Currently users can generate additional Boid Power based on the power of users they invite. The system works fine, but there are several issues with the implementation which need to be resolved before the system can scale.
Issues with current Social Boid Power implementation:
- Additional power is created “out of thin air” which is antithetical to how Boid Power should work, all Boid Power should be linked to some unique contribution or resource.
- The top beneficiaries of Boid Power are not dynamic, there is little movement or changes in ranking of individuals on the “Social Power” leaderboard.
- Team leaders benefit the most from social power, but the new token economics sets aside some dedicated inflation for team leaders, making the social power redundant.
Since the existing social Boid Power function is being phased out, it would be great for the community to help develop a new social incentive framework to encourage and reward users to invite others to join Boid.
- 250,000 BOID
Develop documentation around a new social incentive system, how should users be reward? Some examples might be sharing Boid on social media etc. Should the reward funds come from the Boid Worker proposal system? How do we prevent users from abusing the system while also keeping things as decentralized as we can? Try to be comprehensive.
- 250,000 BOID
Technical documentation. How could the new system be constructed in a technical way? What data would the Boid Validators need to provide into the system to track user activity. What smart contracts need to be built to power this functionality? A technical person should be able to follow the documentation to write the code.
- 2,000,000 BOID
Technical implementation. Build out the code described in the documentation. Include unit tests and testnet/mainnet deployments. Include additional technical documentation. This could be an extension to an existing Boid smart contract.
- 500,000 BOID
Develope a Vue UI component to be added to the existing Boid UI which displays relevant information.
Should “Social Power” be a type of Boid Power just like from WCG or POW mining, or should it be a totally different metric in the Boid ecosystem? Let’s start a conversation.