1. What is GENE?
The heartbeat of Micro3, your key to unlocking the full potential of SocialFi. It's your sovereign soul-bound credentials, verifying your actions, fueling your social engagement, and proving your authentic human interaction. With GENE, you're not just participating in SocialFi, you're powering it.
2. How to get GENE?
Upon successful quest completion, users will be awarded a GENE token, which serves as verifiable proof of their achievement.
In the near future, users will have the ability to interact with content on Micro3's social feed through actions like liking, sharing, and commenting, thus enhancing their social engagement within the platform.
Content creators will play a crucial role in driving platform growth by producing compelling content that attracts more users. These creators will also be rewarded with GENE tokens for their valuable contributions.
3. Benefits of GENE
The GENE will be designed with the following benefits:
USDT Rewards for holding GENE:
Micro3 is introducing a tiered rewards system based on the amount of GENE tokens held in a user's wallet. These rewards will be distributed in Fiat token. There is no cap on the potential rewards; the quantity of GENE held directly correlates with the rewards earned.
NOTE: The required amount of GENE to qualify for rewards must exist on the same blockchain.
Example: 25 GENEs collected on Arbitrum
Once GENE has been redeemed, it remains existing in the wallet but unable to be used as a reward claim again.
GENE Achievement on Micro3:
Holders of GENE can earn additional MXP rewards from their milestones on Micro3.
4. Quest Sharing
Referral Program for Minting GENE:
This will serve as the standard referral mechanism for quests within Micro3. It will only become accessible upon the successful completion of a given quest.
Users have the opportunity to augment their earnings by referring others who subsequently mint GENE through the same quest.
The referral rewards system functions reciprocally, benefiting both the referrer and the referee, and is not subject to any limitations.
NOTE: For referrals leading to GENE minting, the reward will be directly transferred to the referrer's wallet.
Partner Referral Rewards:
Partner Referral Rewards are incentives provided by host projects to participants who engage in different quests.
Users can earn these rewards from host projects by referring others who successfully obtain GENE tokens through completing quests.
The allocation of referral rewards from host projects follows a first-come, first-served principle.
For Example: The pool for the Partner Referral Quest has a total value of $100, which will be distributed among the first 100 who successfully use their referral code.
Each will receive $1 for each successful referral. Once the reward pool is depleted, the others can earn only from the Referral Program for Minting GENE.
Wrapping up
The dawn of a new era has arrived on Micro3, where SocialFi isn't just about finance, it's a playground of possibilities. GENE, your digital DNA, breathes life into this revolution. It's your passport to a world where every like, share, and comment is a brushstroke on the canvas of your social masterpiece
So, step into this vibrant universe and let GENE be the spark that ignites your SocialFi journey. This is more than a new beginning; it's the genesis of a social revolution, and you're at the helm