The VIM Platform Revamp: A New Era Begins

To unlock greater possibilities in a user-centric Web3 environment, the VIM platform has undergone a major overhaul.

At the heart of this transformation are two key innovations: the smart contract-based quest system and the revolutionary changes in how quests work. These updates aim to significantly enhance the user experience while strengthening the platform’s transparency and fairness. In this blog post, we’ll dive into the first major changes to VIM and explore the reasoning behind them.

  • Smart Contract-Based Quests: A Revolution in Trust and Transparency

With smart contracts, every quest on the platform is now handled on the blockchain. This means the entire process—from quest creation to completion and reward distribution—is fully automated, with no need for manual intervention. Users no longer need to worry about how quests are created or how rewards are distributed. All information is recorded on the blockchain, making it verifiable and ensuring trust and transparency throughout the process. This enhances the credibility of the platform and builds confidence among participants.

  • Changes in Quest Structure: BSC Tokens and Fair Reward Distribution

The newly introduced quest system allows quest creators to set rewards in BSC-based tokens. This adds a new level of flexibility to how rewards are structured, giving creators full control over the amount and duration of the reward. Once the quest deadline passes, participants receive their share of the reward based on the 1/n distribution method. This approach ensures fairness, as rewards are divided proportionally based on each participant’s contribution, encouraging greater engagement from users and making the quest experience more equitable for everyone.

  • Expanding Quest Types: Beyond Social Media

Previously, VIM quests were largely confined to activities on social media platforms. However, with this update, quests can now be created for a variety of online activities. For example, quests can be designed around specific actions or tasks that users perform online, giving them more opportunities to participate. This broadens the scope of quests and positions the platform as a more versatile Web3 ecosystem, moving beyond just social media-based interactions.

Conclusion

The recent VIM platform overhaul brings greater flexibility and transparency to the user experience, thanks to the introduction of smart contracts and a revamped quest structure. These changes create a more engaging environment for both quest participants and creators. Additionally, the ability to create quests around various online actions means even more users can get involved in the platform. In the next blog post, we’ll take a deeper look at how smart contracts are applied within the platform and explore the technical advancements that are shaping VIM’s future.

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