Steemit Loan Update for 8/14 - Testing an example of using a steem account as loan collateral

Second payment to loan contributors for loan collateralize by a steemit account.

This is the second distribution of STEEM to @mrwang's loan contribution. This is an evolution of a loan to help @mrwang fix his truck while allowing him to use his account as collateral with master key being held by @virtualgrowth during the time of the loan and sending loan payments from @mrwang's account from rewards of recent posts as a way to pay back a loan from author and curation rewards being earned from steem!

More information of this steemit loan may be found here: Steemit Loan Update for 7/29. Today we will be making the first loan payment back to the contributors.

7 days ago 25.713 SBD, and 19.197 STEEM POWER for mrwang/crypto-the-animated-comedy-series

@bycompoundfilms & @steemitafterdark share of 6.428 SBD each per agreement

Transfer 6.428 SBD to steemitafterdark payment sent by virtualgrowth
Transfer 6.428 SBD to bycompoundfilms payment sent by virtualgrowth

Steem (Backed) Dollars (SBD) Balances & Payments

UserTotal (sbd)Previous BalancePaid (sbd)Balance (sbd)
@quinneaker715.274643.4421.343622.097
@virtualgrowth44.40239.941.32538.615
@patelincho9.4868.530.2838.247
@mattclarke4.7434.270.1424.128
@reedracer4.7434.270.1424.128
@holoz0r1.0540.950.0310.919

STEEM Balances & Payments

UserTotal (steem)Previous BalancePaid (steem)Balance (steem)
@quinneaker573.354516.85817.999498.859
@virtualgrowth35.59232.085043.314
@patelincho7.6046.8556.6160.239
@mattclarke3.8023.4273.3080.119
@reedracer3.8023.4273.3080.119
@holoz0r0.8450.7620.7350.027

Payments will continue from rewards earned by @mrwang's posts.

Recent Payments

1 minute ago Transfer 0.031 SBD to holoz0r 2nd loan payment
3 minutes ago Receive 0.001 SBD from virtualgrowth loan adjustment
3 minutes ago Transfer 0.142 SBD to reedracer 2nd loan payment
4 minutes ago Transfer 0.142 SBD to mattclarke 2nd loan payment
5 minutes ago Transfer 0.283 SBD to patelincho 2nd loan payment
11 minutes ago Transfer 1.325 SBD to virtualgrowth 2nd loan payment
11 minutes ago Transfer 21.343 SBD to quinneaker 2nd loan payment
13 minutes ago Transfer 17.999 STEEM to quinneaker 2nd loan payment
17 minutes ago Receive 12.346 STEEM from virtualgrowth loan adjustment
20 minutes ago Transfer 6.616 STEEM to patelincho 2nd loan payment
21 minutes ago Transfer 3.308 STEEM to mattclarke 2nd loan payment
22 minutes ago Transfer 3.308 STEEM to reedracer 2nd loan payment
23 minutes ago Transfer 0.735 STEEM to holoz0r 2nd loan payment
42 minutes ago Paid 23.264 SBD for 19.620 STEEM
47 minutes ago Transfer 6.428 SBD to steemitafterdark payment sent by virtualgrowth
48 minutes ago Transfer 6.428 SBD to bycompoundfilms payment sent by virtualgrowth

Thank you for everyone bringing this idea into a reality as a way to help each other and use our new found cryptocurrency possibilities.

Please check out recent posts of users who support this project

Big Thank You to @quinneaker as the largest contributor. You may check out his blog/post to return the favor of his support.

Steemit Open Mic Week 46 Original: Didgeridoo In Refreshing Summer Rain! by @quinneaker
Steemit Helping @antonette From Being a Homeless Mother - accepting BEYONDBITS & WHALESHARES to donate by @virtualgrowth
Just shit My Pants.. and You Won't Believe Why by @mrwang
Booster - Data Presentation and more info about self-voting. by @holoz0r

Best,


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