Post
Topic
Board Bounties (Altcoins)
Re: Play The 1000 Idea Emercoin Contest and win EMC (with 5000 EMC prize pool)
by
piebeyb
on 19/06/2016, 21:51:38 UTC

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

yeah i think this needs to be explained properly about the actual distribution, we already have 1 to 2 months, I think it needs further information about this