Top poster with top prizes beginning to until now

[Dewayne]

Hello dear people, you all well-known of poster of the month in windice, you know how to join what should do for it and also know about prizes.
An year ago i have already post about author, competition, and rewards you can check it out link given below

Authors, competition and rewards

Hi everyone, I hope you are all having fun here at Windice. Poster of the month! Everyone acknowledges that there is competition when it comes to creating articles; there are some really lovely writers and gorgeous topics! There appear to be more than ten of the best active writers. Such as...

forum.windice.io

Always looking for information that's is concerned with success or survival.
So let's dive into story of
Giveaway: Top Poster(s) of the Month.
Started on August 2019. There were many qualities of authors participated with qualities of topics.

On beginning of that initiative started 0.005 BTC prize for winners
1 BTC price was around $5000 to $6000.

If 1 BTC was around $6000 and reward was 0.005 BTC
0.005 BTC × $6000 BTC = $30
Moreover the winners would've received approximately $30.
1st place: 0.0025 BTC × $6000 BTC = $15
2nd place: 0.0015 BTC × $6000 BTC = $9
3rd place: 0.001 BTC × $6000 BTC = $6
That's all when competition have began untill now the same terms and conditions apply.

We all are acknowledge of BTC highest price in recent days $124,000 BTC
Currently trading around $116k to 124k BTC.
We'll use the given BTC range of $116k to $124k BTC and the reward of 0.005 BTC.
Let's take the middle of the BTC range $120k BTC.


If 1 BTC price is $120k BTC and rewards are 0.005 BTC
0.005 BTC × $120k BTC = $600
Moreover the winners would've received approximately $600.

1. 1st place: 0.0025 BTC × $120k BTC = $300.
2. 2nd place: 0.0015 BTC × $120k BTC = $180.
3. 3rd place: 0.001 BTC × $120k BTC = $120.

I think everyone believe the BTC, that's why they give their time at it. for future if BTC pump make new high likely doing in previous months every month BTC made new high so can windice go through it ?
It today its around $550 to $600 per monthly giveaway of Poster of the month just for three winners however in future it would cost double.
I would present my suggestion to windice admin moderators team, 10 winners should replacement 3 winners. It would make more interest to author give time to windice make beneficial thread, more active in hunts and forum challenges which helps every individuals and they wouldn't be discouraged.

Suggestions #01
I would suggest the rewards distribution
the prize distribution for the top 10 winners would be:

• 1st place: 0.00144 BTC
• 2nd place: 0.00096 BTC
• 3rd place: 0.00067 BTC
• 4th place: 0.00048 BTC
• 5th place: 0.00038 BTC
• 6th place: 0.00029 BTC
• 7-10th place: 0.00019 BTC

Suggestions #02

. 1st place: 0.0015 BTC​

. 2nd place: 0.001 BTC​

. 3rd place: 0.0007 BTC​

. 4th place: 0.0005 BTC​

. 5th place: 0.0003 BTC​

. 6th place: 0.00025 BTC​

. 7th place: 0.0002 BTC​

. 8th place: 0.00015 BTC​

. 9th place: 0.0001 BTC​

. 10th place: 0.00005 BTC​

 

[chibby]

I can agree with you that it's a good thing if there are more winners especially with the high BTC price. I don't like the idea of 10 winners because I think it will be hard to find enough quality to reward 10 people for their posts. I don't think it is the meaning that people get a prize just because they spam something random while others spend hours writing an article and get a lower prize because of that. Therefore I would like to modify your idea and say 5 winners would be better then 10:

1st place 0.0015
2nd place 0.0013
3rd place 0.001
4th place 0.0007
5th place 0.0005