Topic: ⚡ [ANN] ⚡ DeepOnion TOR ⚡ DeepVault ⚡ Cryptopia 🚀 Airdrop 24/40 🚀 WE DOMINATE! - page 569. (Read 1167597 times)

Is that a must do step? or optional?

bounty 17 week requests thread just opened
and you can be first there !
https://deeponion.org/community/threads/request-your-bounty-here-17th-week.6580/

bounty 17 week requests thread just opened
and you can be first there !
https://deeponion.org/community/threads/request-your-bounty-here-17th-week.6580/

A BIG THANK TO defc0de for the post:

I did quick math of the new model for airdrop distribution as there where many others complaining about the unfair system. I used the average of around 7.6% rate of drop for the main airdrop participants (not the Deep points one) and used the data of the 16th round distribution for my calculations from this thread: https://deeponion.org/community/threads/some-interesting-numbers-for-todays-airdrop.6228/#post-92779 (Some Interesting Numbers For Todays Airdrop)

Number of Payouts: 368
Sum Airdrop Amount: 225,000 ONIONS
Average Payout: 611.4130434783 ONIONS
Highest Airdrop Payout: 7,644.36458134 ONIONS (1250% of avg.)
Lowest Airdrop Payout: 7.6283368673 ONIONS (1.25% of avg.)
Number of Participants above avg.: 117
Number of Participants below avg.: 251

Number of Participants above 1000 Onions: 37
Number of Participants above 2000 Onions: 18
Number of Participants above 5000 Onions: 7

Number of Participants below 100 Onions: 93
Number of Participants below 50 Onions: 82
Number of Participants below 20 Onions: 65
Number of Participants below 10 Onions: 42

Calculation for round 16 + future drops:

Round 16
Top Holder - 100,583 ONIONS x 7.6% = 7.644.36 ONIONS received (the highest holder will have about 100K+ onions if he received 7k+ onions in a 7.6% rate.)
New Participant - 100 ONIONS x 7.6% = 7.6 ONIONS received

Round 17
Top Holder - 108, 227 x 7.6% = 8,225.27
New Participant from Round 16 - 107.6 x 7.6% = 8.17
New Entrant - 100 x 7.6% = 7.6

Round 18
Top Holder - 116,452.27 x 7.6% = 8,850.27
New Participant from Round 16 - 115.77 x 7.6% = 8.79
New Entrant - 100 x 7.6% = 7.6

Total After 3 Rounds:
Total Top Holder - 24,719.9
New Participant from round 16 - 24.56
New entrant each week - 7.6

With these data at hand, we can clearly see from the calculations that the distribution leans more towards the large holders and early participants as there is a humongous gap between them and the post 16th airdrop participants (a thousand times more). It gets even worse as the coins they receive from the future airdrops would be multipliers for the succeeding ones. If this goes on, the coins would only be held by a handful from the top (above 1000, 2000, 5000 = which is just about 62 people in total).

Now my question is, is this a healthy situation for Deep Onion in general? In my opinion NO, 62 people owning a very large percentage (which still grows as the weekly airdrops come) is a worse scenario than the hundreds of bitcoin whales that manipulate the BTC market right now.

The airdrop should have been the solution for a fairer share for each and the vector for general mass adoption, but with the current system, it looks like it would make the DO whales a larger whale and the new participants would be left with dust particles of the Deep Onion supply.

I hope the mods and people here in the DO community can shed light to this. Hoping the best for you all.

Hello DeepOnion members, I just finished making this article at Medium, sharing some points about DeepOnion, shared it on Facebook and Twitter already. Hopefully, it helps to new people to discover and use DeepOnion wallet and all its great features!

https://medium.com/@USBitcoinServcs/deeponion-in-2-new-exchanges-7016e1a6dce2

Indeed the mods are given very good conditions and rewards... but if I understand correctly, the dev team are hiring new mods all the time, if you have time and active and want to contribute more for the community, then you can become a mod and get the same reward as them. I personally think 5x reward is a bit too much, but something like 3x will be reasonable...

I agree with those points but i still believe there is something wrong with the way mods are calculated, takes these 2 cases:

Take a very active mod (5x, not sure how many receives this or how much work it relates) with 30k coins gets a weight of about 5x10k + 20k*1.2 = 74k
Now a normal user that received the same amount 30k (theres not alot of those yet) 10k + 20k*1.2 = 34k

Now lets put that in the spreedsheet (cant remember who shared it), the results are like this:

Mod: 465k at the end of the airdrop
Normal user: 213k

Thats a difference of 250k onions, for the 25 weeks that is left.  At current price of 0.65$, thats is 165k$!  For 25 weeks of work.  If this is a salary, i think its a hell of a salary (avg of 6500$/week).

If you think ive miscalculated some part, let me know, its possible that i dont grasp the whole situation.  If im right, then im sure i wont be alone to think that this might be too much...

I believe the heart of the problem is the support factor (because its non linear), i like the new formula and its weight concept thou since i think its an elegant way to fix the multiple accounts problem, preventing account harvesting...

Yes, me too. I like the idea of a fairer distribution based on the coins a person holds, but it can't be good if onion exchanges can just be dumped completely if one person receiving 23k coins each three weeks decides to cash out

I agree with those points but i still believe there is something wrong with the way mods are calculated, takes these 2 cases:

Take a very active mod (5x, not sure how many receives this or how much work it relates) with 30k coins gets a weight of about 5x10k + 20k*1.2 = 74k
Now a normal user that received the same amount 30k (theres not alot of those yet) 10k + 20k*1.2 = 34k

Now lets put that in the spreedsheet (cant remember who shared it), the results are like this:

Mod: 465k at the end of the airdrop
Normal user: 213k

Thats a difference of 250k onions, for the 25 weeks that is left.  At current price of 0.65$, thats is 250k$!  For 25 weeks of work.  If this is a salary, i think its a hell of a salary (avg of 10k$/week).

If you think ive miscalculated some part, let me know, its possible that i dont grasp the whole situation.  If im right, then im sure i wont be alone to think that this might be too much...

I believe the heart of the problem is the support factor (because its non linear), i like the new formula and its weight concept thou since i think its an elegant way to fix the multiple accounts problem, preventing account harvesting...

Why do developers not make airdrop for everyone who has an onion?
For example, as BTX. This distribution is more fair

I would request you to keep the mods and the supporters out of this distribution and the recreate the whole calculation
The reason for asking to analyze dat that way is
1) Mods and supporters put daily 6-8 hours in this community to make sure that everything is on track
2) You can consider Mods and supporter share as a "salary" than just an "airdrop"
3) Mods will lose all of their privileges if their balance goes < 10K at any given time
4) Same is true for supporters
5) Without higher benefit for the higher balance/holders there will be no incentive to buy onions from market
6) without increasing price there will not be any interest in holding onions which will spiral into the death of a wonderful project
7) By giving higher rewards to holders who have the highest power to dump the price to zero, we keep their interest in the project so the project and the holders have multually beneficial relationship which is necessary for any business

Once again, I thank you for a good analysis. I would just like to see a revised version of the analysis and your response to reasonings above.
If you have suggestions please let us know. We are always there to hear you out

At average people got 7,5 percent of their current holdings as new Onions this airdrop.
So if he got 7 new Onions then he should have had around 100 Onions in his Wallet before.

You could easily earn 100 Onions on the Deeppoints airdrop on Sunday. It is too late for tomorrow airdrop but if you actively participate in the community for a week, you can earn 100 Onions easily. The top performers this week are about to get over 500 onions in this airdrop. There are also a lot of people who will get 200 Onions easily. I tried myself, I wasnt too active but I am expecting 75-100 Onions tomorrow.

Thank you for reciting this post. Sadly, I dropped out of DO Application for the first time and do not intend to buy 100 Onions just to take part at the airdrop. This is quite unhealty for the future of the coin, but I guess it will still gain a big value because of the already existing amount and the signature bounty.

Good luck with deep Onion for the future!