🏆Badge benefits

Benefits for curated users

As users accumulate badges, they become curated and can receive incentives from EtherScore and from external partners.

Please note that while our NFT badges are on testnet, they are only based on mainnet actions, so the user profile is already representative of true onchain reputation (only the proof is stored on a blockchain testnet instead of centralized servers).

Benefits from EtherScore:

In addition to providing an intuitive view of user activity through profiles, EtherScore is actively distributing benefits to badge holders to experiment with reputation-based governance and incentives. Here are the benefits currently available:

• EtherScore DAO Voting Power: Each badge grants a certain amount of voting power within the EtherScore DAO.

• EtherScore Reputation Tiers: Members earn status based on their accumulated badges, unlocking various perks and recognitions.

  • Discord Roles: Badge holders receive special roles on Discord, enhancing their status and access within the community.

  • Voting Power Bonuses: Additional voting power is awarded based Reputation Tiers, empowering active and engaged users.

Benefits from external parties

Here are examples of what can be distributed to EtherScore users from partners or external parties:

Airdrops and Token Sales

Existing airdrop models are susceptible to price speculation risks, which can negatively impact a project when users do not optimally benefit from the drop. Additionally, airdrops demand substantial resources for customer service and KYC processes.

EtherScore offer a better way to allocate tokens to legitimate users. Airdrops and ICOs models can transparently select a specific community of token holders, which is particularly useful in the early stages of a project. This can create a virtuous cycle, where users and projects both benefit from increased activity and community curation. It would ensure that the incentives are designed to encourage an active, positive community.

Discounts / Exclusive events / Restricted access

Many types of rewards can be distributed to EtherScore badge holders, such as discounts on services. Many protocols already use discount tiers with multiple levels of discounts (for example, some centralized exchanges give discounts based on the number of exchange-issued tokens staked). Badges could also be used as membership cards, restricting access to Discord channels, forums, events, new features, or special staking pools.

DAO voting power

Onchain reputation will be used in governance more and more, with different models combining ERC20 tokens in addition to reputations, etc. EtherScore aspire to be a pioneer in this domain, offering diverse hybrid solutions that leverage our reputation system. This includes a customizable vote weighting matrix to assign distinct votes to each badge and establish contextual reputations.