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Author Topic: [ANN] ClearPoll User Rewards system announced  (Read 170 times)
ClearPoll (OP)
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January 26, 2018, 01:16:23 AM

Over the past few months, we have done a lot of listening and learning. We’ve listened to token holders, influencers and industry experts.

We realise now that the only way forward, to give ourselves the best chance to succeed in this market, is to reward our users for their attention and for their content.

ClearPoll User Rewards : Earn POLL tokens for using the ClearPoll App. 50% of all revenue collected, will be given back as user rewards.

We have created a system in which users are rewarded for content creation (creating polls within the app) and also participation in Sponsored Polls. Users earn 1 point for each vote they receive on an active poll they created, and 1 point for each vote they cast on a Sponsored Poll. At the end of each month, all users are ranked according to their points total. The rankings are split into “levels” – 1 through 10 – and each level up, receives a greater share of POLL token revenue for that month. Users will see which level they are currently on, within the app, and be encouraged to “level up” before the end of the month. The rewards system commences on full launch, in May.

50% of all POLL token revenue we receive, will go directly to user rewards. To be eligible for rewards, you must enter your POLL address into the app. That means that if you’re in the few % of all users who actually understand what crypto is – you’re going to be generously rewarded.

For example, if only 2% of all ClearPoll users have a POLL token address entered into the app, 50% of ALL ClearPoll revenue will be split amongst those 2% of users.

After each month is closed off, user points revert back to zero, and it all starts again. This creates an interesting monthly leaderboard scenario – adding a little fun, and giving new users the chance to earn rewards from day one. Points and levels are wiped clean. POLL token balances remain (roll over to the next month) and there will be a minimum withdrawal limit before a payout can be requested.

We believe that rewarding users for creating great polls (asking great questions) is going to result in a higher quality product, with more valuable data. We will not reward users for voting on other user-generated polls – because we do not want to influence the results by encouraging users to vote on absolutely anything, regardless of their personal interest in that topic.

On top of this, the 50% of revenue that is not allocated to rewards, will be locked for 30 days before being released to the company. This is done automatically with a smart contract, and addresses the issue of buying and selling POLL in a short time frame. We will be accepting POLL tokens AND fiat as payment methods for ClearPoll. The vast majority of our clients will not be familiar with how to obtain cryptocurrency (specifically POLL tokens) so this removes a major barrier to entry and will result in much higher revenue. Every single dollar received in fiat, will result in POLL tokens being purchased from exchanges. That POLL is then split 50/50 to rewards and company revenue (locked for 30 days) meaning there is NO immediate sell. The revenue split rate will be reviewed after 6 months from launch date to ensure sustainability.

Key Benefits to the User Reward Program:

  • Mass exposure to POLL tokens. All users, potentially millions of them, will be offered rewards only in POLL tokens. It is the only way to “cash out”.
  • Introduction to cryptocurrency for all users – this benefits the crypto market in general, and being a POLL token owner will be many users first crypto experience.
  • Better quality content. Users are rewarded by how many votes their poll receives, encouraging better questions.
  • Better content means more users and better user retention.
  • The minimum withdrawal means POLL tokens are held by us until a withdrawal is made, reducing “true” circulation.
  • Gamification of the app – the monthly leaderboard will encourage new users to persist, and existing users to improve on their previous months.

We will continue to listen and adapt – offering the best experience and highest quality product possible. We hope this is as exciting for you as it is for us and we’re looking forward to rewarding great content, and giving back to our community.

– The ClearPoll Team
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