In a recent conversation at Cointelegraph X Spaces, Kenneth Michael, business development and blockchain growth lead at E-Magine Ventures, emphasized the significance of nurturing communities in Web3 projects. According to him, it’s not just about supporting them but also ensuring they feel heard, satisfied, and that their needs are being met.
The Gig Economy and Task-to-Earn Platforms
These principles seem to be particularly appealing to Gen Z and digital natives. The gig economy offers an opportunity for people to engage with brands in a more meaningful way. A task-to-earn platform like Rewardable is a perfect example of this concept, connecting real users with brands looking for genuine engagement and rewarding them fairly.
Rewardable: Bridging Web2 and Web3
Rewardable, introduced by Michael during the conversation, aims to bridge the gap between Web2 and Web3. The platform uses transparency and trust as its core pillars. "Our goal is to create a system where users can trust us and know that they are rewarding real people," said Michael.
The Importance of KYC in Web3
Michael highlighted the need for Know Your Customer (KYC) in Web3 projects: "There’s a lot of stigma around it, which I completely understand. But when it comes to trust, there’s no way around it." He emphasized that KYC is essential to ensure that users are real and not trying to game the system.
Rewardable’s Unique Features
Rewardable offers a variety of task templates that go beyond the standard social media likes and comments. These include:
- Bug bounty contests
- Content creation
- Referrals
- Transaction options for tasks
These features allow users to engage with contracts, test deposit and withdrawal features, and even create volume for tokens.
User Experience and Rewards
The platform’s task completion time has reached near-instantaneous levels, improving the user experience and allowing users to be rewarded quickly. Payouts are distributed for completed tasks, and users receive benefits in $REWARD tokens.
ID Score System: Rewarding Real Users
Rewardable’s ID score system evaluates user performance, KYC verification, wallet activity, and social media engagement. If users don’t complete tasks properly, their submissions are rejected, impacting their ID score. This ensures that only trustworthy users are rewarded.
Conclusion
Michael concluded the conversation by emphasizing the potential of Rewardable as a tool for other companies, businesses, and projects in both Web3 and Web2. Learn more about Rewardable to see how it can benefit your community and engage with brands in a meaningful way.
Recommendations
Based on the conversation at Cointelegraph X Spaces, we recommend that:
- Web3 projects prioritize community nurturing by ensuring users feel heard, satisfied, and that their needs are being met.
- Task-to-earn platforms like Rewardable can be used as a model for other companies and projects, providing a platform for real engagement and rewarding users fairly.
- KYC is essential in Web3 projects to ensure trust between users and the platform.
Further Reading
If you’re interested in learning more about community nurturing, task-to-earn platforms, or KYC in Web3, check out these resources:
Disclaimer
This article is brought to you by Rewardable, a task-to-earn platform connecting real users with brands looking for genuine engagement. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.
About Rewardable
Rewardable is a task-to-earn platform connecting real users with brands looking for genuine engagement. The platform offers various features, including bug bounty contests, content creation, referrals, and transaction options for tasks. Learn more about Rewardable to see how it can benefit your community and engage with brands in a meaningful way.
Social Media Links
- Twitter: https://twitter.com/rewardable_app
- LinkedIn: https://www.linkedin.com/company/rewardable-app/
- Reddit: https://www.reddit.com/r/RewardableApp/