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News & Notices: GambleJoe: GJ Coin lottery prize adjustment

Topic created on 26th Aug. 2021 | Page: 1 of 1 | Answers: 3 | Views: 1,250
Matthias
Expert

GambleJoe: GJ Coin lottery prize adjustment

26th Aug. 2021, at 05:43 pm CEST#1
7 Likes
Hello people

some of you may remember that we used to raffle 60x 25 Euro at every PSC lottery.
We changed this lottery to the GJ Coin lottery - each winner got 100 GJ Coins worth (at that time) 0,25 Euro, which was also 25 Euro.
Due to the fact that the GJ Coins are continuously increasing in value, the individual prize amount has also increased by one euro every month - we have watched this benevolently, but we now had to intervene and readjust.
Of course, we did not reset the current win amount to the value it was back then, but set a new fair win amount, which is now 30 Euros.
This means that you win less and less GJ Coins every month, but at the same time the GJ Coins increase in value, so that in fiat money terms, the same amount of profit always ends up in the GJ Coin account.
And this is where the inflation protection mechanism kicks in again: if you save the coins on your account for a month, they will continuously increase in value (always on the 1st of a month).

This article is for information purposes only, so you don't need to do anything else.

Kind regards

This post has been translated automatically

bigbig
Experienced

GambleJoe: GJ Coin lottery prize adjustment

26th Aug. 2021, at 07:18 pm CEST#2
0 Likes

Nobody has liked this post so far
I find great.Heist from now on save.Ich 👍

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Anonym

GambleJoe: GJ Coin lottery prize adjustment

26th Aug. 2021, at 07:51 pm CEST#3
2 Likes

Liked this post: Avatar von Sarkasto Sarkasto, Avatar von supermode supermode
And so the gambling addicts learn to save again

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Chrizzi
Experienced

GambleJoe: GJ Coin lottery prize adjustment

26th Aug. 2021, at 09:09 pm CEST#4
0 Likes

Nobody has liked this post so far
Because this year is the first time I'm in the lottery, right??

Thx

This post has been translated automatically

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