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: Wealthpoints and new System


snafu
2008-May-23, 05:46 AM
First of all Hello :)


Ok maybe this new Wealthpontsystem will be better or not thats not my point to this issue, however.

i still have uploaded stuff since april 25 i dont get any wealth or any experience for this , so if you decide to change things like that, then the uploaded stuff should be counted till the new rules with old counting system, because now we get only some points for stuff wich is like uploaded one month ago ?

An other problem is here too for me i cant see any library links and there is still a experience tag so how to downloadd books or things like that if i cant see the link ?

i have also much more stuff to upload but i will wait and see how things will work in next weeks and wait till things get cleard up.


greetings to all and thanks for all the work to get this comunity running and things fixed.

happy trading, and be prepared for the next drawdown .....

regards
snafu

JoeDOM_Admin
2008-May-23, 06:15 AM
snafu:

Thanks for raising your concerns.

About the Experience points you still see in your stats, just ignore them. They will be left there as a static value. What will really matter from now on is the amount of Wealthpoints you have in your stats.

Yes, most stuff in our forum still have the experience requirements. I have to edit those in the next weeks. But be forewarned that when I remove the experience points I will have to increase the Wealthpoints requirements a bit. So basically, every post you see with experience and wealthpoints still displayed, you can be sure that when I process them to remove the experience requirement, the wealthpoints requirement will increase somehow.
For example:
A resource costing 600 Experience point and 19000 Experience points will be converted to around 30000 or so Wealthpoints. There is no exact math for me to calculate this conversion. All will be based on experience and "feeling".

As for queued submit books, they will be processed with the new Rules System as well with the software, indicators, etc that are still in queue. What I cannot do is to go back to past processed posts and start to apply the new rule from there, or else I will never finish.

The old rule system was cumbersome and deceptive. You could have 10000000 wealthpoints and 100 experience and you could not download a measly 6000 Wealthpoints software with 900 experience requirement. So by the time you achieve 900 experience points you should be having trillions of Wealthpoints ! ! !

With new system, What You See is What You Get.

If you have 300000 and you want a resource that costs 100000 (usually Top Stuff) you are able to get it immediately. No need to accumulate silly Experiences ! ! !

Also, your awards will be more transparent, because we award you on multiples of what we assign as cost. The minimum multiple is 1.5X
So if you upload a cool and hot stuff and we deem it very valuable by setting it a cost of 70000, then you will get awarded 105000 (1.5X70000). Sometimes even more, depending on our discretion and how "valuable and unique" we feel it is.

If you see the graph of our awards, it is usually an exponential curve.
Why ? Because the more unique and cool is your stuff, the more award you will get. And if we assign it a high award, the probability is high...very high that you will get the 3.0X and even 4.0X multiples. That is why it pays to upload good resources no one has, before someone else does it for you and keeps the wealthpoints.
So when you get in the range of contributing stuff that has the cost set in the range of the 100000's, chances are high that you will get the 200000(2.0X), 300000 (3.0X) awards easily.

Of course, once I get all this forum mess fixed, I will also allow other ways to earn Wealthpoints. In order to keep the "yosewe spirit" somewhat alive.