Arcblock proof of contribution reward system question
I know Robert mentioned in the recent podcast the community rewards for Arcblock will include “proof of contribution” mining system, which includes all contribution to Arcblock community. Wanted to ask, would these rewards also increase for you by having interactions with the ecosystem? For example, having Blocklets subscriptions, using the blocklets (i.e NFT maker), minting/buying NFTs, building DApps on AIGNE?
And would the rewards also increase if you have been bridging ABT from ETH mainnet to ABT mainnet?
20 replies
老冒的想法总是如此特别,令人意想不到😃
He’s a visionary🤝💎
yes
🔥🚀
We will gradually make this reward system comprehensive and fair, and with the support and help from our community. We will present proposals and conduct votes for the majority of those rewards to guarantee fairness and transparency.
(Disclaimer: This is just an idea dump in public, we could improve of change later)
Reward Pools
We will establish various reward pools periodically and for different purposes.
In essence, any action that has a positive impact on our community will be rewarded. It is crucial to note that these rewards can be received repeatedly for the same contributions made in the past, as this is the inherent nature of the reward pool system.
Various contributions may carry different weight in different reward pools. For example, in a reward pool dedicated to builders, contributions related to marketing or promotion may carry less weight, whereas in a reward pool for opinion leaders, the same contributions could hold significant weight.
The reward pools will expire, and any unclaimed rewards will either be returned to the community reward fund or rolled over to the next pool, in accordance with the rules of the reward pool. However, as the rewards are distributed periodically, even if some contributors may have missed out on a reward pool, they still have opportunities to partake in future rewards and their efforts will not be overlooked.
Reward Pools are NOT airdrops
Unlike the airdrop events of many crypto projects, reward pools are not distributed automatically. All rewards must be claimed by the recipients, as ABT operates within a circulating economic system. This approach ensures that the ABT token is utilized efficiently and circulated within the community, without being sent to inactive accounts, regardless of their contributions.
We will utilize algorithm and AI assistance to filter out negative behaviors in order to guarantee that only genuine community members receive rewards, excluding any "e-beggers," spammers, or Sybil attacks.
DID/Verifiable Credentials will be used for Proof of Contribution
We already possess highly advanced and refined technology for "Proof of Contribution", namely Decentralized Identifiers (DID) and Verifiable Credentials.
Many actions have already been recorded on the blockchain, whether in the transactions themselves or in the VC/NFTs you possess. Rest assured, even if you have already traded the NFTs, the blockchain retains all information regarding their original ownership.
For off-chain activities, such as contributing on social media, creating tutorials, assisting us with social media marketing, generating content, reporting issues, etc., we will employ a variable verification method and issue Verifiable Credentials upon completion of said verification.
All reward pool claims will be solely based on on-chain transactions or verifiable credentials.
What are considers as contributions ?
There are many things that we will consider as contributions. If you believe we have overlooked something, you can always suggest additions.
wow, that is amazing!😁 Looking forward to when all of this will be implemented
Well sign me up for Long Holder! Excited to start building. 🦾😎
me too broths🫡🔥 $ABT is the best
This is quite interesting. I hope I have more time to explore all the possibilities here.
this is awesome 🔥
早期长期持有者,以前反正手机钱包里,后面转移到硬件冷钱包里,还算吗😁
不在交易所里的地址都是可以统计的。
This is awesome, at least I have a chance to get some rewards for posting about Arcblock. Im not computer literate at all, so I most likely won't be building apps, so I will try to promote 🤣🤣🤣
Exactly brother, it’s such a fair system, all contributors will get rewarded depending on their skill set👏 I love it man
I love this project and I will help anyway I can!!!
me too! nice to see you on here btw😁🔥
the best project of this cycle💎 we revolutionize the crypto space🤝
现在abt升值了,我想把原生币转移到冷钱包里面,手机带身上到处跑不安全
probably the safest option is to spread your ABT holdings over multiple wallets: keep some ABT in DID, some on a cold wallet, etc 🙌
大额是建议放在冷钱包内。