Expected Value of Steem Monsters Daily Quests [6]
Hey guys! With the season coming to an end, surely this is a good time to be seeing how much you can be earning statistically!
Price History
Below is a graph of the price history. It'll look more like a graph as more info is added!
How it Was Calculated
Before calculating, I had to use the assumption that you can sell your card at the lowest price per BCX. The drop rates used were from @yabapmatt so we know that it's accurate.
Firstly, I calculated the average cost of cards per rarity, then I multiplied it by the chance of it being opened. I added these up for all the rarities and then we have the expected value of each reward card earned. After that, I just had to simply multiply that value by how many cards you earn from each rank!
Today's Data
The data is sorted in rarity, from lowest to highest. Then the average value of each rarity is calculated, which is multiplied by its chance to drop. This is all then added together to form the expected value of each reward card.
Today's Average Value: $0.0874
Expected Value of Each Rank
- Note: this is assuming you stay at the same rank for the whole season, each season has 14 days and you complete all daily quests in the 14 days. Therefore, this estimate is quite high and realistically you aren't going to earn this much.
Price History
- 04/02: $0.0941
- 07/02: $0.1051
- 11/02: $0.0939
- 17/02: $0.0699
- 11/03: $0.0906
- 16/03: $0.0874
Whohoo!
Thanks for the data.
Thanks so much @cryptoeater for the information. I have for a long while been hearing about steemmonsters. I guess i need to join the fun by participating in it so that i as well reap some amazing great lucky rewards. Can i engage you abit? Have you backed up Utopian in its latest Indiegogo campaign?. Steemmonsters and SteemStem are some of the partners in this wonderful Utopian innovation. I have written a blog post about this campaign. Below is the link to it. It might interest you.
https://steemit.com/utopiancolony/@yohan2on/txyuhzn-back-up-utopian-on-indiegogo-by-purchasing-some-of-its-steem-secret-bundles-17days-left
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This data looks good, yet i cant figure out Steem monster, maybe there's a tutorial somewhere mate.
Hi! Do you have Discord? If you're interested in playing, I'm sure some people on the Steem Monsters Discord would be happy to help you out. If you want, you can also add me on Discord and you can ask me any questions on there! My Discord is cryptoeater#5209
Sure thing, adding you up right away