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RE: Improving posts quality, user interaction, and SPORTS utilization on Sportstalksocial
Will entry fees be burned for user submissions? How long will winning submissions last for users who win?
Will entry fees be burned for user submissions? How long will winning submissions last for users who win?
The entry fees will be powered up and delegated to the winners.
With 10 users participating, it means a total of 10,000 Sports entry fee. There will be 3 winners that will share the 10,000 SPORTS delegation. This will encourage curation and decrease the SPORTS in circulation.
This is subject to modification such as promoting the user analysis post. With the recent burning plan in place by @sportstalksocial, winners post can be promoted with the entry fee. This is a win win situation for the winners and the Platform. A good percent of the Sports get burnt and they got the exposure.
The competition will run weekly.