"I'm going to talk a little bit today about how you can make money on Peerplays. That's what everyone wants to know and that's a very good question. There are a number of different exciting opportunities that I want to share with you guys. At the top of the list, this is what's going to set Peerplays apart from everyone else or any platform that exist right now. And that is that the core token holders of Peerplays will receive regular profit sharing payouts from all of the network fees that are charged on the Peerplays network.
So there's a number of different fees and I'm not going to go into all of where those fee points are, but like BitShares the Committee itself is going to have the ability to toggle a lot of those fees and set them for most of the operations.
However the main draw is the ability and the feature which will allow the Peerplays network to charge a rake fee, which is a percentage of a jackpot, percentage of jackpots that are being paid out for tournaments. And that rake fee will be split through a smart contract and distributed at regular intervals to the accounts of holders of core Peerplays tokens."
-Michael Maloney (aka CryptoPrometheus), Communications Specialist
Source : May 6th Beyond Bitcoin Hangout
Hi Michael,
This is very cool. I'd like to get some business projections for this industry. So are token holders paid automatically by the contract or is there a manual labor clicking buttons? What about transparency? How do you think future transparency will be managed?
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Thank you for your questions,
Yes, profit sharing is paid automatically to the holders of core tokens. The funds are sent directly to their accounts at regular intervals. Please see the Peerplays whitepaper. and also the Peerplays FAQ for more information on profit sharing.
Our profit sharing module for Graphene will be released publicly on July 1st, and we will be presenting more information on the technical specs of that a week or two before.
As for transparency, the entire code base is open source.
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