3 ms·

Play chess, earn money

13 points by aspenmayer 5y ago

SubiculumCode 5y ago
Interesting. But there is so much cheating in online chess these days, adding money just seems like trouble.
- klyrs 5y ago
  They say there's money involved, but the statistics paint a different picture: 4,690 Games 625 Players 72.7 K Transactions $ 0 Volume I'm not really sure what to make of the ratio of transactions to games... and despite that, zero volume?
  - 91dylwyn 5y ago
    Somebody made money... its now $ 1,040 Did someone win?
  - teruakohatu 5y ago
    I think there is a transaction per move, since everything is recorded on the block chain, so the transaction number might represent ~15 moves per game on average, the mean is probably skewed to a lot of people messing around for a few moves then stopping... Or optimizing for a win by stopping early as soon as soon as the odds are against them?
- qayxc 5y ago
  It's a bit funny, the ToS state that players suspected of cheating get their account terminated and must pay back any wins within 90 days. Problem is, the company is based in Germany and I don't see any way they could possibly enforce the refunding internationally - neither legally nor by technical means.
- thret 5y ago
  I believe detection of cheating is becoming quite good at major online sites. Seems like they would need to hold on to winnings for a while after games though iot settle disputes because it does take time.
btdmaster 5y ago
Requires a https://handcash.io https://handcash.io account to earn money, which is bound by KYC etc. I'm happy with Lichess.
- mdm12 5y ago
  It's the logical next step in the saga that is cryptocurrency: have human miners waste their mental CPU cycles.
91dylwyn 5y ago
If no ads and no member fee...where is the money from? I don't quite get it. Nice graphic tho.
beebmam 5y ago
"All relevant actions are stored forever on a public blockchain." - yeah, no thanks! So much human effort put into dystopian blockchain technologies, what a shame. Do we really have to monetize everything? I opine that social media has become such a cesspool because monetization has become more accessible and lucrative over the last decade.
- drsnow 5y ago
  We decided that the answer is yes, we have to monetize everything, when we let healthcare be a profit-oriented, privatized industry in the US.

13 points by aspenmayer 5y ago

SubiculumCode 5y ago

Interesting. But there is so much cheating in online chess these days, adding money just seems like trouble.

klyrs 5y ago
They say there's money involved, but the statistics paint a different picture: 4,690 Games 625 Players 72.7 K Transactions $ 0 Volume I'm not really sure what to make of the ratio of transactions to games... and despite that, zero volume?
- 91dylwyn 5y ago
  Somebody made money... its now $ 1,040 Did someone win?
- teruakohatu 5y ago
  I think there is a transaction per move, since everything is recorded on the block chain, so the transaction number might represent ~15 moves per game on average, the mean is probably skewed to a lot of people messing around for a few moves then stopping... Or optimizing for a win by stopping early as soon as soon as the odds are against them?
qayxc 5y ago
It's a bit funny, the ToS state that players suspected of cheating get their account terminated and must pay back any wins within 90 days. Problem is, the company is based in Germany and I don't see any way they could possibly enforce the refunding internationally - neither legally nor by technical means.
thret 5y ago
I believe detection of cheating is becoming quite good at major online sites. Seems like they would need to hold on to winnings for a while after games though iot settle disputes because it does take time.

btdmaster 5y ago

Requires a https://handcash.io https://handcash.io account to earn money, which is bound by KYC etc. I'm happy with Lichess.

mdm12 5y ago
It's the logical next step in the saga that is cryptocurrency: have human miners waste their mental CPU cycles.

91dylwyn 5y ago

If no ads and no member fee...where is the money from? I don't quite get it. Nice graphic tho.

beebmam 5y ago

"All relevant actions are stored forever on a public blockchain." - yeah, no thanks! So much human effort put into dystopian blockchain technologies, what a shame. Do we really have to monetize everything? I opine that social media has become such a cesspool because monetization has become more accessible and lucrative over the last decade.

drsnow 5y ago
We decided that the answer is yes, we have to monetize everything, when we let healthcare be a profit-oriented, privatized industry in the US.