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     7 years ago 

    The fact that you do not know is that Ned loved the idea of community tokens like whaleshares. Whaleshares are not only used for voting, but also for rewarding members and funding different projects. Now you will say that fuzzy can reward with steem or sbd also, then why these tokens (whaleshares). The reason being that the tokens allow fuzzy to reward and fund projects without having to power down his SP, which you might be knowing is very essential for the Steemit but very risky for the holders.
    Now I would also like to clear about bot upvotes.

    1. These tokens are not SOLD by fuzzy. They are rewarded to the members like me and you via different contests and projects.
    2. You can not send money in any form to fuzzy to get these tokens.
    3. The only place where you can buy or sell these tokens is on Bitshares. And there also fuzzy doesn't sell them, but rather people like us, who have extra tokens to spare for sale.
    4. You will ALWAYS find the price of these tokens HIGHER than the vote reward they can give. So if 1 token gets you a vote of $1, then probably it would be selling at $1.5 in the market by the members. This means you won't be buying tokens to upvote your spam post. You would want to buy these tokens only for your good posts, which can get more votes from the Steemit members only if it is good enough. So this pretty much solves the problem of spam posts being autovoted by Fuzzy. No sane person will use these tokens to vote their spam post, because it will be a complete LOSS.
      I hope this clears your doubts regarding this project. Fuzzy don't sell these tokens and ANYONE can participate in his contests and projects to WIN the whaleshares. Like this very contest where you have made the post. I would like to invite you the whaleshares discord server, where you can actually know what the whaleshares project is about. It is not on the lines of randowhale or minnowbooster or anything like that.
      Hope this info helps you! :)
    $0.12
    • Past Payouts $0.12, 0.00 TRX
    • - Author $0.09, 0.00 TRX
    • - Curators $0.03, 0.00 TRX
    1 vote
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    [-]
     7 years ago 

    Thank you. Very good info

    [-]
     7 years ago 

    My pleasure! :)

    $0.12
    • Past Payouts $0.12, 0.00 TRX
    • - Author $0.09, 0.00 TRX
    • - Curators $0.03, 0.00 TRX
    1 vote
    Reply