It's official, round 1 of sales for @minnowbuilder2 shares are starting now and will end when this post goes to payout in 7 days. The only change from our highly successful first round of sales for @minnowbuilder is that there is a 3 share minimum due to steemauto not casting all of the votes for our 1 and 2 share holders from the previous sale.
For those that haven't been following along here are a few posts to read:
Minnow Builder Program FAQ - Good Overview that covers enough for most people
Voting Weight, Voting Pools & Account Break Down
The Math of It All
###High Level Overview
Minnow Builder'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. We have created what we believe is the single best win-win for allowing people to give back to the community while still growing their own accounts.
This will be done by selling shares of @minnowbuilder2 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.
Cost Per Share
Price Per Share Owned (includes equal share of account growth): 1 Steem
Price per Share with Delegation: 2 SteemPower
Rules For @minnowbuilder2
Adding an Image with this info as a permanent record.
How to purchase with Steem?
3 Share Minimum due to the way SteemAuto votes...or in this case doesn't cast the votes for smaller sized shareholders. If you can't afford 3 steem send me a message on discord at thedarkhorse #6765
Send at least 3 Steem to @minnowbuilder2 with the memo "I understand and agree to the rules of the @minnowbuilder2 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 @minnowbuilder2 with the following memo:
"I understand and agree to the rules of the @minnowbuilder2 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?
Each share cost 2sp and there is a minimum of a 3 share purchase (6sp). If you aren't sure how to delegate SP please just ask.
Please send .001 steem with the following memo:
"I understand and agree to the rules of the @minnowbuilder2 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 @minnowbuilder2 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.
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 @minnowbuilder2 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. |
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Follow the account to stay informed about updates, bonus votes, and future Selling Rounds!
Thanks for the heads up. Just leaving a comment so I can find my way back here.
I am going to see how many steem I have at the end of the week.
I resteemed for you. I use minnowbuilder and have an existing delegation to it. I am interested in being an investor. I just have to re-read this post about 5 more times though. It looks like quite a process that I have to do to set myself up properly. No criticism intended. I am just having trouble following all of the requirements, but I will give it my best shot.
I guess I need to understand the aspect of the self-voting, with regard to HF20. Does this mean that I should self-vote to gain maximum benefit from this if I delegate SP to obtain shares? Do I need to self-vote after the 15 minute mark to make use of this benefit, or is it better not to self vote and let the votes that are sold by me do the work for curation awards themselves? I read the other posting about the share selling of minnowbooster (version 1) and there is a lot of talk about self-votes.
The self voting part has nothing to do with the actual program, just a comparison. But with the changes, yes you want to wait until the 15 minute mark.
Please ask questions. This helps me tweak future FAQ's and better explain this. It's hard to explain what you fully understand sometimes.
Agreed. So self-voting is not a requirement, it is just an example of what votes can be worth by using your own voting power as the example. Gotcha. Ok, let me get in on this and re-read your directions a few times again. I can at least put 100SP in the bucket or something so that I don't miss out on a good thing.
Also, rather than edit the post and you miss my question, @minnowbuilder2 - I have 0 STEEM right this second because I just powered it all up. I can send a 0.001 memo using SBD, or I can wait for another fraction of STEEM to come my way. Are firm on using STEEM for memos about the "I understand" statement and the delegation amount itself? Or can I send you 0.001 in in SBD as a memo? If so, I can do that and/or you might want to update your post to say that because some people like myself come along and just power up everything that is there in STEEM to help the blockchain and increase my voting power, even if its fractions of pennies.
SBD/steem are the same for the memo, it's just a way to send a message
Ok thanks for clarifying. I will get my delegation going. I now have some minimal steem to use anyways now. When I looked at your wallet earlier, I saw zero SBD in there and thought that is the way you might want it so that you didn't have to mess with conversions of decimal places of SBD to STEEM.
Also, my comment above got a @gentlebot vote. First time for that for me. That's pretty cool.
@gentalbot has been good to me personally (thedarkhorse) over the last few months...they are nice votes. This account just happens to be to new for any SBD earnings.
Ok, sorry for all the zillions of posts to try to get this right. I sent over a delegation note and the delegation itself just now. I plan to generate more STEEM over the next weeks and perhaps will be in better positions to invest more.
This round of sales will be over in a couple weeks, but in 2 weeks round 1 for @minnowbuilder3 will be open. There are a total of 6 accounts for this program and once we fill at least 1000 shares in a level we will move onto the next. Then start back at the first account and sell another 1000 shares. The main difference in the price will be higher each round as the value of each share has increased due to curation and author rewards.
If I bring in some steem to my account to buy some shares on this one it is okay to note power it up right. Even though I am one of the MB1 redfish?
You can buy into this program and help support other redfish and help your account grow even as one of the supported redfish. Long term this will be more profitable then powering up yourself and get you to minnow faster.
Congratulations @minnowbuilder2! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
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STOPGracias por mantenernos informado. Espero, tengas, mucho, exito en la venta de acciones. Compre 3 acciones y, no pude publicar mi comentario. Un abrazo @minnowbuilder2.
"Receive 3.000 STEEM POWER from celinavisaez"
Never had it go straight to SP like that. But your shares are registered and voting will start going forward.