Hello everyone,
We have begun testing out our new FB bounty sharing system. Where projects can share interesting links regarding their project via Facebook.
You can check it out here: https://bit.ly/2N5ykXW.
Project admins can place multiple links they want promoted such us blog posts, bounty campaigns or even their website in return for the projects tokens. Once the FB bounty expires, the tokens get distributed out. If the project is in Pre-ICO and tokens are not distributed yet, it will be virtual until their smart contract sends out the tokens after ICO completion which will be available and showcased on your profile page.
Stakes represent your influence. It is determined based on number of followers and friends. With this system a share from one person with 1000 friends count as 5 shares of someone with 100 friends. In addition, your FB account must have a minimum of 50 friends/followers.
List of stakes
1 stake per share: 50 - 100 friends
2 stakes per share: 101 - 300 friends
3 stakes per share: 301 - 500 friends
4 stakes per share: 501 - 1000 friends
5 stakes per share: more than 1000 friends
When the task expires, the task will be closed and you will receive a piece of the reward based on how many stakes you received.
Limits
Every user can share the same item max 1 time per day and max 5 times per week.
In case of low participation there is a limited max reward per user. The default is 1/1000 of reward. Also, there is a minimum a user will receive for each share. Therefore the task automatically expires if this threshold would not be reachable. The default is 1/50 of total reward.
Example
We have a Bounty task with 50,000 TOKEN. We set minimum reward to 100 and maximum to 1000. Now, if only 20 people share our post (assuming each have just one stake). we only spent 20,000 (20 x 1000 (Maximum reward). The rest can be used for other tasks.
We can get maximum of 500 stakes (eg. 500 shares from people with 100 friends) in this example..
Please try it out and give your feedback. For example, should we showcase maximum and minimum reward that can be given? Do you understand the stake system presented? What do you think of the layout, is it simple to use for sharing when you participate? We look forward to hearing your feedback!
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