I jumped on the Incentives page and used my little HTML knowledge to tweak up the page a bit, put some instructions in place, and a couple other things. Check it out and let me know what you think
http://incentives.tech-co.in/There was some confusion as to how the levels work, so here is my best explanation.
Currently, level has a target of $134 USD raised through the #Stake2Win program. The target is set by figuring cost of prize in USD/.75 to ensure that we can hit our 25% Development fund goal. This is set as a static number and now we can determine how many entries are needed to achieve this level.
This figure will vary throughout the session as it correlates not only to the BTC/TECH price, but also to the USD/BTC price, and number of entries.
Basic formula is:
TECHRAISED*TECH2BTCPRICE*BTC2USDPRICE
As you can see, this can be extremely volatile, and the actual level will be locked in once we begin the drawing.
Since Level 1 is basically guaranteed, we will always give away level 1. If we were half way between level 1 and level 2, any extra funds will be allocated to the next session.
November we may elect to do a month long session to see if we can build and reach higher.
Out for the day.