Those who have been playing Magic Dice have been gaining Magic Tokens (soon to be an SMT, hopefully) while they play, regardless if they win or lose.
Since Magic Dice first started in December 2018 but only started to pay out dividends on February 7th. Each day you get a dividend payout based on how many Magic tokens you earned. Users were earning tokens the entire time although they didn't know it.
For the last month 57,394 Steem has been distributed via dividends but in the last 24 hours 11,283 Steem* is about to be distributed. That's almost 20% of a months volume in a single day!
Typically I find dividends are around 0.85 Steem - 1.30 Steem per 1M Magic Tokens. Today we are looking at 10 Steem per 1M Magic Tokens.
Where is all this volume coming from?
I typically do a large portion of the volume on a daily basis. In the past was a majority fo the volume before the dividends started to get distributed. Today?
| User | Volume |
|---|---|
| kingdice | 1415723.7810 Steem |
| steem-nice | 41992.7190 Steem |
| walktoheaven | 18603.7500 Steem |
| crypto-miner | 16098.2910 Steem |
| gunam | 13439.7740 Steem |
| bekirsolak | 12442.0750 Steem |
| apone | 10148.4790 Steem |
That's a lot of volume for only 7 people. Approximately 1,528,449 Steem wagered between just 7 users.
I've been pretty discouraged about Magic Dice lately as the dividends had built up a lot of momentum before "the outage" and never have been the same since. They are slowly getting better then BAM today shatters the entire month.
Pretty impressive. If some of the people who were playing before dividends were turned on kept playing, we would have some serious dividend distribution on a daily basis.
It seems to be slowing down now, so I don't think we will see 15,000 Steem in the next 1hr 42 minutes.