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Post by mellorbo on Oct 24, 2013 18:28:28 GMT
Hey people i had an idea and would like your input. I was thinking about doing a lottery and thinking something along the lines like this. So lets say 10 people all pay in 1000 Net and assigned a number for e.g then we would input all 10 numbers into a random number picker. The winner would receive 9000 Net with the remaining 1000 Net being solely used for the running of the site for e.g the net you get for every post and the interest gained from the bank all comes out of the admins pocket at the moment until we can sort out some other form of revenue. Now if there is still Net remaining after all has been payed then we would be able to do other giveaways with the coins. I can promise that nor me or any admins e.t.c will profit from this and all will be returned back to the community (amounts and players are only examples atm i would like your input as to the amounts, number of players, etc as you are the community and the people that help us get to where we are today ) i look forward to your input and ideas 
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Post by Admin on Oct 24, 2013 19:08:36 GMT
Hey people i had an idea and would like your input. I was thinking about doing a lottery and thinking something along the lines like this. So lets say 10 people all pay in 1000 Net and assigned a number for e.g then we would input all 10 numbers into a random number picker. The winner would receive 9000 Net with the remaining 1000 Net being solely used for the running of the site for e.g the net you get for every post and the interest gained from the bank all comes out of the admins pocket at the moment until we can sort out some other form of revenue. Now if there is still Net remaining after all has been payed then we would be able to do other giveaways with the coins. I can promise that nor me or any admins e.t.c will profit from this and all will be returned back to the community (amounts and players are only examples atm i would like your input as to the amounts, number of players, etc as you are the community and the people that help us get to where we are today ) i look forward to your input and ideas  I want to play the lotto now! lol I think it is an ace idea and keeping the coins in pocket is a nice touch too! Phew!  lol
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Post by mellorbo on Oct 26, 2013 2:17:12 GMT
anybody got any ideas or do you all like the sound of it so far ?
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Post by usTrUcX on Oct 26, 2013 2:40:34 GMT
I think it's great, spot on! perhaps some % of the pot could stay for the next round so it'll never start on zero 
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Post by mellorbo on Oct 26, 2013 2:42:09 GMT
I think it's great, spot on! perhaps some % of the pot could stay for the next round so it'll never start on zero  ok so say 9000 to the winner 500 for community and 500 stays in the pot for the next draw then same again ?
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Post by usTrUcX on Oct 26, 2013 3:12:54 GMT
Yeah could be it, the bigger the starting volume the bigger the bets, the first person to buy a lotto ticked gota have incentive.
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Post by mellorbo on Oct 26, 2013 12:33:25 GMT
Yeah could be it, the bigger the starting volume the bigger the bets, the first person to buy a lotto ticked gota have incentive. right ok i like it, good idea, i would be willing to put 10k down over 2 draws so 5k each that will give people some incentive to start and then let the pot build from there or do you have any ideas on how 10k could be used better?
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Post by Admin on Oct 26, 2013 12:58:28 GMT
Hey guys!  Sounds good to me! I wonder if people would be happy with winning 80% of the pot? so they get 80000 (8x what they put in) and then 10,000 to the starting pot and 10,000 to the community?
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Post by mellorbo on Oct 26, 2013 13:19:47 GMT
yea not a bad idea i mean u only have to look at uk lotto and i can guess the % of the pot aint 80% lol sounds good to me. i just cant understand why none of the community have replied to this, does it not interest them or do they simply not know its here ... hmmmm
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Post by Admin on Oct 26, 2013 13:31:13 GMT
yea not a bad idea i mean u only have to look at uk lotto and i can guess the % of the pot aint 80% lol sounds good to me. i just cant understand why none of the community have replied to this, does it not interest them or do they simply not know its here ... hmmmm Most likely just haven't seen it mate to be honest, you could try a little paper test run, all you gotta do is amke a fresh wallet address, and use that as the pot, people can even check the pot via the block explorer. Then you explain the rules and see if anyone chips in, although I mean we don't have hundreds of people yet, so not sure if you want to do it in a week or something like that? Totally up to you.  Oh and when you do it I will make an announcement in ANN gategory so people know it's ongoing. How about that? You could say the draw will commence when you have at least 10 participants or something like that? So not have a timed draw.
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