It's official, round 1 of sales for @minnowbuilder shares are starting now and will end when this post goes to payout in 7 days.
For those that haven't been following along here are a few posts to read:
Laying Out The Plan
Voting Weight, Voting Pools & Account Break Down
The Math of It All
High Level Overview
@minnowbuilder's main mission is to help create minnows and offer the opportunity for the community to help support steemians who are producing quality original content.
This will be done by selling share of @minnowbuilder and splitting the total voting power into 2 voting pools. One pool is designed to reward those who are supporting the project and will provide daily upvotes that are equal to 5x what a single self vote would be worth for the same amount of Steem being powered up and used in your account.
The second pool is for the Minnow Building Program and will provide daily upvotes to those who are selected until they reach minnow status. The size of this vote will greatly depend on the number of share we sell.
Numbers for Shareholders
Price Per Share Owned (includes equal share of account growth): 1 Steem
Price per Share with Delegation: 2 SteemPower
Expected daily upvote per share as of now: 0.0002555 (This changes with the price of steem as all votes do)
Rules For @minnowbuilder
Adding an Image with this info as a permanent record.
How to purchase with Steem?
Send at least 1 Steem to @minnowbuilder with the memo "I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares"
Make sure to replace the XXX with the number of share you are purchasing.
If you would like to purchase shares for someone else please send steem to @minnowbuilder with the following memo:
"I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares for @accountname and that gifted shares are now owned by @accountname"
To be very clear the person who you buy the shares for can withdraw their shares just like anyone else as they are the owner of the share.
How to purchase with Delegation?
Please send .001 steem with the following memo:
"I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares and have sent a delegation of XXX SP for the purchase"
Make sure to replace the XXX with the number of share you are purchasing and SP sent. Remember it's 1 Share per 2sp Delegated.
To purchase shares for someone else by delegating SP please send this memo:
"I understand and agree to the rules of the @minnowbuilder program and want to purchase XXX Shares for @accountname and have sent a delegation of XXX SP for the purchase."
By purchasing shares with Delegation you will remain in control of your steempower and you make all decisions about the shares you are allowing someone else to benefit from. This would be the best way to help someone short term and keep control. If you need to change names of who you are sponsoring message me on Discord @thedarkhorse #6765.
Added value for round 1 buyers
The account has 232.37 SP and only 218 Shares purchased plus there is 4.591 SP & 4.591 STEEM in pending author rewards before this post.
Ongoing Added Value
This account also currently has 79 SBI shares which will provide ongoing upvotes to this accounts posts. As these earning will increase the SP of the account this will help increase the total vote value per share.
BETA
Yes this is in Beta form and changes may happen or if this ends up taking over my life the program might come to an end one day. If at any time we make significant changes to the program you may request to liquidate your shares without any transaction fees. If we end the program all steem will be returned including increased account value. These may take a 13 week time frame for the powerdown and if required all benefits will stay active during that time frame.
Not Required, but Smart
While it's not required it will be highly advantageous to upvote the posts of @minnowbuilder and increase the rewards of the posts. As this account grows so does it's total vote adding value to not only shareholders, but also the Minnow Builder Portion of this program.
Please help us gain more exposure and resteem this post. We are trying to grow this program purely grass roots and avoid paying to promote.
| Follow the account to stay informed about updates, bonus votes, and future Selling Rounds! |
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