[AI PIBBLE] Top PIBBLE Prize Table
Hi, Pibblers!!
How are the prizes for the Top PIBBLE events on the PIBBLE app distributed?
Many of you have asked us this question, and we’re here to tell you exactly how.
The size of the prize pool for Top PIBBLE is determined by the number of users who posted and the number of [Engagement] (users who interacted with the posted work, such as comments, upvotes, and thanks).
We’ll answer the questions you’ve been asking.
Q1. Is it good if the number of participants increases?
The total prize pool for Top PIBBLE will increase as the number of participants increases.
Q2. When will the daily maximum of 1 million PIB be awarded?
1 million PIB will be awarded when the minimum number of participants reaches 4001.
Q3. What does minimum/maximum participation mean?
The total prize pool increases in tiers of participation.
Let me give you an example based on the table below.
You can see that between 1001 and 1200 participants, the total prize pool is 400,000 PIB, right?
In this case, Top PIBBLE prize will be the same 400,000 PIB for the number of participants between the minimum and maximum of 1001 participants.
Now that you know the prize table, it’s time to look at the “Prize Share (%) by Rank”.
The table below is divided by the number of participants (orange column) and Top PIBBLE rank (lime green row).
For example, if there are 10 participants, the total prize payout for Top PIBBLE by rank is as follows: (100% of the total)
- 1st place: 40% payout
- 2nd place: 23% payout
- 3rd : 16% payout
- 4th : 12% payout
- 5th place: 9% payout
So far, we’ve covered 1. the prize table by rank / 2. the prize odds by rank.
As the number of participants increases, the prize pool will increase,
which will bring more excitement and competition to the Top PIBBLE event.
It’s also important to note that once the number of participants reaches 4,001, the prize pool will go up to 1 million PIB.
We encourage everyone in the PIBBLE community to continue to participate and contribute to Top PIBBLE events so that we can create more value through fair and transparent prize distribution.
If you have any further questions, please don’t hesitate to ask.
As always, we appreciate your participation and enthusiasm, and we look forward to seeing you at the next Top PIBBLE!
Best regards
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