@upvoteshares is a curation project from @costanza that aims to provide reliable upvotes based on a fair model that has proven to be sustainable and scalable over time. This Project is mainly aimed at Quality Bloggers with a long-term mindset. The model mechanics are better explained here.
Level 39
Level 39 was opened just a couple weeks back and it managed to sell out getting the project to a point where 40 Levels have been completed with 2000 Shares in total. The idea from this point on is that no more shares will be created and the only way to enter is to buy shares from someone who wants to exit. All Hive Power above 12465 HP is now also added to the owned share value. Right now with the account at 13715HP, this equals 1250 HP divided by 2000 or 0.625 Hive for each share which will go up over time. In case the project would ever come to and end, everyone would get back what they paid for their shares along with the value increase at that point. As long as the project continues, there will be no power downs.
100 Extra Shares burned
Recently @roleerob who has been a big supporter of this project since the start asked to put his shares for sale as he wants to leave the platform. (Read about it in his Latest Post Link). Instead, to further increase the value of all shareholders I just bought back all his shares (379.22 Hive) - the exit cost (-19.8 Hive) + the value increase (+60.192 Hive) rounding that up to 416 Hive and burned all those shares.
I also got a delegation for level 39 (260 Hive for a period of 30 weeks) and 3x 500 Hive for 15 weeks of previous completed/burned levels
I also added all the sponsorships to the @minnowshares account and will leave those upvotes running for 15 weeks. After that I will delegate all Hive Power of that account to the @upvoteshares account.
I continue to slowly add some more tribe tokens, even though most are not that much. Every bit provides some added value to shareholders that are active in these tribes.
Next The project is pretty much complete at this point in time and fully ready for the bull market rewarding everyone that is here for the long run. The only real thing I have left to do is to make a full overview of all shareholders. Knowing myself, this might take a while since the project can pretty much run on it's own. If anyone wants to buy shares feel free to give me a shout so I can put you on a waiting list. In case someone wants to sell their shares also just give me a shoult and I will get it done!
Thanks everyone for the support and the patience. As always feel free to leave remarks, suggestions or questions in the comments and let me know if I made a mistake somewhere not adjusting your voting % properly.
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