The points system in CheckerChain

CheckerChain is the decentralized review aggregation platform built on the Elrond blockchain. In our user base there are 4 type of incentivized users:

1. Poster
2. Reviewer
3. Social Influencer
4. DCA (Dedicated CheckerChain Ambassadors)

The first three users types are in-application based incentivized users who will be performing predefined task in CheckerChain. Know more about user task and architecture of incentive here and tokenomics of CheckerChain here.

Incentivized users in CheckerChain

In-application users will be given points in conquering every assigned tasks in points basis. The points can be claimed in $CHECKR token later. The points will be claimable after every epoch i.e. weekly or it will be monthly claim basis (given the nature of task). The ratio of point to CHECKR will be 1:1 for now. But please note that this ratio will be adjusted according to value of $CHECKR.

1:1 CHECKR — CP COnversion Ratio

Points Reward in accordance to task

1. Check-in

• Welcome: 100 points
• Maintain streak — by posting, reviewing or influencing (at least 1 task)
  Day 1: 10
  Day 2: 20
  Day 3: 30
  Day 4: 40
  Day 5: 50
  Day 6: 60
  Day 7: 100
  After Day 7, it returns to Day 1 and repeats. If the daily check-in streak is broken, it returns to Day 1.

CheckerChain Check-in rewards

2. Quest

Poster:
1. If a user submits a first post, gets 50 CP 
2. If a user achieves 10 submitted posts approved, gets 100 CP 
3. If a user achieves 50 submitted posts approved, gets 1000 CP and process repeats

Reviewer:  
1. If a reviewer reviews a first post, gets 50 CP 
2. If a reviewer reviews 10 posts, gets 100 CP 
3. If a reviewer reviews 50 posts, gets 1000 CP and process repeats

Influencer:  
1. If an influencer comments/likes a first post, gets 50 CP 
2. If an influencer comments/likes 50 posts, gets 50 CP 
3. If an influencer comments/likes 100 posts, gets 500 CP and process repeats

• Complete Profile 100%: 1000 points
• Gaining 1 followers : 1 point (max 1000)
• Following 1 Checker : 1 point(max 1000)
• Referral: If referred a friend and they perform 3 tasks, it earns 10 points. (max cap 1000 CP) If a referred friend gets 10000 CP, it earns 100 CP. (no max cap)