RE: Upvote Shares Level 35/36/37/38 Curation Dividend Payouts & Progress
(Edited)
You are viewing a single comment's thread:
I would like reserve for 3 shares
You are viewing a single comment's thread:
I would like reserve for 3 shares
Hey @happyphoenix,
Existing shareholder for this last level are first in line. In case there are shares left a couple of days after level 39 opens up you will be able to get 3. Once Level 39 is done, it likely will be the final one and the only way to get in is if someone wants out and sells their shares.
As our ... "Fearless Leader" 😉 ... may I suggest, @upvoteshare / @costanza, when you deem it best, to provide some guidance on how these transfers would take place and the value of a share. Maybe written from the perspective of what your personal asking price might be ...
While not suggesting you would actually want to sell any of yours, I just know you have a keen financial mind and would be prudent and fair in coming up with a number.
It would be pretty straightforward. If the project ends, everyone gets the Hive back that they paid for their shares (minus the entry cost which was used to get some delegation), on top of this, they will get their part of the increase in hive power above level 39 based on their shares. To this point, this was done with the curation reward payouts.
Anyone can sell at any time but they need to find a buyer who also qualifies with content that is good enough to get the upvotes. As for the price, it's kind of up to supply and demand even though if there would be no buyers I would be happy to just refund what was put in (minus the exit cost of 0.2 Hive a share) and burn them all.
This is how it is covered in the terms & conditions
So if you ever want or need to sell shares, just give a shout and I'll make a post searching for someone who wants to buy them at a price you both agree upon. Once all 40 levels are out, I will make a complete list with all the shareholders and their shares + the value they have.
I hope that all makes sense :-)
Very good ...
... as this covers it quite thoroughly. 🫡
I had forgotten it existed!