← How To Turn Reddit Into a Bitcoin Cash Marketing Machine Using Chaintip Every now and… by @dave_gutteridge
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← How To Turn Reddit Into a Bitcoin Cash Marketing Machine Using Chaintip Every now and… by @dave_gutteridge
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> By looking at what the usual amounts are for top posts in that subreddit, we determine that votes should be worth 1 cent each. alternatively you can decide how many top users you want to reward, which removes the guesstimate work.
> we haven't even begun discussing counter measures, such as winnings only being availa or simply dont announce the chosen subreddit before the period is over.
I think i'm misunderstanding something somewhere. Aren't you just re-inventing the Moons from /r/cryptocurrency?
Moons are a token with no set value relative to Reddit upvotes, which means they have a whole economy, and it's possible for Moons to increase in value. In turn, this means that Moons can be worth more than about 5¢ per upvote, which makes it economically viable to pay for upvotes and game the system. The system being proposed here has been implemented, and it's been active on r/btc for months now. It only pays out a value equal to 1¢ per upvote, meaning it's just about never viable to pay for upvotes and profit.
ah ok, thanks for clearing that up. | am reading up on the automod tool (boatbuilding) to see if I can be of help, but I'm afraid they haven't chosen intuitiveness and userfriendlyness as their guiding light in its creation.
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