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The Cista Pyramid #1 - closed

Author
Cista2
EVE Museum
#1 - 2014-11-10 08:31:26 UTC  |  Edited by: Cista2
*NB! This pyramid is closed.* New pyramid

This is my version of a fair and predictable pyramid scheme, which I hope will be fun for all on MD. It can be seen as an intelligent form of lottery, where you weigh your chances. The money is redistributed among participants - early tickets will double your money, while the last tickets get only a minor refund.

How the pyramid works.
Each ticket costs 1 million isk. Each layer is roughly twice the size of the layer above it, starting with 10 tickets in the first layer.
There is no limit to number of tickets you buy.
Your win comes when the next pyramid layer below you is filled. Your win will be 2 million isk per ticket.
Schematic of the working pyramid.

How the pyramid ends
The pyramid will close when no new tickets have been sold for 5 days, or when no layer has been filled for 10 days.
At the time of closing there will be players from 1-1½ layers that have bought tickets and not gotten a win yet, and these are the “losers”. All the money that came from tickets sold in the last layer will however be pooled and returned, so that these win-less players will share their loss. The money returned can be close to nothing, or it could in theory be almost 2/3 of the buy price of the tickets, but most likely it will be less than 1/3 of the buy price.
Schematic of the pyramid closing.

How does Cista2 make money on this?
I make the growth rate of layers slightly larger than doubling (10-20-45-100 etc). As more layers are added, this will provide the organiser a nice percentage profit along the way. I will take no percentage of the closing payout. In other words, I do not make money by ending this game, but by maintaining and repeating it succesfully.

Security
Before I launched this minor project, I made sure to first pay back my 40 bn uncollateralised bond.
Feel free to make a copy of the rules.

Want to join? Go to next post!

My channel: "Signatures" -

Cista2
EVE Museum
#2 - 2014-11-10 08:32:42 UTC  |  Edited by: Cista2
Current layer: Layer 9
Size is 4500 tickets
4490 tickets out of the 4500 are left to buy.
1 million isk per ticket - send isk to Cista2 now.
Buy as many tickets as you want - you can buy into the next layer also.

Important! I will fill the layers in order of isk received to the Cista2 account, not in order of posts!
If you are anxious about getting into a specific layer, mark your isk transfer with “Only layer 3” or similar, and I will return your isk immediately if they did not get into layer 3.

Size of upcoming layers
10000, 20000, 45000, 100000, 200000

Previous layers
Layer 1 (10 tickets): Elizabeth Norn (5), Patty Loveless (5) - paid out on November 10th
Layer 2 (20 tickets): Patty Loveless (5), Sarah McKnobbo (10), Atazzz (5) - paid out on November 10th
Layer 3 (45 tickets): Elizabeth Norn (45) - paid out on November 10th
Layer 4 (100 tickets): Triana Pure (50), The Greenmachine Greenmachine (50) - paid out on November 10th
Layer 5 (200 tickets): Elizabeth Norn (200) - paid out on November 11th
Layer 6 (450 tickets): Kara Roideater (200), The Greenmachine Greenmachine (250) - paid out on November 11th
Layer 7 (1000 tickets): Elizabeth Norn (1000) - paid out on November 11th
Layer 8 (2000 tickets): The Greenmachine Greenmachine (2000)
Layer 9 (4500 tickets): Kyra Lee (10)

My channel: "Signatures" -

Elizabeth Norn
Nornir Research
Nornir Empire
#3 - 2014-11-10 08:57:26 UTC  |  Edited by: Elizabeth Norn
Patty Loveless
Sebiestor Tribe
Minmatar Republic
#4 - 2014-11-10 09:41:19 UTC
Isk sent for the other 5 in layer 1 and 5 in layer 2

#yolo
Sarah McKnobbo
Sebiestor Tribe
Minmatar Republic
#5 - 2014-11-10 13:55:48 UTC
Could be fun!

ISK sent for 10 tickets in L2
Atazzz
Randers idioterne
#6 - 2014-11-10 14:52:16 UTC
ISK sent for last 5 tickets in layer 2
Cista2
EVE Museum
#7 - 2014-11-10 16:19:43 UTC  |  Edited by: Cista2
Layer 1 wins have been paid out to Elizabeth Norn and Patty Loveless, we are now heading into layer 3.

My channel: "Signatures" -

Elizabeth Norn
Nornir Research
Nornir Empire
#8 - 2014-11-10 16:53:58 UTC
Cista2
EVE Museum
#9 - 2014-11-10 17:17:15 UTC
Layer 3 filled.

Layer 2 wins have been paid out to 3 players, and we are heading into layer 4.

My channel: "Signatures" -

Triana Pure
Ministry of War
Amarr Empire
#10 - 2014-11-10 19:19:01 UTC
well sounds like fun...isk sent for layer 4
The Greenmachine Greenmachine
Green's Bicycle Shop
#11 - 2014-11-10 20:23:44 UTC
isk sent
Cista2
EVE Museum
#12 - 2014-11-10 20:54:19 UTC
Layer 4 has filled.

Layer 3 wins have thus been paid out, and we are heading into layer 5 with 200 tickets to buy there.

My channel: "Signatures" -

Elizabeth Norn
Nornir Research
Nornir Empire
#13 - 2014-11-10 21:13:55 UTC  |  Edited by: Elizabeth Norn
Cista2
EVE Museum
#14 - 2014-11-10 21:57:55 UTC
Alrighty, that means level 5 has been filled.

Level 4 players were paid out , and we now jump into layer 6 where there is 450 tickets.

My channel: "Signatures" -

Kara Roideater
#15 - 2014-11-11 01:27:48 UTC
200mil sent for 200 tickets. Fun, fun, fun!
Varius Xeral
Doomheim
#16 - 2014-11-11 03:27:08 UTC
Still having fun in Eve 5 years later...haven't learned that spaceship finance is serious business, not meant for tomfoolery.

Can I get an Eve Bank up in here?

Official Representative of The Nullsec Zealot Cabal

The Greenmachine Greenmachine
Green's Bicycle Shop
#17 - 2014-11-11 20:07:19 UTC
ill take the rest of layer 6
Elizabeth Norn
Nornir Research
Nornir Empire
#18 - 2014-11-11 20:18:02 UTC
Cista2
EVE Museum
#19 - 2014-11-11 20:22:28 UTC
Level 6 and 7 have been filled, players from level 5 an 6 have had their wins sent to them.

We are now entering layer 8 with 2000 tickets for sale.

My channel: "Signatures" -

The Greenmachine Greenmachine
Green's Bicycle Shop
#20 - 2014-11-11 20:41:45 UTC
all layer 8 plz
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