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Fun Money Gaming Balance + Competitions

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Jo
Traffic Value: $8,649,585.93592 Spain
11 like this post 0 people
04/02/2014 16:21
I propose to add a "Fun Money" balance to every users account. This balance will be set to $100.00 ; and it will automatically reset to $100 every month.

We will then hold a monthly competition, for $25 let's say. Where the highest fun money balances, at the end of the month will win. (Balance must be over $200 to qualify.. prize table fills up from the bottom)

Top Prize... $5
2nd......... $3
3rd......... $2
4,5,6,7,8... $1.00
Then 50 prizes of $0.20 each.

You can reload your fun money balance, back up to $100.00 at any time for a $0.01 fee.
tupko
Traffic Value: $32,122.18249 Croatia (LOCAL Name: Hrvatska)
0 like this post 0 people
04/02/2014 20:05
nice, tell us where will these monthly 25$ be substracted from? portfolio?
Jo
Traffic Value: $8,649,585.93592 Spain
1 like this post 0 people
04/02/2014 20:14
Correct.

There'll be a fun money entry on the portfolio that will collect the 1cent reload payments... But it'll likely be a product that loses money every month (but only $25, no biggy). As it's more of an investment into website traffic, activity and promoting our games. That we'll profit from in other areas; like banner sales. Converting fun money players to real money, etc.
kylesisles
Traffic Value: $104.86655 United States
0 like this post 1 people
04/02/2014 20:54
I think it's a good idea, but consider doubling the prizes.  It isn't attractive when there is only a single digit top prize.
Brainy
Traffic Value: $1,095,877.628 Canada
2 like this post 0 people
04/02/2014 23:06
Seriously, it's a very good idea. You get tons of free users. Some of them eventually play with real money. And you get a lot of traffic.

Go for it!!!
Tbiz
Traffic Value: $4,013.67386 Canada
1 like this post 0 people
05/02/2014 15:17
this woud indeed be a nice idea to get some activity back.!

and who cares if its small money its free money. he can higher the price and prize schemetics when there are more active users and more money from portfolio but 25$ on 55 winners? seems a very good start.

5$ is nice for a small user to win free. and so is 20 cents. I woud make it a weekly thing just to make it run faster. like 10$ a week to start with or something. because a month is alot of time if people lose 2 months in a row the might stop trying weekly is simply more change for everyone to win because u got monthly based alot more prizes?
slosumo - Administrator
Traffic Value: $28,438.4426 Slovenia
2 like this post 1 people
05/02/2014 15:28
Yeh a weekly competition I think would be much more attractive, I don't think 100$/month should be a burden on the portfolio but it would definitely raise activity and moreover promote the games.

1cent/100$ fun balance seems a bit cheap to me. Perhaps at least raise it to 0.1$ or 0.2$? As with 1 cent I'm afraid people would just "abuse" and bet max a couple times in a row. Say for 0.32$ one can easily get a 1600$ score by just playing heads/tails game. Kinda ruins the purpose of having fun while playing imo. But a bit higher price/reload I think people will rather play and enjoy instead of just spam their plays. Not to mention that the 100$ portfolio cost could easily be negated. 

But definitely, this has to be implemented as soon as time allows.
Jo
Traffic Value: $8,649,585.93592 Spain
1 like this post 0 people
05/02/2014 16:23
Yea, we can tweak the values / variables on the fly. Just the general idea i'm getting at right now.

Anyway... PaidVerts + PayPal first.
Then I want to fix Shut The Box, as that's an easy upgrade, and will make a perfectly good, but broken product work again... Then put Pyramid Solitaire online. To give us 3 skill games.
Then the first multiplayer game.
And then we'll look into MoneyMyGame to repackage the games as their own element.

Let's see how quick Paul and Daniel can get all that done! .. And in amongst all that, Tetris might appear, along with a slots game from Slosumo. And we'll install Rayners new game page at some point.

So that's the plan for the next 3-4months. I don't think we can achieve anymore than that without a drastic increase in funding.

Jo smile
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