Designed Like a Casual Game: User Engagement & Rewards
To effectively utilize the REPUBLIK platform by multiple stakeholders with diverse objectives, a cohesive incentive structure must exist to unify their efforts towards shared platform objectives. The REPUBLIK rewards system aligns the interests of individual stakeholders with those of the platform, promoting cooperation and collective action.
This system uniquely incentivizes users at every level of engagement, including both creators and audiences. Users can earn tokens for their contribution to the platform, such as interacting with content, referring friends, and supporting creators, which sets it apart from current social media platforms that take their time and attention for free.
Game mechanics and a reward system designed to maximize continuous engagement on both the creator and supporter side will help drive active usage of the platform:
- Users use RPK to purchase Creator Tokens, supporting creators financially in the short term and betting on their potential through the promise of dividend payments pegged to their future earnings. By voting for their favorite creator, users help the creator progress up the ranks, earn badges & rewards, get more visibility within the app and, as a result, attract more supporters.
- Everyone (creators & supporters) gets rewarded for their active participation on the platform, such as voting, creating or sharing content. These rewards will take the form of:
- XP Everyone on REPUBLIK can earn XP. Users receive RPK based on the portion of XP they’ve earned in proportion to the total amount of XP accrued across the platform. Airdrop RPK rewards are given at scheduled intervals.
- Multipliers Help creators accelerate their earnings by staying more active on the platform and/or can be used to incentivize participation in ‘special events’ taking place on REPUBLIK.
- Badges Social currency to mark milestones in participation that provide holders with governance rights (e.g. selecting new special challenges, voting on contest dynamics), priority access to talent performances, events and one-on-one meets & greets.
- Everyone (creators & supporters) gets rewarded for their active participation on the platform, such as voting, creating or sharing content. These rewards will take the form of:
- Creators, talent scouts, celebrity-influencers, brands and others will be able to launch contests in arena with their own rules for participation, including:
- Format, genre, duration, etc
- Maximum and minimum number of participants (from 1v1 to thousands)
- Public or Private (by invitation only)
- Free or paid participation
- Creators, talent scouts, celebrity-influencers, brands and others will be able to launch contests in arena with their own rules for participation, including:
Earning XP on REPUBLIK
The REPUBLIK platform operates on a gamified system in which users are rewarded with the soft currency XP for actively engaging with and promoting the platform.
The following activities on REPUBLIK are incentivized with XP:
- Referrals
- Participating in and placing on the leaderboard of challenges.
- Interacting with content and creators
More actions will be added as the platform continues to evolve.
RPK Airdrops
To ensure fair distribution of RPK, a scheduled airdrop of tokens is executed based on the user’s earned XP relative to the total XP accumulated by all users on the platform.
FOR EXAMPLE:
The distribution is based on the amount of XP earned by each user in proportion to the total XP distributed across the platform.
