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

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123.jpgJust a few days ago, a good friend of mine (owner of account @crypto.hype) organized a small contest with a limited budget of 300 STEEM. I was in a way involved as I did my best to help @crypto.hype gain some exposure and to help promote his contest. I had a chance to monitor each step of it.

INTRODUCTION
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From the very beginning, part of me knew that the rewards system would be a bit of a challenge, and I was curious as to how @crypto.hype would manage to resolve it.

So, how do we structure the rewards system within a given budget? Based on my own experience I’ve learned that at the end of the day there will always be some unsatisfied people with the results. So organizing any contest is not an easy task and done wrongly can easily backfire.

Planning rewards system is all about attracting writers to participate and damage control. At the end of the day – the more bloggers will publish their own entries, the more of them will end up disappointed, up without any sort of reward. This is not an easy decision to make, especially once you’re organizing a contest for the first time and you cannot predict the amount of entries.

It’s a completely different story if you only attract 20 bloggers and very different if this number will be closer to 100.

@crypto.hype case

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Let’s have a look at the mentioned example and see how the owner of this account structured his rewards system. I would use this example as a point of reference in our little discussion today.
So …, he decided to reward the 10 best writers (total 310 usd worth of STEEM):

1st to 3rd Place: $60 worth of STEEM
4th to 7th Place: $25 worth of STEEM
8th to 10th Place: $10 worth of STEEM

This solution indeed focuses on 3 best published reviews, motivating bloggers to create really valuable content. Giving them hope to become the winner of 60$ worth of STEEM. Hope is a great tool, which attracts attention. It’s worth to remember that.
At the same time he didn’t allocate any funds to other participants, which I believe upseted some people. Perhaps he should have allocated 1-2 STEEM and transfer it to everyone who joined the contest, as a token of appreciation? Would it be a good solution?

How would you structure reward system having a 300 steem budget?

I will make it easy for you guys. Let’s assume that you not only know your budget but you’re also quite successful with estimating amount of entries. Your target is to reach 40-50 entries and you’re hitting the target right on the spot!

How would you plan your reward system? Knowing that you have 300 STEEM in your budget and you expect almost 50 entries in your contest?

My personal view

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Im my opinion providing very lucrative best prizes is a sign of short term thinking. This kind of approach will attract many writers following their hope to be chosen as a top-winner, majority of whom will end up frustrated and may never care about visiting your blog again. It may lead to confrontation and this is something we should avoid at all cost.
Personally I would suggest to allocate:

  • 20 rewards worth 10 STEEM each for best reviews = 200 STEEM total
  • and 30 small rewards of 2 STEEM as a token of appreciation = 60 STEEM total
  • bonus to reward exceptionally good writers or those who engage the most. 4 x 10 STEEM = 40 STEEM total

This solution will not attract as much attention as the previous one and definitely it may be harder to get quality writers on board, but it allows to avoid negative feedback and being accused of being bias. Which I believe is important. At the end of the day we all want to go and sleep with piece of mind.
It allows you to avoid judgements and minimize disappointments of those who participated. Bloggers involved will know from the very beginning, that amount of STEEM they can receive is limited but competition is not fierce since the most people will be rewarded for their work.

Share your view

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But then …. it’s just my own point of view and today I would like to ask each one of you, what is your approach to this issue? Please share your opinion with me. I think understanding the community can benefit all of us. So I will appreciate every single valuable comment.

And also I would appreciate if you could resteem this post. It’s not any sort of advertising this time around and I really like to hear opinion coming from as many people as possible.

Yours
Piotr

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  ·  작년

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

Hello there @crypto.piotr it is in deed a great initiative. Thanks for sharing it.

How would you structure reward system having a 300 steem budget?

Is a good question. I think the approach of giving between 5 - 10 prizes is good. I know from some my experiences that always it will be some people discouraged but this is normal. The thing is that everyone should feel part of it. So maybe:

  1. If you partner up with 1 or 2 curation communities you may give all the rest of competitors at least a vote so they may win some reputation, exposure and some Steem Power. This is what I think to do it more fair and also to motivate people within the contest.
  2. If you find a nice whale who may support you guys as well, at least for any contest, you can give more value in return.

Future Tip: If the contests grow enough you may consider to ask for a small amount of SBD or STEEM to each participant in order to power up(temporarly using @Blockctrades Sp delegation rent) then you may give more value.

I have a curation community but we only curate Spanish content, so if you plan to keep it up with the contests and also adventure into bilingual posts(ENG/ESP) I could you support you guys as well. We do have no more than 2,000 SP but we have a small trail so we may support a bit.

STEEM ON.

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I almost missed your reply @theghost1980 (I guess because you upvoted it and it ended up on top of the comment page).

All your points are quite valid. And finding whale to support contest ... that would be always the best solution :)

Thank you again for your amazing feedback @theghost1980

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It is a great idea this reward system that looks very efficient that could satisfy all the participants, it is very ingenious and will benefit many without doubt, with your vision on the subject

300 Steem seems like a pretty big contest to me.
Part of it depends on how hard the contest is and how big your following is.
If I was doing a contest I would probably require a 100% upvote to enter and perhaps maybe even a resteem although I'm personally not a fan of resteems.
Thanks for the wallet donation.

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i didn't take this into consideration "Part of it depends on how hard the contest"

that's a very good point @mysearchisover

Cheers
Piotr

Dear my friend Piotr, i am very happy you joined our Steem-bounty family, you are very good member of Steemit and your ideas are amazing, thats why i invited you and now you came here.
I agree with your proposal and i will resteem your post as my best satisfaction after HF20...:))

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You've inspired me to join steem-bounty and try it out. I want to see how does it work and if it is indeed useful tool. So far so good @intellihandling

Thanks for your great support buddy
Yours, Piotr

  ·  작년

I think more of a spread is a good idea. For the contest you mentioned, it is discouraging to put in an effort and promote the sponsor company and get no reward. But you still want to encourage quality with a solid top prizes. I think 30 steem for top 5, 10 for next 5 and 5 for the next 20 would be a good balance. Rewards the excellent, encourages those close to the top and recognizes decent attempts.

Posted using Partiko Android

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Thank you for your feedback @jk6276

So to summarize:

30 x 5 = 150 steem
10 x 5 = 50 steem
5 x 20 = 100 steem

So you would reward 30 bloggers out of 50 entries. I like it.

Do you think giving 1-2 steem makes sense at all?

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Maybe 4 * 20 and an SBI share for the rest. 1 steem isn't much but a decent shot at 4 or 5 steem is worth trying for.

Posted using Partiko Android

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I like that mix.

Hello my friend @crypto.piotr i am very glad reading your post today as it is talking about one of the most important issue on steemit based contest.

I can testify to this same issue with you because we became friends from your first ever contest and i didn't win the top prize but i was greatly compensated for my effort because i received a lot of reply and exposure on that post and i made some friend too including yourself.

Now like you said earlier it is your opinion which is a good thing because you are a good person and you have a good heart and you think a lot about other people's feelings.

Let me say this we have different reason for organising a contest, people do things different reasons and the fact that we have voalition means we can do whatever we have with our resources.

Hence i will say there is no certain way to distribute reward for a contest but the option you gave above is a very good one but i will make a suggestion that for the sake of long time friendship and to maintain a good relationship with the friends.

Top 5 = 25 steem
Next 20 = 4 steem
Next 25 = 3 steem

Though this might not attract a lot but with the situation of steem its going to be a great turn out. Cheers

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Thank you for your valuable opinion and your never ending support @deeclown

ps. Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

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Wow! Yeah i heard, i hope and i know you will enjoy your married life. Goodluck buddy will miss you for the little time you will be off radar anyways enjoy yourselves.

Thanks for thinking things through twice even at times three times @crypto.piotr. You have observed well, your friend, @crypto.hype. I would never say he did not do his utmost to satisfy the contestants, I would rather say, he failed to try and look at the aftermath of the contest already even before it started by considering different possibilities.

However, the reality is that, no matter how well you plan to do something like this which would pool different people of different nature or philosophy that in the end, some would still not badmouth the whole effort. But yet what matters is the figure of those who would praise the effort behind the contest and those who would do the otherwise.

My friend, dear... If 80% praised your effort and the rest 20% contemn you and all that. You have scored an A+. Go on rejoicing good soul. Sleep like a baby in bed. Lust with your wife and dream sweet dreams too. I am telling you Piotr, now, with emphasis, that that man who would satisfy everyone will never be born.

I am with you on whatever way you have or would structured or structure to distribute the fund to the winners to-be. I trust your resolves, now and always. God's blessings.

Sincerely yours,
@jodekss 😉

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Thank you for your valuable opinion and your never ending support @jodekss

ps. Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

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I am excited here as well my friend! Much more joy for you and her my dear friend! 😊😀😍

Although I participate in 'tightly contested' writing competitions a lot, the kind of contests I organize are those where almost everyone wins. I typically just throw out a question and invite people to share their views. Add a Steem bounty of 300 Steem and I think even the professional writers will be interested in dropping a comment.

With that, you simply have to vote bars on how much you like each person's reply. at the end, everyone gets something.

For a serious writing contest, I would suggest 50 SBD as bounty so all entrants can get something. and the remaining 250 will be reserved for best entries, say the top five entries ,with each level getting something higher.

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hi @iamthegray

would you be so kind and share link to one of your contests organized by you? I would love to see how did you manage it :)

thank you for your kind comment

I really like your idea of using steem-bounty.

yours
Piotr

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Hi @iamthegray

Thank you for those 2 links. Will check them out right now :)

Yours
Piotr

No matter what you do, you can’t please everyone so if that’s your target, then you already lost. I love your distribution but I have a small problem with it. I believe the winner should feel he or she has accomplished something. I would be very disappointed if I won a contest and I received the same rewards as the 10th or 20th person. Then I will target the 9th position because I will work less and receive the same reward as the 1st person. This is my opinion;
1st 50 steem
2nd 30 steem
3rd 20 steem
4-10 10 steem
11-30 5 steem
31-40 2 steem
41-50 1 steem

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I've noticed that you have resteemed my post. I appreciate your constant support @fredkese

Seriously big thx.

Yours, Piotr

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Welcome

Maybe consider keeping 3 top winners pay high, lower the rest a bit to give more rewards for all that try... say .25 steem for all entries or top 100 with more for top 10?

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Thank you for sharing your short but 'right to the point' view on that issue.

Appreciate @dynamicrypto

Personally I like a steep curve as it encourages users to push quality knowing they could get that high prize instead of just pushing out an average price and settling for an average return

  1. 80
  2. 60
  3. 40

4 - 10 : 10

11 - 20: 5

And maybe a bonus for those who created media like videos or infographucs

Posted using Partiko iOS

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I appreciate your never ending support and this great feedback @chekohler

ps. Just few more days and ... Im about to get married. Im so excited! :) I may take few days off from steemit

Yours,
Piotr

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Wow thats sounds exciting, all the best on taking the big step! Enjoy the honeymoon, maybe you can share a few shots in your next post when you get back!

  ·  작년

Being a computer programmer I always try and see if somebody else has already solved the problem. So we need a solo-competition that excites the winner, but also encourages participation. My mind went to golf, which has a very structure payment structure like this example. It seems like this method has been refined many years and would be worth considering.

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hi @rantar

What languages are you using as a computer programmer? Just curious :)

Thx for sharing your opinion on that topic.

Yours
Piotr

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  ·  작년

I've developed professionally in the past in Java and C++. Currently, my job is mostly PHP, but I've been learning Python for some side projects and it's the language that I've been using when I teach programming.

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Thx for reply.
I love to see how responsive you are @rantar

Im impressed with your knowledge.

Cheers, Piotr

Your proposal seems kind to me, there are 54 possibilities to win. Although I do not have much time in Steemit I have participated in many contests and I always return to them even though I have lost all the times. I like challenges and when I lose it is just an opportunity to continue exercising, learning and returning for the rematch.

You can not pretend to please everyone, nor reward everyone's effort. If a person is not a good loser, it is not your fault, it is their problem that they do not know how to handle their ego. I hope you remember this and you can go to sleep calmly every night.

Most bloggers at Steemit like contests. It does not matter that the reward is small.

I hope you have a lot of fun at your wedding. Congratulations!

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How is your english learning @thaishps ? Is there any particular reason why you're willing to learn english? Planning to move to US maybe?

Thank you for your feedback,

I hope you have a lot of fun at your wedding. Congratulations!

You're so very kind. Big THX! :D

Yours, Piotr

The answer depends on the nature of the content and the goals of the person who donated the 300 SP. The structure would be different for a sponsor seeking to build a community, a sponsor with a product to sell, a group promoting an event or cause.

There are many other questions, like is the content to be published somewhere?

SteemIt makes things more interesting because people often upvote each other's posts. It is possible to kill a contest by judging posts by upvote count as people will hire bots and won't vote for other contestants.

The contest really needs to be designed around the desires of the sponsor and the nature of the content.

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Thank you @yintercept for your mature comment

the goals of the person who donated the 300 SP

This is such a good point.

Thaks for sharing. Yours, Piotr

1st to 3rd Place: $60 worth of STEEM
4th to 7th Place: $25 worth of STEEM
8th to 10th Place: $10 worth of STEEM

Those prizes are huge.

If you only give the top 3 half of that, you'll still be attracting lot of participants.
That means you have + 45steem to share with the other participants.

You can send them a small upvote as a sign of acknowledgment by using for example an upvote bot like TipU - I assume there are too many contestants to upvote manually (unless you can gather some people who are willing to each take a part of the contestants to give them a manual upvote.)

You can give something extra for creativity, originality - there are no limits.

The question rises: are such pizes really necessary? whynot reward the top 10 entries, if you have 300 steem to giveaway?
Even then, you would still have plenty left to reward others.

If it is a writing contest, you can make a series of curation posts, in which you feature the other entries, so they will get more exposure.. (Maybe better to feature the authors, since the posts will have reached post payout by the time the curation posts will be published.

I'm just brainstorming here:
you could also give some extra rewards to people who engage with the other contestant's post - although that will be dificult to track...

Point is, there will always be people who will complain. The bigger the prize, the more complaints.

I'll keep thinking. If I can come up with something, I'll let you know

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You've a good point @simplymike

there will always be people who will complain. The bigger the prize, the more complaints.

You've nailed it. Thx for sharing your opinion.

Yours
Piotr

  ·  작년

This is an interesting problem. I the same dilemma not too long ago when I was running a content crowdsourcing event. I had a 100 Steem worth of rewards to give out and in the end I opted for rewarding the top 6 with 10 Steem and another 10 with 4 Steem.

In the end, I didn't manage to get the number of entries that I wanted. But I still got something. I guess there is no right or wrong when it comes to the rewards system. I think if you want to attract the best, then you have to give good rewards for the top entries. If you want volume, then spreading into smaller rewards probably makes sense.

In addition, have to considered rewarding Steem basic income shares instead of liquid Steem?

Posted using Partiko Android

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hi @culgin

I found SBI to complicated and most people wouldnt even know what is it. Organizing contest is already difficult and time-consuming.

ps.
you're very responsive which is absolutely great and steemit community surely will benefit by having you here.

if you would ever like to keep in touch and support each other closer, then drop me a message promib.pl@gmail.com.
This will allow us to communicate easier.

No pressure of course,

Cheers, Piotr

You are a GOOD man brother Piotr - keep up the great work!

Hello there, @crypto.piotr
I hope you are well & good. I agree with you that the reward system should be flexible enough to support the participants who made effort to bring something new & different, trying to win the contest. Win & Loss is the part of the game, so you don't need to lose heart on loss, as you may have gotten some good votes on your entries. Maybe some new followers & a chance to improve your blog for the next coming event. Trying Being Positive is the best thing.
On the other hand, It was @crypto.hype first contest. He will learn from the experience and will try to bring something more which will satisfy most of the participants. if more people will sponsor the contest, there will be more rewards and all is better.
Thank You for reading my views,
Regards,
@khan.dayyanz

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Thanks you so much for your valuable feedback @khan.dayyanz

Appreciate your time and effort.

Thank You for reading my views,

Thank you for your feedback.

Cheers,
Piotr

One of the reason that limited my morale in the contest is the that it only rewards 10 people lieving the masses to go empty handed. I knew a lot of people will join and the possibily of being 1-10 is very slim. Like you said if there are other incentives to support and motivate the first timers.

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Appreciate your comment @maxijgcomm

I like to know your point of view
Piotr

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My point of view still remain that some SBD/Steem should be allocated to those who made attempt in partaking in the contest. This will encourage a lot of people especially the looser to take part in another contest.

I think the initial reward system is indeed very lucrative and does not sound sustainable. That is unless your friend or anyone who holds a contest plans to do it one time and not on a regular basis.

Your suggested prizes still sound lucrative to me maybe because I have small wallet amount. 😊 But I think it will be more practical both on the side of the host and the contestants to start smaller and gradually increase the prizes as the host's account grow. This will be sustainable on the side of the host and a teaser for the contestants to keep coming back for something bigger.

And yes, I agree with your idea of spreading out the prizes so more will be delighted and compensated for their efforts. Though, the host need not compensate everyone. My suggestion is set the number of contestants to be rewarded. For example, main prizes go to the top three entries and consolation prizes go to 50 honorable mentions. Assuming the number of contestants are not met, the host can divide the whole pool prize among all of the contestants.

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Thank you @macoolette for your valuable feedback.

I really appreciate your time and effort,
Piotr

This is a very interesting question that you ask. I would come up with another approach. I think it is quite subjective to rank articles.
I would define some minimal requirements in terms of content (number of words, language, images and structure). Every entry that fulfills the requirement would get a price. Among all these entries I would then draw the one big winner.
Like that I can reward all the people who all did work for it.
By making it a draw I dont have to choose and rate. This means also that I dont have to disapoint people.
Everybody who takes part with a valid entry wins. So they might come again because they haven't worked for nothing. The big price acts as magnet to attract people.

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As always you're so supportive and your comments are puting smile on my face @achim03

ps. Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

  ·  작년

Having a lot of consolation awards to keep a certain amount of people engaged is an idea that has merit, but so does having one or two outlier "jackpot" prizes (with strictly defined qualification requirements) -- it lets people aim for greatness knowing that they're likely to get at least some reward if they fail. Plus the whole gamification, gambling and the expectation of reward aspects. So first, solitary 50+S prize in the pool. Let's go with 80, maybe throw in a special badge of honour they can display on their posts with a link to your contest (revokable). Option to spread that 80 to the rest of the reward pool as bonuses if nobody manages to even qualify for your strict requirements. 20S for up to 6 "runners up" who fit the strict requirements but didn't win #1, again option to spread if not enough qualify. 5S to reward 20 others who made some efforts. Upvotes for the rest, I guess? Additionally you can offer non-monetary rewards such as entries to a list for exclusive future contests (that are limited to list entrants) as additional consolation/reward.

Posted using Partiko Android

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BIG Thanks for sharing your opinion @eccles. I appreciate

cheers, Piotr

Hi dear @crypto.piotr Nice to say hello again.

Your goal defines your budget significantly, if you aim for prestige, you will need a high budget, if you aim for procurement, perhaps you might as well organize a writing contest, than a big competition. Define budget for incentives, goals, guidelines, the platform steemit etc.

Based on your organizational goals; point out the primary participant target for your contest rather. Defining the target participant audience is especially required to develop a strong communication and media strategy and to run an effective advertising campaign.

You must create and define a reason to attract and convince participants take their precious time to take part in your writing contest. Some incentives would be: award money, prestige, realization possibilities, job opportunities etc. Your incentives will affect the number of people significantly.

In most cases, the competition should be open to anyone of legal age, however in some cases, you might want to filter the participants based on your demographic or geographic targeting. This also applies, if you would need to limit the number of participants in the contest rather. Furthermore, you might want only to accept participants that fulfills a certain prerequisite therefore you might want to have a competition that is invite-only. Finally, you might plan to run a closed competition, for example by a predefined participant etc.

You should choose how the entries should be evaluated, judged, scored, voted, sorted, and ordered. It is important to define the evaluation methodology clearly and in detail as this information must be communicated to participants. Some evaluation methodologies do not require jury at all, but if there is a judging panel, we should also be defining the selection criteria for jury members and other relevant details.

Rewards promised to award winners or runner-ups should be delivered as stated in the initial competition announcement and call for participation. There are several times, when the organizer should devote a significant budget for advertisement. Especially the following events should be communicated and advertised extensively: Call for submissions announcement, entries open announcement, two-weeks before deadline announcements, three-days left announcement, results-announced announcement, and winners-rewarded announcements.

After the writing contest is over, it is intelligent to keep the steemit platform open. Furthermore, the platform can be later re-vitalized in order to arrange a new version of the competition.

Have a wonderful week
A big hug for you

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Wow. This is one of the best comments I've read today @euriguiwi2018

Thank you so much for your time and effort. and hugs :)

Cheeers
Piotr

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Hi dear @ crypto.piotr Thank you ever so much!

I want you to know how much I value your support.

A big hug for you

As a former stockbroker and financial professional, my first goal would be to make the contest sustainable, so in my opinion the first ten writers should be rewarded financially, and all other qualified entries should be rewarded with upvotes and resteems, as appropriate.

I've only read one other comment that took sustainability into account, and upvoted her for her efforts.

Minimal standards should be clearly stated and maintained, such as word count, subject matter and contest formatting, so that spam comments hit the dustbin where they belong, but worthy entries from those who read and followed the rules are given the chance of further exposure.

The bottom line is that, in any popular contest, it is not reasonable to expect that every entry will be rewarded, and frankly a lot are likely not to deserve any reward.

Resteeming worthy entries both conserves the prize pool and exposes worthy posts to the possibility of further rewards and recognition from the community.

If he wants to blow out his prize pool in one go, you have more than enough suggestions on how to go about doing so.

But if he wants to make this contest regular thing, conserving the capital should come first, the prizes should be smaller, and many of the rewards should be non-financial in nature.

Congratulations and Best Wishes for your upcoming wedding!

I hope that you and your bride will build a happy and successful life together for the long term. My best wishes for you both. ;-)

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hi @crescendoofpeace

I just had a chance to read your excellent feedback. Thank you very much for your time and effort to share your view. And for your kind wishes :)

yours
piotr

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Proszę bardzo, Piotr. ;-)

Overlooked this one. Replaced with upvote and will blog about this discussion later.

Posted using Partiko Android

  ·  작년

First of all, I would maybe try to reach people through commenting, even though it could be considered as spam and flagged. Sending wallet transactions seems more like spam and will less likely be read.

But on the other hand, it can't be flagged as spam, like the comments would. I think there are even bots automated to look for "spam comments", so I can see why you're approaching people through transactions like this.

But then to the question.

I would focus to the top posts. If I was to reach out to even top 10 level, I would leave only top 3 with high rewards, as in the example. It's possible not to even attract that many really good posts, so I would keep the top 1 as the clearly biggest one. It could actually a few good authors to participate.

Then on the other hand, giving 1 or 2 Steem rewards for all people who participate according to the rules would be a good idea. If it was left only as "all people who participate", there would be a risk for a bunch of participants who don't actually follow the rules.

I've seen also somewhat popular people have contests and getting very little participants and mostly low quality. This is one of the main reasons why I would prefer focusing the rewards to the top, as you don't always get even two good entries.

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hi @apsu

Thank you for your feedback. I value it a lot.

would maybe try to reach people through commenting, even though it could be considered as spam and flagged

Personally I'm trying to be as little spammy with comments and possible. I don't want people to think of me as a "robot". That would destroy engagement rate.

Sending wallet transactions seems more like spam and will less likely be read.

You're very right. Im still trying to figure out the best ways of promoting myself here on Steemit and this is just one of my ideas.

This is one of the main reasons why I would prefer focusing the rewards to the top, as you don't always get even two good entries.

Again, big thx for sharing your view
Piotr

  ·  작년

Hi @crypto.piotr

It is really worthy post to ask about managing contest and its prize share. Perhaps not only I, but also most of participants of contests might have different opinions and thoughts for rules and funds.

I would like to divide 300 STEEM into the following parts:

  • 50 Steem for 2 people (Top-2) —> 50×2=100
  • 25 Steem for 4 (3rd to 6th positions) —> 25×4=100
  • 10 Steem for 6 people (7th to 12th positions) —> 10×6=60
  • 5 Steem for 8 people (13th to 20th positions) —> 5×8=40

I know deciding part is not easier especially when multiple people did great write-ups. Making some rules would help at least for minimal.

  • Add a rule for minimum and maximum word count.
  • Add protocol rules just like in journalism.

I wish you will do conduct contests perfectly.

Best,
@r-k-m

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I just had a chance to read your comment @r-k-m

Thank you for sharing your view on that issue with me buddy. I really appreciate it.

  ·  작년

@crypto.piotr
I am a bit stickler for rules and believe the sponsor should get maximum exposure and the writer a fair incentive.
So 50 people get 2 steem for use of the right tags ,attractive title and following the guidelines
That leaves me with 200 steem
so 40 entries would get 5 steem each.
in case I get less than 40 entries The prize money would be re-distributed among-st the winners.
Hope this helps

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I appreciate you sharing your opinion with me @alz190

cheers
Piotr

This is a particularly difficult topic to figure out. I'm not sure the best method to run these contests. I think that large rewards for top 10 writers is a better format. You won't be able to please everybody unfortunately but those who wrote well should get rewarded more than those who wrote not that good. I didn't win your first contest that I entered, the Cotton Coin contest, I didn't even make it in the top 10 if I remember (I could be wrong, I know I didn't win though). I felt I had a good entry but at the end of the day there were other entries that were just better. I think having a similar format to those contests is good; you had a lot of entries but had some people judge the entries to narrow them down and help you figure out what ones to read and what ones to not.
My thoughts - can't please everybody, if there are truly quality writers that are entering your contests they will do it. Reward the good writers well and reward the decent writers less but not nothing.

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As always you're so supportive @cmplxty

Im glad to read about your past experience.

  ·  작년

The point of he contest or at-least a major aim would be to create quality content on the subject you sponsor. The reward should be big enough for the winner- so the experts are attracted and at the same time be distributed enough to attract new blood, out-of-the box ideas. 300 STEEM is a Large amount so the first three can have a hefty reward and the rest may be shared. For Example:
Rewards in STEEM
1st place : 60
2nd place : 40
3rd place : 20
4th to 10th place : 12
11th to 40th place: 3
Bonus for special entries- good art, video or collage: 3 ( as many as there are possible)

THANKS FOR ASKING- A NICE WAY TO INVOLVE STEEMIANS
KEEP STEEMIN!!

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Indeed @sarez, creating quality content should me main reason to create contest.

But at the same time noone wants to destroy his own reputation to satisfy contest sponsor. And that's why it's important to limit amount of frustrated people, who end up creating quality post and receiving nothing.

THANKS FOR ASKING- A NICE WAY TO INVOLVE STEEMIANS

Thank you for your reply :)

Yours
Piotr

Hello @crypto.piotr
As always, a pleasure to read what you write, and your approaches are very interesting.

Your proposal of distribution of the prizes seems to me very successful, and also equitable, I believe that the participation would be very good on the part of great amount of users.

Now, having a specific budget of 300 steem and waiting for a participation of about 50 users, I could consider the following distribution:

Particularly I consider that it is difficult for everyone who participates to be satisfied, because the majority who do it will want to win and by not doing so, there will be incorfinity.

Like every act that is made public, it is subject to criticism.
Then it would give 3 big prizes, could be 50 to the first place, 30 to the second and 20 to the third.
by participation would generate one of 2 steem to each participant, a little to assess the time invested.

It would also offer 10 special prizes of 5 steem.

I would ask the Participants to value the other participants with votes, after reading their participation, that would help to make it more participatory.

I think that would be my proposal, everyone benefits, there are special prizes, and in addition to awarding winners.

In spite of that, there will always be someone dissatisfied.

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Thanks you so much for your valuable feedback @josevas217
Appreciate your time and effort

it is difficult for everyone who participates to be satisfied

It's hardly possible.

In spite of that, there will always be someone dissatisfied.

You nailed it. It's all about controling the damage.

Cheers,
Piotr

I think the gift for the all people involved is better.

for example the prize is 300 STEEM.

TOP 1,2,3 = 90 STEEM

TOP 4-10 = 60 STEEM

position 11-20 = 50 STEEM

and the participants (50 participants) who were involved but they were not included in the categories above, then 100 STEEM were given to them as a bonus.

what's the advantage, I'm sure every contest will be successful, because every participant will wait to do this

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Thanks for dropping by @ziapase

I appreciate your feedback. It's always great to know what other people think on that particular issue.

Yours, Piotr

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I just gave an opinion, and in my opinion, 80% of newbi in steemit think the same as me.

sometimes participating in a contest is the only easy way for the newbi to get income, I'm sure you know what a newbi's difficulties are in steemit. Keep smile

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I love your positive comments @ziapase

thx, keep smile :)

Hi, @crypto.piotr!

In my opinion, one way to satisfy all the contest participants should include an additional reward of a certain amount of company Tokens for the winners.

They could also include an Airdrops to make the competition more attractive, where all the participants would benefit regardless of whether they are winners or not;

for this I must mention the great work done by BYTEBALL which generated great joy to the participants who still keep half of the Tokens earned in their wallet to be released a few months later.

I also refer to the excellent contest held by the company COTTON COIN which also offered rewards in native Tokens.

The rewards within the Steemit.com ecosystem should have one part in $ STEEM and another part in $ SBD, in this way the contestant would play with the differences in value between them and get their benefit.

Additionally, they can give a bonus when publishing in some other platform such as: Twitter, Medium, Github, busy, among others.

Definitely this would greatly relieve the budget that is available.

Based on the 300 $ STEEM that you have on hand, you can perhaps distribute it in the following way:

1 = 60 STEEM
2-3 = 30 STEEM
4-7 = 15 STEEM
8-10 = 7 STEEM
11-15 = 5 STEEM
16-20 = 3.5 STEEM
21-30 = 2 STEEM
31-50 = 1.5 STEEM
51-60 = 0.65 STEEM

Directly favoring 60 competitors, who will go home with some MONEY IN THEIR WALLET.

I hope my comment has been useful for you!

Greetings to all!

Bye,
@nachomolina

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hi buddy

I appreciate your freedback @nachomolina

I hope my comment has been useful for you!

Your comments are always very valuable. Im so glad to have a chance to get to know you.

Yours
Piotr

I'd have top 3 prizes, then Top 5 prizes and top 10 prizes, in the sense that top 3 are much greater than the 4th and 5th place which are greater than the 6th to 10th place, while each tier has amounts close together. Then I would say the the rest of the prize pool will be equally distributed to all remaining participants. This means that it will have to be significantly less than the other prizes, and it also leaves room for 20 people to receive a nice little amount, or 100 people to receive a small token amount.

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Thank you @binkyprod for your feedback.

Yours
Piotr

  ·  작년

before I give my opinion,I will like to commend you for your honesty and openness u put in writing post.... It's pretty obvious that your views are 100% sincere and I really appreciate it.

In my own opinion, I think life is unfair and you can never truly satisfy anyone especially when it comes to competitions and stuff but still I think it's appropriate to compensate all writers that followed the rules correctly and tried their utmost best

It feels really bad and discouraging to spend time reading and doing research about a project then coming up with a good review but end up getting nothing in the end because someone else submitted a better review.

Also remember that people have different opinions about things,an article you think is not good might look just perfect to another person so judging is not easy at all I must say.

To be more realistic,writing and rewarding shouldn't be the main focus but rather consideration of the other party in any case.... 0.1 steem might look ridiculous and small but will always be better than nothing at all

Lastly try to make the prizes relatively close to each other so that others don't feel too jealous in the event of ending up as a runner-up

I hope your Keisha is in good Condition... My regards to her
Cheers buddy😉

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You're just so super kind @amec. I love the fact that we got to know each other.

I appreciate your feedback. Yours
Piotr

Thank you for inviting me to give you an opinion. I think that each participant of the competition makes certain efforts, which must be rewarded. So, if twenty participants, then the first five should get at least $ 30 .The reward for the other must be reduced in proportion to a busy place.My opinion.

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I just noticed that you've resteemed my post. Thank you @zlata777

Yours
Piotr

Hello @ cryto.piotr
The first five places must win an important prize to incentivize the effort to excellence, however you should also reward with 1-2 steem to the people who participate so that they do not lose heart.
When I started to participate in this type of contests I never won anything, there are very good people who always remain in the first places, but I decided to improve and read about it, little by little I am achieving better places and I even won a contest.
I think that instead of demotivating you, it should be a reason to improve.
Greetings and congratulations for your wedding.

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I love your never ending support @maeugenia

Thank you for sharing your opinion on that issue.

Yours
Piotr

I am relatively new to this point of view. Because I have neither participated nor created in any contest. But I will help you by giving an example with different views.

If you watch a running race, it has 8 lanes. No matter how many crores of players participate in the contest there will be 8 finalists and only 3 will end up on top. This doesn't mean that the remaining people who has participated in the contest are not the bad runners. But the point is at that particular second who is best.

Now coming to the second view Imagine you dont want to disappoint crores of people who has participated the race. But the organiser has to choose the best 3 and the Initial prize pool is already distributed for the best and the finalists. For those who are not the finalists they will also get travel allowances and participation certificates where so many factors involved. It depends on promotions, donations recieved, ads revenue and so on.

Now that you have two scenarios with different points of view. I guess you are the best to decide the right choice for you.

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You may be new to this point of view @kcherukuri but I still appreciate your feedback.

YoursPiotr

Hello @crypto.piotr. Thanks for wanting to know our opinion ....

I thought for a while before deciding to give an answer, however, I have come to the conclusion that in this contest is difficult to please everyone, and therefore, although we try to be as fair as possible, there will always be someone more susceptible than someone who will not be happy. But who said life is easy? So why complicate ourselves in trying to make everyone happy? the best thing is that we take care to be happy each in the way that we can best and share and spread our happiness to others who are also willing to be so simple and sincere. So I encourage them and I encourage myself to do any challenge where our intellect can exercise and we can give ourselves feedback.

If I managed a budget of 300 steem as a reward for a contest with 50 entries or participants, I would distribute it as follows:

  • the first 5 places ----- 30 steem ----- 150 steem in total
  • from 6th to 10th place ----------- 10 steem ----- 50 steem
  • from 11th to 20th place ----------- 5 steem ------ 50 steem

and the remaining 50 steem would be distributed among the 30 participants who did not win, but who participated and therefore the contest was possible

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It's always great to know opinion of your own followers :)

Thank you for your amazing comment @arquiatra

yours
Piotr

Hi @crypto.piotr. I ran some small contests in the past and some of them generated loss. In other words, expenses were higher than revenue of rewards. However, a contest could be used as a promotion strategy. I think that is better to organize a big community in discord or whatever plattform and then launch the contest

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Wow. You're first person from Colombia I've meet here on Steemit :)

thank you for your feedback @danielfs

I appreciate
Yours
Piotr

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I Hope you visit Colombia some day, there is a lot to see here. Regards, Daniel

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I indeed believe that Colombia must be wonderful place to visit @danielfs

If it only would be as safe as it is beautiful ....

yours
Piotr

Great discussion happening here on Steemit! Good for bringing this up as you knew personally how disappointed I felt when some of the participants were upset for not receiving anything.

We stated the reward however were quick to find out that some were left dissatisfied. It was hard picking a winner and we hope that we can get more people to join in the future, we really didn't wanna make anyone upset and hope to get more people join future Contests! Steemit is a great community and we hope to leave a good impression, so we will consider all the alternatives choices when it comes reward distribution next time

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Im glad @crypto.hype you don't mind that I used your contest as a base for discussion.

It was hard picking a winner

It really is hard and time consuming.

All the best buddy
Piotr

Dear @crypto.piotr
Indeed this is a very important issue faced when you create a contest.

I had checked @crypto.hype call for entry post and I was really impressed by the way he has explained all the aspects of the project. So it becomes easy to understand and the bullet point highlights make reading and understanding the concept of the project very easy.
Also the prizes are pegged to USD which is good specially when steem and other crypto keeps slipping.
Now coming to the question of the reward structure.
I feel the more people winning is a better incentive for participants and it encourages more people to participate and less people getting disappointing.
So I would prefer the structure

Personally I would suggest to allocate:

20 rewards worth 10 STEEM each for best reviews = 200 STEEM total
and 30 small rewards of 2 STEEM as a token of appreciation = 60 STEEM total
bonus to reward exceptionally good writers or those who engage the most. 4 x 10 STEEM = 40 STEEM total

In addition the qualifying post could earn rewards for performing other tasks such as

Sharing post on other social media like twitter (if the brand sponsoring needs this kind of exposure)
Getting resteem or number of non bot comments
for example if You get 20 comments you get a bonus reward.If you get 10 resteems
( bonus to reward exceptionally good writers or those who engage the most. 4 x 10 STEEM = 40 STEEM total)

Another option would be keeping the long term community participation. Each writer would get one point for each entry.When they get a set number of points say 10 points for 10 entries in various contests they get a steem reward like 5 steem/sbd.
A way to fund the reward pool could be to make the 10 winners getting 9 steem each or
9 winnerers getting 10 steem each.
One participant can get one 5 steem/sbd reward only once so that all loyal participants can get the opportunity to redeem their loyalty points.There would be a tiered redemption structure. The tiered rewards mean one may not redeem 5 steem at 10 points but instead 12 steem at 20 points (just an example to keep the reward pool funded)

This should act as an incentive to participate in the contest.
So the memo sent out to the participants could read
memo: hey! there is a contest about crypto... bla bla. By way of participation in the community contests you have 7 points and are 3 points away from redemption.

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Thank you for your valuable opinion and your never ending support @thetimetravelerz

Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

Well, I will try to keep this e.g. short and simple

So as considering 50 entries with a budget of 300 Steem sounds not so bad :) .

Well, obliviously the prize should get distributed to all the 50 entries because each and everyone those who make that entries had put their valuable efforts and time. So, if I'm the organizer of the contest I will distribute the price whether big or small to each and everyone.

Distribution of prize to each and everyone will results in a good relationship with all the community members.

(You can say that organising a contest is like business and think that your “contest” is a “product”. So it's very necessary to keep good relationship with all the participants so that they can return to your “product”(participate in the next contest) again. And good relationship can only be maintain when everyone will get something for what they had done for a particular contest 😊😊 :) )

So, now I will tell you that how I will distribute 300 Steem among 50 entries :

First I will select

  1. 20 best entries and I will give each of them 10 reward as a Steem 20x10 = 200

  2. then to the rest of the 30 entries I will give them 3 Steem each 30x3=90 which will take the total to 200+90=290

Now we have 10 steems remaining

So from the remaining 10 steems. I will give 7 steems to the one who helped me throughout this contest

And remaining 3 steems I will use it for charity work :)

I hope you understand because I'm a bit bad in this kind of explanations :)

Have a great day and wonderful night 😊😊. @crypto.piotr

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Thank you for your valuable opinion and your never ending support @freecrypto

ps. Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

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Yeah welcome :)

And happy married life in advance 😊😊 @crypto.piotr

@crypto.piotr, Before I've never Organised any contest but for sure your IDEA is really sounding effective and that is because, if every participant receive something then for sure it will be an Boosting aspect and they will wait and participate in future contests too. And every work backs with effort for sure because, whenever we talk about the Writing pieces people deep dive into thoughts and imagination to create particular piece so, effort should be appreciated. Good luck for the future contests.

Wishing you an great day and stay blessed. 🙂

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Thank you for your valuable opinion and your never ending support @chireerocks

ps. Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

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Ha ha. Welcome and great to know that you are really excited brother. Have a blessed married life brother. Have a great time ahead. 🙂

The issue is people want something for nothing. Contests are riddles with this problem. I get it, it is good to attract people to share their views, but giving away 1 steem to someone for writing a comment that stinks, is not a good use of your budget.

I think giving prizes for the top 10 or 20 responses is a good way to go. Perhaps have 10 steem allocated for 'honourable mentions' that is not included in the budget so the people that didn't make the cut, but put in good effort, don't feel slighted and will try again next time.

Free loaders are all over the place and if they know that you give away a token just for showing up... they will show up and won't bring any value to your forum.

Reward those that deserve it. Set the bar and honour the bar that you set. If you are giving 310 steem away in the 60, 25, 10 fashion to the top 10, stick with it. If 4 other entrants really gave a good response, let them know with a comment, upvote or throw them a token that was not budgeted to let them know that their contribution was appreciated.

My 2 cents.

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Great 2 cents :)

Thank you for your valuable opinion and your never ending support @allcapsonezero

ps. Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

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Congrats! All the best to you both!

From the very beginning, part of me knew that the rewards system would be a bit of a challenge

Lols.. @crypto.piotr I observed that in you during the Cotton Coin writing contest you organized and this made you sought the opinions of others by selecting some professional judges to help you select best writers.

Based on my own experience I’ve learned that at the end of the day there will always be some unsatisfied people with the results. So organizing any contest is not an easy task and done wrongly can easily backfire.

Firstly, I want you to know that we can't please everyone. There are people who will always complain about the reward no matter how bountiful it is.

The fact is that some people don't really know what it takes in rewarding successful contestants. Some people may even see you as a bad person because they didn't win your contest thinking they were cheated.

It’s a completely different story if you only attract 20 bloggers and very different if this number will be closer to 100.

Actually, to me I think this is a sign of "sincere contest" and also the publication or advertisement is successful if such things happen. This implies that no one will ever want to take part in contest organized by scammers because some contest are sometimes fake and this turns people off making them to avoid taking part in contest.

Also the reward pool do attracts people. The higher the reward pool the more people you have applying for the contest.

This solution indeed focuses on 3 best published reviews, motivating bloggers to create really valuable content. Giving them hope to become the winner of 60$ worth of STEEM. Hope is a great tool, which attracts attention. It’s worth to remember that.
At the same time he didn’t allocate any funds to other participants, which I believe upseted some people. Perhaps he should have allocated 1-2 STEEM and transfer it to everyone who joined the contest, as a token of appreciation? Would it be a good solution?

The rewarding system of @steem.hype seems to be okay except for not rewarding other writers. Sincerely, it is not easy to come up with 200-500 words and then leave without getting anything. I wish heart adopted what you've mentioned about sending at least 1-2 steem or SBD to other writers just to appreciate their effort.

How would you plan your reward system? Knowing that you have 300 STEEM in your budget and you expect almost 50 entries in your contest?

Now let me answer your main question. If the number of entries is 50 and I am to reward with 300 steem.

First 10 Best Writers will share 150 Steem =10 steem for each best writers.

The second best 10 writers will be allocated with 75 steem =7.5 steem for each writer in this category

The third best 10 will share 50 steem =5 steem each for people in this category

The last 10 will be allocated with 25 steem = Each person gets 2.5 steem from this category.

Thanks for sharing this great post with love from @hardaeborla 😊❣️

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Thanks you so much for your valuable feedback @hardaeborla
Appreciate your time and effort

Cheers,
Piotr

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You are welcome 😁😀

Hello friend, well I hope not to be so radical with my answer, but thanks to the experience in my country, I consider that to obtain a minimum reward the post should meet certain requirements, (like minimum amount of words and images) if assigned such an amount is small just to participate, some people will look for the easy way and make a poor quality post just to receive the payment (since it would be insured)

I would distribute the prize like this
35 steem to the first
30 steem to the second
25 steem to the third
14 steem from 4 to 7
9 steem from 8 to 15
5 steem from 16 to 25
2 steem from 26 to 35
1 steem from 36 to 47

In this way only 3 (the three who made less effort) will not get any prize, I think it is normal that in all kinds of contests, the winners will always be much less than the participants, of course the campaign could also be approached differently , you could give a minimum amount just to make a post on the specific topic (setting some minimum parameters for the post to be accepted) in this case could be 3 steem per valid post, and only award to the first 5 places, first place 58 steem, second place 40steem, third place 30steem, fourth and fifth 20 steem

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Thank you for your valuable opinion and your never ending support @hendersonp

ps. Im getting married just in few days, as you already know it. Im so excited! :)

Yours,
Piotr

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Well, I tell you from experience, the best thing about getting married is the honeymoon hahaha, that you enjoy it very much
regards

a good friend of mine (owner of account @crypto.hype) organized a small contest with a limited budget of 300 STEEM.

Contest was great and I see so many good writers have joined the contest. Quality of articles were top notch. Great job @crypto.hype & @crypto.piotr.

the rewards system would be a bit of a challenge, and I was curious as to how @crypto.hype would manage to resolve it.

I think in any reward system it's hard to satisfy all. But this is great way to know what most people think - I am sure at the end you will get some great idea of managing contest with limited amount.

20 rewards worth 10 STEEM each for best reviews = 200 STEEM total
and 30 small rewards of 2 STEEM as a token of appreciation = 60 STEEM total
bonus to reward exceptionally good writers or those who engage the most. 4 x 10 STEEM = 40 STEEM total

This is good idea by the way & I totally agree that it will avoid this situation - "it allows to avoid negative feedback and being accused of being bias".

I never organized any competition and the way I am going to mention rewards may awkward or something but if someone gives me 300 Steem I will organize the contest this way (considering there will be 50 entries only):

1st Place - 40 Steem
2nd Place - 30 Steem
3rd Place - 25 Steem
4th Place - 20 Steem
5th Place - 15 Steem

6 to 10 - 10 Steem to each (Total 50 Steem)
11 to 15 - 8 Steem to each (Total 40 Steem)
15 to 20 - 5 Steem to each (Total 25 steem)
30 to 40 - 3 Steem to each (Total 30 Steem)
40 to 50 - 2.5 Steem to each (Total 25 steem)

First if I am going to organize any competition I will make sure everyone gets something for the work they have done and the time they have invested for the article. In this anyone will get minimum 2.5 steem at least. May be 2.5 steem looks small but I see some great articles here on steemit which have not earned 0.5 steem even. So comparing to that 2.5 steem is good amount. Also at every stage I try to put the amount that looks worthy to any competitor. This is hard thing to set by the way I mean the competition. Anyways this is my point of view on this.

Hope you will get great ideas and comments on this article @crypto.piotr.

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I appreciate your never ending support and this great feedback @flash07

ps. Just few more days and ... Im about to get married. Im so excited! :) I may take few days off from steemit

Yours,
Piotr

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It's really great my friend. Really happy to hear it. Steemit guys will miss you for sure but all are happy and praying for your good marrige life.

God bless you both 👍🙂

Posted using Partiko Android

I once hosted a writing contests @steemjetcontests when I had much time for steemit. that was when steem price was cool and an upvote was worth something

Like you said here

This is not an easy decision to make, especially once you’re organizing a contest for the first time and you cannot predict the amount of entries.

The contest I hosted had over 120+ entries and it was not as I expected.

It wasn't an easy thing to judge it. Took sleepless nights but then it was judged at the end.

From my own point of view I will suggest he splits the lots but still rewards better content creators, like the first five of 'em with the highest
Next 10 second higher.
Next 20 third higher
Then the next 50-70
can split the share equally.
Not all should be rewarded but all deserve atleast a consolation token for their time spent in writing.

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Thanks you so much for your valuable feedback @empato365

Appreciate your time and effort. Could you send me link to your contest? The one you reached 120+ entries? I would love to see how you organized it and learn from you.

Cheers,
Piotr

My good friend @crypto.piotr, i was a little busy and saw this late. However, here is my opinion: maintain a balance between rewarding good writers well and appreciating nice efforts. I have been in the top 5 of @originalworks contest recently and I tell you what? Its a terrible 3 days of reading, writing and researching to produce such articles. So if you dont reward the top guys ( sorry am not yet among them) hansomely, they will stop writing for you. Then the rest (we) that made efforts should be motivated too. $300 is a tight budget, but i will go this way:

Ist-5th = 55, 35, 26, 19, 15: total = 150
6th-10th = 14,12, 10, 8, 6: total = 50
11th-20th = 5 each = 50
21st-40th = 2.5 each = 50

With the above system, i would have made 40 persons relatively happy. In that contest, I came 4th and got 25. In this my system, i would have got 19, which is not bad too given the tight budget, but it would have made lots of other participants accomodated. I had a younger friend who nearly cried because of lack of appreciation for his efforts. So to avoid this, i will go with this type of system that seeks to reward very very good articles, while not overlooking smaller efforts.

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Im so glad to get to know you lately. You're proving to be such a valuable and supportive friend.

Thanks you so much for your valuable feedback @focusnow

Appreciate your time and effort.

Cheers,
Piotr

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Am delighted too to support your passion. Thanks once again.

One way to do it is use @steem-bounty. I would get everyone to post a link to their entry in the comment section. I would then upvote comments on a sliding scale based on which entry I wanted to reward more of the bounty to. This would cut back on the work of me having to do multiple transfers to different accounts.

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I just learned about steem-bounty yesterday and this is my first post while Im using it. Exciting! :)

Thx for sharing your view @rentmoney

Hello friend @crypto.piotr I used to participate in writing competitions and I tried harder and harder not to get a big vote from the patricinators; I looked at the list of weekly winners and there were contestants who were regularly in the prizes. I thought and I put myself in the positions of the judges for a moment and if I have friends and family that I can help because I do not do it, in the end I stopped participating for that thought.

Now I'll explain how I would do to achieve fair competition:

  1. I would place a topic of interest for me would be a sporting issue but it would be for me.

  2. That there was a limit of words and images to be used. That would be fair for everyone.

  3. I would use a unique tag for the contest: # cryto.contest to be a follow up to the publications and the contestants as well.

  4. A limit of contestants for example 100 entries. To be able to have time to review it.

Now the award:
All the contestants who have everything in order would divide 100 STEEM.
To each one from the winner to the last one.

To the:
1 ° = 25 STEEM.
2 ° = 15 STEEM.
3 ° = 10 STEEM.
4 ° - 5 ° = 7.5 STEEM.
6 ° - 20 = 5 STEEM.
21 ° - 40 = 3 STEEM.

All contestants would receive prizes and the contest would be as transparent as possible.

I hope I have helped you and I am successful in your contest, if you do it, let me know so I can participate.

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Thank you @edgarf1979 for sharing your experience with me.

Obviously feedbacks like your posts are very helpul. I appreciate your time.

Yours
Piotr

  ·  작년

Hi @crypto.piotr. Although I find your ideas for a contest particularly interesting, I must readily confess that, since I have no prior experience in conducting a contest, I can only offer very rudimentary input. I would say that the contest goals and rules should be well-defined and clearly communicated to all participants. The contest should generate broad interest within the Steemit commnity. Prize allocation should reflect each winner's originality and level of talent displayed. Finally, the contest should encourage spiritedly and friendly competition and have the potential to serve as a springboard for similar events. Hope that helps.

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hi @jaalig

Thank you for your feedback. I totally appreciate.

Also I've noticed that you didn't post in quite some time. Did you give up on Steemit? Hope not.

Yours
Piotr

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  ·  작년

hi @crypto.piotr
I have not made so many posts primarily due to the RC scheme that came into effect after HF-20. With a very limited amount of RC, I've chosen to take more time to insure that my own posts are of higher quality. Needless to say, this can involve extra time an effort. I have also chosen to comment on topics that I find of the greatest interest and where I can add value to the discussion. If you are interested, check out my most recent posts concerning Hardfork 20. I would greatly appreciate your thoughts. Have a great day!

Posted using Partiko Android

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Thank you for your kind reply @jaalig
Im aware how difficult it is to comment anything with very little SP and RC running out very fast

your
sPiotr

hello @crypto.piotr.
Thanks for inviting me here.

giving 1-2 steem is a good idea as many peoples do a lot to win some rewards.
suppose you want to select only 20 blogs; but there might be more good blogs which will not be rewarded and for that the reward should split into more peoples.
where you wanted to give 20 steem into 2 peoples; there you can split that into 4 peoples with 5 steem each and more peoples will be encouraged then and more peoples will be rewarded for their hard work.

i know i'm making it complex with my bad English.
but i hope you'll understand what i wanted to say.

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I understand you well enough @ashikstd

Thank you for your feedback buddy :)
yours
Piotr

  ·  작년

Good question. Let's take examples from real world like Formula 1 racing point system as much as few contests here on Steemit itself, like @originalworks. There are two important aspects to consider towards the point system (as in F1) or the prize (as on @originalworks). These are:

  1. Differential rating (or earning) based on position or rank
  2. A larger spread

What do these mean? The first point means that there should be some incentive for people to top and not just attempt to be in the top group. If the first 3 get the same point then they won't attempt to be one but just one out of three. The quality of output is therefore different. The second point means that while the topper should be awarded more but the general participation should also be rewarded. In doing so, more participants should be covered. Hence, the prize should be able to cover more participants.

Taking these points into consideration, this is how I will award the participants. This award system will cover around 45 participants for the award of 300 Steem.

Of course, we can play with the top prize to cover even more participants as the number of participants increase. Alternately, increasing the prize and then reworking the number of participants covered.

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From the moment in which one sees (300) steem woao .. the first thing that him comes to the mind is to come of first. But when time the table of premiacion to my opinion only deberian the first 10 places to be rewarded. This forces every participant to give the better thing of. And the one that does not achieve to be between the first 10 places his effort was obvious even many mas. this is in order that every person has major intention and if it is possible to double the prize of the first place serious very well
Well it is 150 steem for the first place and the rest they distribute between the remaining 9 places, in such a way that the difference between the first place always is seen as the goal mas coveted For future competitions

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Thank you @fjburgoscoronado for your suggestion.

i think it's very risky to give half of reward to first place. that would end up with outrage and as an person managing contest you would deal with many angry people.

But that's just my opinion. Thx for sharing yours.
Piotr

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in this way it is like doing a filter and that the gap between the first place is always the most relevant on the rest of the participants, with this I mean for example:
If I am an aspiring participant to be among the top 10 places, do I have to give my best? and if the result is that I am number 11 or even worse I am not even among the first 50 my reaction is to capture all the support and vital information to participate in futaras competitions, the essential thing is that people do not get discouraged because they do not have a prize but that they feel proud of having participated because the greatest prize that we obtain as participants is knowledge.
Of course this is just an opinion in the middle of millions of heads. millions of languages so to speak every head is a world. we do not all think the same. thank you for your response dear friend blessings for you

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Good morning buddy

Thank you for amazing comment. I appreciate your never ending support and your feedback @oivas

ps. Just few more days and ... Im about to get married. Im so excited! :) I may take few days off from steemit

Yours,
Piotr

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  ·  작년

Yeah, you should take a few days off my man! :) Congratulations once again!

Hi Piotr, another interesting post hehehe
I personally believe in Meritocracy, and I think that only a job well done should be rewarded. I think that rewarding mediocre work in some way demotivates those who do a good job. For this reason, I always think about the 80:20 rule and I think it is the most appropriate for your case.

80% of the valuable information will come out of 20% of the comments. If we are a little more sensitive we can do it 70:30 and say that 70% of the valuable information comes from 30% of the comments. This sense would be rewarding 30% of the comments made, which would correspond to: 50 * 30% = 15 comments. With this in mind I would dare to distribute 70% of the total reward among the best five (15 * 30%) comments, that is: an approximate of $ 40 in STEEM to each of the 5 best comments, so we would be having 200 $ of 300 available. To distribute among the remaining 10 comments we only have $ 100 left, which represents $ 10 for each one.

In my opinion it is the form that I consider most suitable. Maybe next time the number of comments will be reduced, but the comments obtained will be valuable.

I hope I could help you with something.

Yours

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Thank you for your input @luiscalzadilla

I like your idea of 80% / 20%

Thx for sharing. Piotr

  ·  작년

In a contest , only top get the good prize. I think giving top 3 same prize is not logical. There is no need to distribute prize to everybody but it is writing contest and writing took effort so a consolation prize for every legal and valid entry is fair. Having a good top prize will attract good writer.
so top prize will be 75 Steem with second 35 Steem and third prize as 25 Steem.
From 4-10 position each will be rewarded with 10 steem, so total of 70 steem.
From 11-15 position each will be rewarded with 6 steem, so total of 30 steem.
From 16-20 position each will be rewarded with 3 steem, so total of 15 steem.
From 21-30 position each will be rewarded with 2 steem, so total of 20 steem.
From 31-40 position each will be rewarded with 1.5 steem, so total of 15 steem.
From 41-50 position each will be rewarded with 1 steem, so total of 10 steem.
Total will be come as 295 steem.
so what about these 5 steem? top 2 user getting most constructive comments on their post will get 3 and 2 steem respectively.

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I just had a chance to read your comment @r1s2g3

Thank you for taking the time to share your view on that topic.

Appreciate, Yours,
Piotr

From the moment in which one sees (300) steem woao .. the first thing that him comes to the mind is to come of first. But when time the table of premiacion to my opinion only deberian the first 10 places to be rewarded. This forces every participant to give the better thing of. And the one that does not achieve to be between the first 10 places his effort was obvious even many mas. this is in order that every person has major intention and if it is possible to double the prize of the first place serious very well
Well it is 150 steem for the first place and the rest they distribute between the remaining 9 places, in such a way that the difference between the first place always is seen as the goal mas coveted

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Thanks you so much for your valuable feedback @fjburgoscoronado

Appreciate your time and effort.

ps. I've noticed that you wrote about WEKU almost 2 weeks ago. How's your current experience with this platform? Is it as popular as Steemit?

Cheers,
Piotr

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weku is a excellent platform I have no doubts. I just joined a couple of weeks ago
and already my reputation went up to 44. faster than here in steemit, of course the detail is that I started first in steemit and I already had more knowledge.
although I still have a lot to know. because I entered this platform but they did not explain almost anything. that is, they left me in the middle of the jungle without a suit of armor to defend me hehehehehe.
Apart from that, because of the terrible financial crisis and the low quality of life that Venezuela is going through, I was forced to leave my country in search of a better quality of life. that by the way I still do not have a good job. but what else is up,
you do what you can .
Greetings friend and blessings for you

Good morning, @ crypto.piotr from my point of view, if you organize an event of this kind, you should give more opportunities to us the new steemieans, since many of us enter this platform and still do not know how to use it 100%, I have seen very good publications of people who are just beginning and as they have no reputation, do not give them the vote, and you do not necessarily have to be a whale to give a vote to someone who is just beginning, in conclusion in the contest would place lower prizes and so would get more participation from people, and they would be distributed equally.
Here I leave an extract of the meaning of UBUNTU.

The wonderful meaning of "Ubuntu"
An anthropologist proposed a game to the children of an African tribe. He put a basket full of fruit near a tree and told the children that the one who arrived first would win all the fruits.
When he gave the signal to run, all the children held hands and ran together, then sat together to enjoy the prize.
When he asked them why they had run like this, if one could only win all the fruits, they replied: UBUNTU, how could one of us be happy if everyone else is sad?

Ubuntu is a mental attitude prevalent among the natives of the extreme south of Africa, arises from the popular saying "umuntu, nigumuntu, nagamuntu", which in Zulu (language most spoken in South Africa) means "a person is a person because of others. "Ubuntu is a South African ethical rule focused on the loyalty of people and the relationships between them, it is seen as a traditional African concept.

Thank you. @rigmelendez3

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hi @rigmelendez3

Thanks for sharing with me your opinion and letting me know what ubuntu means.

I appreciate your comment a lot.

how could one of us be happy if everyone else is sad

That's a good question.

Cheers mate,

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Thank you brother @crypto.piotr , learning daily and listening to the opinions of others, is what day by day nourishes our souls. Greetings.

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I love the fact that you're so very responsive @rigmelendez3

Steemit needs more people like yourself :)

Cheers
Piotr

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Thank you brother, greetings from the Bolivarian Republic of Venezuela.

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Thank you brother, greetings from the Bolivarian Republic of Venezuela.

Hey, buddy.

I share a bit your point of view on this dilemma, I think that if a small reward is given to each participant it could create a certain level of commitment and would make writers actively participate in their contests, this would encourage writers to improve to win better rewards and create a healthy relationship between the creator of the contest and the participants.

The objective of the contests (my opinion) is to create a small community where everyone interacts and there is a level of healthy competition, if the circle of winners is very small (elitist) this would make the environment not the most suitable, the contests should encourage personal and social development, make the community grow and attract more people.

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Thank you for your input and valuable feedback @roronoa07

Would you mind telling me how would you reward authors, knowing that you have 300 usd in reward pool and estimating that contest will reach 50 entries ?

I really would like yo know
Yours
Piotr

Great idea I love you reward system plan.realy works for me

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Thank you for dropping by @whitestallion

The current Steem price isn't the best.

So, I'll go for 10x15 Steem, 10x10Steem and 10x5Steem

That's rewarding the top 30 contents!

Posted using Partiko Android

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So you would reward 30 bloggers out of 50 entries. that's a good goal. Thanks for your feedback @ajongcrypto

I appreciate it a lot. Yours,
Piotr


Hello friend thank you very much for the invitation to see this interesting initiative, which I had no idea existed. These days I was a little sick and I couldn't read anything in Steemit, and I liked your opinion about how the prizes of the contest you mentioned should be distributed, so I would leave it in the same order that you have.
20 rewards worth 10 STEEM each for best reviews = 200 STEEM total
and 30 small rewards of 2 STEEM as a token of appreciation = 60 STEEM total
bonus to reward exceptionally good writers or those who engage the most. 4 x 10 STEEM = 40 STEEM total

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I've just noticed that you resteemed my post @yetzysavir

Thank you for your comment and support. Appreciate it a lot:)

Yours
Piotr

  ·  작년

You touched very interesting topic @crypto.piotr. In my opinion, making an entry to the contest always consume some amount of energy, so everyone should be appreciated. For example, taking 40th place without any reward may be very discouraging and such person probably would not take part in your contest anymore. What about people who are not the best writers but their thoughts and knowledge is definitely worth spreading? Therefore, I believe that your system of rewarding is far better, because it encourages everyone to participate in the contest.

Originalworks has a very interesting system with this "Twitter bonus". They provide every participant with the reward of 0.5 Steem and additionally they have an advertisement on twitter. Everyone is satisfied :)

Greetings, Jan

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I've just noticed that you resteemed my post @neavvy

Thank you for your comment and support. Appreciate it a lot:)

I believe that your system of rewarding is far better, because it encourages everyone to participate in the contest

I believe my suggestion would not attract best writers but at the same time would allow to avoid receiing negative feedback and frustration.

They provide every participant with the reward of 0.5 Steem and additionally they have an advertisement on twitter

Damn. That would require additional few hours of work for someone organizing contest. @originalworks must have quite a solid team already.

Yours
Piotr

Oh my dear @crypto.piotr if ever I have 300 steem for a certain.contest,I would like give 150 steem for the consolation prizes to those who participate snd 150 will be divided to the three best winner.I know everyone want a huge prizes but perhsps that is the best from me.Thank you for the mention and of course your tokens as a sign of being a generous steemians.

Posted using Partiko Android

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Thanks you so much for your valuable feedback @olivia08

Appreciate your time and effort.

Cheers,
Piotr

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You are so.welcome,actually I.have no good idea but interacting in steemit is more valuable deeds than token.

Posted using Partiko Android

providing very lucrative best prizes is a sign of short term thinking

Your personal view is spot on, you perfectly described what will happen with this way of distributing prizes.

The distribution of prizes should encourage participation, and when you have a lot of people who wrote great articles but end up with no prize, then they will probably decide not to participate in the next contest.

I hope they can take your advice into consideration for their next contest.

Cheers!

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Good morning @dedicatedguy

Im glad to see that we're on the same page here.

Yours
Piotr

  ·  작년

Hi! It is impossible to please everyone. I think the top three winners should be rewarded with the bulk of whatever you have allocated for the contest.

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Indeed it is impossible to please everyone.

I think the top three winners should be rewarded with the bulk of whatever you have allocated for the contest

Don't you think that it would upset almost everyone and you would lose many followers?

Thanks for dropping by @msooi

Hello friend, I think that the system you propose is more fair and equitable for those who enter the contest. Particularly I am not unsatisfied or frustrated for not receiving rewards, if you contest you will not always win or stay in the box of selected, the important thing is that you give the best of you and you maximum effort in the competition. But I know there are people who get angry and upset because they try hard and do not see rewards for their work.
Life is not always fair and if you put clear rules you should not see problems, but if a contest gives very low prizes there will be many who will not compete because the reward is not worth so much effort. I think it should be balanced as you put it in your post, but you should know that there will always be someone who gets angry or upset. I hope they continue the contests and I will be delighted if I continue to win or not. Regards :)

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Hi

I think that the system you propose is more fair and equitable for those who enter the contest.

It seem that we're on the same page.

but if a contest gives very low prizes there will be many who will not compete because the reward is not worth so much effort

That's also very true

Thanks you so much for your valuable feedback @neiraurdaneta

Appreciate your time and effort.

Cheers,
Piotr

What a day?I just stumble upon this post right when I have received 17 Steem Prize from @originalworks.

So enough with my personal story.Let's answer your question.

I would do something like:

1st place: 50 STEEM
2nd place:30 STEEM
3rd place:20 STEEM
4th-10th:15 STEEM
11th-20th:8.5 STEEM
21st-30th:2 STEEM
31-35th:0.5 STEEM

So total 35 people will get prize from the contest if you follow this distribution plan.

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Thanks for dropping by @philipkavan

I appreciate your feedback. It's always great to know what other people think on that particular issue.

Yours, Piotr

This is great @crypto.piotr. It's hard to organize contest of this kind and hard to satisfy all. Because at any point someone will dissatisfy. In case I am organizing contest with 300 Steem and there is limited entries like 50. Then I divide it like below.

Capture.PNG

Top 5 will have highest pool to attract great writers & remain to attract average and small content writers.

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Thank you @imthinker for your valuable comment and resteeming my 2 latests posts.

I appreciate your constant support buddy.

Cheers,
Piotr

As you have already described allthe desired position so i won't go into much deep so coming to managing the prize pool i will suggest that have some good amount of steem for first 3 and then for remaining 7 have a bit less and after that keep a 1 or 2 steem or whatever you might feel good as a token of appreciation so that by this the desirved one will easily be rewarded with good amount of steem and at the same time everyone will be satisfied with the small amount of token which will motivate them to participate in your further contest as well.

Posted using Partiko Android

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Thanks you so much for your valuable feedback @sumit71428

Appreciate your time and effort.

Cheers,
Piotr

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You are most welcome.

Posted using Partiko Android

I am not a big fan of the participation trophy!!!!

If you have 50 stories and reward the top 10 I think that is perfect

Not wanting to offend anyone
I was just brought up in a time where you played your best 9 and if you wanted to play in the meaningful moments you better get better.

1st = 100
2nd = 50
3rd = 30
Then divide the last 7 spots accordingly

I believe we can use more of a winners mentality again instead of all this life is fair. PC STUFF

Just my thoughts brother

Thanks
👍😎

Posted using Partiko Android

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Thanks for sharing your opinion @benfreed

In my humble opinion, I believe that there will always be dissenters, regardless of being able to achieve the best possible method of awarding that can be activated; because there will never be a real consensus, nor will everyone be happy with the results; especially, as the event develops among competitors of such high quality, such as the very good writers and analysts that exist in Steemit.

That is, you can not forget or disdain the saying and fact that "each seller praises his product", and all those who strive to do well, we believe make the best publication with the highest quality possible to compete honestly; but, by not getting the prize we think we deserve, many of us may feel frustrated. However, I understand it as a natural feeling in people.

So, to go straight to the point (although, in advance I know that my proposal is not the best award method), I think humbly based on an intermediate approach on this topic, and to always keep the writers hoping to be elected between 10, 20, 50 or 90 winners and then think about improving and preparing for the next contest:

1.- Encourage Bloggers to create really valuable quality content and provide the best very lucrative prizes for the top 10 and thus attract many good writers:

1st Place: 30 STEEM; 2nd Place: 25 STEEM; 3rd Place: 20 STEEM; 4th Place: 15 STEEM; from 5th to 10th Place: 10 STEEM = 150 STEEM in total to distribute and differentiate the first 10 places with the highest quality in their publications.

2.- Reward moderately to other 10 Writers with a value of 5 STEEM for each of the next 10 best reviews, which is an incentive to improve and seek to participate again with the pretense of achieving better positions:

From the 11th to the 20th place: 5 STEEM = 50 STEEM in total.

3.- Give 30 small prizes of 2 STEEM for the Places from the 21st to the 50th = 60 STEEM in total. Significant to reward and promote the continuous improvement of the Blogger.

4.- Assign the remaining funds at the rate of 1 STEEM for the other 40 participants (from 51st place to 90th) = 40 STEEM in total. Award given as a token of appreciation for their participation.

I reiterate in advance that this solution might not be the best and I really do not know if it will attract enough attention for the participation of a large number of Good Writers; but, I consider that it would be fairly equitable, I would avoid negative thoughts, comments and attitudes and discouragement and frustrations. At the end everyone happy and waiting for the new contest...

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Thank you for your humble opinion @josevasquez

Thanks you so much for your valuable feedback @josevas217

I consider that it would be fairly equitable, I would avoid negative thoughts, comments and attitudes and discouragement and frustrations. At the end everyone happy and waiting for the new contest...

Appreciate your feedback, time and effort

Cheers,
Piotr

HI @crypto.piotr bro,

It would be good, if all the participants can get some reward, just like the appreciation token.

Just my 2 cents opinion :)

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But how would you redistribute rewards @wilhb81? Imagine that you need to reward 50 entries and you've 300 steem?

Yours
Piotr

I think I can answer to you very well. So let's start it.
(1) Don't align your contest in parallel to @originalworks. He is a seasoned organizer and the strucuture of reward by @originalworks is more accommodative and hence the number of participants are more including the best participants.

(2) You are planning give 10 steem to 20 good writers at first place. I think this is a wrong structure and this will not bring the creative writing and innovative way presentation to the contest. Dont you believe that, the single number one spot bring more polished thinking than a flat number one spot where there are three or ten or twenty people in number one spot. So let the theme of contest be there at first place. If you are chosing number one spot then it should ideally be number and not three people or 10 people at number one spot. @crypto.hype did not make any homework before structuring the reward for the contest and that is why many were dissatisfied.

(3) See in @originalworks's contest there are good writer at bottom place also, but they are not dissatisfied just because of the reason that, they can get at least 2.5 steem, so at least it will not be like all the hard work getting drained out.

(4) If you see @originalworks's jury, it is not biased also and they are very good when it comes to judging entries and not a single person is coming at the top 5 spot every time.

(5) If you ask me how to stucture 300 steem reward pool in an effective way, yet it should be such that it can accommodate more writers and participation should also be handy. There here is my break up of the reward.
1st place-60 STEEM
2nd Place-50 STEEM
3rd Place-40 STEEM
4th place-25STEEM
5th place-15STEEM
6th place-10 STEEM
7th place-9 STEEM
8th place-7 STEEM
9th place- 5 STEEM
10th place-4 STEEM
11th to 30th place-2.5 STEEM
31st to 50th place-1.5 STEEM


Total=305 STEEM

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I appreciate your comment @littymumma

Also I had a chance to read your latest review about OnepageX. Good piece of work buddy.

Yours,
Piotr

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darn. it crossed my mind @littymumma that perhaps calling you 'buddy' was not a right thing to do, as Im not sure what's your gender.

I hope I didn't offend you in any way.

well this is a bit of a snag let's see i would send 1 steem to each participant at the end of the contest and use the remaining lets say 249 i would then send 10 steem to best 20 writters who satisfy my needs and 5 steem to 9 authors who engage a lot to the post and send the remaining 4 steem as steem power delegation to the writter with lowest steem power

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Big thx @khussan for resteeming my post and your comment.

Cheers, Piotr

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Your welcome

crypto.piotr I love you the distribution of awards is not bad. However, I can offer a verified solution. You can find the answer yourself on the Internet.

The award distribution strategy is taken from poker tournaments.

The so-called SNG or other big tournaments. She checked for years and copied from one poker room to another. She is comfortable. And I think no one will be against.

Screenshot_1.png

This is a small example. A small tournament for 800 people. This is a small example. A small tournament for 800 people. It will not be difficult to create a formula for remuneration. It all depends on the approximate number of participants.

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Thank you for this picture. I got your point @carbodexkim

Appreciate your feedback buddy,
Yours
Piotr

Wao! 75 comments in 1 day! Congratulations on capturing attention.

I think as you said in your comments it's impossible to please everyone. But I guess a bigger rewards means better reviews?

In my opinion, if I saw a contest that only paid 10 STEEM or 15 to the first prize, it would not have the same depth as a 60 or 80 STEEM prize. Don't you believe it? Depends on what you want: quality? quantity? attract more public?

Maybe I'm not being clear: I mean this if I find a contest about an ICO or project which you have to read 80 pages of WhitePaper and to know more about it, you have to read others posts on medium, reddit and other social networks from the company. So, if the reward is only 10 STEEM I wouldn't work so hard (even 20).

So my recommendation is big rewards to the first places (maybe the first 5 or 7) and small rewards for lazy people.

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I love your positive comment @jadams2k18

small rewards for lazy people

This part put such a huge smile on my face :)

thx for sharing your experience.
Yours
Piotr

transfer it to everyone who joined the contest, as a token of appreciation? Would it be a good solution?

Not really. You just have to expand the amount of people that get rewarded. Participation rewards would ge you spammed with low quality works. the point is to make good content creators feel like they'd receive "something" and their efforts won't go to waste. @originalworks has been doing a good job at this. Check some of their posts.

Your personal solution is well done. You can also incoporate @steembasicincome shares (especially for the 40 STEEM reward portion) which would benefit both parties.

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I feel that incorporating SBI would only complicate things, as most people do not know what is it about and that would require more explaining.

Thx for your feedback @vimukthi

This is a very important knowledge for our community in Indonesia @ crypto.piotr,
Thank you for sharing @ crypto.piotr.

I am interested in concepts like this and maybe we will try when we make a contest later ...

Screenshot_2018-10-29-10-19-13-52(1).jpg

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Thank you for resteeming my post @sudutpandang and for sharing your opinion.

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I need your writing mister, I need the knowledge you know, maybe I can absorb some important knowledge from your writing, I have to restore it and read it again next week. And next month.
Thank you for sharing mister... I like it you writing...😎👍

Interesting question to think about and everyone will have their own subjective take. Personally if I had a 300 STEEM budget I would allocate it in the following way:
1st-5th: 20 steem each (100)
6th-10th: 10 steem each (50)
11th-30th 5 steem each (100)
31st-50th: 2.5 steem each (50)

BTW really like the project @crypto.piotr, I better work on my blogging/writing so I can participate 😃

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Thank you for your feedback and your kind words @bengiles

I also just read through your post "A Year 0 for All of Humanity" and my only suggestion is to make some spaces (enter) in your text. it's really hard to read when it's all glued together.

Just a small advice,
Yours
Piotr

  ·  작년

Hey @crypto.piotr Truth is you can't really get it right with a limited budget.
You want to engage as many people as possible, but you also want to make everyone feel "adequately rewarded* for participating... not possible.

Low spread prices will attract a lot of participants but most top writers will likely skip that in favour of a more rewarding competition.
High payment will attract quality writers but that will mean the newcomers will likely not receive anything.

Nevertheless, If I had 300 steem, i would give try to accomodate everyone by Rewarding in hierarchy This will encourage quality submissions and still reward everyone.

1st - 50 Steem
2nd - 40
3rd - 30
4th - 25
5th - 20
6th - 15
7- 12 - 7
13-20 - 5
21-50 - 2
Total of 302
The 2 steem deficit can be made up from the competition post payout.

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Hi @ulqu03

I partly agree with your statement:

Truth is you can't really get it right with a limited budget.

But what if you have 1000 STEEM budget but instead of 50 entries you will end up with 200 entries?

It's all about balance between budget and amount of entries.

Thx buddy
Piotr

I think with a prize pool of only 300 steem you have to be very careful and make sure the contest doesn't take up a lot of time for the entrants. And if possible ask the sponsors for more founding at least 700 steem. I use to do the @originalworks contest consistently and always got something wether I came top 10 of 20th. But recenlty I have taken a break becasue it takes up way too much time. I enjoy researching the new projects but recently it just hasn't been as fun. I currently just write what i feel like writing and though it may not make as much steem, I'm without the pressure and stress. I will jump back in when i feel like. On to the budget.

With 300 stem the top ten guys have to get a bigger share and the # 3 cannot get the same as number 1, that doesn't make sense.

and 1 steem left for a bonus

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Im glad to see that you're still around @dmilliz

Checked your profile a moment ago just to realize that you didn't post anything crypto related in a long while. Bored with this topic?

Thx for your feedback. I appreciate.

Yours
Piotr

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Not bored but exploring different things to write about, more personal , I’ll be back to the crypto post when the vibe is there

Posted using Partiko iOS

This is really nice and big project. Like it so much. Have a nice day @crypto.piotr

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thank you for dropping by @turkishcrew

This is good way to know what most people think about this and at the end you can make master reward system that will attract to more people for sure. Good luck with this @crypto.piotr.

If I have to spread reward of 300 steem in to 50 people then I will do it like :

1 - 70 Steem
2 - 52 Steem
3 - 40 Steem
4 - 25 Steem
5 - 18 Steem

6 to 30 - 3 Steem to each (75 Steem)

31 to 50 - 1 steem to each (20 Steem)

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I've noticed that you have resteemed my post. I appreciate your constant suppot @techbuzz07

Seriously big thx.

Yours, Piotr

yes , It is great to give the rewards in steem instead of dollar value.

  ·  작년

Of course, as already mentioned, it is difficult to do justice to such a distribution. I would distribute the sum as follows:
1st : 50 steem
Since I think there should definitely be a winner.
2nd & 3rd : 20 Steem
4th to 10 : 12 Steem
11 to 20 : 5 Steem
21 to 50 : 2.5 Steem

Posted using Partiko Android

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I've noticed that you have resteemed my post. I appreciate your constant support @kiel91

Seriously big thx.

Yours, Piotr