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RE: Doing a Reverse Auction to get my hands on 250,000 POCKET (and it starts at 5 SBD)

in #pocket7 years ago

One question you can ask is; are people in because of the give-away?
Maybe it should be the other way around, pay 500 and you're in.
Also if you lower the prizes by half it still is attractive to play and a chanche to win a lot of POCKET!

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Asking POCKET from participants for an entry in a contest which gives chances to win SBD (or Steem for that matter): that's an excellent idea! You're right, maybe it should be the other way around (me asking for an entry fee) since the creation phase is over! But lowering the prizes? I'm not sure since there are a couple of things to consider regarding the MLS Contest:

  • Soccer is far from being the most popular sports in the U.S. & in Canada where the MLS is located, and football is the most popular sport on the planet but MLS barely makes it the top 10 leagues in the world (I like to promote MLS as much as I do for POCKET since I'm a fan of the league; just making the precision before anyone suggest that I should change sport and/or league)
  • This is a relatively small contest (10 people could easily go back down to 4-5)
  • It's a brand new contest which I would like to sell the idea to people, and that is why I decided to give interesting prizes right from the start

Anyway, I might have to lower the prizes eventually if the contest ends up costing me to the point of running out of prizes to give. But I have a couple of ideas, such as handing out all kind of other coins prizes such as Synereo's AMP. Anyway, I'm definitely​ having fun with it. :-)

It were just suggestions.
Also not everybody has POCKET.
Mayby entry fee in POCKET or SBD and win POCKET and SBD?

I thought about it and I think I could reverse things and start charging at the beginning of the playoffs. I could mention this change in the six prior regular-season contests which would act as an incentive for people to get their hands on POCKET in preparation for the playoffs. I could flip from giving 500 to asking for the same amount (or 1,000 but then maybe I would have to up​ the prizes) in the other six playoff contests.

Thanks for the suggestions!

I like the ideas of charging opposite currency to win. So 500 pocket wins x SBD.
And maybe .5 SBD = x amount of pocket.
I may try implementing that concept in one of my contests. Great discussion for sure.
Together well figure it out! Keep thinking and growing. Try new ideas and get rid of ones that dont go so well. Hit me up anytime. Glad to help. I try and at least resteem everyones pocket posts. I think its goin great so far!!

I wanted to hit you up with a Golovkin beating Alvarez bet today, but I didn't have the time between making this post, watching my Montreal Impact losing to the Minnesota Loons, and tinkering with the POCKET-Talks Discord server. B.t.w., we were talking about you in there, today. Discussing all​ kind of POCKET ideas like we are doing here. @jackmiller suggested this very idea of, and let me quote: ''Pocket Token Sports betting page, with an SBD giveaway on each post''. That's when your name came up.

Glad I didn't follow up on my bet since Golovkin vs. Alvarez ended up in a draw! haha

Nice. Im gonna have to come join up. Definitely loving how its going so far!!!
I keep posting your contest when i remember ; )

Cool! Yes!! Thanks :-)

Love the idea! Let's buy/sell advertising on posts with POCKET!

There u go! A whole nother industry. Take it and run. Open an ad service run on pocket for the whole steemit. Not junk ads. But just plugs in postings of things in the steemit community you stand behind. Buy and sell!!!

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