Reward Models
Bond integrates diverse reward structures, influenced by the social graph and user activities within the network. These reward models not only incentivise user engagement but also play a crucial role in brand building and expanding your user base. Here are the reward models Bond supports, but they are not limited to these:
Referral and Invitation Rewards: Users can share invitation links, and for every new user that joins through these links, the inviter receives rewards. The amount of these rewards could depend on the inviter's degree centrality (how many users they've invited) or Page Rank centrality (how active or influential the new users are).
Revenue Sharing Rewards: A portion of transaction fees generated by the users brought in by an inviter could be allocated back to the inviter as a reward. Users who bring in more active or influential users (as measured by Page Rank or Betweenness centrality) might earn higher rewards.
Token Rewards: Users can earn tokens by publishing content, interacting with other users, or performing beneficial actions on the platform. These rewards could be influenced by the user's centrality metrics—for example, a user who frequently interacts with others might earn more token rewards.
Special NFT Rewards: Special NFTs could be issued to users who reach specific milestones or achieve high scores in certain centrality measures.
Reputation-Boosting Rewards: Bond is implementing a reputation system, where users earn higher reputation levels for active participation and meaningful contributions to the network. These levels could influence the amount or type of rewards a user can earn.
Social Voting and Rating: Users could be incentivised to participate in voting or rating activities, with rewards given out based on the user's reputation level or centrality measures.
Collaboration Rewards: Bond can facilitate collaboration among users, incentivising them to work together to drive network growth. Users who participate in these collaborations could receive shared rewards.
This decentralised incentive approach enables a meritocratic and transparent reward system, incentivising authentic and beneficial behaviour on the platform. It's part of Bond's broader goal of building a more open, fair, and user-centric social network.
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