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Whitepaper
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  • Disclaimer
  • Introduction
  • What is Modern Innovation Network?
  • Vision and Mission
  • Problem Analysis
  • Value Proposition
    • Rising with Innovative Projects
    • Supporting Success
    • Reward and Incentivize
    • Enhancing Diversity
    • Encouraging Active Participation
  • GameFi Industry
  • What is B-CHAMP?
    • Game Mode
    • B-CHAMP Game Economy
    • Tournament Model
    • NANO Pass (Ticket) System
    • Rank System
    • Challange Contract System
    • Team System
    • General Rules for Free Users
    • Situations Leading to Penalties
  • $MINX Token Technology
  • Token Usage and Benefits
    • Connection and Collaboration with Web3 Companies
    • Reward System for Developers and Content Creators
    • Tournament Prizes and Sponsorships
    • Support for dApp Projects and Web2/Web3 Hubs
    • Support for Incubators and Accelerator Programs
    • Contribution to Development Tools and AI Training Processes
    • Supporting Digital Academies for Educational Purposes
    • Use of Grant Programs as Reward Mechanisms
    • Collaboration with Organizations and Web3 Companies
  • Distribution and Token Economy
  • Tokenomics
  • SWOT Analysis
  • Marketing Plan
    • Marketing Departments
  • Future Plans and Roadmap
  • Risks and Security
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  1. Value Proposition

Reward and Incentivize

PreviousSupporting SuccessNextEnhancing Diversity

Last updated 4 months ago

The $MINX Token provides reward systems and incentive mechanisms for innovative projects. Successful projects distribute valuable rewards to $MINX Token holders, further strengthening the community.

  1. Performance-Based Rewards: The $MINX Token offers rewards based on the success of projects. It evaluates projects on a range of criteria, from expanding their user base to adding new features, and grants valuable rewards to successful projects. This encourages projects to focus on their goals and attracts more interest from the community as they achieve success.

  2. Community Engagement Rewards: The $MINX Token organizes reward programs to encourage interaction between projects and their communities. Special rewards are given to community members based on interactions, suggestions, feedback, or contributions to the project. This helps projects build a closer relationship with their communities.

  3. Token Distribution: Successful projects distribute tokens to $MINX Token holders. This not only allows projects to create more value within the ecosystem but also offers $MINX Token holders the opportunity to directly benefit from the success of the projects.

  4. Tournaments and Competitions: The $MINX Token supports tournaments and competitions to encourage competition among projects. These events allow projects to showcase their creativity and reach a wider audience. Rewards given to the best-performing projects make them more competitive and successful.

  5. Community-Based Voting: The $MINX Token supports community-based voting mechanisms. Projects can win rewards based on votes from their communities. This not only increases interaction between projects and their communities but also involves the community in guiding the projects.

These reward and incentive mechanisms enable the $MINX Token to create a strong bond between projects and communities, enhancing success within the ecosystem. This, in turn, increases the overall value of the $MINX Token, contributing to a more robust and dynamic ecosystem.