Quote from: FinneysTrueVision on September 05, 2024, 07:33:18 PM

Quote from: Fransky7 on September 05, 2024, 09:16:33 AM

The average cannot be done like this, the spin has 4 types of prizes:
1) common (15/50 Sat/Points/Tickets)
2) uncommon (150-500/1500-5000 Sat/Points/Tickets)
3) rare (1/5/50 Golden tickets)
4) special (500$ giftcard, Iphone, Rolex)

Point 4 has an extremely rare probability, it is like winning a jackpot of a national game/lottery.
Point 3 has a probability of about 1%.
Point 2 has a probability of about 3-4%.
Point 1 is the one that comes out with a probability of about 95+%, of which as said 1/3 are tickets.

So we need to calculate a weighted average of point 1, with some exceptions of point 2 and extraordinary 3 and 4.

Those probabilities are not accurate. To get an uncommon prize, there is a 1.1% probability if you include lottery tickets, without tickets it is 0.6%. Another thing is that even if the uncommon prizes have a low probability they still made up a proportionately higher amount of your rewards in the beginning. The 5000 prize is 100x larger than the base prize but the odds were initially much better than 1/100th of the base reward’s odds.

They are accurate because they are calculated manually by my membership, counting all the spin wheels made with the relative amounts.
Tickets do not count towards the return on investment, only satoshi, points and any special prizes, also because there is no guarantee of winning in the lotteries, so they are not part of the ROI.

Quote from: FinneysTrueVision on September 05, 2024, 07:33:18 PM

Quote from: Fransky7 on September 05, 2024, 09:16:33 AM

That is from 1/83rd to 1/125th of the investment.

Quote from: FinneysTrueVision on September 05, 2024, 07:33:18 PM

If the annual returns had been 1/125th at the beginning, nobody would have invested in something where it might take over a century to recoup that investment.

instead it is like this, but we are only talking about the spins, obviously we have the APY and possibly the interests for the satoshis deposited, so it is higher, but the spins returned an average of that ROI, today it reaches over 4 times, this would explain why they have deactivated them and the other features are active.

Quote from: FinneysTrueVision on September 05, 2024, 07:33:18 PM

Regardless of how you want to calculate returns, becoming a premium member is something that currently requires an extremely long time to reach any meaningful ROI. These slow and steady returns should not be unsustainable but perhaps there are other costs which we haven’t been factoring. FUN isn’t a token they created themselves, it is something which they paid to acquire. Promoting and developing the token also have a cost and they might have taken significant losses from all this.

We agree on this, all non-SCAM investments have slow ROIs, also because they have to generate revenues with which the same ROIs are then paid.

Here we can find the FUN RoadMap for 2024 and beyond, perhaps these innovations can lead to an improvement and greater use of crypto: https://funtoken.io/road-map