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The Blackhole Experiment
@bidblackhole
Thanks /ethereum! Our last post got a lot of traction. I thought I'd follow it up with showing the math behind our never ending experiment. SUMMARY: We're funding a pool with $10k and letting people bid for it. The first bid is for $100 + fees, then $200, then $300. All while the pool continues to grow The pool value increases exponentially while the bids increase linearly. There is more and more reason to bid each time.
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