hi there! it's just a joint savings account. We all deposit into this account for the purpose of the next Alliance Block Party (ask @enginewitty about it!) Do you HAVE to go to the party to use this fund? nope!!!
But the $5 bonus drawings I do every week - ONLY can be redeemed by people who attend the party.
Next year when the party comes around - we will all withdraw whatever steem we have saved to attend that party!
If you choose to JUST use this as a savings account - that's cool too! You can withdraw the savings that you have deposited at the same time as us. Everything you have deposited will be returned to you.
So then... what's the benefit of saving here you might ask?
Well - 1. its fun to do things together hehehe but even better 2. everyone who has deposited money in here gets an autovote form the account.
Yep - right now - everyone who has deposited even 10 steem is getting a 100% upvote from the account. The account is currently at about 1500 steem power. and growing!
We get ten 100% upvotes daily to use. so - that means each person gets one. When we start getting more people (over 10) then we will just adjust the votes so that everyone gets an autovote comparable to the % of money they have put into the account.
As you can see from the report - I tally that too!
As I said - right now - everyone is getting 100% upvotes because we have them to give! But if we start to have lots of people saving -then i'll just adjust the vote accordingly :)
thanks for dropping by! :)