Showing posts with label purse. Show all posts
Showing posts with label purse. Show all posts

### +juke tax

Intrinsic to u-u economics, juke taxation (or simply tax) is residue from juking as a form of compliance (ie. fungibility maintenance = standard excise) that stems (inspirationally) from curvature over finite fields* (redefining algebraic curves in terms of floating-point arithmetic); with non-trivial zeroes lying on the critical line, 1/2 + ir, where i is an imaginary number, and r is a real number {ir completes^ the twistorspace value}.** The tax is a default house fee parimutuelly embedded in each fret. Funds get recycled♻, springing cache-credit idempotence. ^^ A contribution from the rational portion of half-integer statistics. (see ¢ent, MONEY, font, residue, token, Quantumquotient, quotient normalization, ludeiy, juker's ruin, carrots🥕+peach🍑, 📓juke tax as universal basic income, common ¢ents, fret, Juke Lemma, cybernetic governance, DUCK🦆, local zeta-function)
/// In cybernetic governance, taxation is a seigniorage/excise applied to utilities (ie. energy) costs.

### +handicap

An opus' handicap, or just cap, is its projected yield, as measured in ¢ents (compounded to dollars). It is computed from the product of the actual fret (plus tax) multiplied by the maximum number of O♯ semitones* (cap = fret ⊗ 2,600), thereby completing the ¢ent formula.** One-hundred (100) ¢ents each.

This figure constitutes the extrema of the opus it represents (akin to how much twistorspace it occupies). The cap is a spread (security estimate) that places a quote on the calculation derived from the above equation. Bounded extrema (minima/maxima) would constitute a potential loss for the juker/gain for the house, which can be rectified with improvisation. [Handicap commutations (≡) are fonts.] (see coupon)
/// Losses here are absorbed by the jukebox; jukers get no refund. But, improvisation (ie. fibor-bundling) can keep the game afloat.

### +playoff

A playoff is an open (ie. competitive game or series of games of skill between pro-am teams* involving improvisation) in which coupon partitioning is parlayed with a purse [high-score wins🏆].** A team can be an individual (solo) representation. (see jukepot, Black-and-White, treble, token, sport, sticker)
/// Purse-wise, house fees (ruin) are kept at a minimum in tournament mode. The ruin [remainder] is deducted from tiered winnings (depending on number of entrants -- first place🥇: 50 - 100% (one entrant gets whole thing, 1+ gets half -- aka 'break even'), so house takes deductible of balance 0 - 50%) [ceiling] plus processor [floor] (= fees tallied from tokens, compliance (ie. tax), or some combination of both). The eventuality is that the winner's share will gradually increase to one-hundred percent (100%) minus the processor, as more players participate in a game that approaches its complexity.