FUC by example

This is an old snapshot. For current progress see baunic.blogspot.com

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Instead of decreasing the quantity of votes proportional to the prizes delivered to the Fractal Universe Challenge (FUC) winners, I thought it will be better keeping the exact number of votes already out, and decreasing the prize of purchase of new votes. The rates are exactly the same but this way is better for peace of mind and calculations.

The formula of the necessary exchanges are:

Year(n)VotePrice = Year(n-1)VotePrice * Year(n-1)FUCpotBeforeChallenge / Year(n-1)FUCpotFinal

Year(n)FUCpotFinal = Year(n-1)FUCpotFinal + Donations - DeliveredPrizes

For example:

Year 1: Votes are sold at 1:1

Alice donates 10 coins, buys 10 votes.

Bob donates 20 coins, buys 20 votes and gives half of his voting decision for the next few challenges to Alice to impress her.

Clara will write & photograph #FUC over her buttocks for donations in her name to the FUC project, and gathers 35 votes this way.

Total votes: 65 (Alice 10+10; Bob 20-10; Clara 35)

FUCpotBC (BeforeChallenge): 65 (enough for one challenge at 25; 1st prize 10, 2nd prize 5, 3rd prize 4, 4th prize 3, 5th prize 2, 6th prize 1)

Challenge takes 15 coins instead of 25 because only 2 projects are actually working with replicable results.

FUCpotFinal: 50 (enough for another challenge next year even without new donations)

Year 2: Votes sold at 50/65 of last year's price.

Daniel donates 10 coins, buys 13 votes.

Total votes: 78 (Alice 20; Bob 10; Clara 35; Daniel 13)

FUCpotBC: 60

Challenge takes 25

FUCpotFinal: 35

Year 3: Votes are sold at 35/60 of last year's price, (35*50)/(60*65)

Evi donates 10 coins, buys 22 votes.

Total votes: 100 (Alice 10; Bob 20; Clara 35; Daniel 13; Evi 22)

FUCpotBC: 45 (not enough for a challenge as prizes could take more than 50% of the pot)

Challenge forced hiatus. FUCpotFinal = FUCpotBC

Year 4: Votes are sold at Y3 prizes, ~10/22 of Y1

Viral marketing donations get 1000 coins, 2228 votes

Total votes: 2328 (100 Y3 voters, 2228 Y4 voters)

FUCpotBC: 1045 (enough for the arranged maximum of 5 challenges a year)

Challenge takes 100 coins from 125 max (some prizes go unclaimed, some project discarded)

FUCpotFinal: 945

Year 5: Votes are sold at 945/1045 of Y4 price

Fabian donates 10 coins, buys 24 votes (rounded down integers)

Total votes: 2352

FUCpotBC: 955

Challenge takes 125 coins (all prizes of all 5 challenges are delivered, worthy projects)

FUCpotFinal: 830

Year 6: Votes are sold at 830/945 of Y5 price

10 coin donation buys 28 votes, 1 coin donation buys 2 votes

....

And so on. Which is as intended for a self-perpetuating system like this.


Update: After deliberating among Founders and Creed, for the first year 1 bitcoin will get 1024 votes and subsequent years will only take into account the deflation as intended, and not any fluctuation of Bitcoin to USD.

Why the FUC

This is an old snapshot. For current progress see baunic.blogspot.com

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The main idea behind FUC (Fractal Universe Challenge) is not just to find a formula of a self-consistent universe (or Our universe) but to feed the mathematical universe into the world's attention space and inspire development, especially tutorials as a beginning, for those not mathematically inclined but creative and artistic enough to use ready-made tools and zoom-in to something which, the mathematicians finding the fractal version of e=mc2, may not stumble upon.

There is so much talent in the world mediated by so much development of concepts, formulas and language to express it. Ideas are finding the right environment to flourish, but single brains will struggle to take in all the necessary intermediary steps. A collective consciousness can do quite a lot more, whether the sum is greater than it's parts or not.

Working together will undoubtedly improve each other's performance and reduce redundancies, freeing resources for a different goal.

We don't need to invent a new piece of code or learn a new programming language to materialize ideas. A collaboration between different knowledge sources will ease the flow of ideas from personal-neurons-coded to communal-formula-coded.

Somebody is really good at setting up a fractal program and basic input parameters, somebody else is really good at finding self-consistent formulas which allow for any(all) structures to be found but can't find the right structures among the crowd, somebody has really nice ideas on what to look for but can't set up the program or find a physics formula.

Some may have organizational skills, some may have good ideas, some may keep trolls at bay, and some may just bring a smile to the whole project.

Some can help promote this idea do a small part of this project, even without ability or time to work the formulas and programs.

It is something I would like to see (for the fun of it at the very least) sooner rather than later.

I have no doubt I will see it not too far into the future, certainly during my lifetime, but why not counted in years instead of decades?

And even if the formula is never found, searching for it will provide quite a lot of entertainment for me, also improving my own personal skills and mindset. I will share them with whoever wishes to listen.

FUC update

This is an old snapshot. For current progress see baunic.blogspot.com
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20160311 Update:
Donations will be gathered here:
184FreFajZwXksbezbKaU4XHxonVAyaYs2
We have a new Treasurer, Nathan Fisher of the channel Nate's Turn (ex Nate's Vlogs, unfairly taken down due to youtube copyright management) agreeing to collaborate with BAUniC in exchange for the free promotion he will get, (with his effort directly related to the popularity of the project, therefore fair), but also supporting the idea and the possible revolutions it may cause.
To check him out (worth your time for the related topics) you can go to his channel: https://www.youtube.com/user/NatesTurn/videos

We will be using human to human interaction and common sense to gather and count votes and donations until FUC becomes big enough for strict rules and automated setups.

Contributors before the first FUC competition event will be given a prestige title:

FUC Founder

Future contributors will get titles as well, though not the limited FUC Founder.

FUC Prime - Voting contributors that have been in the jury of at least one competition.

FUC Elder - Contributed and voted at least twice.

FUC Challenger - Participants with a working project.

FUC Creed - Nonvoting contributors who glorified the word of FUC through other means.