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    Author Topic: Devcoin  (Read 413047 times)
    FinShaggy
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    April 27, 2013, 08:35:58 PM
     #1761


    So as of April 24th, 1000ish words is worth 500,065.2 DVC

    Will this be the lowest payout ever???

    The less people get paid, the more valuable they will be Smiley

    And traffic is going to get CRAZIER soon Smiley
    The payout is a function of how much is submitted. In this case a lot of stuff by few people.

    I think it may make more sense to limit the total share per person from this month inclusive (and to make clear I'm not being biased, this month includes me. edit: actually I suppose that could hypothetically increase my share so could be construed as biased, but that's not the intent), something like X% for new contributors in their first month, X*2 (or X/2) in their second month etc (dependant on how and whether suubmissions grow/decline; those particular funtions are just plucked from the air to give an idea).

    In this way it (1) doesn't penalise those who built up, maintain, inform and have already been regularly contributing to devtome and devcoin for some time, (2) better encourages new interesting articles, rather than just words, as the prospective new contributor share remains higher going forward (3) continues to encourage existing contributors to do so sooner rather than later (4) is likely to keep the standard higher (5) adheres better to the spirit of the process.

    Just a thought.

    I haven't put my writing up for this round yet - but regardless I don't think it's fair to change the rules halfway through a round. People will lose faith in Devcoin if the rules are changed willy nilly. Whatever happens it should take place at the start of a round - not near the end. Personally I don't see a problem with the current system.

    Agreed, shares are still worth over 100$ at the moment.

    I can see this model working even when shares drop to $5 each.

    Yes, but it's far better when they are worth $100+, I think you need to realise this  Wink

    Maybe it was better for the past year, and yes I would have like to have been involved when there were no publishers so I could have a stockpile of hundreds of thousands of coins.

    But if we want the stockpiles and the individual coins themselves to raise in value we have to advertise them, and do what the jesus dino guy is doing and make stores and stuff.

    The more people that know about DVC, and the harder it is to get lots of DVC, the more valuable they will be.

    If everyone is thinking outside the box, there is a new box.
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