You are viewing a single comment's thread from:

RE: The Comedy Open Mic Contest Round 3 Announcement

in Comedy Open Mic2 years ago

Okay, I get you. Is there more we need to talk about? You would simply get our support from now on in form of upvotes as long as you remember to use the tags to enable this. Then you would share the rewards however you deem fit.

For the vyb tokens, could @thisismylife help you with the powering up and down? I feel I cannot but insist on the philosophy of the powerup philosophy of the token.

Sort:  

May I ask how long is a VYB power-down exactly? I'd say build the stake for a month (?) then initiate a power-down and use the tokens that come back from that powerdown. Rinse, repeat. Maybe leave a bit of the token for curation rewards to build faster and be able to give out more later this year?

Would that work @nevies? I can help him, no problem.

The power down takes a month. Your idea about leaving it for curation is great too. Why don't you guys chose one of these options and let me know?

I mean we can do both, can't we? Once the contest includes the VYB prize, we set a certain amount, so after a few times, we can just power down what's needed and save the rest for a few months, until it's a bit steady to maybe do a bonus prize (we are planning on special editions, so extra tokens from curation would be used for that). It depends a bit on how much is earned from the sponsorship, we won't change the amount of VYB tokens (prize) each round, so if it's a bit more one time, these are curation rewards. Of course, we can review it every few months.

Edit: we discussed and think that a monthly VYB award is best. We will pick one from both rounds each month and give away a special VYB prize.

It's all good, you guys can do whatever you want with the vyb apart from sending it in liquid form, sending should be by powering the receivers account if sending is what you want to do. I hope this doesn't sound so some type of wayey, the rule is there because of the whitepaper, distribution by powering up. Those who receive can then decide if they want to power it down and do whatever they like.

All good?

Yes, all clear!

Okay, thanks everybody, let's have some fun. Over! 🌚

Yes, thanks for the sponsorship!