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December 14, 2016, 06:29:12 PM |
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I am seeing that a number of signature campaigns in altcoin section pay bounties on the basis of 'stake' (like 1 stake, 1.5 stake etc) I want to know that how does that system works? and is it better for members or not?
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Lutpin
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December 14, 2016, 06:34:04 PM |
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it's a system that probably got most attention during the waves signature campaign. Unlike regular campaigns, in this system, members don't get paid by fixed rates or pay per post rates. There is a total budget for the campaign (which should be mentioned in the thread somewhere) and users get paid distinct shares of that total budget. If you have X stakes, your payment would be: (total budget)*(personal stakes/total stakes). E.g. having 10 stakes in a 5BTC campaign with a total size of 1000 stakes would give you 5BTC*(10/1000)=0.05BTC.
There's no definite answer what is better or worse, it always depends on the individual campaign.
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~Bitcoin~
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December 14, 2016, 06:36:37 PM |
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Some Altcoin's signature campaign have fix number of coins as signature bounty but they don't have fix number of members that they will accept in signature campaign so they don't give fix amount of coins to members according to their rank. Than they will calculate number of coins to be distributed by stakes. For example:
Signature bounty amount - 100,000 XYZ coin Total number of junior members - 100 x 1 stake members - 100 x 1.5 stake full members - 100 x 2.5 stake
so total stake - 100+150+250 = 500 now One junior member will get 1 stake out of 500 stake of 100,000 XYZ coin - 100,000/500 = 200 XYZ coin
Note: above calculation is based on one week of signature campaign. I think i am correct in above calculation.
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tiggytomb
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December 14, 2016, 06:37:12 PM |
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That would depend on the coin and the way they have structured the campaign. It could be 1 stake = 100 coins or something else.
Most of those that offer you a stake would be ICO pre launch coins and there could be a chance that they are getting free advertising and then not payying, it is a trust based system.
Bitcoin campaigns are safer in my opinion.
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mrcash02
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December 14, 2016, 08:46:03 PM |
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I had this doubt too, now I understood, thanks. That would depend on the coin and the way they have structured the campaign. It could be 1 stake = 100 coins or something else.
Most of those that offer you a stake would be ICO pre launch coins and there could be a chance that they are getting free advertising and then not payying, it is a trust based system.
Bitcoin campaigns are safer in my opinion.
Yes, BTC signature campaigns are better, but sometimes we can find nice offers paying in alt-coins, like new coins projects. They can pay us to advertise them on social medias, to use an avatar, to write an article, sign up on newsletter... Extra income is always welcome, even in alt-coin stakes. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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GregH37
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December 15, 2016, 04:38:15 AM |
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it's a system that probably got most attention during the waves signature campaign. Unlike regular campaigns, in this system, members don't get paid by fixed rates or pay per post rates. There is a total budget for the campaign (which should be mentioned in the thread somewhere) and users get paid distinct shares of that total budget. If you have X stakes, your payment would be: (total budget)*(personal stakes/total stakes). E.g. having 10 stakes in a 5BTC campaign with a total size of 1000 stakes would give you 5BTC*(10/1000)=0.05BTC.
There's no definite answer what is better or worse, it always depends on the individual campaign.
correct. and it depends on that specific altcoin project as well. because usually these kind of campaign ran by those altcoins which are not launched yet and currently in ICO or will start ICO. so if the ICO sucessfull you'll earn good money. but if ICO fail than you possibly end up with nothing or very small amount of payment.. I have 2 examples: 1: Incent Token Ran the signature campaign for about 3 month (if I am not wrong) and they collected only 1 Million and a campaign user earned only 0.1 to 0.05 BTC in whole campaign period.. 2: ICONOMI Ran their campaign for 1 month and their ICO collect over 16000 BTC. so Each participants earned around 2BTC to 0.5BTC in whole campaign period. and lots of campaign gave nothing to its users. so always join a campaign by reading their project and business plan properly.
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thebatletbet
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December 15, 2016, 07:08:48 AM |
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i can try exlpain for you sample coin A can get distribution signature campaign 1000 coin and acumulate total point stake all participan 100 so value 1 stake = 1000/100 = 10 coin if you follow signature campaign can get 20 stake point, so you can get receive 200 coin
sometime point stake not qualified post added total stake, so can reduce receive coin
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JasonXG
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December 24, 2016, 04:14:09 AM |
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I am seeing that a number of signature campaigns in altcoin section pay bounties on the basis of 'stake' (like 1 stake, 1.5 stake etc) I want to know that how does that system works? and is it better for members or not?
Did you actually try read it ? Or were you just being lazy because there is nothing wrong with your English so it is not that so it must be laziness or stupidity. your stake = stake + stake of all participants / number of participants = your total % of the total number of coins they are giving away.
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mizan2821
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May 08, 2017, 06:09:31 PM |
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it's a system that probably got most attention during the waves signature campaign. Unlike regular campaigns, in this system, members don't get paid by fixed rates or pay per post rates. There is a total budget for the campaign (which should be mentioned in the thread somewhere) and users get paid distinct shares of that total budget. If you have X stakes, your payment would be: (total budget)*(personal stakes/total stakes). E.g. having 10 stakes in a 5BTC campaign with a total size of 1000 stakes would give you 5BTC*(10/1000)=0.05BTC.
There's no definite answer what is better or worse, it always depends on the individual campaign.
I also courious about stakes.But by the post of lutpin, Now i have learned it. Thank you for nice explanation ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks..... I got my answer..... thank you for explanation....
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ubercool
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May 09, 2017, 09:51:56 AM |
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it's a system that probably got most attention during the waves signature campaign. Unlike regular campaigns, in this system, members don't get paid by fixed rates or pay per post rates. There is a total budget for the campaign (which should be mentioned in the thread somewhere) and users get paid distinct shares of that total budget. If you have X stakes, your payment would be: (total budget)*(personal stakes/total stakes). E.g. having 10 stakes in a 5BTC campaign with a total size of 1000 stakes would give you 5BTC*(10/1000)=0.05BTC.
There's no definite answer what is better or worse, it always depends on the individual campaign.
I also courious about stakes.But by the post of lutpin, Now i have learned it. Thank you for nice explanation ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks..... I got my answer..... thank you for explanation.... Thank you Lutpin for that awesome reply, who else can explain this better than a good campaign manager?? It is a tricky business to get into an altcoin signature campaign if they are paying in altcoin because the price may get dumped or pumped if you are lucky. I am in one and its a good campaign.
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sandy rivers
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September 27, 2017, 10:55:09 AM |
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it's a system that probably got most attention during the waves signature campaign. Unlike regular campaigns, in this system, members don't get paid by fixed rates or pay per post rates. There is a total budget for the campaign (which should be mentioned in the thread somewhere) and users get paid distinct shares of that total budget. If you have X stakes, your payment would be: (total budget)*(personal stakes/total stakes). E.g. having 10 stakes in a 5BTC campaign with a total size of 1000 stakes would give you 5BTC*(10/1000)=0.05BTC.
There's no definite answer what is better or worse, it always depends on the individual campaign.
Thanks for the info Lutpin you are being more of a help over here to me with your info on many topics.
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moon.heo
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March 16, 2018, 02:51:19 PM |
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I was curious about that Thank you guys!
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nniecan001
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March 16, 2018, 11:06:42 PM |
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I was curious about that Thank you guys!
I'm happy that you are eager to know or learn something in bitcointalk community, just continue to join in different thread specially in META section and your own Local section (your own country ). Educate yourself and don't hesitate to ask to those thing that you want to learn here . Many of us is willing to give you enough answer just make sure that is it connected to crypto currencies . Good luck to your journey folks!
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Zocadas
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March 17, 2018, 04:35:22 AM Last edit: March 17, 2018, 09:56:02 PM by Zocadas |
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You can use a formula to calculate your stakes. S = Sum of Currency y = Number of your own stakes n = Number of stakes ( You must count the number of stakes in the spreadsheet) x = What you get
x = S/n * y Edit: Example for better understanding of the formula: S = 1 BTC y = 5 (your own stakes) n = 1000 (all stakes) x = 1 BTC/1000 * 5 = 0.001 * 5 = 0.005 BTC
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ralle14
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March 17, 2018, 11:52:32 AM Last edit: March 18, 2018, 05:15:17 AM by ralle14 |
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You can use a formula to calculate your stakes. S = Sum of Currency y = Number of your own stakes n = Number of stakes ( You must count the number of stakes in the spreadsheet) x = What you get
x = s/n * y
The formula is wrong it should be the other way around if you read the replies above, multiplying the total amount of stakes including your own would result in smaller or bigger payout than the said budget. There's no need to answer the question of the OP because the best answer/explanation is already provided by Lutpin. This thread was already buried but was bumped by a newbie. I added an example for better understanding of formula. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yeah nice example, I kind of misread it before making my calculation wrong.
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Zocadas
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March 17, 2018, 09:53:49 PM |
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The formula is wrong it should be the other way around if you read the replies above, multiplying the total amount of stakes including your own would result in smaller or bigger payout than the said budget.
I added an example for better understanding of formula. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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