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I'm a dimwit so bear with me. The rewards pool is 100k to 200k a day, which is like 3 mil a month. Is an additional 3 mil a month getting added, or are we just delaying and reshuffling the same rewards?
It's not additional it is just delayed.
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I am wondering is it also how the change happened - like people used to work from daily to monthly? ๐Ÿ˜‚
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Yeah. I just reread the original post.
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106 sats \ 25 replies \ @sdf 1 Mar
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Okay. I just reread the original post. One question- Is it correct that all stackers will get the rewards they earn, not just the top 64? So a new stacker will earn whatever modest reward they would have received under a daily reward system, even if they aren't in the top 64?
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10 sats \ 16 replies \ @kr 1 Mar
all rewards go to the top 64
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Ok, so my question then is why? Aren't we supposed to encourage new stackers?
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107 sats \ 14 replies \ @kr 1 Mar
we want to see if the structure and timing of rewards has any impact on engagement and onboarding.
perhaps the competition will drive people to increase their content quality (and make the site more interesting for new stackers).
or maybe the appeal of the large rewards pool will incentivize lurkers to set up an account and try to compete.
or maybe the month-long rewards cycle will help stackers better understand how to bring more value to SN.
lots of unknowns still.
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As a very new stacker, I will say, I will be doing less this month. The silver lining for me is that I have a lot of things that really require my focus over the next few weeks, so a break from SN and other distractions will be a good thing.
The main points for me that immediately spring to mind are : This is very much against my personal values. It's the kind of fiat world stuff I have rejected, whereby a lot of people do the work and a select, elite few benefit from everyone else's hard work. Combined with the vehicle used to extract this value and POW from everyone - carrot dangling, exclusive rewards and competition - pitting you against your peers/community. It doesn't feel nice.
I removed my eldest from the state school system after witnessing first hand the damage done by gold star charts, leader boards, good work tables, naming & shaming, putting individuals on pedestals, competitions, elitism etc.. (That kid is in their mid 20s now and I'm happy that the other kid never stepped foot in a school.) This is brought into our workplaces with various bonus schemes and the like. I've seen them rigged by team members. Rewards become punishments for many and create bitterness and despondency. Some people think that people won't work without these "incentives". Well, that's not true. There's a lot more I could say about psychological manipulation, behaviour modification and nudging but I'll leave it there.
I will still be dropping in when I have time but I won't be taking part in the competition. I might make some comments and pass a few zaps on here and there. I will still post in music territory as and when I can because I believe NME does it from the goodness of his heart, passion and to build a community.
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Damn! I'll just shut up now and grab my popcorn. I wish I would have made half those points. Have some sats. You get to keep these even if you don't win the contest.
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Thank you Siggy, you're too kind! There's no way in hell I'm winning this comp ๐Ÿ˜Š๐Ÿ˜
Beautiful and eloquent. Valid points.
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I noticed you're still zapping. I appreciate that, but you have no incentive to zap this month. You're just doing it out of the goodness of your heart. Thanks
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152 sats \ 0 replies \ @kr 1 Mar
emptying the wallet every day ๐Ÿซก
i try to zap most things i engage with, but spend a majority of the sats supporting ~charts creators
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or maybe the appeal of the large rewards pool will incentivize lurkers to set up an account and try to compete.
The rewards pool is the same size
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I guess it "looks" bigger when combine together.
when team @sn trying to play with Bitcoiners ๐Ÿ˜‚
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86 sats \ 3 replies \ @kr 1 Mar
in math, 3,000,000 x 1 is equal to 100,000 x 30.
but in psychology, that is often not true.
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True. Don't you think these little games are a little manipulative, though? I understand the purpose in experimenting, but I wonder whether this was fully thought out. I happen to know there are a few loyal, good contributors here who count on regular sats, so to abruptly change this with little notice can be disruptive. Also, territory owners are struggling to pay rent. The purpose of the territories is to grow Stacker News. No offer was made to delay rent.
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I know. So the answer is no. New stackers who don't reach the threshold of 64 will not be rewarded? Either way, my big question is why? I feel like a lab ๐Ÿ€ or one of Pavlov's pooches.
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I heard a bellโ€ฆ Is it dinner time?
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Woof!
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Do you think the slightly sadistic food witholder used to get a referred cramp in his tin opener hand when he heard the dinner bell?
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I sure as hell hope so
Million Madness is an experiment to replace daily rewards with monthly rewards.
so is this an experiment in regards to potentially making this a permanent change or just for this month as a special event?
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