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RE: THINKING ABOUT ORGANIZING A WRITING CONTEST? HOW WOULD YOU MANAGE A 300 STEEM BUDGET?

in #steemit6 years ago

Hi @crypto.piotr, yes it can be a headache when you have too much rewards and try to distribute them in the best way :D

If everyone could receive some reward by dropping a valid comment that will be great. I would suggest using Tiers to decide rather than the actual number of comments.

Example below:

You received 120 comments, 20 comments are spam and 100 comments are quality comments that you can categorize into different Tiers.

TierProportion (n=100)PrizeSTEEM Per Comment
Tier 0Spam or low quality--
Tier 140-55%50 STEEM0.9 - 1.25
Tier 225-40%100 STEEM2.5 - 4
Tier 35-20%150 STEEM7.5 - 30

The idea is for you to quickly put comments into different Tiers without worrying who is Top 5, Top 10 etc. This should work for any n comments you receive.

At the end, the comments in each Tier should be within the proportion given, so that the lower Tier will not be receiving more rewards than the higher Tier.

The final reward for STEEM per comment will then be calculated based on number of comments in each Tier.

Best,
tysler

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I love the fact that you're so very responsive @tysler
Steemit needs more people like yourself :)

Cheers
Piotr