foodstamps
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March 15, 2018, 11:44:12 AM |
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Looking at the rewards claimed so far from QVOLTA, took me an hour to come up with this lol https://etherscan.io/address/0x627e41794c171d51e9f3def30df33c07e6ff4b54#tokentxnsand 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 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. Cause trying to forecast the exact number is just pure luck. 2000 eth is not different from 12000 if the right forecast was 5/6k. Also people who forecast 15/20k pay gas, so why not give to anyone a fixed rate airdrop? Doing this no sense formula rewarda, almost everyone will stop to forecast cause they receive nothing. You don't have to be exact. The formula is quite complex. But, lets say a project raises 20K eth, most likely everyone who guessed between 10K and 30K will receive a reward. Unless, lets say 95% guessed 20K and the result was 20K, and you guessed 10K, then if you do get a reward, it would be very small, even with alot of wings. On Qvolta only about 19 people were within 50% lower or 50% higher than the actual result. Basically everyone forecasted 14K eth and they only raised 3800 eth, so everyone was almost 400% off. sorry if you feel you should be rewarded, maybe next time, everyone else will be lining up their forecasts on a project raising their hardcap, but you, dont think so, and then when your right, and EVERYONE else was 400% off, then you'll have a nice big fat payday like these guys did. By the way, someone else just claimed a reward for forecasting on Qvolta, and I did some research for you all. From: 0x8f6b2d... Expected: 4000 ETH Wings: 1000 WINGS Reward: 33,592 QVT Todays value: $11,948 very interesting, tough atm it feels more like a game of bingo than any form of crowd intelligence, ofc the crowd is very far from info atm. still hope they will shift the project more in a way where u get rewarded on researching the project instead of guessing a number right, imo how the system works now its just pure luck Also, the forecasters spent too little time studying the project. When studying it was clear that Qvolta vryatli will collect more than 5000 eth. They have reduced their maximum charge of fees 4 times since August 2017 (from 160000 eth to 14,000 eth.I can make a little mistake). If you look at subsequent forecasts, you will see that forecasters began to spend more time studying projects. Although many forecasters follow large investors.
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-Sinner-
Jr. Member
Offline
Activity: 224
Merit: 9
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March 16, 2018, 09:26:37 AM |
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Looking at the rewards claimed so far from QVOLTA, took me an hour to come up with this lol https://etherscan.io/address/0x627e41794c171d51e9f3def30df33c07e6ff4b54#tokentxnsand 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 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. Cause trying to forecast the exact number is just pure luck. 2000 eth is not different from 12000 if the right forecast was 5/6k. Also people who forecast 15/20k pay gas, so why not give to anyone a fixed rate airdrop? Doing this no sense formula rewarda, almost everyone will stop to forecast cause they receive nothing. You don't have to be exact. The formula is quite complex. But, lets say a project raises 20K eth, most likely everyone who guessed between 10K and 30K will receive a reward. Unless, lets say 95% guessed 20K and the result was 20K, and you guessed 10K, then if you do get a reward, it would be very small, even with alot of wings. On Qvolta only about 19 people were within 50% lower or 50% higher than the actual result. Basically everyone forecasted 14K eth and they only raised 3800 eth, so everyone was almost 400% off. sorry if you feel you should be rewarded, maybe next time, everyone else will be lining up their forecasts on a project raising their hardcap, but you, dont think so, and then when your right, and EVERYONE else was 400% off, then you'll have a nice big fat payday like these guys did. By the way, someone else just claimed a reward for forecasting on Qvolta, and I did some research for you all. From: 0x8f6b2d... Expected: 4000 ETH Wings: 1000 WINGS Reward: 33,592 QVT Todays value: $11,948 very interesting, tough atm it feels more like a game of bingo than any form of crowd intelligence, ofc the crowd is very far from info atm. still hope they will shift the project more in a way where u get rewarded on researching the project instead of guessing a number right, imo how the system works now its just pure luck Forecasting a near number for receive reward, actually is 100% luck. You, as forecaster, can only know how valid is the project, soft cap and hard cap.. Nothing else. With just these info, how can you forecast a good number without luck?!
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SHIPIT - Send packages. No couriers. Just people. (https://token.shipit.me/?utm_source=bitcointalk&utm_medium=signature)
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trambon326
Full Member
Offline
Activity: 462
Merit: 102
“Crypto Depository Receipts”
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March 16, 2018, 10:48:53 AM |
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very interesting, tough atm it feels more like a game of bingo than any form of crowd intelligence, ofc the crowd is very far from info atm. still hope they will shift the project more in a way where u get rewarded on researching the project instead of guessing a number right, imo how the system works now its just pure luck
The matter is that whales rarely study the project and in most cases forecast a hard cap. Smaller forecasters repeat after them in the hope that whales know more than others. Those who study the project still have a slight advantage
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Scooby903
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March 16, 2018, 10:52:02 AM |
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Im involved in ADX and saw wings are partner.... so what will the wings token be used for? And what is the project about?
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irwanjabryg
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March 16, 2018, 11:19:06 AM |
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Will Wings be back again to 3k sat? Currently all altcoin are flushed. I am afraid of free fall wings to the lowest.
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btcrocks
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March 16, 2018, 12:37:25 PM |
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Will Wings be back again to 3k sat? Currently all altcoin are flushed. I am afraid of free fall wings to the lowest.
If this same market trend continues for next month too, we may see altcoins going down heavily, Wings may go below ico.The G20 summit next week is one major factor to look out for and if there are further negative news for the cryptocurrency, the price of all crypto may suffer including Bitcoin.
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irwanjabryg
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March 16, 2018, 12:49:05 PM |
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Will Wings be back again to 3k sat? Currently all altcoin are flushed. I am afraid of free fall wings to the lowest.
If this same market trend continues for next month too, we may see altcoins going down heavily, Wings may go below ico.The G20 summit next week is one major factor to look out for and if there are further negative news for the cryptocurrency, the price of all crypto may suffer including Bitcoin. Oh, I see... When do you think the rise of altcoin happens? Last year April became a beautiful month for traders, will it happen again
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addicto
Legendary
Offline
Activity: 1526
Merit: 1012
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March 16, 2018, 12:50:53 PM |
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Will Wings be back again to 3k sat? Currently all altcoin are flushed. I am afraid of free fall wings to the lowest.
If this same market trend continues for next month too, we may see altcoins going down heavily, Wings may go below ico.The G20 summit next week is one major factor to look out for and if there are further negative news for the cryptocurrency, the price of all crypto may suffer including Bitcoin. What was that ICO price do you remember about that. But I will do agree with you situation is very frustrated and looking really hard to hold any token but I think this trend will get finished soon. All projects will start recovering soon but panic could make situation more bad.
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amintek15
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March 16, 2018, 01:23:05 PM |
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Im involved in ADX and saw wings are partner.... so what will the wings token be used for? And what is the project about?
Wings is all about prediction of the ICOs results. If a project want to make some publicity it can create a bounty that will be distribute to Wings users who make predictions on their ICOs. It's just another way to make bounty for a project, but right now for wings users it's much more lucratif. Wings token is used to predict but you don't lose it, it's simply locked for a time
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foodstamps
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March 16, 2018, 02:20:15 PM |
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Will Wings be back again to 3k sat? Currently all altcoin are flushed. I am afraid of free fall wings to the lowest.
Many will be able to buy themselves cheap Wings token for project forecasting. But I think as everything falls now, so in the future everything will quickly grow.
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chixka000
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March 16, 2018, 02:29:36 PM |
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I didn't quite understand how much Lucid haв raised? the website had more than 7.5 million bucks, but in the end announced 6 million
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MaryAngela_Fantocci
Sr. Member
Offline
Activity: 462
Merit: 252
Buy/Sell crypto at BestChange
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March 16, 2018, 07:34:30 PM |
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there is a project, available on forecasting but it's on testnet, what should we do?
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Scooby903
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March 16, 2018, 07:48:49 PM |
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we now have Binance which is sufficient for your pump whenever we have the very first version release by the group. The only issue here is whenever will which happen
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TeraBite
Legendary
Offline
Activity: 1876
Merit: 1003
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March 16, 2018, 08:14:09 PM |
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there is a project, available on forecasting but it's on testnet, what should we do?
That is beta version which will go live in next few days so you can just test this network how this work. After the successful launch of this platform you will be able to earn rewards for predictions.
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amintek15
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March 16, 2018, 09:26:28 PM |
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there is a project, available on forecasting but it's on testnet, what should we do?
Yes they announced a new forecast. probably it will be here soon , try to come back for forecasting tomorrow.
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-Sinner-
Jr. Member
Offline
Activity: 224
Merit: 9
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March 17, 2018, 10:07:54 AM |
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If it is true that they announced a new forecast, i understand why price is going down.. With a new forecast they are saying that the platform will not be launched in March, so i understand why many people giving up with this coin. We are waiting the platform since one year.
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SHIPIT - Send packages. No couriers. Just people. (https://token.shipit.me/?utm_source=bitcointalk&utm_medium=signature)
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spawn4ever
Full Member
Offline
Activity: 574
Merit: 111
vite
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March 17, 2018, 11:46:04 AM |
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do you plan announce partnership with Effect.ai and make prediction on your platform?
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CORNEL
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March 17, 2018, 12:06:22 PM |
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do you plan announce partnership with Effect.ai and make prediction on your platform?
Till release of beta version there is no more predictions on current version I think we have no chance to make forecasts about that project but keep in mind that is not a official statement according to the latest update on telegram.
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alexberezov
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March 17, 2018, 02:38:48 PM |
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I heard payouts would be once a week, but it seems it's been over a week since the last payout
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