The Liotes Satsman Experiment

3 hours ago

The Satsman Experiment.jpg

In the last Liotes Mission, we started an experiment that should enable people to earn some bitcoin over the website Satsman. We did this experiment for several reasons. One was to see how people would be interested in joining websites using our referral link and also to see what this brings to Liotes in the possible development of a upcoming project. I would like to share the numbers here.

The Liotes advantage with the Founder account

We have a founder account on Satsman and there will only be 500 of them for all times. This means that we have a big advantage when it comes to generate income over satsman. We get directly paid more for our missions, we get additional games that pay us every day and we get higher referral commissions. We get 21% on the first layer of referrals and 14% on the 2nd layer of referrals (people referred by our referrals). By 3rd of November the prices for a Satsman subscription will go up but since we did our subscription before that date, we will have the cheaper price when we renew the subscription in a year.

The experiment with the Liotes Mission and what it brought financially

We started the mission on 28th of october 2026. Here are the people that took part, how much they earned and how much referral comissions they generated directly for Liotes through the completing of their missions. Later we will see that there were also indirect comissions generated that actually make this very appealing:

User	Missions completed	Satoshis earned	Comissions generated for Liotes
@zekepickleman	11	363	12
@palomap3	15	355	20
@coquicoin	9	213	12
@gwajnberg	12	384	16
@bigtakosensei	6	142	8
@ifarmgirl	3	171	4
@jfang003	12	284	16
@pathfinder7191	9	213	12

A big thanks to all of you !

In total 8 people signed up for Satsman and they generated exactly 100 satoshis referral commissions for us from doing their missions. But what is much more interesting for us as a project is that they generated more consequential bonuses through their activity.

Sign up bonus

For each person that signed up and did at least 9 missions, we earned 300 satoshis. 6 people reached that status and they generated a total of 1'800 satoshis.

Army Rank Bonus

When we reached 3 Referrals that were doing at least 9 missions, we also achieved what is called an army rank reward and this bonus was worth 7'000 satoshis.

Country Bonus

Since the people who signed up to us where from different countries, we have reached the 'reached 3' and 'reached 5' country rewards that in total was 600 satoshis.

Thanks to the goodwill of these 8 people and especially to the ones that did at least 9 missions, we have generated for Liotes a total of 9'500 satoshis. This represents at today's prices around 7.4 USD worth of BTC. This is external money generated by the hive community that could basically purchase hive and bring value to the Liotes ecosystem.

This was in 4-5 days and with 8 people. Imagine how this could accumulate if more people were taking part? And this is without anybody upgrading their account and also nobody has recruited any people in their downline. If somebody decided to upgrade the account, we would earn 21% on the subscription he pays...

You can still take part

We'd love to have more people taking part. So you can still get started. Simply sign up with Satsman, do at least 9 missions (3 days of 3 missions). I've decided to distribute a pot of 100 LEN between all the people who accomplish that by next Wednesday.

If you want to join, simply share your username on Satsman here in the comment section.

Why streaks matter

As a side note, we've just accomplished a streak of 21 days without missing any mission. The platform paid us 2'100 satoshis for that...

Why Satsman is a good fit for the Liotes ecosystem

First of all, Satsman is all about Bitcoin, the mother of all crypto currencies. I thought that I knew all about BTC but I decided to take the courses on Satsman and I have to admit that I learned quite a lot of new stuff. By the way, you get paid for taking these lessons. It's a great way to learn about BTC and earn at the same time.

Of course, we don't know how Satsman will evolve and whether the Site will still be around down the road but a part from our paid subscription, there is not much risk involved. It's a great way for the liotes community to generate an income from outside of the hive ecosystem. Not only are you earning satoshis on a daily basis and learning about BTC, you generate a direct return for Liotes through the referral commissions that don't cost you anything at all. This is money that can be used to buy hive and to support Liotes and our tokens.

Where this could go...

Now we made this test with our community members. Imagine what could happen, if we tried to bring people from the outside of hive to sign up under us...