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@copythewhales

Crypto Hero. Dropping news from the Crypto World that affects the best of us

Moon Katılım Eylül 2023
8 Takip Edilen4 Takipçiler
Whale
Whale@copythewhales·
Pretty good insight here for people
Adam Hollander@HollanderAdam

Many of you know that I founded a software company that I sold to Microsoft. But most of you probably don't know what that company did. It was a gamification platform called FantasySalesTeam which companies could use to award points to employees for achieving their internal metrics. Those points were placed on leaderboards and the twist was that everyone else in the company could build "fantasy teams" of the players. Very fun business to build and run. I became known as a global expert for gamification at the time; my title was Director of Gamification at Microsoft after the acquisition. I learned a LOT about how to motivate through leaderboards and prizes. One of the key things about leaderboards is that the top 20% will always want to compete. It doesn't really matter what the prizes are. There were always going to be 50-100 people vying for the top spots below; even without any $APE rewards. The bottom 30% will also always be the bottom. People that aren't that motivated don't all of a sudden become motivated by prizes; at least not easily. The target is the middle 50%. You want to move the middle. That's where you need focus. That's where prizes and rewards matter and yield the biggest "bang for your buck" in terms of engagement. Yuga hasn't seemingly figured this out. They tend to offer really strong prizes at the top and have them taper off meaningfully before they ever reach the folks who actually need the motivation. Adding 150k $APE to the Top 10 spots was essentially a waste of money; other than a hat-tip to the community to show they were listening to feedback. Yuga also has the luxury of creating things that cost less and can provide WAY more value than simply handing out money. Which is another thing that's kind of boggling about this decision. Rare game items or physical merch would have yielded significantly better engagement. And they already proved this years ago with the mobile game 🤷‍♂️ Yuga needs to hire an expert to help with designing their reward systems. They're just shooting from the hip right now and it's far from optimal. @dalegre @BoredApeYC

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Whale
Whale@copythewhales·
JUST IN: Bloomberg analyst James Seyffart say Bitcoin Spot ETF applications are likely to be approved around January
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Whale
Whale@copythewhales·
JUST IN: Soon X will alert you when you get shadowbanned on the platform
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Whale
Whale@copythewhales·
BREAKING: MetaMask has been removed from the Apple App Store
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Whale
Whale@copythewhales·
BREAKING: Ferrari has started to accept payment in Bitcoin and cryptocurrency for its luxury sports cars in the U.S.
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Whale
Whale@copythewhales·
The SEC has until midnight to file an appeal over the August decision that directed the regulator to re-review Grayscale's bid for a Bitcoin spot fund
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Whale
Whale@copythewhales·
BREAKING: Crypto broker Genesis halts withdrawals, FT reports
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Whale
Whale@copythewhales·
Ex-girlfriend Caroline Ellison says FTX co-founder Sam Bankman-Fried directed her to commit crimes.
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Whale
Whale@copythewhales·
This world is crazy
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Whale
Whale@copythewhales·
Analysts in the United States have predicted that cryptocurrency tokens, such as XRP, may see renewed institutional and individual interest, Forbes reported.
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Whale
Whale@copythewhales·
JUST IN: Ethereum Foundation sold 1,700 ETH for $2.74 million $USDC.
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Whale
Whale@copythewhales·
GM @X and everyone else
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Whale
Whale@copythewhales·
Elon Musk’s X platform has come under fire recently for suspending accounts carrying the cryptocurrency XRP. The big question is whether this suspension is an isolated incident or signals a resurgence of censorship within the X community
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Whale
Whale@copythewhales·
A 'state of war' has been declared by Israel as Hamas enters Israel, prompting the mobilization of soldiers. The attack by Hamas on Israel is the largest in decades, with Hamas claiming they have fired 5,000 rockets.
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Whale
Whale@copythewhales·
Seems like @starsarenacom isn’t doing too well these days already. Do NOT deposit anything or you will be drained
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Whale
Whale@copythewhales·
Exactly 14 years ago, Bitcoin was first listed on an exchange at a rate of $1 for 1,309 BTC
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Whale
Whale@copythewhales·
Binance spot crypto market share declines for seventh month in a row. Is the bottom in?
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Whale
Whale@copythewhales·
Ripple wins two prestigious awards at Juniper Research’s Future Digital Awards for Fintech & Payments 2023
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Whale
Whale@copythewhales·
Bank for International Settlements and European Central Banks Developing Crypto and DeFi-Tracking System
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Whale
Whale@copythewhales·
CEO of Apple, Tim Cook, has sold 511,000 Apple shares, which were valued at around $87.8 million
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