Bitcoin Forum
July 13, 2024, 10:21:05 PM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
27.0
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Economy
>
Marketplace
>
Service Announcements
>
Micro Earnings
>
Project Ouroboros – Community project to earn Doge.
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Project Ouroboros – Community project to earn Doge. (Read 251 times)
e4f4 aka kkjj
(OP)
Newbie
Offline
Activity: 18
Merit: 0
Project Ouroboros – Community project to earn Doge.
April 05, 2020, 04:54:07 PM
#1
This is a long read but worth it.
Some time ago i was a member of Paycoin forum. Coin turned out to die but there was one interesting thing about members. They managed to unite and try to save the coin. It was called Project Ouroboros – a snake that eats its own tail.
They used scrypt.cc (scam platform but paying at the time) for this project.
Now with crypto evolved and Staking Cube it could be possible to recreate the project.
Here is the general idea.
Create main Stakecube account.
Members register as referrals for that account.
We use doge for main coin.
Members stake their Doge on their account.
Any Doge generated from referral earnings on main account is sent back to members based on their stake income minus 50%. That 50% is used to increase main account income. This way members are guaranteed to have increased earnings.
Using Stakecube transfer there are no withdrawal fees.
Problem is calculating members income since Stakecube API has no function. Some website scraping and litle coding could do the trick.
Now for increasing balances.
Similiar to Stakecube, main account for freebitcoin is created. Members sign up as referrals and play. Main account has referal sharing of 100%. So members get paid extra and can withdraw and exchange BTC to Doge faster. They use that Doge to increase their Stakecube balance. Which increases the main Stakecube balance and referral earnings. Main freebitcoin account doesnt have BTC earnings but it earns reward points for every referral play. Once 100,000 reward points is achieved it can be converted to BTC and exchanged to Doge. That Doge is used to fund main Stakecube account and increase referral earnings.
Lets recap:
Members stake their Doge on Stakecube. Main account sends back their earnings back to them without withdrawal fees.
Members earn more on freebitcoin. Main freebitcoin account increases main Stakedoge account balances and members earn more on their Stakecube account.
General idea is to increase members Stakecube balance. While doing so main account earnings are increased also and referral income sent back to them is also increased. Members gain more Doge on their accounts.
Ouroboros – a snake that eats its own tail.
This is just tip of the iceberg for this project. Other currencies can be staked. More faucets can be used. Mining, airdrops and giveaways can be used to increase main account. Which increases members Doges.
Think about it, read it few times to get a better picture and thanks for reading.
e4f4 aka kkjj
(OP)
Newbie
Offline
Activity: 18
Merit: 0
Re: Project Ouroboros – Community project to earn Doge.
April 05, 2020, 05:00:09 PM
#2
Unfortunately i am stuck. Need help.
Stakecube API has no function yet i am looking for help.
What is needed:
A way to calculate main account stake income
A way to calculate referral earnings.
A way to send earnings back to members.
Few members to test.
What i think can be done but have no knowlege:
Website scraping - a script that parses Stakecube activity page for stake and referral income and calculates them.
Since Stakecube withdrawal requires captcha and wallet or username input for now we need a wallet that has Doge internal transfer without fees and API and also low withdrawal fee so members can get their Doge to their Stakecube account. Idea is to withdraw from main Stakecube account to that wallet and distribute earnings back to members.
Please read, maybe you have some idea or a better coin or staking service to recommend.
e4f4 aka kkjj
(OP)
Newbie
Offline
Activity: 18
Merit: 0
Re: Project Ouroboros – Community project to earn Doge.
April 05, 2020, 08:52:03 PM
#3
Read it a few times.
Short version :
For start we play faucets and earn doge.
Then we stake (ok, earn interest for holding) doge on Stakecube.
We send referral income from faucets and Stakecube to each member back.
More Doges for everyone.
But i am stuck, need help with scraping data and distribution of doge to referrals...
So, help.
e4f4 aka kkjj
(OP)
Newbie
Offline
Activity: 18
Merit: 0
Re: Project Ouroboros – Community project to earn Doge.
April 06, 2020, 08:48:37 PM
#4
Stakecube explanation
https://bitcointalk.org/index.php?topic=5167949.0
gundamwing
Jr. Member
Offline
Activity: 227
Merit: 2
Re: Project Ouroboros – Community project to earn Doge.
April 07, 2020, 12:41:07 AM
#5
but I have already joined stakesclub, that means I can't join your project ?
New play to earn to maximize your earning ! (https://earnmoneyfromgame.siterubix.com/play-to-earn-games%f0%9f%92%b0/)
e4f4 aka kkjj
(OP)
Newbie
Offline
Activity: 18
Merit: 0
Re: Project Ouroboros – Community project to earn Doge.
April 07, 2020, 04:07:20 AM
#6
Quote from: gundamwing on April 07, 2020, 12:41:07 AM
but I have already joined stakesclub, that means I can't join your project ?
Its easy to open a new account and test the project.
But i am stuck. Need help starting it. Looking for members and a way to distribute earnings. Sure I can do it manually but if the member count rises it will be a problem.
Feel free to throw some suggestions...
gundamwing
Jr. Member
Offline
Activity: 227
Merit: 2
Re: Project Ouroboros – Community project to earn Doge.
April 07, 2020, 11:11:27 AM
#7
I think I will not open another account for stakecube
New play to earn to maximize your earning ! (https://earnmoneyfromgame.siterubix.com/play-to-earn-games%f0%9f%92%b0/)
e4f4 aka kkjj
(OP)
Newbie
Offline
Activity: 18
Merit: 0
Re: Project Ouroboros – Community project to earn Doge.
April 07, 2020, 02:56:14 PM
#8
Quote from: gundamwing on April 07, 2020, 11:11:27 AM
I think I will not open another account for stakecube
Why do we need to know that?
e4f4 aka kkjj
(OP)
Newbie
Offline
Activity: 18
Merit: 0
Re: Project Ouroboros – Community project to earn Doge.
April 07, 2020, 03:02:30 PM
#9
Anyway talked to Stakecube developers:
[DEV] - Oleg | stakecube.netToday at 3:03 PM
agree, thats an intresting idea for a feature to set a rate (25, 50, 75%) to share ref rewards - in general, not only for interest
Hope they implement it...
Pages: [
1
]
Print
Bitcoin Forum
>
Economy
>
Marketplace
>
Service Announcements
>
Micro Earnings
>
Project Ouroboros – Community project to earn Doge.
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...