Post
Topic
Board Bounties (Altcoins)
Re: Play The 1000 Idea Emercoin Contest and win EMC (with 5000 EMC prize pool)
by
starsnshamrocks
on 19/06/2016, 21:14:30 UTC
I was not involved in the 1000 Idea Emercoin Contest, but wish that it was still running. In my opinion, it's a wonderful idea and it should never really close.

I have sent a small personal donation to starsnshamrocks for his ideas, as they were my favorite. TETRIS is very loved and as EMC has Russian roots, many people will easily make a connection between EMC, TETRIS, and Blockchain. I thought it's a genius promotion idea to involve TETRIS somehow in an EMC promotion in future!

Sponsorship of the XXL tetris on a huge building



Contact these students from the Kiel University in Germany and ask to be a sponsor for their mega sized tetris on a huge building.

Cool. Many thanks Fixx! That is a nice feedback for the offered ideas.

But is the full 5000 EMC price pool being totally payed out?


...

The contest judges are picked by the Fund and comments and feedback will be published along with references to the transactions which contained the prizes.
 
Prizes:
 
5000 EMC – Total prize pool

...
 
The prize pool will be distributed regardless of the number of ideas received. Example: If we receive 10 ideas total then each submitted idea will receive 500 EMC


The 1000 idea contest seems to have been very successful in generating ideas, and I also hope that Fixx will honor what was stipulated in the Contest Description. I know they are very busy working on http://www.blockchainengine.org/ so perhaps it will just take some time to process all the great ideas.


That is very kind of you Emerger. Many thanks! I appreciate this a lot.


I am sure Fixx and the team are very busy but by now I would expect at least a signal that soon the contest ideas are valued as promoted.

Fixx  I know this is surely a time consuming task but by now plenty of weeks have passed - please be so kind to give a feedback.




Contest Description
 

 
Prizes:
 
5000 EMC – Total prize pool

500 EMC – Prize for ideas which have been accepted for execution (the prize is paid out the moment the decision to execute the idea is made by the committee. Decisions to execute on ideas may take place during or right after the content closes)

50 EMC – Prize for an idea judged as potentially interesting for future implementation (the prize is paid when the contest closes, please don't forget to include your wallet addresses)

10 EMC – Prize for an idea that shows the contestants "best effort"  (the prize is paid when the contest closes, please don't forget to include your wallet addresses).

10 EMC – Incentive prize, paid for placing a link to this very content thread in your group, blog, forum, facebook, twitter or anywhere else that will be seen in the cryptosphere. Paid once for each linked resource, assuming the referrer proposes at least one relevant idea (as determined by the committee). The more you share and promote the contest itself, the more EMC you earn!

 
The prize pool will be distributed regardless of the number of ideas received. Example: If we receive 10 ideas total then each submitted idea will receive 500 EMC



So promoted was a pool of 5000 Emercoins which is going to be distributed regardless of the number of ideas received. The example was given "If we receive 10 ideas total then each submitted idea will receive 500 EMC"

In the following lines I am listing the payouts that have been made from this pool. I just quickly went over the posts. So errors are possible.

In sum EMC 450 have been payed out. Means 4550 EMC are still to be payed out according to the contest rules.

Here is the list of participants and what they have been payed out (also in percentage of the made payouts).

Note: In the below calculations a comma is used as a decimal separator.


USER    RECEIVED EMC /IN PERCENT
sandiman   10/   2,22%
dtpcoins   10/   2,22%
foxkyu   30/   6,67%
namjar    10/   2,22%
msaidm1908   10/   2,22%
starsnshamrocks   110/   24,44%
bioly   20/   4,44%
nara1892   10/   2,22%
excwordalt   50/   11,11%
cryptospreader   40/   8,89%
m4nki   50/   11,11%
piebeyb   10/   2,22%
bitpotter   10/   2,22%
rendravolt   10/   2,22%
Valermos   10/   2,22%
creativeeditors   10/   2,22%
Ris88    10/   2,22%
Giebaymax   10/   2,22%
affandi   10/   2,22%
tazmantasik   10/   2,22%
mammon   10/   2,22%

SUM EMC/   450   100%

_________________________________________

Instead 5000 EMC so far only 9 % of the pool was distributed.

So by just applying the easiest distribution rule of the contest each contributor to the contest should receive 11 times (exactly 11,11111111 = 5000 EMC/450 EMC) of what has been payed out already.

Simplest distribution:

The prize pool will be distributed regardless of the number of ideas received. Example: If we receive 10 ideas total then each submitted idea will receive 500 EMC


Applied multiplicator should be:

5000/450 =
11,11111111

That would mean that the contestants should in total receive the below target amount.  

USER    RECEIVED EMC /    TARGET EMC
sandiman   10/   111,1111111
dtpcoins   10/   111,1111111
foxkyu   30/   333,3333333
namjar    10/   111,1111111
msaidm1908   10/   111,1111111
starsnshamrocks   110/   1222,222222
bioly   20/   222,2222222
nara1892   10/   111,1111111
excwordalt   50/   555,5555556
cryptospreader   40/   444,4444444
m4nki   50/   555,5555556
piebeyb   10/   111,1111111
bitpotter   10/   111,1111111
rendravolt   10/   111,1111111
Valermos   10/   111,1111111
creativeeditors   10/   111,1111111
Ris88    10/   111,1111111
Giebaymax   10/   111,1111111
affandi   10/   111,1111111
tazmantasik   10/   111,1111111
mammon   10/   111,1111111

SUM EMC    450/   5000

As payments have been made out the below states the difference between target and received payments.

  
USER    "Missing" EMC (Target - Received)
sandiman   101,1111111
dtpcoins   101,1111111
foxkyu   303,3333333
namjar    101,1111111
msaidm1908   101,1111111
starsnshamrocks   1112,222222
bioly   202,2222222
nara1892   101,1111111
excwordalt   505,5555556
cryptospreader   404,4444444
m4nki   505,5555556
piebeyb   101,1111111
bitpotter   101,1111111
rendravolt   101,1111111
Valermos   101,1111111
creativeeditors   101,1111111
Ris88   101,1111111
Giebaymax   101,1111111
affandi   101,1111111
tazmantasik   101,1111111
mammon   101,1111111

SUM EMC    4550


So this shows that not just a small percentage of the pool has been used yet (9 %) it also shows that each contestant should have an interest in a proper distribution of the 5000 EMC contest price pool.

I hope Fixx or someone from the team gets back to me/us. I spent hours gathering ideas and writing them down here and so did others. Therefore the contest should be handled as promoted. But I am confident that will be the case.

Many thanks in advance & best regards!