WhaleShares are tokens that can be turned in for upvotes on your posts from the whale @officialfuzzy. But even more important, WhaleShares is a community that provides great support and encouragement to new Steemians. The community offers many events and contests that help you increasing your visibility and post payouts on Steemit.
WhaleShares is evolving. It will be getting it's own blockchain and platform! For each WhaleShare held, you will receive 8.4 of the native token at launch.
You will need a BitShares account to receive, hold, and send WhaleShare tokens. You can create a BitShares account at any of the exchanges. It is recommend to use the RuDEX Exchange to create an account. Once you create an account, you can use any of the exchanges.
You can earn WHALESHARE token by attending community events and entering sponsored contests.
You can buy and sell whaleshares on the bitshares exchange. Please note that most whaleshares traded here are being sold by those who have won or earned them.
Find out more by joining the WhaleShares Discord channel. You can often find someone in the Discord channel that will help get you started with a few Whaleshares if you introduce yourself and say you are new.
A WhaleShares vote value is dependant on the voting power of the @officialfuzzy account.
You can get the realtime value by using WhaleBoT on the WhaleShares Discord channel
whalebot vp officialfuzzy xxx%
Where xxx is the percentage of vote you will use.
WhaleBot will return VotePower, VoteWeight, & BandWidth Remember, each WhaleShare token is worth a 1% vote. If you send 50 WhaleShares you will get a 50% vote. DO NOT send more than 100 WhaleShares to a given post, 100% vote is the maximum.
There are similar tokens that can be used with other whales. Use the table below for SEND TO addresses for other tokens. Process is exactly the same as for WhaleShares and the tutorials on this site apply.
|Token||Whale||Send To||Vote Value|
The major well known exchanges such as Coinbase, Bittrex, Kraken, are centralized exchanges which manage your personal capital and keys to facilitate trading. This posses a big security risk to you. If you don't control your private keys, you don't control your investments.
Decentalized exchanges (DEX) facilitate trading on a distributed ledger and leave the control in your hands. With a distributed ledger, you hold your keys and can switch between any of the exchanges at any time.
For additional details please take a look at this article.
In basic terms, the account model is more convenient and less secure, while the wallet model is less convenient and more secure. It is quicker to start with the account model and you can migrate to the wallet model once you are familiar with BitShares.
For additional details please take a look at this excellent post.
Check out the current trading price for WhaleShares on the EasyDex.
Check out the current trading price for WhaleShares on the OpenLedger DEX.
Check out the current trading price for WhaleShares on RuDEX.
Log into your favorite DEX (see steps above) and navigate to your account assets.
Feel free to reach out to me on the WhaleShares Discord channel at @bushkill#6791 and suggest it be added.
Feel free to reach out to me on the WhaleShares Discord channel at @bushkill#6791