Proposal for FoldingCoin Dedication Reward
At the monthly meeting, I talked about using 5Mln of the 100Mln undistributed tokens we received for rewarding long-term folders. This way we can also reward small contributors for their dedication. What I propose:
We count the number of days an address has been included in the daily distributions. We then reward the folders via weekly distributions for reaching the following milestones with X amount of FLDC:
Level 0: New Folder - 0-10 days - 0 FLDC
Level 1: Junior Folder - 11-25 days - 200 FLDC
Level 2: Folder - 26-50 days - 500 FLDC
Level 3: Senior Folder - 50-100 days - 1000 FLDC
Level 4: Hero Folder - 101-365 days - 5000 FLDC
Level 5: Legendary Folder - 1yr-2 yrs - 10000 FLDC
+ Level 5+: Folding Champion - +2yrs - 50000 FLDC
These rewards might be small to huge miners, but they are sizeable to smaller ones. We could also only do it above a certain level. Next to this we can make badges for this (Like a FLDC logo with a number on it) that people can proudly use on bitcointalk.
For the next week, I would like to get feedback from the community on this and then we will put it up for a vote in this thread.
So, what do you think?
I'm in favour of this, the reason im still folding is not because of profit but rather the value of the work units i process.
I like it!!! Waiting for GPU #2 to get returned from repair!! Gonna double the folding power!!
Thanks for the feedback! I will ask Robert to create a poll in this Bitcointalk topic, which will run untill the next public meeting to see if the majority is in favor of trying this out.