Post
Topic
Board Tokens (Altcoins)
Re: WINGS ★ Where DAO Unicorns Are Born! ★ Token launched!
by
foodstamps
on 14/03/2018, 08:32:44 UTC
Looking at the rewards claimed so far from QVOLTA, took me an hour to come up with this lol

https://etherscan.io/address/0x627e41794c171d51e9f3def30df33c07e6ff4b54#tokentxns

and then comparing to the forecasts made on wings.ai by searching for the addresses which claimed rewards, here is what I have came up with so far... any reward under 1000QVT i didnt spend the time to look at.

forecasted QVOLTA woud raise:   wings locked in forecast:   QVT Rewarded   USD Price
3500 ETH                                    300                                   5763                    $2,189
3500 ETH                                   2506                                   40343            $15,330
3000 ETH                                   222,222                           83,768            $31,831
5000 ETH                                   25,346                           9,988            $3,795
2950 ETH                                   3408                                   1,275            $484

Most people were too far off to get a reward. For those that did, they were pretty fantastic!

For those who are not aware, how it works, you stake your wings, and forecast how much an project will be able to raise, each project pays to be evaluated, if your forecast is good, you get paid and keep your wings.

If your forecast is bad, you get little to no rewards, but you keep your wings, and can use them to forecast on the next evaluation, and the next, and the next. but, you don't ever lose Wings for being wrong Smiley

I believe that for the project Qvolta correctly forecasters were awarded awards. Indeed, most forecasters were very far from the correct forecast.
I wait for the next awards.
I agree with you, but I think in the very first payments the formula was slightly better than now.
By the way, for which project will the next payment?
I think the formula was similar. Just in the first payments, many forecasters predicted quite accurately. And in the latest forecasts, most were wrong.
I do not know what forecast the next award will be, but the developers promised this week.

Unfortunately the reward formula is a lot different than before.. Now only the people that forecast rrally near earn a lot, and all other people earn zero. I really don't like this formula cause everyone pays for gas and spend time for forecast.
I stopped to forecast and now i m only waiting all old rewards.
Why those forecasters who made a mistake (Qvolta - correct forecast 3850. Why should the award be received by those who put it much higher than this value? Those who put above 8000, 9000, 10000 eth) should receive a reward? But I agree with the fact that in the field of award distribution there is a strong difference between a number of worthwhile predictions.