate. BeyondBits are much stronger than WhaleShares, because they are linked to much stronger whale. However it is very important to check the voting power of them both and pick the one with more voting power to maximalize your ROI.
![](https://steemitimages.com/DQmfM54TDw2u7GUpk2XAnLQg8rt7WCCKCcic4EdpszLREZF/image.png)
This is just a start though. The project is still very young. With more whales in the project there will be many more tokens and every one of those tokens will have it's own value, popularity and demand. I would say WhaleShare tokens are like a main currency of this project so holding as many of them as you can is a good idea, because later you can use them to get some better tokens with really good price.
Like 1 WhaleShare token for 1 BeyondBit token. It will probably not go to 1:1 exchange rate again as the value of buying them for such a low price was just too big...
Thank you!
Do you want to ask about anything else? We got you, just come to our discord channel! :)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmQVWTLACQ6bHLYNEjpkrj2mFwT8D2QiEtdppiwc7GBCNy/image.png)
I still have 49 whaleshares. I have no idea how to get the most out of them. Any advice?
You have two options.
Nope, the 1:1 offer is done. Now it's 0.6:1. I don't think it's good enough. Thanks for the advice. :D
Yeah for 100 WS you get 70 BB. If you calculate properly with steemnow it can still be worth it though probably :)
Well said!
PLEASE EXCUSE THE LOW RATING, @donkypong IS CENSORING AND FLAGGING ME
Good work...upvoted...
But am confused...
Can't I get all these directly with my Steem dollar...why can't we use our SBD as a way of more promotion...
Any video tutorial?
Video tutorial for is whaleshares is there - https://steemit.com/whaleshares/@eirik/steemgig-a-complete-guide-on-how-to-use-whaleshares
There are a lot of ways how you can promote your post directly for SBDs, but you will end up in a break even situation or in a loss. WhaleShares offer you much better odds and higher post-payouts.
thanks and will check in and revert
good work
Good one Erik :) Will help to explayn !
Thanks pate! :)
Well said!
PLEASE EXCUSE THE LOW RATING, @donkypong IS CENSORING AND FLAGGING ME
Thanks for detailed guide!
One question left: beyondbits tokens can be obtained only as a result of exchange or can they be won in the competition, like the whaleshares?
Right now I don't think you can win them in the contests.
I would say the best idea is to always check the contest tab on the discord or #whaleshare tag on steemit. :)
This partially answers your question: https://steemit.com/steemgigs/@steemgigs/steemgig-the-best-how-to-use-whaleshares-tutorial-wins-a-potential-500-beyondbits-i-e-almost-usd800
Well said!
PLEASE EXCUSE THE LOW RATING, @donkypong IS CENSORING AND FLAGGING ME
Hi my buddy, @eirik, wish you a blessed sunday. Can you pls let me know the diffrence between Beyondbit and whaleshares? can both be used to promote one post? I used 1 beyond bit and later 2 whaleshares in a post and my whaleshare vote didnt show...which one is more profitable?
Yes you can use both tokens on one post.
Are you sure about that? Is it possible that you had mistaken the memo or something? I think there will be a problem somewhere.
BeyondBits are much more valuable as they are linked to stronger whale.
Thanks a lotfor your response. Yes am sure because I checked my account before sending to whaleshares and nothing changed. have you used both on the same post before? can it be used on comments? I guess that beyond bit is cheaper today.
Can I get the whaleshares back? I lost one last week too becuase of not adding U to my memo
You can't use them on comments.
I think the best would be to come to discord and wait for walrus or fuzzy and send them a message that you send the BeyondBits but you didn't get the upvote :)
I am trying to fix this for more people. Can I get your BTS address please?
Yes, my adress is Charles1 I bout one whaleshares 1 wek ago but didnt add U in the memo and it got lost too so 2 times lost deal..thanks.
Any upvote strategy for comments? I see some people with 6 to 10 upvotes following all their comments...haha in this game, you have to play smart in order to succeed
We are looking into it.
Well those people probably have some trails following them, I don't have any votes on my comments though! :)
Thanks a lot..i thnk so and if you find out their comment strategy, do not forget to let me know....pls . Thanks
Hello charles. I need a screenshot of the transaction and the memo from your bts account that you used.
Thanks.
nice photo! I appreciate your work
@eirik
Nice Post!
Thanks for sharing this.
Well said!
PLEASE EXCUSE THE LOW RATING, @donkypong IS CENSORING AND FLAGGING ME