@gems.and.cookies @hindavi @tengolotodo @elemarg25 @nelinoeva @eolianpariah2 @tampilyne @elitogold @klub-wloczykijow @prudens @adinapoli @castri-ja @tommyl33 @apnigrich @tydynrain @yoieuqudniram @isabelpena @sgbonus @joslud @friendlymoose @ninahaskin @qwerrie @kvinkyl @trincowski @parissousa @thebigsweed @arbalestarx7 @olgavita @elizacheng @assegai @leeart @bettybunny

Here we are, with the seventh quarterly report in the Photochain Fund life. As announced in an official post more than a year ago by the owner account @davidesimoncini, I decided to introduce the Photochain Fund, by definition "a set of addresses useful for collecting value, in the form of supported tokens or cryptocurrencies, and mainly intended to support the project and to further reward the participants in the Photochain challenge". As announced in the official post that I invite you to read

READ THE OFFICIAL LAUNCH POST CLICKING HERE

the Photochain Fund is a project based on the collection of funds obtained thanks to different methods, and on a partial division of the rewards among all the contest participants, following the rules communicated in the official post mentioned above.

We have reached the month of October and, as the initial regulation of the PF foresees, the third quarter of collection has ended, the one that went from July to the end of September. The collection is small, the amount raised for this quarter is 3.7730 HBD, while the balance in HIVE has remained unchanged.

And now

And now it's time for the calculations. As announced in the Launch Post, at the moment 40% of the total amount will be retained, while 60% will be equally divided among the participants.

The magic number that establishes the total number of participants and beneficiaries of the PF share for this first distribution is 32.

60% of 3.7730 is 2.2638 about. With 32 beneficiaries, I decided to round up to reach the sum of 2.2720, obtaining

0.071 HBD
as participation share.

Considering that all the beneficiaries are more or less active on the chain or in the contest, once again I will carry out the transactions without requiring prior confirmation.

All those who participated in the thirteen editions finished before 30 September 2022 (edition from 124th to 136th) will receive their share. Those who participated in the editions completed afterward will re-enter the distribution of the funds raised in the next quarter.

Recapitulating, each beneficiary will receive 0.071 HBD. If your name is in the top of this post as a mentioned user, you are a beneficiary of the share.

Distribution .... How do I get the prize?

I distributed the shares yesterday. You can find your share in your HBD balance.

I hope I have been clear enough. Many concepts are not simple, but I invite you to ask for explanations or to make clarifications if you have doubts about it.

With this I greet you and I give you an appointment at the next edition of Photochain!

CLICKING HERE TO JOIN THE 23-30 SEPTEMBER EDITION!