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RE: CONTEST 3.46: What does CCC mean to you?
Hey,
Thank you for all your help, @wakeupkitty - admin of #ccc - @team-ccc!
I see that this is quite a chore getting people to read the rules and to follow them.
You'll have earned 1/2 of the accumulated rewards in this @team-ccc account and are authorized to select winners from here on out till Christmas in manners similar to what I have been formulating:
How Rewards pool will be distributed:
- "1/2 or 50% of what the post earned based on the payout" is shared by those who submitted a valid entry
- the "other 1/2 or 50% of what the post earned based on the payout" is shared by those who's entry is drawn (currently up to 6 winners-persons will win - once a person wins, all his/her entries will not be in the following drawings)
- All other earnings will be shared as bonus for other incentives that is to grow the #ccc community and increase meaningful engagements. The entry that is drawn to win will only get the bonus IF an invited person participated AND acknowledged the invitation.
- There will be 7 winners drawn.
The rewards will be based on the first 7 Fibonacci numbers:1, 1, 2, 3, 5, 8, and 13.
The sum is 33 = 1 + 1 + 2 + 3 + 5 + 8 + 13
- Top/1st Prize gets 13/33; 2nd prize gets 8/33; and so on.
- 1/33 is approximately 3% hence 3%, 3%, 6%, 9%, 15%, 24%, and 39% (I'll round up to: 3%, 3%, 6%,9%10%, 15%,24%25%, and39%40%) are the prized from the drawing for winners rewards pool (note: This adds up to 102% but the extra 2% will come from me and not from the rewards pool).
- If the author of the winning entry has invited and was accepted and acknowledged the invitation, a proportional bonus will be shared 25%/75% (winning author).
Fibonacci number - Wikipediahttps://en.wikipedia.org › wiki › Fibonacci_number
A tiling with squares whose side lengths are successive Fibonacci numbers: 1, 1, 2, 3, 5, 8, 13 and 21. In mathematics, the Fibonacci numbers, commonly denoted ...
I am not the Adm of @team-ccc more like the postman. I prefer more SP for hive-166850 to give better upvotes so I work on that now (plus my account to give more valuable upvotes).
To some it's hard to follow all rules it was the same with me as I just started. Not adding the CCC invitation underneath is the #1. So is the lack of participation (reading, commenting, upvoting) and the 200+ words. If hosts do not correct and make those who don't follow the rules even win there's no need to follow them or?
Summer/vacations will be there and I doubt the amount of participants will increase. Most participants go for the fast money, not perhaps winning a high amount on the long term. They are spenders not investors.
I save your way of rewarding and see if it works out for me.