Activity Rewards (Under Development)
For each epoch (4 weeks), there will be a pool alloted for rewards, R, to be split between all Curators, Collectors and Creators. Each indibidual in the pool will receive an individual attention score, w, that will be used to determine the reward, r, for a specific individual. The individual score is determined by the formula
is a quantifiable good behaviour factor and
is the second good behaviour factor for this individual category over that period.
Alpha (α) is a constant that allows increased or decreased weighting on either on either
and this is demonstrated through the "Rewards of
" plots at the end of this section. Changing
over a period of time allows TokenTraxx to manage the goals of the platform through the incentive mechanism for users.
For example, let's say in the beginnning of protocol, we want to focus on "Democratisation over revenue generation".
for Creators in the table below, we can initially set
to reward Creators to increase "# of listeners/epoch" when they launch a campaign. We can then gradually decrease
to 0.1 in the future epochs, which will then reward Creators who have generated the highest revenue for the protocol, thus incentivising the highest monetary value generator Creators with the best music.
Individual Score Formula
Individual Reward Formula
Examples of Good Behaviour Factors
*other values of
shown to display weight effect of