The bounty tokens are part of the ICO tokens
And part of our community; I do hope bounty participants will keep their token because after, when we launch, there will be ongoing bounty campaign to get even more rewards.
How will this ongoing bounty campaign look like after you launched the exchange? Will it be something like an ambassador program? And how many tokens have you set aside for this purpose?
Hello
So we do have two funds, one managed by a DAO (amounting to 30 000 000 tokens) and one managed by the company (55 000 000 tokens). The DAO members are token holders.
Important to know : these 85 000 000 tokens will allow the SAO and the funds to receive revenue as well; so they will both receive an important part of the dollar shared every month; they will use these dollars to buy back tokens from the markets, to refill the fund, and sometimes can use it to pay in cash the winner of contests.
The first vote of the DAO will be how much token to be allocated everymonth for the ongoing bounty/contests. As example they can decided that 500 000 tokens per month, for 5 years, will be distributed, and how many bounty/contests per month (as example 10, so each bounty/contest would have a 50 000 tokens allocation).
Then everymonth, the winners are rewarded. Winners could be:
- the user who have invited the largest number of new users in Jarvis
- the developer whose add-in has been the most used/dowloaded/bought in Jarvis
- the influencer who has gain the largest amount of follower, or who has received the largest amount of tip (in Jarvis trading platform, you can tip people)
- the partner who has made us earned the most (as example, by integrating a DEX, user of the DEX could withdraw in cash through Jarvis fiat gateway, generating revenue for us)
- the trader with the best result of the month
- the user who has helped other users the most in the forum (it can be calculated by "this post was useful"
- etc.
And for bounty, it will be an ongoing one so as example : register in our exchange (+x tokens), download the app (+x tokens), take few trades (+x tokens), share our content on social media, etc.
The difference between the DAO and the strategic fund managed by the company, is that the company will mainly use the tokens for incentivizing partners, and communities to join Jarvis, while the DAO iwll mainly focus on individuals.
