Whaleshares is a project developed by @officialfuzzy or Fuzzy, a well known whale, with assistance of some other individuals, most visibly @jphenderson (TheWalrus). The reasons for its existence are well explained in the following posts ..
There is one particular whale who has taken great offense to the existence of Whaleshares .. @fyrstikken. He has posted a video where he describes this effort as another example of REWARDPOOLRAPE! However, it has been reported to STEEMINT that during an interview with @ned, on STEEMSpeak, or immediately following that interview - during which @ned describes the soon to be implemented community-based token system, built on the STEEM Blockchain ... @fyrstikken spoke openly about renting STEEM Power to minnows, so they could enjoy being "Whale for a Day!" Fundamentally, we see no difference between WHALESHARES, which had already come into existence by the time the above interview occurred, and the "idea" that @fyrstikken was describing.
NOTE: Whaleshares has been a subject of discussion for more almost one month, or more, the interview with @ned took place less than one week ago.
Disclaimer: I am a proud member of the50 and plan to make use of Whaleshares as I have concluded that there is no ethical issue.
Preparing to Use WHALESHARES !
Whaleshares will be available for purchase on BITSHARES - 1 whaleshare == a 1% upvote from a participating whale, of which there will be undoubtedly more than a few. With the assistance of a friend I will be testing the process on this post.
@the50 Posted an Interesting Response to This ..