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Last Week in Quarry, April 22nd

First things first: The results are in! We polled our Quarrior Telegrammers to find out if there was a preference for a dynamic or static ROX reward pool. Currently, the pool is statically set to 30,000 ROX, and divvied out according to individual influence (how many stakes you have measured against when an up-vote is placed). Out of 249 votes, 88% said ‘YES’ — thank you every one that participated!

Here’s what I’ve in mind to calculate a Dynamic Reward Pool for daily ROX rewards:

CONCEPT FORMULA FOR DYNAMIC REWARD POOL

Keep in mind this is not the exact formula, as what’s considered ‘Good Comments’ has to be formulaic in some way as well. But I think some kind of performance check is necessary to ensure quality engagement and controls. It’s also a preventative measure to keep Quarriors from submitting garbage comments (ie ‘Good’ ‘Great’ ‘This’ etc).

Your thoughts are appreciated, please message me your ideas and concerns (@boondoge on Telegram or help@quarry.rocks)!

editor’s choice: Top 5 Posts

  1. Harvard Invests Millions In Blockstack’s Token
  2. Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain
  3. The Crash of the Cryptocurrency Market; Is now the time to buy Bitcoin?
  4. BitForex Decides To Not Delist Bitcoin SV
  5. Bitcoin [BTC]: John McAfee reveals he received many emails from people claiming to be ‘Satoshi’

Quarry App Spring Cleaning

In preparation for our upcoming update we’ve been cleaning up the app a little bit. Doing a little bit of pruning, if you will. Some of you may have come to find the comment section relatively unhelpful and containing the occasional spam message. This week we’ve taken the liberty of banning a few individuals, whom of which have been particularly annoying.

You may find the banned list here:

Am I Banned?

In the past we’ve maintained a particularly light touch when it comes to banning users from the app, preferring to ban types of content rather than individuals. Some users continue to abuse our patience, and so we’ve dealt with them accordingly.

If you’re wondering what metrics we used to ban or not to ban please check out our standards for Etiquette when posting and commenting in Quarry.

If you find yourself banned, you may appeal your sentence by emailing us at help@quarry.rocks — Please explain why your account should be reinstated and why you believe the Quarry community needs you.

The Quarry Universe is Expanding

In our quest for world domination we have been developing a number of new apps, as some of you might already be well aware. In our efforts to capitalize on the crypto-bear market, we have created 4 new apps (re-Readers, Status, an unpublished Chinese-English dictionary app, and an unpublished Chinese-English learning app) and taken over operations and the future road map for The Token Game, which was originally designed by a co-development group.

What some of you might not be aware of is that we developed a few other applications prior to Quarry, namely 30 Day Workout, Fit O’Clock, and the now de-listed Tasty Recipes & Crack Baseball.

While we await the return of cryptocurrencies to their former glory, we will continue to persevere, developing new apps and adjusting our penetration strategy as we go.

Current Roadmap

“What’s our strategy?”

I hear you asking, and to give some insights into the big picture: We envision an entire ecosystem where all applications are connected by blockchain technology. It’s a bit vague, and I apologize for that. The most well-known example for our concept is like a giant digital coupon book, where coupons can be transferred from store to store (or from app to app). We’re currently running a market test of this in The Token Game — allowing users to swap their GOAT for ROX as they see fit.

Future

Monetization is probably the biggest blockchain company killer to-date, and we’ve experienced our own troubles in that regard as well. Without an ICO, it can be difficult to generate funds.

Traditionally, we’ve resorted to in-app ad placements, but — obviously — the amount of traffic received will make or break this source of income. We have not received enough traffic to live purely off of ad-revenue, and so we had high hopes for airdrops & token contests providing us the much needed capital as we continue to grow. As a short term strategy, this has not worked out to our initial hopes, and the long term results still remain to be seen.

Had we been able to win Cryptokitties’ Live Furever contest (and a few others) with your support we’d have a little bit more proof-of-concept to stand on, but alas, we did not.

Where Does Quarry Fit In?

Quarry will remain as our hub for blockchain news & information as a social platform. In the meantime, we will be developing new apps in new / emerging markets. We firmly believe that cryptocurrencies aren’t going anywhere and it’s just a matter of time before there’s a major breakthrough in this technology. As companies learn how to best implement blockchain we’ll see a resurgence in cryptocurrencies too.

We’ll be there when it happens.

Who Wants to Live Furever?

Hello again my fellow Quarriors! With a little over a week left, this contest from the makers of CryptoKitties has garnered a lot of attention within Quarry, and I just wanted to take a moment to double-down on my claim: If Quarry wins this cat, 100% of proceeds from the sale will go to all of you!

If you haven’t signed up yet, it’s easy and only requires your email. Use my referral code, here: http://swee.ps/GTGRBBDQQ

How much could it be worth?

Hard to say, I’ve used a conservative estimate of $500, but it’s likely going to be worth much more than that.

Even if we don’t win, I highly encourage everyone to sign-up. We all have a chance to claim this little guy — no matter how small — and if you’re not big into CryptoKitties, here’s a little explanation for how it all works:

CryptoKitties is a game centered around breedable, collectible, and oh-so-adorable creatures we call CryptoKitties! Each cat is one-of-a-kind and 100% owned by you; it cannot be replicated, taken away, or destroyed. It’s is one of the world’s first games to be built on blockchain technology—the same breakthrough that makes things like Bitcoin and Ethereum possible. Bitcoin and ether are cryptocurrencies but CryptoKitties are crypto-collectibles. You can buy, sell, or trade your CryptoKitty like it was a traditional collectible, secure in the knowledge that blockchain will track ownership securely.

https://www.cryptokitties.co

So why is this contest a big deal?

This cat will be ‘Gen 0’, meaning that its traits could be highly valuable to the CryptoKitties community. Breeding is one way to make some solid ETH on their platform, and the more rare the more valuable the more money each one will go for. It all reminds me of the Beanie Babies fad in the ’90s.

Also, if Quarry wins this cat — I will do my best to use doge as the image inspiration… it’s all dependent on whether they’d let me do that or not.

Just your daily dose of the immortal Freddie Mercury of Queen

Becoming a Top Quarrior

It’s time to reveal some Quarry secrets! Some of you already know how to hit high in the leaderboard pretty consistently (looking at you Sarozz!), but I’m sure there are many of you out there thinking ‘How does he do it?!’ — Well, read on my Quarriors! Read on!

UP-VOTING / POSTING

Timing

The time of day matters, always. This is true for every social media platform (Facebook and Reddit being good examples). In Quarry, this phenomena is increased because of the Quota limitation.

Simply stated: Every Quarrior’s quota is refreshed on a static schedule. So, if timing up-votes and posts for before the quota refresh occurs can guarantee a nice lift to your posts. This, however, is countered by the time of day in which users are most likely to be browsing Quarry for news. In the USA, this is most often after lunch time (12:00 to 3:00pm) and before bed (8:00 to 10:00pm).

Quality Over Quantity

Spamming up-votes and posts won’t help you. Up-voting quality content and sparking discussions is one of the keys to getting continual up-votes and lasting buzz on posts.

Read up on posting etiquette in Quarry, here.

Followers

Put your following to work! Give them interesting things to read and discuss. This one should be a no-brainer.

Stakes

This is the most easily influenced factor. The more ROX held, the more stakes received when up-voting and posting. The main reason @Sarozz has such a high proficiency for getting onto the top 5 of the leaderboard daily is due to the high amount of Locked ROX he has.

Where did he get those?

He linked his steemit account, which had a relatively large amount of Steem Power, to Quarry. In essence, he’s a whale, and whatever he up-votes will receive a large amount of influence in the calculation.

Read up on stakes, here.