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THE DGMV-ID SUITE
BACK TO DGMV-ID MAIN SITEBLOGVISIT DIGITHREE LABS
  • Welcome to DigiCorp Labs
  • Introducing DGMV-ID
  • How it works
  • The core features
  • The integrations
  • Documentation
    • Installation and getting started
      • Download the app
      • Install the app
      • The features
      • The browser extension
      • For AntumID and MyDigiPassword users
    • FAQs
      • DGMV-ID
      • Glossary
    • Tutorials
      • Walkthrough DGMV-ID
      • 1. Create a new wallet by generating a seed phrase
      • 2. Recover a wallet by using an existing seed phrase
      • 3. How to install License Code
      • 4. How to use 2FA Generator
      • 5. Using the Password Generator on your Desktop
      • 6. Using the Password Generator on your iOS device
      • 7. How to add a Password Profile
      • 8. How to configure a Password Profile
      • 9. How to use Passwordless Authentication
      • 10. How to export your data to another device
      • DGMV token-How to install MetaMask
      • DGMV token-How to set up a MetaMask Wallet
      • DGMV token-Best Practices to store your Secret Recovery Phrase
      • DGMV token-Storage Methods to Avoid for Your Recovery Phrase
      • DGMV token-How to add the DGMV Token to Metamask
      • DGMV token-How to Withdraw DGMV Tokens from LCX
      • DGMV token-How to access the DGMV token on the Ledger
    • Downloads
      • User Manuals
        • User manual (Personal Use)
      • Product Brochures
      • Resources in PDF Format
    • API Documentation
      • API/SDK Documentation / Reference
      • Integration Guidelines
  • Learn & News
    • Learn & News
      • News and Updates
      • Industry Insights
      • Blog Posts
        • The case against passwords
        • Are we leaving the Middle Ages of the internet?
        • Finding the balance: Aligning transparency and security in a digital world
        • DGMV-ID: your partner for 360-degree credential protection
        • Authentication against cybercrime: The power of DGMV-ID
    • Case Studies
      • Success Stories
      • Use Cases
  • Roadmap / Release Notes
    • DGMV-ID Enterprise Dashboard - Roadmap & Release Note
    • Version updates APP and Password Extension (Plugin)
      • APP Version 1.2.6 - October 4, 2023
      • APP Version 1.2.7 - November 27, 2023
    • Upcoming Features
    • Bug Fixes
    • Changelogs
  • DGMV Community
    • Intro DigiCorp Labs
    • Contact
    • Social Media Links
    • The DGMV token
      • Using $DGMV
      • $DGMV Utility
      • DGMV Utility Wallet Addresses
    • Compliancy
      • T&C Commercial DGMV-ID Suite
      • Privacy policy
      • Token disclaimer
    • The DGMV brand
    • The DGMV reputation system
    • The DGMV governance system
      • Governance structure
      • The xDGMV token
      • Governance voting power
        • The Early Adopter Voting Power Booster
      • The governance process
      • Our governance incentives
    • DGMV Community News and Updates
      • October 25, 2023
  • Support
    • Support / Helpdesk
      • Instant Fixes
      • Contact Information
      • Report a bug or crash in the DGMV-ID mobile application
      • Report a problem when using DGMV-ID mobile application or browser extension
      • Report a problem when using DGMV-ID Enterprise Dashboard
      • Report a problem with the DGMV-ID passwordless authentication solution integrated in website/platform
      • Address other issues, questions and recommendations
      • Need assistance with the integration of passwordless authentication?
    • Feedback and Suggestions
      • Feedback Form
      • User Surveys
      • Feature Requests/Improvement
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On this page
  • Reputation system
  • Key features
  • Soulbound tokens
  • Benefits
  1. DGMV Community

The DGMV reputation system

Learn more about our contribution-based reward system

Reputation system

DigiCorp Labs is actively developing a reputation system designed to reward community members based on their contributions to the ecosystem – not solely on the tokens they hold.

This innovative approach levels the playing field between passive investors and active participants, promoting fair governance and enabling a network to develop.

Key features

  • Contribution-based rewards Evaluating community members’ contributions to the ecosystem's growth.

  • Enhanced fairness Ensuring fairer governance mechanics by considering token holdings and contributions.

  • Multiplier effect A higher reputation score multiplies your’governance voting power and increases the size of the rewards and rebates your receive.

  • Integration with 'soulbound' tokens Leveraging the 'soulbound' token mechanics, seamlessly integrated with DigiCorp's smart layer and sovereign identity solutions.

  • Community collaboration In partnership with our community, DigiCorp Labs, will compile a list of desirable actions and assign them reward values. These could include:

    • Social media promotion

    • Participation in referral and affiliate programs

    • Product usage

    • Community engagement

    • Governance participation

    • Creating and consuming educational content

Soulbound tokens

Soulbound tokens earned through predefined actions will be distributed to community members' wallets. These tokens hold intrinsic value within the DigiCorp Labs ecosystem, but cannot be transferred or sold. Their main function is to show how much you've contributed to the ecosystem, and unlock adequate benefits and rewards within it.

Benefits

  • Incentivizes positive contributions Encourages active engagement and fosters the ecosystem's growth and sustainability by rewarding users for meaningful contributions.

  • Fair governance Balances voting power, so community members who actively participate have a meaningful say in the decision-making process.

  • Inclusivity Newcomers can build their reputation over time without relying solely on token holdings.

  • Alignment with ecosystem goals Promotes actions that directly benefit DigiCorp Labs and its Community, including product usage, promotion, and community engagement.

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Last updated 1 year ago