Dear STEEM community,
First of all, I'd like to thank all of you for the overwhelming response on Super 8 Ball Club announcement. It made me feel that my months of efforts finally paid off. My biggest thanks to @lukestokes for his kind delegation which allowed us to distribute the prize to the winners, and also to @donkeypong for his help in distribution of prize to the winners at the time when I was developing the voting bot for the project.
Super8BallClub's Official Website Google Play Store
In case if any of you missed the announcement post, here's an important snippet:
What is Super 8 Ball Club?
You can download the game from Google Play Store. All the registration procedures are explained in that announcement. If you're hesitated to show your picture on the blockchain, you can hit me up on Discord and send privately to me I'd help you verify your account quickly. Here's our official discord support channel: https://discord.gg/GXR88FT
Today, I'm really excited to announce the following things:
- Profit sharing program for delegators
- Changes in the model of rewards distribution to gamers
- Referral program
Let me start with the most exciting announcement first.
Profit sharing program for delegators - Take away all the SP of author rewards:
We are introducing the greatest profit sharing program for delegators where the rewards potential is unlimited and you don't even need to fear about anything like voting time etc. Using our profit sharing program, you'll take away all the SP from the author rewards. We don't use lottery-based system nor we randomly choose any top 10 or top 3. We're all about equal distributions and we're here to eliminate the inequality.
Using our profit sharing program, you'll earn a minimum of 37.5% rewards. That's 12.5% more than STEEM official curation system. And wait! that's only a minimum. It is very likely that our post will generate profit from others' votes as well and that's why we say that the potential of profit is unlimited. STEEM official system rewards 25% to curator and 75% to author (37.5% SP and 37.5% SBD). Using our program, you'll take away all the SP rewards of the author.
We use the following formula to calculate your profits:
Your delegated SP/Total delegated SP * Author SP rewards = Your profit (from minimum 37.5% to unlimited)
Note: The minimum delegation to earn profits using our profit sharing program is 500 SP.
It means that you'll earn a minimum of 12.5% more than STEEM official curation rewards system with us, as curation rewards are 25% and using our program, it will be 37.5%. We believe that delegating to @super8ballclub using our profit sharing program is much better than vote selling. Here's why:
By delegating to @super8ballclub, not only you're earning 12.5% more than official curation system, but you're also supporting a project that is targeting 100 million people. You're helping a project which does equal distribution and gives everyone a fair chance to earn more using their skills. You're helping a project that can bring millions of users to STEEM blockchain in a very short period of time. As a result of such an increase, STEEM will be distributed widely which will surely have a positive impact on STEEM price. Therefore, by delegating to us, you're helping the STEEM blockchain to grow.
Come on, aren't you aware of the impact Cryptokitty had on Ethereum blockchain? Remember how Ethereum blockchain became congested? They ended up using most of their resources due to the impact of Cryptokitty. STEEM blockchain, on the other hand, can handle such a congestion and that too without using most resources. It's time to prove to the world that STEEM blockchain is superior to other blockchains.
How will profit be distributed to delegators?
Unfortunately, there's no direct and feasible way to deliver the rewards to delegators on the spot. The beneficiary system is limited and we can only add 8 beneficiaries. That's not scalable at all, considering the possibility that (hopefully) there will be many delegators.
To distribute the rewards to delegators, we'll power down every week and transfer your earned profits accordingly. Using power-down, we'll be able to unlock 1/13th of your profits every week. To get the most out of power down operation, we'll start a new power-down every week so that we could start transferring the latest earnings of delegators too. It will take 13 weeks for us to completely deliver your profits but we'll be transferring 1/13th of your profits every week from our @super8ballclub to your wallet.
Changes in the model of rewards distribution to gamers:
In the recent days, the activity of gamers boosted and we received a dozen of payout requests from gamers, it became so painful and difficult to manage 20 comments and assigning beneficiary for each. We had to set all the beneficiaries manually due to the limitation of 8 beneficiaries per post/comment. It made us realize that beneficiary system is not scalable at all.
Therefore, we're dropping the idea of using beneficiaries to distribute the prize. From now, we'll be using SBD liquid rewards to distribute the prize to the winners using our formula. In our recent app update, I've also updated the "Convert shares" tab to inform the gamers that they'll be getting SBD from now and not SP.
There are many advantages of distributing SBD rather than SP:
- There will be many new users on STEEM blockchain. It makes sense to give them the ability to withdraw some liquid money. As a matter of fact, everyone is skeptical when he is new to any platform. Using SBD, it will help us gain the trust of new users on STEEM blockchain. Not everyone understands the vested balance thingy.
- SBD lost its peg long ago. By distributing SBD rather than SP, we can try to achieve the peg again.
- They can decide on their free-will whether they want to invest on the platform or not. It helps to build trust and confidence and motivates the person to give back something to the community.
- We will no longer have to make hundreds of comments to distribute the reward. Rather, we can make 10 posts/comments a day and still distribute the prize to all the winners.
Referral program for gamers:
Steemians are demanding the referral program for a long time. Therefore, I'm pleased to announce a referral program for gamers (steemians). Now you can earn in-game coins by referring your friends and play big matches to earn higher rewards in SBD.
To encourage gamers to refer people, we've kept the rewards high for referring people to Super 8 Ball Club. Since you know that the game (Super 8 Ball Club) is powered by STEEM blockchain and in order to play the game, you'd need a STEEM blockchain account. Therefore, you can say in other words that this referral program will ultimately help the STEEM blockchain. We're expecting hundreds of thousands of people coming to STEEM blockchain (or even several million)
Please note that we only credit the in-game coins when your referred player verifies his account. The verification system is explained in our announcement post with great details. For referring each verified player, you'll get 1,000+ Coins to your Super 8 Ball Club account. Your referred player will get 250+ additional coins as a reward for using your name as a referrer. It will encourage people to use your name as a referrer to get those 250+ coins. Please note that we manually credit the coins to your Super 8 Ball Club account as soon as your referred user successfully verifies his identity.
How to refer people?
Simple, just tell them to write your name in "Referrer" field during the registration through Super 8 Ball Club and tell them that they will get 250+ additional coins for doing so. Once your referred player is verified, we will credit 250+ coins to his account and 1,000+ coins to yours.
We've introduced a unique profit sharing program where you can earn a minimum of 37.5% profit. That's 12.5% more than curation system by STEEM blockchain. In order to boost the user base, we've announced a referral program for steemians. Now you can refer your friends to the Super 8 Ball Club game and earn in-game coins which let you play big matches and help you earn more SBD. Remember! You don't lose anything when losing. For more details, please read our game announcement post here.
Please delegate to @super8ballclub:
By delegating to @super8ballclub, you'll earn 12.5% more profits than curation system. We will make the winners announcement and payout posts every day from @super8ballclub and we'll be upvoting them. Every day, there will be 10 posts to spit 10 full votes. From each post, 25% curation rewards will go to the developer and team, SP author rewards (37.5%) will go to the delegators and SBD rewards (37.5%) will fund the reward pool and will be distributed among the winners.
Please help us increase the reward pool by delegating to us. You can delegate using the links below:
500 SP, 1000 SP, 5000 SP, 25000 SP, 100000 SP.
Be sure to leave at least 50SP undelegated on your account.
Note: The minimum delegation to earn profits using our profit sharing program is 500 SP.