We're thrilled to announce COC XP system is live on Mint Mainnet! The Power and XP system is designed to reward consistent engagement, encourage social interactions, and recognize player achievements.
Collecting XP isn’t just about earning points—it’s about building your reputation, unlocking rewards, and shaping your identity in the growing Web3 ecosystem. In traditional corporate structures, titles or "levels" reflect an employee’s status, often determining their salary and benefits. Similarly, in Web3, CreditOnChain leverages blockchain technology and smart contracts to create a decentralized credit system, offering secure and transparent financial services.
By eliminating intermediaries, CreditOnChain addresses trust and efficiency challenges in traditional finance, enabling fair and reliable credit evaluations and transactions for individuals and businesses. Every asset, transaction, and consumption chain is traceable, enhancing financial transparency while safeguarding user privacy and data security. This drives innovation and sustainable growth in the global financial ecosystem.
Through activities like minting, maintaining streaks, and inviting friends, you earn XP that represents your contributions to CreditOnChain and your broader reputation. Higher XP levels unlock exclusive benefits, future opportunities, and recognition as a key contributor.
Every point counts, and reputation matters!
Every action you take strengthens our community, inspires others, and propels growth. At CreditOnChain, we believe long-term reputation deserves meaningful rewards that align with your contributions.
Here is an overview of the major components and how the system works:
Players earn COC XP (experience points) through daily activities, participation in challenges, and ranking achievements. The amount of XP earned can be enhanced through an XP multiplier based on a player’s position in various leaderboards.
Daily XP Based on Power Rank (Power>0):
Top 1%: 45 XP
Top 10%: 30 XP
Top 30%: 20 XP
Top 50%: 15 XP
Top 75%: 10 XP
Top 100%: 5 XP
These rankings not only motivate players to aim for higher performance but also provide a competitive edge, rewarding those who excel in the NFT Power.
Consistent engagement is encouraged through daily sign-ins. Players receive a base XP bonus of 5 XP every day they log in, with escalating rewards for longer streaks. This structure helps keep users motivated to stay active over time.
Streak Bonus over days:
2 days: +5 XP
7 days: +10 XP
14 days: +20 XP
30 days: +40 XP
50 days: +70 XP
75 days: +100 XP
100 days: +140 XP
135 days: +200 XP
180 days: +300 XP
270 days: +500 XP
360 days: +1000 XP
These bonuses encourage players to maintain a long-term presence at COC, making their continuous participation more rewarding.
The system also incentivizes players to invite friends and expand the community. Players who invite others can earn a percentage of the XP that their invitees accumulate.
First-Level Invitations: Earn 10% of the XP generated by the invited person.
Second-Level Invitations: Earn 6% of the XP generated by those invited by the first-level invitees. This layered reward system not only encourages direct referrals but also rewards players for helping build a wider network of users.
💡 Notes: Badges and Unlocking Invitation Links To promote active participation, players must first mint a badge to unlock the ability to generate invitation links. This process ensures that only committed players are able to invite others, thus maintaining the integrity of the community-building effort.
KOLs can further enhance their influence through special referral links that offer increased XP rewards. Stay tuned for our next updates concerning this part!
Players who create engaging and impactful content within the platform can receive additional XP rewards based on the influence and reach of their content. This encourages players to not only participate in activities but also to contribute creatively to the community, further enhancing their standing and rewards. Check our previous user content.
The Power and XP system offers a dynamic experience, rewarding players through daily activities, rankings, and social interactions like inviting others. Special incentives for KOLs, UGC creators, and verified credentials enhance community engagement and recognition. NFT collectors are also rewarded, integrating blockchain-based recognition for digital asset enthusiasts. By offering diverse rewards, the system motivates long-term involvement and helps build a thriving, active community where everyone can contribute and earn.