The reward I received from this post will remain fully locked for 3 months within the photochain fund, as previously communicated.
@farm-mom @thebigsweed @adinapoli @gems.and.cookies @qwerrie @hindavi @elitogold @eolianpariah2 @apnigrich @kvinkyl @elemarg25 @parissousa @ninahaskin @zoricatech @sgbonus @klub-wloczykijow @bettybunny @isabelpena @arbalestarx7 @leeart
Here we are, with the sixth quarterly report of the Photochain Fund. As announced in an official post more than a year ago by the owner account @davidesimoncini, I decided to introduce the Photochain Fund, by definition "a set of addresses useful for collecting value, in the form of supported tokens or cryptocurrencies, and mainly intended to support the project and to further reward the participants in the Photochain challenge". As announced in the official post that I invite you to read
READ THE OFFICIAL LAUNCH POST CLICKING HERE
the photochain fund is a project based on the collection of funds obtained through different methods, and on a partial division of the rewards among all the contest participants, following the rules communicated in the official post mentioned above.
We have reached the month of July and, as the initial regulation of the PF foresees, the second quarter of collection has ended, the one that went from April to the end of June. The collection is small, the amount raised for this quarter is 2.779 HBD, while the balance in HIVE has remained unchanged.
And now
And now it's time for the calculations. As announced in the launch POST, at the moment 40% of the total amount will be retained, while 60% will be equally divided among the competitors.
The magic number that establishes the total number of participants and beneficiaries of the PF share for this first distribution is 20.
60% of 2.7790 is 1.67 about. With 20 beneficiaries, I decided to round up to reach the sum of 1.68, obtaining
0.084 HBD
as participation share.
Considering that all the beneficiaries are more or less active on the chain or in the contest, once again I will carry out the transactions without requiring prior confirmation.
All those who participated in the editions finished before 30 June 2022 will receive their share. Those who participated in the editions completed afterward will re-enter the distribution of the funds raised in the next quarter.
Recapitulating, each beneficiary will receive 0.084 HBD.
Distribution .... How do I get the prize?
I distributed the shares yesterday. You can find your share in your HBD balance.
I hope I have been clear enough. Many concepts are not simple, but I invite you to ask for explanations or to make clarifications if you have doubts about it.
With this I greet you and I give you an appointment at the next edition of Photochain!
CLICKING HERE TO JOIN THE 11-17th JULY EDITION!
Oh so that was what was in my wallet that I received a notification about :) Thanks so much @photochain and @davidesimoncini!
To you dear :) !WINE
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Thanks again! Cheers!
Thank you very much my dear friend.
Many thanks and much appreciated!💯📸⛓
Thank you very much, greatly appreciated!