2.1.9. Options Pool

The options pool will be the source of tokens, distributed through reward mechanisms embedded in the Digital Platform, and available to power eCitizens who are active in BlockchainValley (the "Options Pool"). The best contributors on the Digital Platform will be eligible to receive 4IR Tokens rewards after having their contribution approved by the entire community of Users, eCitizens and eCompanies. Therefore, eligibility of positive contributors is based on objective criteria to be determined and validated by the eCitizens. There will be a maximum annual cap for each eCitizen. These options will vest over a certain period of time.

Activities taken into account to enter the Options Pool are:

  • product/Service reviews,

  • blogs/articles,

  • comments,

  • referrals, and

  • up and down voting.

Metrics will be based on the approval or rejection of their fellow eCitizens through like or dislike/up or down vote features, meaning that in order to validate positive eCitizens contributions, a certain threshold of approval needs to be reached.

The criteria, which may vary, will be:

  • an average score of upvotes to contribution,

  • minimum amount of contributions, and

  • high overall contribution quality of combined reviews.

    Posting comments or any eCitizen contribution as well as up or down voting will have a cost in 4IR, to ensure their authenticity. This reward system incentivises and boosts the use of the Digital Platform and seeks to channel quality over quantity as the contributors will compete to enter the Options Pool in order to receive higher rewards. Biased or negative contributions would hamper their chances.

Last updated