It is time for another resume of how this project is doing and where we are headed. Let me start of by thanking all the participants, it has been a real pleasure playing with you so far. Even though we are currently rather stagnant with the number of players, I am proud to have around 15 people playing everyday, I hope you had fun so far as well.
POB>LEO
Let me address it right off the bat: The Not-a-Lottery is making a lot more money from Proof of Brain Tokens compared to LEO Tokens right now. I have thought about swapping the whole thing to POB or at least give some POB back as prize money and while I want to hear your feedback on this, I am still pretty certain that I just want to keep things the same.
Price prediction is clearly a field of finance that is my first reason to keep it Leo-based. I also think the LEO price has been a really great subject to bet on, sometimes very jumpy, sometimes rather stable, not easy to predict by any means. Our artwork also would not fit anymore.
You could make a point about at least giving POB back as a prize, but I want to keep it clean and simple and I really like to have the prize in one currency. On a side note, the winner also gets a 100%-upvote from my main account @thatgermandude, where I have 900 POB staked, which results in almost a 2 POB upvote.
I still dont like the argument that I upvote with staked POB to just take it out of the Not-a-Lottery, so I will always look to pay for it in LEO, even though it is a bad timing to convert LEO to POB or hive in my opinion. To be clear I keep around 20-30% of the POB or the hive I get for them for me, similar to the HIVE and LEO rewards I get for the Not-a-Lottery posts.
CUB Investment
So what do with all the money in the prize pool? Invest it and raise the daily prize given out! I am not sure how long we can sustain 4 LEO per day, I may have to scale back soon on that, but I also bough us 6 new CUB. Additionally I have 0.664 CUB in my Meta Wallet that got harvested as soon I staked the 6, weird how that worked.
I hope you are d'accord with my decisions. Feedback is welcome!
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Je suis tres d'accord avec ta decision mon ami :P
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I prefer LEO although POB is fine and is a bit new. What I don't know how to do is go read to BSC to get CUB. I think that if there were more than one winner the contest would have more participants. Consolation Awards.
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I think you need to use the bLEO wrapper which I tried today and had some explosive BNB cost for wrapping. Not sure what happened there but I went the way to just buy some BNB on Binance and then converted it into CUB.
I have heard the suggestion before and maybe some day in the future I might give out something for second or even third, but as long as the prize pool is rather small I think it is better to just have one winner.
Thanks for the feedback !LUV
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I agree keep it simple , invest the POB. Also the art work is to cool to mess with ;)
True :), thanks for the feedback
I think its fine to re-invest your PoB to grow the pool. I am glad that everything is sustainable and you never know when prices so change.
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I agree with you. I prefer to keep things as they are. Works just fine so why mess with it? 😊
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My thoughts exactly, thanks for the feedback.
Does this mean the end of the daily competition?
Also good for you that you get POB shares, it's always extra compensation for your efforts.
What if we created a competition where users could write an article on a given topic and the best entries would be rewarded with LEO tokens and POB? What do you think? All in all a cool thing, if you want we can explore this topic talking on discord. Let me know what you think about it.
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No you misunderstood. I am just giving you guys a heads-up on how things are currently going. The funds invested into CUB are still meant to be given away in the Not-a-Lottery as a sort of buffer.
Thanks, but I am good with the Not-a-Lottery and I dont really wanna do a daily contest where I would actually have to invest thought and effort xD. But why dont you do it? It sounds like a good plan, but it would be very hard to do daily imo.
Ohhh, now I see, sorry.
I was thinking more about some weekly competitions to somehow get the community more involved on a particular topic. I have organized such things many times before, I will think about it.
Yep. Invest the POB and grow your curation. Keep the LEO flowing!
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