🪙Incentive Structure

Social Mining DAO: Building Community Through a Dynamic Incentive Structure

1. Introduction to the Incentive Structure: At the heart of Social Mining DAO lies a meticulously crafted incentive structure, meticulously engineered to ensure both financial and non-financial rewards. This dual-pronged approach aims to sustain a vibrant community that thrives on engagement, skill acquisition, and individual growth.

2. Skill-Based Badge Rewards:

• Concept: Badge rewards tailored to participants' unique skills and interests.

• Mechanism: Earn badges by undertaking and completing specific tasks.

• Benefits:

  • Recognition on the platform.

  • Amplification of personal profiles across other social media channels.

  • Encourages skill enhancement and acquisition of new competencies.

3. The Level-Based Progression:

• Hierarchy: Ranging from 'Junior' (Level 1) for newcomers to advanced tiers for seasoned contributors.

• Advancement: Progress through levels by accomplishing projects and tasks.

• Features: Each level is distinguished by its unique requirements pertaining to project engagement and task achievements.

4. Financial Intensives: The Crypto Advantage:

• Reward Form: Receive crypto tokens, a tradable asset on various cryptocurrency exchanges.

• Special Benefits: Airdrops of unique tokens for stakeholders and proactive participants, paving the way for passive income streams.

5. Non-Financial Intensives: Badge Bonanza:

• Concept: Earn badges as markers of skill sets and achievements.

• Benefits:

  • Showcase proficiencies to the community.

  • Earn additional crypto tokens.

  • Augment reputation, enhancing prospects of securing high-value bounty tasks.

6. Personal Intensives: Investing in Growth:

• Core Focus: Tailored for individual growth and skill refinement.

• Opportunities: Acquiring fresh skills can unlock:

  • Prioritized access to new projects.

  • Involvement in project evolution via feedback.

  • The chance to be a pioneer in specific domains.

• Additional Perks: Enjoy reduced rates on crypto tokens, increased earnings, and exclusive networking occasions.

Through its diverse incentive model, Social Mining DAO endeavors to nurture an interactive community that not only actively participates but also undergoes continuous growth. The blend of monetary and non-monetary rewards ensures a holistic development, fortifying both individual members and the overarching DAO. Together, let's craft a future of innovation, collaboration, and unparalleled growth.