Evolved Reward System
Last updated
Last updated
‘Provide coins to participants who uploaded photos?’
Many blockchain services try to expand and vitalize their ecosystem by rewarding participants with coins. But it exposes ecosystem to insoluble natural limitations and abuse.
For instance, some of participants might over issue meaningless data to get more rewards. If photo service like Instagram added rewards to their service, a significant number of users will upload dummy files to get rewards.
The PIBBLE Platform propose two kinds of brush as a solution to this reward system conundrum.
Green Brush
Red Brush
The Green Brush is a reward point given to participants for their activities. However, this Green Brush is unlike other mileage or point system in that it cannot be used for user’s own good. Participants must use Green Brushes that they have been rewarded with by contributing to platform and sharing contents for other participants.
For instance, one contributor rewards someone else’s photo or video with an UpVote. Thereafter, the Green Brush will automatically turn into a Red Brush while getting transferred to someone else. In other words, if I give 1,000 Green Brushes to person ‘A’, it is equivalent to person A getting 1,000 Red Brushes.
The Red Brush can also be used within the platform like PIB token. That is, it can be changed to PIB token in wallet or used in activities such as purchasing products.
The PIBBLE Brush cannot be traded on exchanges and can only be used within the PIBBLE Platform. PIBBLE brush can exercise influence proportional to Brush balance in community activities, especially in voting, and can be given to other account.
Even with this method, abuse is still possible. For example, by abusing the Green Brush -> Red Brush conversion structure, it is possible to give a particular account excessive amount of Green Brushes. To prevent such abuse, both Green Brushes and Red Brushes have limits based on user’s level. In other words, user with more participation and contribution has higher limits, thus able to earn and give larger amount of Brushes.
Chart below describes various activities to earn PIBBLE Brushes. The amount of PIBBLE Brushes earned is calculated on number of conditions, such as participation records, activity records and level.
