Halo has always been committed to bringing you something truly game-changing, and we're thrilled to introduce the Halo Influencer Badge. This innovative feature is designed to empower creators like never before, allowing them to deepen their connections with their audience while also monetizing their social influence in a whole new way.
Halo offers an algorithm model that allows users to buy and sell Influencer Badges of their favorite creators at any time, similar to trading stocks in the marketplace. What makes the Halo Influencer Badge special is our sustainable revenue sharing model. Badge holders can share a specific proportion of revenue of influencers including at least 9 scenes of social ads and AI training plus extra XP airdrop from Halo ecosystem. This ensures that our model is more sustainable and built for the long haul.
Holding Influencer Badges comes with extra seasonal rewards. By investing in a specific creator's badge, you become part of their league, and your commercial dividends and XP rewards are determined by the creator's seasonal activity ranking and commercial revenue. It's a win-win situation that fosters a more symbiotic relationship between creators and their audience.
🔥 How Influencer Badge Works
🔸 Determine badge price
An exponential bonding curve model is implemented in Halo system to determine the relationship between the price and supply of Influencer Badge.
The bonding curve's value estimate of the Influencer Badge is determined through badge supply and creator's commercial dividends. As the supply of bonding curve badges changes through minting and burning, it impacts the value listed by the bonding curve. A 5% tax fee is incurred during transactions, with 2% allocated to the app and 3% to the creator. The equation is as follows:
Notes:
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Initial K1=1. Without influencer/Halo to add liquidity, K remains unchanged
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Current liquidity comes from badge, influencer and Halo
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A 5% tax is charged on buying and selling.
🔸 Select an Influencer Badge
After creating a Halo account, you will be able to check the featured creators' profile. Each creator comes with three metrics: Activity score, Ranking, and Share ratio.
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Activity score: Represents the creator's engagement of the current season, comprising social score (50%), invite score (30%), and trading score (20%).
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Ranking: Indicates the activity score's position of the current season.
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Social score is determined by the engagement (comments, retweets, likes, votes) on all posts;
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Invite score is determined by the number of invites;
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Trading score is determined by the Influencer badge trading volume.
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Share ratio: Represents percentage of commercial income that will be shared to the holders
When users purchase an creator's Influencer Badge, you automatically join the creator's league. The season prize pool is distributed based on the creator's activity ranking. At the end of the season, users can share league XP rewards based on the number of Influencer Badges they hold and their HMP level.
🔸 Improve model sustainability
Improving model sustainability is crucial for long-term success. Most blockchain projects operate on a negative-sum game basis, which means it is a game in which the sum of the total gains and losses of the players is less than zero. However, Halo's model operates on a positive-sum game basis, where all participants, including the creators, followers and protocol can increase overall gains through cooperation.
Holders of Influencer Badges can get a share of the commercial revenue from their favourite creators. This revenue is then added to the liquidity pool, leading to an increase in liquidity as more monetization scenarios are implemented. As a result, the price-supply equation will see an increase in K as new liquidity is continually added, ultimately bringing more profit to all buyers.
5 main scenarios including 10 social monetization methods allow you to share in the profits of influencers:
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Influence：Advertising
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Content: Paid subscription, Private chatroom, Tips and consultant fees
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Marketplace: Copyrighted digital/virtual goods
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AI service: AI corpus as a service; AI training and AI model optimization
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Social trading: DeFi fund management fees
Various other monetization scenarios will be rolled out in the future.
🔥 Seasonal rewards for Influencer Badge holders
After purchasing Influencer Badges, users can earn extra Halo XP rewards and commercial revenue distribution during each season.
🔸 Daily XP Rewards
Holding Influencer Badges entitles users to receive additional XP incentives every day. The rewards are as follows:
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Earn 5 XP per day by holding 10 Influencer Badges
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Earn 10 XP per day by holding 20 Influencer Badges
🔸 League XP Rewards
When you purchase an creator's Influencer Badge, you will automatically join the creator's league. At the end of the season, top activity ranking leagues win a share of league XP rewards. According to the distribution ratio, a portion of league rewards are distributed to badge holders based on the user's number of Influencer Badges held and HMP level.
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The HMP Boost coefficients are as follows:
- Lv1 X 1.1, Lv2 X 1.2, Lv3 X 1.3, Lv4 X 1.5, Lv5 X 1.7, Lv6 X 2
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There is no limit to the number of badges held, and the holder's reward is calculated as follows:
🔸 League commercial revenue distribution
At the end of each season, the total commercial income of the creator is calculated, and the portion allocated to the holders is automatically added to the liquidity pool to uphold the sustainability of the bonding curve model.
Halo Season 3 will encompass the distribution of at least two commercial revenues, which include
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Season special promotion rewards for creators
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20% of Halo team's revenue (encompassing HMP minting fee and Badge transaction fee)
Stay tuned for more details on Halo Influencer Badge! We can't wait to share more with you soon.
About Halo
Halo(halo.social) is designed to build a revolutionary monetization layer within the SocialFi field. We aim to create a new paradigm of UBI (Universal Basic Income) that grants ownership to everyone. By integrating AI, Web3 DID, and Wallet Aggregator, and implementing decentralized governance, Halo is dedicated to transforming the way social influence is monetized and fostering a system of fair and equitable profit sharing.