Roles In Bond Ecosystem

For Projects

In Bond ecosystem, the project team plays an important role in building, developing, and maintaining a decentralised social networking platform. They need to leverage the technology and tools provided by Bond to create a decentralised social networking platform with better user experience, higher security, and stronger scalability. Additionally, Projects can use the simplified integration process and common APIs provided by Bond to effectively reduce the difficulty of deploying dApps. Projects can also use Bond to provide a variety of customisable social relationship incentive solutions for projects to customise reward models and token economy models.

The project team's role is also to design and implement reward mechanisms using Bond to incentivise user participation and increase user activity on the platform. The project team can use various reward models provided by Bond, such as liquidity mining, token staking, trading rewards, and airdrops, to design reward mechanisms and customise algorithm parameters to better meet their needs and ensure fair distribution of rewards.

Furthermore, the project team can use Bond to record user social graphs and quantify their value and contribution to the social network. They can calculate rewards based on a user's centralities, contribution, and participation in the network, and automatically distribute rewards through smart contracts to ensure fairness and transparency and enhance user trust and engagement in the platform.

In summary, the project team's role in Bond is to design and implement reward mechanisms, quantify user contributions to the platform using centrality algorithms, and distribute rewards based on these contributions. They can use the tools and algorithms provided by Bond to attract and retain more users and increase platform activity while maintaining sustainability.

For Users

In Bond ecosystem, users can play a crucial role by participating in the construction and interaction of decentralised social networks. They can use Bond Protocol's decentralised social graph and smart contract-based incentive mechanism to establish and maintain their own social networks, and gain more social value and influence through these networks. For example, users can attract attention and interaction by creating and sharing interesting or useful content on social networks. These contents can include articles, pictures, videos, music, etc., or provide professional or personal knowledge and skills. Through social interaction with other users, users can establish their own brand and reputation and attract more followers. At the same time, Bond provides various economic models that offer more incentives and reward mechanisms for user creations.

As a part of Bond ecosystem, users can enjoy many benefits in social networks. For example, they can better control their personal data and privacy since the data is no longer controlled by centralised platforms. Additionally, decentralised social networks can help users connect and interact better since they are not restricted by geographical or political borders. Most importantly, decentralised social networks can provide users with fair and transparent opportunities to showcase and enhance their social influence and value.

Regarding incentive mechanisms, users can gain rewards for participating in social networks. Bond provides a smart contract-based incentive mechanism that allows users' social behaviours and contributions to be transparently and fairly rewarded. These rewards, such as tips, referral rewards, and the sale of NFTs, etc., help strengthen users' social influence and engagement. Additionally, through membership subscriptions, users can receive more social benefits and privileges to further enhance their social influence and value.

In summary, Bond creates a place where users can obtain better social connections and value by participating in decentralised social networks, and can receive fair and transparent rewards through the smart contract-based incentive mechanism.