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.

Last updated