Sociocat - Earn Crypto by Answering Questions
Get more points here
You get paid for knowing stuff!
Get rewarded just for sharing knowledge
Here’s how to earn crypto by asking questions 🧵👇
(Read on to earn the most $CAT)
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Get paid for your knowledge and accumulate $CAT with @Sociocatxyz
You and I both earn extra points if you apply for early access to the platform via waitlist
http://tinyurl.com/socioaskcat
I am already seeing big names signing up
The project is at an early stage, so now is the best time to be active in it. Early adopters are rewarded most generously.
AskCat by @sociocatxyz is a SocialFi project made for crypto twitter.
Users expertise in various Web3 domains can be transformed into financial income. The more you know the more you get paid.
Think of it as similar to Reddit, you have the opportunity to monetize your contributions.
Let's explore the monetization process in Catroom with a case study featuring two users:
Andy, an experienced trader (Creator)
Joe, a beginner in trading (Audience).
HOW TO EARN FREE $CAT?
Joe pays $10 for guidance on trading.
Andy, answers Joe's query and earns $10 for his response.
Andy's response, along with the original question, is then displayed on his Catroom board, but the answer is initially hidden.
Other users with similar queries can view the answer by paying a $1 fee.
From this transaction, Joe, the one who asked the question, earns $0.2, whereas Andy, who provided the answer, gets $0.8.
This system creates a flywheel economy for knowledge sharing between gigabrains and curious minds.
🔷 Soulbound Token 🔷
@sociocatxyz introduces Cat badge which is a soulbound token created based on a user's on-chain activities:
Unique to owner
Cannot be transferred
The Cat Badge fulfills two key roles:
Social Credential: Demonstrate contributions, all verified through their on-chain actions. Guarding against identity spoofing or Sybil attacks.
Gateway to Community: Ownership of a Cat Badge opens doors to a community of like-minded enthusiasts in crypto.
🔷 Solution 🔷
By using Sociocat users can:
Earn money: Creators earn directly from their contributions and for users are encouraged to engage.
Improve credibility: Through the Cat Badge, individuals can differentiate their contributions in the space.
🔷 Earning $CAT tokens 🔷
There will be a token-based incentive to bolster engagement.
As questions to earn $CAT
Contribute answers to earn $CAT
Hold Cat badge for $CAT boosts
Concluded questions earn 100 points:
80 points go to the expert
20 points to the seeker.
Blurred questions receive 10 points
8 points are distributed to the original expert and seeker
2 point goes to the person unlocking blurred questions.
🔷 Leaderboard 🔷
Joining as waitlist will get you points for you to climb the leaderboard ranks
http://tinyurl.com/socioaskcat
More points = More $CAT for airdrops
Twitter: https://twitter.com/arndxt_xo/status/1738160614034538797