Hi Acid, I wholeheartedly appreciate your sponsorship of this project and we intend to run the project as transparent, free and fair as possible.
As mentioned in the publication, everything has been completely ironed out but here's how we intend to run the publications when the season starts;
- Maximum of three posts a week: A round up, mid-week analysis of the season(if needed) so far, and a pre-gameweek post. Some weeks will have two posts, especially when gameweeks are not spaced.
- Posts author will be either me(Belemo), @pappyelblanco and/or @samostically. We will host them in form of a podcast. Post authors will be made beneficiaries
- Invited guests from the community will also be made beneficiary of any post they participate in
- every week post earning will be accumulated for the grandprize at the end of the season.
- A small percentage will be kept back for weekly top 5 reward.
Here's the breakdown;
- 40% of every post will be shared between all the authors
- 50% of every post will be accumulated for the grand prize at the end of the season
- 9% of every post will be shared between the top 5 every week.
- 1% of every post will be left in the Hivefpl account.
I look forward to hearing your response and input. We're open to suggestions and ideas.
Alright, sounds good to me.
Will there also be written content on top of the podcasts? Not everyone can/will be able to/wants to listen/watch content about it and would prefer written content along the podcasts I believe.
Another way to help with transparency would be to use reward.app for the part that will go towards the prizes, such as the 50% and 9% for instance so that curators would not have to dig too deep into transactions, figure out powerdowns etc but can easier count the liquid portion and where it is at any given time.
Other than that I would suggest looking for some other kind of sponsorships and collabs, maybe the Sports talk community would want to allocate some Sports tokens on top as they did with one of my leagues back in the day and maybe @rabona would be interested in checking up on this as well and attempt to get more players to their game from and outside of Hive. I suggest also creating a Twitter account for POSH to try and reach more users and build it up before it starts to attempt to get people outside of Hive to join. Hiveonboard has plenty of account credits to give out through @ocdb so it would be nice to see some action there as well although I know it is a tough ask.
Anyway, we would gladly help support it with votes to a degree and adjust them depending on amount of participants and other aspects such as attention gained to Hive on twitter, etc.
Thank you for pointing this out. Here's how we intend to handle it for people who maight not be interested in the podcast
Thank you very much for your support. We will continue marketing the project and reaching out to the community.
Ah, should have noticed the @poshtoken comment earlier, lol.
tl;dr on reward.app, you set a % of the post you want liquidated, for instance for you you would place 59% to reward.app and the rest to the authors contributing to the content of the post. reward.app will take this 59% and return it in liquid Hive and HBD rather than Hivepower and HBD. There is a fee to using the service but 1% is not a lot, it does also have another feature where curators can get extra incentivized to curate your posts as we wanted to see how promotion on posts could work this way now that we have downvotes if it becomes abused, but basically you just send it a memo with the number 0 to 100 of how much of the benefecator rewards you send it you want to go to curators. In this case it would be 0 as you want to liquidate all of the rewards and keep them.
so a shorter tl;dr:
sent reward.app as beneficiary of the amount of rewards you want liquidated on your post (example 59%)
send reward.app a 0.001 memo with the number 0 to not send curators extra rewards
Ah yes, this is actually perfect. I was wondering how we were going to power down all along. Reward.app makes it perfect. On top of everything being transparent on-chain, we will also make a weekly publication about the current value of the grand prize as the days go by.
I really appreciate your input.