🚀6. Game-fi
6.1 Experience Points (XP)
Experience points are earned by participants for various actions and achievements within the $MISSOR platform. These points represent the participant's level of engagement and contribution.
Earning XP:
Contest Participation: Participants earn XP for each contest they enter. The XP awarded can be proportional to the contest entry fee or based on contest difficulty.
Winning Contests: Additional XP is awarded to winners, encouraging competitive engagement.
Referrals: Participants earn XP for referring new users to the join the platform and participate in contests. XP is only awarded after a successful contest participation by the referral.
Telegram Activity: Group users actively participating will be rewarded some XP points daily
Completing User Profile: Users completing their profiles will be awarded certain XP points.
Twitter Engagement: XP is awarded for users posting about the $MISSOR platform on a regular basis in Twitter
6.2 Tier Levels
Tier levels represent the user's status or rank within the platform. Participants can advance through different tiers as they accumulate XP. Each tier offers various benefits and privileges, creating a sense of achievement and progression.
On signing up for the platform and completing the wallet setup, one can earn 100 XP to start with.
Tier Hierarchy:
Newbie (0 - 999 XP):
Basic Privileges
Limited number of contests per week
Bronze (1,000 - 4,999 XP):
Increased contest entry limits.
Access to premium contests.
Early access to new contests.
Silver (5,000 - 19,999 XP):
Priority for whitelisted contests
Exclusive badges and avatars.
Discounted contest entry fees.
Gold (20,000 - 49,999 XP):
Invitations to exclusive contests.
Enhanced reputation within the community.
Increased Bonus multipliers for XP
Platinum (50,000+ XP):
VIP status.
Increased Bonus multipliers for XP
Access to closed beta tests
DAO - participation in the platform governance.
6.3 Advantages of XP and Tier Level System
Benefits of Higher Tiers:
Users at higher tiers can access premium content, features, and events, making the platform more engaging for them.
Lower contest entry fees and increased referral rewards incentivize users to invite others.
Tier-specific badges and avatars showcase a user's status and achievements to the community.
XP Marketplace:
XP marketplace - where users can spend their accumulated XP to unlock special features, such as custom profile themes, exclusive contest types, or even NFTs.
Governance and Decision-Making:
Users at higher tiers could have more influence over platform governance decisions, creating a sense of ownership and responsibility.
Social Recognition:
Users will be able to to display their tier level and badges prominently on their profiles such as twitter, facebook, linkedin.
6.4 Progress Tracking:
Users should be able to track their XP progress, view their current tier, and see the XP required to reach the next tier.
Regularly updates on achievements and milestones through notifications and emails.
6.5 Anti-Abuse Measures:
Anti-abuse measures are implemented to prevent users from exploiting the system by creating multiple accounts or engaging in fraudulent activities to earn XP.
6.6 Transparency:
Transparency is maintained in the XP and tier system by clearly articulating how XP is earned/ The benefits of each tier will also be easily accessible in the upcoming documentation site.