An annual prize like you say would certainly be cool for the people who constantly follow and keep KC alive. It totally makes sense.
In any case, if the company will keep sending prizes/airdrops after every event to the bettors the percentage + a small minimum KARATE amount required is the only fair way from a mathematical point of view. I’ve already explained why absolute numbers don’t work, so I won’t bore you again with that reasoning
How does this works? Can we create an official voting poll here?
And agree with the lower threshold, however, it could be a USD value rather size of karate bag. As $Karate increases the 10k threshold becomes more expensive for the new starter.
The fairest way to distribute additional rewards is a % based leader board. It doesn’t put the top holders out it makes them play the game better.
I’ve been getting mates on board with the Karate app who don’t have much crypto to start with let alone a big bag of $karate. To your point above, I have a sizeable load of tokens whereas my mate has a beginners bag of 23,000, he bets well and wins a handsome reward relative to his wallet, yet I’m the one getting the bonus after the round because I had more to start with.
I think a fairer bonus system will entice more people to stay and play. We don’t want any unnecessary FUD being spread that the rewards only go to the “OGs”.
Yeah I’ll miss bonus rewards because compared to the majority out there I’m a dud at picking winners. But I’ll get better at it and start following fighters and getting in to it a lot more between events.
I can see how this could be useful from an accuracy perspective in regard to who is picking the most fights correctly and betting the highest on said fights. However, there is something to be said for also rewarding the early token holders and serious investors. In the long term finding a solution to reward both would be ideal.
The early holders, like myself, will get rewarded when Karate Combat becomes a household name. To do that we need to attract the multitudes. A fair bonus reward system will attract more users to stay and play, rather than seeing the larger holders reaping all the additional benefits.
Other metrics could be added to the reward system like longest holders, however that would mean no sales or least amount of sales per wallet. Just because 1 user bought early, and continue to hold some, only sell in to rally’s to the new comers doesn’t mean they should be entitled to extra rewards for being an early holder.
The fairest system for bonus payments is one where we all have an equal playing field and that is playing the game at each event.
