Why MinnowBuilder?

A few people have asked why is @minnowbuilder the place to invest their money and apparently some of my posts were a little confusing. Love that people are interested enough to ask questions and hope that by taking some quotes from comments and replies to that comment we can clear some things up.

What @minnowbuilder is really about plain and simple is helping take redfish starting at 15 owned SP and helping build them up to 500sp and become Minnows. This is the heart and soul of why MinnowBuilder was started. Looking back at my posts I focused way to much on the reward side for those who want to give back to the community and not enough on the actual Minnow Builder Program.

Minnowbuilder, SBI, and UpvoteShares

@abh12345 asked:

Without trying to get you in trouble, can you explain how @minnowbuilder differs from the likes of SBI and upvoteshares?
I like you guys and trust you so I've delegated a little to get the ball rolling, good luck!

Before getting into my answer @costanza the creator of @upvoteshares had a response:

This is the way I understand and see these 3 programs.
SBI was first and came up with the idea of being able to sponsor someone. This made it possible to get something for yourself and give something to someone else at the same time. While it's a good way to give something away in a contest, the numbers and fundamentals don't really add up to see it as an investment. New Shares need to be bough to fund old shareholders and the entire program would collapse if new money stopped coming in. It heavily relies on bought delegation and it's really hard to recover your initial investment.

Upvoteshares is a smaller scale 'proof of concept' system that is fully transparant and based on numbers which makes it all highly predictable. It is mostly aimed toward people who have a longer term mindset on Steemit and will benefit those the most. It also comes wit a way to sponsor minnows, but this is limited in time to make it scalable. Only minnows that get multiple sponsorships over time can also get permanent support in the form of a free (paid for by the program) upvoteshare. Basically the money and value comes from a minimum of 10% that is always powered up on top of what has been send and the shareholders that give up on steemit, this makes it also possible to distribute nearly all unused upvotes to other shareholders and grow the account making the shares worth more in price each level which benefits all existing shareholders.

Minnowbuilder is basically a project that aims to help minnows reach 500SP. Their concept is much better suited to do this in an organised way compared to SBI and Upvoteshares. It's less of an investment in yourself but more in the steemit platform whil you also get something for yourself at the same time.

In short how I see these (feel free to correct me) SBI: Good if you host a contest and want to give out a price but purely as an investment it's a horrible deal and mainly helps the sbi accounts earn a lot of curation rewards. Upvoteshares: Good if you are a content creator that posts ~5+ posts weekly and in are on steemit for the long run. Mostly aimed to support yourself but also helps others at the same time. Minnowbuilder: Good if you look for an effective way to help minnow on this platform while also getting something for yourself at the same time.

Know that was a little long to quote, but it's great getting the perspective of someone who created a program that some of our ideas where taken from.

So what do we see as the main difference between all of the programs?

Well honestly it comes back to the giving back to the community and how this will be structured. By having the judges from the @pifc curation contest select redfish to get free upvotes until they reach 500sp and then working with these members on ways to improve their earnings we can help grow a much stronger steemit. Lets face it there are not enough minnows on the steemit platform to keep it stable long term. By giving people set goals to reach within the program we will help guide them to become minnows.

Each of these redfish will have been manually curated to insure original content creators are being rewarded and ideally looking for community oriented individuals.

Want to add in the response that @ had to the question. @ has a lot of knowledge of the SBI program and strong believer in it from the early stages. He has teamed up with me (@thedarkhorse) to make @minnowbuilder and has been critical in shaping the entire concept. Anyways here was his reply to @abh12345:

The purchased side of this project is similar to those two projects. Its a daily upvote bot but it also increases in value as it goes.
The main reason for the project is to support new and growing stemians. To take them all the way to 500sp. So yes there are similarities with these other projects on the purchased side.
We believe that by using the other half of this project to build as many people (free of charge with only a return upvote) who are active and involved in this community to minnow status, will help support everyone involved.
Imagine having 60 curators building to 500sp at anyone time. These accounts will grow and support everyone involved.

Well I hope that with all of this you have a more clear understanding of why you would support the Minnow Builder program. As always please ask questions. We are running this with full transparency and want people completely comfortable with the program and how it's being run.