{"id":2032,"date":"2019-08-22T23:44:04","date_gmt":"2019-08-23T03:44:04","guid":{"rendered":"http:\/\/replicationmarkets.com\/?p=2032"},"modified":"2019-09-03T21:38:52","modified_gmt":"2019-09-04T01:38:52","slug":"prize-update","status":"publish","type":"post","link":"https:\/\/replicationmarkets.org\/index.php\/2019\/08\/22\/prize-update\/","title":{"rendered":"Prize Update"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2032\" class=\"elementor elementor-2032\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2960149a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2960149a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62cf81b1\" data-id=\"62cf81b1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b763c93 elementor-widget elementor-widget-text-editor\" data-id=\"4b763c93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\n<p class=\"wp-block-paragraph\"><strong>Important Prize Clarifications<\/strong><\/p>\n<p><\/p>\n<p><\/p>\n<ol class=\"wp-block-list\">\n<li><strong>The<em>\u00a0total prize amount<\/em>\u00a0for a Round is determined by the number of resolving claims in that Round.<\/strong><\/li>\n<li><strong>Payout is proportional to\u00a0<em>all<\/em>\u00a0winning shares in the round,\u00a0<em>not<\/em>\u00a0per-claim.\u00a0<\/strong><\/li>\n<\/ol>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\">The Round 0 Market will pay $360 x 12 = $4,320 total. If you have 5% of winning shares, you will get 5% of $4,320 = $216, regardless which claims those shares come from. Awards will be made when all answers are known (July \u202f2020). For more details, read are newly clarified\u00a0<a href=\"http:\/\/xmi15.mjt.lu\/lnk\/AUIAAB1LnlgAAAAAAAAAAAAolsQAAAAACNMAAAAAAA8btABdXyy-ezA2SqA5TpG-xIy26IFmOwAO5rM\/1\/QedxIZH3yKJJXwEd9Upe8w\/aHR0cHM6Ly93d3cucmVwbGljYXRpb25tYXJrZXRzLmNvbS9pbmRleC5waHAvZnJlcXVlbnRseS1hc2tlZC1xdWVzdGlvbnMvcGF5b3V0cy8\" target=\"_blank\" rel=\"noreferrer noopener\">Explanation of Payouts.<\/a><\/p>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\">For the record, here is what we said before in The\u00a0<a href=\"https:\/\/replicationmarkets.com\/index.php\/frequently-asked-questions\/rules\/\">Rules<\/a>, about Round 0.\u00a0<\/p>\n<p><\/p>\n<p><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The prize pool for the meta-market is USD 4,320 (USD 360 for each of the 12 meta-claims) and is allocated proportionally to the points earned in these markets.<\/p>\n<\/blockquote>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\">That can be read as either proportion of each claim\u2019s $360 or proportion of the total (likely $4,320).\u00a0 The second reading is correct, and we apologize for the ambiguity and any confusion.<\/p>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\">Thanks to an astute participant for spotting the issue, and our experiment team for convincing our PI that he had it wrong, and that it <em>mattered<\/em>.<\/p>\n<p><\/p>\n<p><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00a0Saruman! A wizard should know better!<\/p>\n<\/blockquote>\n<p><\/p>\n<p><\/p>\n<p class=\"wp-block-paragraph\"><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-085efae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"085efae\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-11dedce\" data-id=\"11dedce\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b87355a elementor-widget elementor-widget-video\" data-id=\"b87355a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/v7NzBTRzCkg?t=10&quot;,&quot;start&quot;:10,&quot;end&quot;:15,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Important Prize Clarifications The\u00a0total prize amount\u00a0for a Round is determined by the number of resolving claims in that Round. Payout is proportional to\u00a0all\u00a0winning shares in the round,\u00a0not\u00a0per-claim.\u00a0 The Round 0 Market will pay $360 x 12 = $4,320 total. If you have 5% of winning shares, you will get 5% of $4,320 = $216, regardless&hellip;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[18,30],"tags":[44,33,45],"class_list":["post-2032","post","type-post","status-publish","format-standard","hentry","category-announcements","category-results","tag-prizes","tag-rounds","tag-updates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/posts\/2032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/comments?post=2032"}],"version-history":[{"count":3,"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/posts\/2032\/revisions"}],"predecessor-version":[{"id":2146,"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/posts\/2032\/revisions\/2146"}],"wp:attachment":[{"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/media?parent=2032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/categories?post=2032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/replicationmarkets.org\/index.php\/wp-json\/wp\/v2\/tags?post=2032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}