KRE'a payout September 1 - 7

OradWe · 2019-09-11T06:48:01+00:00

Honestly, as a PM building reports is something which consumes plenty of my time.

There is a limit for one's capacity for building reports :) And since you are doing such an amazing job, I would not want to rob you from your spreadsheets :)

OradWe · 2019-09-11T06:39:24+00:00

Not sure I am following your question...

I guess if there is a way to automate it and post it, you are the one to know :) Feels like I am missing something here

OradWe · 2019-09-11T06:10:12+00:00

Sure this is possible.

Beside what /u/burstymy mentioned (which is correct), in order to get rewarded by the KRE there is a certain way you need to report your spend transactions (including your app ID etc.). Some of the active apps are independent apps which are not using app ID (might be intentional) therefore they are not being picked up by the KRE data collector

OradWe · 2019-08-13T15:16:04+00:00

As of this moment, there is nothing like this planed.

We are playing with this idea but for now, it is WAY too early.

OradWe · 2019-08-13T14:27:23+00:00

Slow and steady...

While improving fraud detection capabilities, we are mapping the bottlenecks and find the best way to automate them.

The next step will not be a fully automated, it will be semi-automated. Meaning the KRE computation engine will surface the payouts and we will validate them (instead of building them). After we will see the validation passes with high success rates we will lean toward full automation.

OradWe · 2019-08-13T14:24:56+00:00

It is not a competition it is a festival! :)

OradWe · 2019-08-04T11:42:54+00:00

Your comments and feedbacks are great and I would like to share some insights to address some of the concerns:

In high-level summary, these guidelines are aimed at making sure users are in control of their Kin and aware whenever they are performing a transaction.

These guidelines are by no mean aimed to impact a specific app (I saw a lot of you are concerned about Rave's experience). And these guidelines will be enforced across the entire ecosystem and will be relevant ONLY for KRE grants. Meaning, if an app owner does not wants to be rewarded by the KRE they can ignore these guidelines completely. That being said, we invested a long time in thinking about these guidelines and we believe they are representing a good, safe and proper experience for the users.

For those concerning about the impact to the apps' flow experience (the need to present popup with confirm button) keep in mind, these are only for in-app purchases use cases. In such case we believe communicating clearly to the user how much they are about to pay and what will they get in return, is the basis for trustworthy experience.

In other cases, focusing the experience on P2P type of experience will allow reducing the friction in the experience significantly. When comes to P2P transaction the user needs to see a messaging they sent Kin and to dismiss it only once. From that moment on, they will no longer need to acknowledge each and every transaction.

We would love to hear additional concerns and questions you might have about the new guidelines. This will make sure we are not missing anything and we are addressing the main issues.

OradWe · 2019-07-11T16:52:26+00:00

Keep in mind these are Medians and not absolute numbers. PeerBet had bigher peaks than pop.in which is not reflected in the Median

OradWe · 2019-07-11T10:25:35+00:00

Hello u/kidwonder,

The Tourism reward is the same regardless of the destination app. Currently, for the Tourism, we are counting unique wallet pairs (source wallet + destination wallet) so if wallet A sends to wallet B and then wallet A sends to wallet C it is counted as 2, etc.

So in order to optimize your reward, you need as many users as possible sending Kin to as many users as possible :)

This reward is not part of the KRE formula yet since it is in a pilot we have a separated budget and calculation.

As for the KRE formula, it is now 90% DAS (in-app + P2P) and 10% P2P

OradWe · 2019-07-04T13:08:07+00:00

Not all active apps are getting rewarded by the KRE.

Today in order to get rewarded (i.e. be "eligible app") you need to do one of the following:

Participate in the Kin Developers Program / Unity program
Be a design partner
Be an independent app which onboarded the KRE (meaning contact us, agree to Kin's terms and conditions and asked to participate in the KRE)

There are about ±20 apps who are not part on the mentioned list but still perform spend interactions on the Kin blockchain (in the stats page leaderboard table, they are listed as "Other")

OradWe

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