It has been 13 days since Level 2 was sold out and the upvotes have been spread out to all shareholders based on the amount of shares they have. Everything seems to be working properly and nearly all unused votes (1.6% Account Self Voting) are being used to give bigger upvotes to Shareholders that did make a post that day!
While the minimum promised upvote % for 1 share is (6.66%), they are now set at 25% due to a lot of the reserved shares being inactive and the mechanism where bigger shareholders contribute to the smaller shareholders since the maximum daily upvote is 100%. Since 4 shares give a 100% upvote, the ones who have 5 or more (See Full List) in a way add value for the others right now while still getting more than the minimum promised (15 shares = 100% upvote at minimum).
The voting Power manages to keep up with all the upvotes. Most of Bigger shareholders post in the moring European time. This tends to drain the power to around 90% to see it recover during the day rarely hitting 100% leaving voting power unused.
| - | Day 0 | Day 13 | Goal |
|---|---|---|---|
| Account SP | 730.600 SP | 740.323 SP | 744 SP |
| Saved STEEM | 0 STEEM | 1.375 STEEM | - |
| Minnowshares STEEM | 0 STEEM | 5.177 STEEM | - |
| Followers | - | 231 | - |
| Followers_mvest | - | 149 Million | 1 Billion |
These early levels should be quite easy to clear because not that much Steem (13.2 SP) needs to be earned to unlock the next level. The account right now earns around 1.7 STEEM each week on curation rewards. This alone is not enough to progress to the next level each month. The posts that have been made so far got some good support from @stimp1024 and some others which made a big difference. Unlike most other upvote groups, @upvoteshares does not require any vote whatsoever, but they are highly appreciated and help everyone grow.
I am already saving some STEEM for future levels who will get increasingly difficult to clear as a way to speed those up if it is ever needed. I sold the byteball tokens I got from the airdrop which gave me around 50SBD. This was deposited in the account and put into the @stimp-bank project from @stimp1024 which pays out a massive weekly interest of 3%. this earned interest will be used to build up some account savings.
For those who are interested in this project check with @stimp1024 and follow @stimp-bank for future updates.
The minnowshares account have been running for a while and earned around 5 SP, this will aslo be used in the future to keep the progression pace at 1 level each month.
Getting some initial exposure can be a challenge on Steemit. I'm sure there is a big demand for projects like this on the platform, but people have to know about it to drive up the overall demand. Some shares were reserved for Giveaways and are used as a sponsorship for the Engagement League of @abh12345 since this almost guarantee the shares going to solid accounts while giving the project some more exposure. Shares 88, 89 & 90 will be given away to the 7th place of that contest during the next weeks. (Share 88 was won this week by @bengy who has been added to the list, congrats ! (The spreadsheet will be updated when the next level is completed)
Thanks to all shareholders that made posts about this project or mentioned it somewhere ! Check out the post from @thedarkhorse "Paying It Forward to some Amazing Steemians" where he explained the project and gave his Minnow Share Sponsoirships away! Also thanks to @fullcoverbetting & @beat-the-bookies for helping promote this along with all the others.
Once the account reaches aroun 742SP I will make a post to start taking in reservations for Level 3 Shares (some have already been reserved). To make the transition between levels smooth, it is nice to have most of them reserved before they actually open up. Over time this should go fairly quickly as the project gets more exposure since the amount of shares are limited. Now in case the level does not get filled within 3 days, I will buy up some extra shares myself or for future giveaways and see what I can do to make sure the project can progress.
- Follow the @upvoteshares Account.
Evey follower (especially bigger SP accounts) add to the Followers_mvest number which can highly help the project getting some extra earnings over time by using the busy.org platform that gives upvotes for doing so. - Mention @upvoteshares to Steemians that might be interested
Mouth to mouth publicity can do a lot, so if you know anyone who is suited to be a part of this group make sure to let them know. - Upvote @upvoteshares Posts
100% of the post earnings go towards growing this account and icreasing the value of the shares for each of the shareholders. Upvoting posts will never become mandatory for this project!