Dev do you stake with the coins which are not transferred off the website?
Do you split the reward or who gets the reward?
If you're looking for a fast answer (in case devs are busy), but please correct me if I'm wrong. Just eager to help people get set up and understand this.
For your GBT to be staked, they must remain in your wallet. Mine's on my desktop and off the website. Coins can't be staked if they're on an exchange. Once they're staked, you can register an address (coming soon) and it'll be paid out in BTC or in GG.
I did these calculations for myself because I was curious about how it scaled.
Say you have 10,000 GBT and there's an availably supply of 21,013,233 coins right now. So 2000 / 21,013,233 is 0.00047589%. So you have a 0.00047589 % stake in the company. That piece of the pie is yours and from now on, a company earning percentage will go to you. GBT on their announcement used an example of 10% level and the company earned $72,000.00 in a payout cycle that means $7,200.00 (10%). So my stake of only 10,000 GBT right now is 0.00047589 and 0.00047589 of their 10% payout cycle of $7,2000 would mean I'd receive $3.42.
So to summarize, how much you earn is directly proportional to how much GBT you have and how much
www.gamebet.gg is making. This isn't just buying coins, sitting on it, and waiting for it to go up. You benefit by getting 7% return annually through POS, you gain your staked % from 10% of their profit, and when you bet at their site, you're also investing in the profit / yourself directly.
GBT also said that the numbers from their alpha and other calculations were modest too. I'm not here to give anyone financial advice. But I hope you can see where this is going... There are hundreds of esport games played daily and it's an untapped market with the crypto world.
These guys might be very well the first people to allow just about anyone to bet easily on games. We're already playing it. Why not bet too right?
if you haven't signed up yet and found this helpful, let me be the man to help you out and refer you
https://www.gamebet.gg/?r=865
i'll send you 100 free gbt too after your first bet! Thanks for this answer but thats no answer for my question.
I asked who gets the POS reward of the coins which are not transferred of the website.
On the richlist it looks like that the biggest wallet is staking. So I think that the devs getting a big interest on coins they do not own and I wanted to now if they spilt the profit between all people or if they get the staked coins