Hogwarts = Magic = Steemit
Lets accept it, to newbies the workings of Steemit seems a bit like Magic. If i were to say that Steemit is our version of Hogwarts then it be safe to assume that the founder of WhaleShare - @officialfuzzy is our Dumbledore :D
Professor Dumbledore famously said
Help will always be given at Hogwarts to those who ask for it
This is where the Whaleshares project comes in
Whaleshares is an innovative way of of bringing together the bigfishes to empower and reward the small fishes a.k.a. minnows a.k.a You and I.
It's more of collaboration between the Whales and Minnows.
Meaning you will ask for help from the whales and help will whale be give to you.
Lets Get Real
Look, getting discovered on steemit is pretty hard. Most of our posts are undervalued or even worse - undiscovered.
Until and unless some whale miraculously discovers and up-votes your content chances are you are only going to make a few pennies on it.
God help you if you are verbally and grammatically challenged like ME.
To ease our pain WhaleShare enables the USER to go out and discover Whales!! You can up-vote whales to show your support and in return they will up-vote your posts.
To Summarize
- WhaleShares is one of the best and easiest ways to get out of the abyss.
- Whaleshares is the light at the end of the crypto tunnel.
- WhaleShares is the red pill AND the blue pill.
- WhaleShares is awesome.
But how does it actually work you ask ?
EASYY
- Step 1
They organize contests every week. The first one being the logo design contest.
And the second one is the reason why you are reading this post written by me.
Simply go on to the links given below and give it your best shot.
There are multiple reward catagories as high as 2000 WhaleShares tokens.
Logo Design Contest
Writing Contest
- Step 2
You will need to make a BitShare Dex account and then go to http://whaleshares.net/
Here you can upvote a Whale !! using your whaleshare tokens, the whale that you just upvoted will then upvote YOUR post and increase you payout.
Well..
I should say you should talk about whaleshares being a meta token, we expect to be available for purchase soon for purchase.
Damn, definitely overlooked one of the more important points.
I know that they are currently only hosting competitions and that tokens will be available soon. But could clarify by what a MetaToken is ?
Thanks in advance !!
The prefix meta implies that it is behind o even inside token.
It is my understainding that meta tokens are made by burning (or destruying) another coin, which backups the value or the newly created token, and this is called proof-of-burn. I assume whaleshares are made by burning steems (or perhaps bitshares[?]), haven't asked.
Nope. Dont need to burn steem when u can power it up to make the whale you summon stronger... ;)
i wonder if we are talking about the same thing.. I am talking about how meta tokens are made. A quick search:
https://coincenter.org/entry/what-are-forks-alt-coins-meta-coins-and-sidechains
*"In order to create the initial meta-tokens (XCP) that would travel on the Counterparty protocol atop the bitcoin blockchain, the protocol’s developers did something interesting: they enabled any existing bitcoin user to obtain XCP by provably “burning” or destroying some amount of bitcoin, this is referred to as a proof-of-burn. The purpose of this setup was to create a fair initial distribution of XCP tokens, and avoid a situation where Counterparty developers (by selling XCP) would be enriched—perhaps unfairly—before the platform bore any real fruit."*