Upvote Shares Level 6 Available...

@upvoteshares is a project from @costanza that aims to provide Daily Upvotes based on a fair model that should be sustainable and scalable over time. This Project is mainly aimed towards Steemians with a longer term mindset.

If you are not fully up to date with this project, I highly recommend reading all the details in the Terms and & Conditions !

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The account has reached 1371SP unlocking level 6 (See Table) after level 5 got sold out about a 20 days ago. This means 50 new shares from the @upvoteshares account that spreads out daily upvotes become available. 46 of those shares Shares have been reserved. Reservations are non-committal, so it is still possible some more level 6 shares can become available, It's also always possible to reserve a spot for level 7 already or have some shares automatically reserved for each level like some do.

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-	50	Available Shares
Share Price	3.560 STEEM	Can be recovered at any given time by selling the share on the market, but comes with a 0.200 STEEM exit cost which benefits all other shareholders.
Share Entry Cost	0.300 STEEM	Will be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship.
Total	3.860 STEEM	The total Steem for 1 Share

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LEVEL 6 RESERVATIONS

Account	Reservation	STEEM
@o07	10 Shares	38.6 STEEM
@roleerob	10 Shares	38.6 STEEM
@angelacs	5 Shares	19.3 STEEM
@costanza	5 Shares	19.3 STEEM
@minnowshares	5 Shares	19.3 STEEM
@jlordc	2 Shares	7.72 STEEM
@braaiboy	2 Shares	7.72 STEEM
@macoolette	2 Shares	7.72 STEEM
@craigcryptoking	2 Shares	7.72 STEEM
@byebyehamburgers	1 Share	3.86 STEEM
@cicisaja	1 Share	3.86 STEEM
@balticbadger	1 Share	3.86 STEEM

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The ones who have a reservation can send the required steem to the @upvoteshares account with the memo

Payment "x" Shares Level 6 , I understand how this project works and agree with all terms and conditions (https://steemit.com/steemit/@upvoteshares/upvote-shares-or-terms-and-conditions)

(change "x" to your amount of shares)

I will confirm when your shares have succesfully been assigend in the comments below where you can also let me know who you want to give your sponsorships to. In case you don't have the Steem directly available confirm your resrvation in the comments and send it later on (before 21/11/2018). If you don't want to take up your reservations also let me know if possible so they can be taken up by others. Voting Powers will be adjusted on Monday.

Level 6 Schedule
Friday 09/11/2018 : Level 6 Available
Sunday 11/11/2018: Level 6 Reservations Expire
Monday 12/11/2018 : Level 6 Closes Down
Wednesday 21/11/2018: Minnowshare Sponsorship Deadline

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1 Daily upvote from the @upvoteshares Account	This for as long as this project runs. (the 3.560 STEEM Share Price can be claimed back in case the project ever ends!)
1 @minnowshares Sponsorship Giveaway	Can be Sponsored to someone by choice or be given away by hosting a Contest. Only accounts with <750SP or that have been sponsored between 1 and 6 Minnow shares in the past qualify to be sponsored a Minnow Share (See Current Minnowshares Count).

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At any given time, the amount of SP in the account will at least be 10% higher compared to the current share price based on the amount of shares. [ Example Level 6 Price = 3.560 STEEM | Minimum Powered Up SP in Account = (3.56 STEEM x 350 SHARES)x1.1 = 1371 SP ]

Each share represents an equal daily voting % from the account that can be calculated. For Level 6 this is 1000% / 350 Shares = 2.85% Upvote. Based on current Steem Price this is a ~0.00193$ upvote. (To calculate accurately do SP x1000 and Upvote /1000 see image )

This is the Minimum Guaranteed number in case every single share is active and all daily upvotes are used without counting any of the value creating mechanisms the project offers. The minimum value goes up each time a new level is reached because shares will always become more expensive as the account grows and extra SP is being added each new level. Those who got in on previous levels paid less for each share and have increased their minimum return a bit (see numbers).

There are currently still more than 50+ inactive shares out of the 350 shares that will be in circulation after level 6 is complete and they don't count towards the upvote % distribution. Many of the shareholders from previous levels don't make daily posts which allows for an increased overall voting percentage to ~1300% or above. Each Level is pre-funded which means most of the SP from Level 7 will already be in the account to increase the upvote value. Leased SP from Level 3 , 4 and 5 are all still active and this will be increased by buying extra 90 day delegation from all the 0.300 STEEM entry costs that came with the Level 6 Shares. The @upvoteshares account has some savings to maintain the pace of moving to a the next level in the future for when it gets harder. This SP is powered up on the minnowshares account and leased to the upvoteshares account to give a bit extra value to shareholders (30SP). The 90 days lease ( 176SP) from Level 3 will come to an end soon (20/11/2018).

All this brings the expected upvote for each Share at...
1300% / 290 = ~4.5% from the @upvoteshares account that will have ~2500SP in it.
This currently makes the upvote for 1 share worth ~0.00585$. (5%)
(The ~5% vote for each share might increase or decrease depending on how the total Voting Power holds up but will always stay above the minimum promised Percentage. Level 5 Upvotes were expected at 6% but ended up at 7.4% !)

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While the upvotes themselves might not be spectacular because the bear market Steem Price, it is important to know that they are realistic and sustainable. One of the main ideas is that each share beats a 10x self-upvote that can be done with the amount of Steem it represents. If steem goes back up the upvote $ amounts will increase along with that.

Daily Upvote	Before Curation	After Curation
3.56 SP (10x Self Upvote)	~0.00166$	~0.00166$
1 Upvote Share Minimum	~0.00193$	~0.00154$
1 Upvote Share Expected	~0.00585$	~0.00468$

Calculations were done using The Steemit Upvote Calculator

It is important always to focus on the minimum upvote and see everything on top as something extra that will likely decrease over time. Upvotes will be set at minute 12 which will take ~20% curation rewards, while this does not beat the 10x self upvote at the bare minimum levels, it will over time since the value of each share always increases. [ see table ]

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1. Every Upvote Share comes with 1 Minnow Share that can be sponsored. The ones that get sponsored get on the auto-upvote list from the @minnowshares account until the next level is reached. Everyone who manages to get sponsored 6 Minnow Shares over time can claim 1 Upvote Share. (There were 50 reserved in level 0). There will be a week day delay for Minnow Shares to start spreading out upvotes so everyone has enough time to choose who they want to sponsor or organise a contest.

2. The account of every Shareholder will be followed by the @upvoteshares account, this will help to increase the followers_mvest needed to get / increase busy.org | busy.pay upvotes and also helps to boost your @steem-ua score.

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It is possible to Sponsor 1 or more Upvote Shares to someone else. In this case the Steem remains owned by the one who made the sponsorship and will be returned to them in case the project ever ends. Only when the account that got sponsored agrees can the share be sold on the market by the account that gave out the sponsorship. The Minnow Share Sponsorship that comes along with each share can also be sponsored by the person who Sponsored the Upvote Share but can not go to the same account.

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Previous Levels Information

Level	Post	Spreadsheet
0	Level 0 (100% Complete)	Link
1	Level 1 (100% Complete)	Link
2	Level 2 (100% Complete)	Link
3	Level 3 (100% Complete)	Link
4	Level 4 (100% Complete)	Link
5	Level 5 (100% Complete)	Link

Spreadsheet Updates

Both @beat-the-bookies and @adelair reached 6 Sponsorships and will be assigned their Free Upvote Share (paid for by the program) during the next week. Congrats !

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There are currently only 4 shares left for this Level that can be requested in the comments. It is always possible to reserve shares for the next level or have an auto-reservation of one or more shares for each new level.

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List of All Shareholders

x	Account	Shares
-	@minnowshares	46
-	Future Giveaways	13
-	Burned Shares	2
1	@costanza	33
2	@trincowski	18
3	@stimp1024	14
4	@fullcoverbetting	12
5	@jlordc	11
6	@andrewharland	11
7	@roleerob	10
8	@angelacs	10
9	@doughtaker	10
10	@thedarkhorse	9
11	@byebyehamburgers	9
12	@simplymike	7
13	@pifc	5
14	@newageinv	5
15	@barbadosso	5
16	@beat-the-bookies	5
17	@maarnio	4
18	@erikklok	4
19	@shookriya	4
20	@blanchy	3
21	@abh12345	3
22	@lawlees	3
23	@tryskele	3
24	@lynncoyle1	3
25	@plantstoplanks	2
26	@wolfhart	2
27	@mermaidvampire	2
28	@acidyo	2
29	@nanzo-scoop	2
30	@acelad	2
31	@jznsamuel	2
32	@cicisaja	2
33	@balticbadger	2
34	@bashadow	2
35	@fitat40	1
36	@lenasveganliving	1
37	@woman-onthe-wing	1
38	@steevc	1
39	@slobberchops	1
40	@numpypython	1
41	@fulltimegeek	1
42	@themanwithnoname	1
43	@rishi556	1
44	@o07	1
45	@lovetaxi005	1
46	@bengy	1
47	@veryspider	1
48	@eoj	1
49	@crypto-econom1st	1
50	@mmunited	1
51	@keegzhawkins	1
52	@adelair	1
-	-	300

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That's it, I will do what iI can to make the transition to level 6 go as smooth as possible..

Feel free to scrutinise this project along with the numbers and let me know if something doesn't add up, or if I made a mistake somewhere. All the earnings from this post will be used to grow the account which benefits all shareholders and helps to reach the next level! Thanks