Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
maxvall
on 19/07/2019, 19:24:57 UTC
To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event.

Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

With this move, we are course-correcting our distribution policy and do not plan to launch any major distribution campaigns targeted at acquiring new users before a sufficient number of popular apps is built.

Please clarify. Will the weekly draws be completely canceled?