It’s an interesting approach, in terms of incentives. If someone is purely financially motivated, they might zap 69% of the kitty (nice) to more-or-less guarantee a reward.

Or if you’re tryna play rough, you might zap 70% (I see you, nostr:npub12262qa4uhw7u8gdwlgmntqtv7aye8vdcmvszkqwgs0zchel6mz7s6cgrkj 😂)

Other users are incentivized to engage: it’s a chance at profit for next-to-no cost (other than perhaps a little bit of dignity, but many of us have bid dignity goodbye long ago).

And for the bot, all it takes is two users trying to win — by trying, I mean zapping a large portion of the reward — to ensure the house makes a profit.

I’ll be curious to see how this model evolves, especially when you introduce businesses with marketing budgets and “influencer” accounts.

Not sure if I like it, but I like that it’s different. It’s refreshing. Onward 🫡

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The bot creator is doing well, taking a 15% cut of every note.

So in theory couldn't the owner zap enough to beat top bid, take the pot and even if it's a bid above 70% plus the 15% rake.

They could take the pot, but the rake is a fee. If you run a 1000 sat Buzzbot, you pay them 1150.

Let’s hope that at least some of those sats make their way over to a nostr dev or two 😉