Ready to Be Part of Something Big? Here’s Why You Should Join!

At Magnet Labs, we believe innovation's power comes from our vibrant community. That’s why we’re introducing the Magnet Labs Ambassador Program — a program designed to reward you and put your skills, ideas, and influence at the centre of our mission.

Overview

The Ambassador Program at Magnet Labs is designed to reward our most dedicated community members. Ambassadors play a crucial role in promoting the community, supporting new members, and contributing to Magnet Labs' growth.

Becoming an Ambassador

To be eligible for ambassadorship, members must reach Level 3 on Discord and demonstrate consistent, positive involvement in the community. Once eligible, members can apply for the Ambassador Program. Ambassadors should have an in-depth knowledge and understanding of Magnet Labs, and all products in the Magnet Labs ecosystem.

Ambassador Roles & Responsibilities:

• Hosting and leading community discussions and activities

• Supporting new members and offering guidance

• Creating content (articles, blogs, videos, etc.) that highlights Magnet Labs

• Promoting the community on social media and other platforms

• Manage and moderate regional chats based on local language

• Planning community events to keep the community engaged

Ambassador Rewards

Ambassadors are incentivized through a combination of Community Voting and Activity Scores. The reward system is designed to ensure that ambassadors are recognized not only for their popularity but also for their measurable contributions.

Reward Formula for Ambassadors

The reward for ambassadors is determined by a formula that combines three key components:

1. Community Votes (V): The percentage of votes received from the community during a monthly vote.

2. Activity Score (A): A score based on measurable actions like content creation, event hosting, and community support.

3. Bonus Score (B): Optional bonuses for extraordinary contributions, such as providing critical feedback or assisting during major events.

Reward Formula:

Where:

• TS = Total Score determining the final reward

• 0.3 = Weighting of community votes

• 0.6 = Weighting of activity

• 0.1 = Weighting of bonus score

• Vmax= Total votes received

• Amax= Total activity score for the period

• Bmax= Total bonus score awarded for the period

Community Voting System

1. Eligibility:

   Once you have achieved Level 3, you will be eligible to cast a vote

2. Nomination Process:

   Members of the community choose the best and most engaging contributor to receive the bonus. Members who vote will receive 100 Discord XP.

3. Voting:

   After nominations, the community votes on ambassadors in the Voting category. Voting occurs once a month, and only members above Level 3 are eligible to vote.

Activity Scoring System

Activity Points will be based upon contribution posted by Ambassadors in a dedicated Ambassador Content channel, and will be distributed as follows (subject to change):

*with prior approval from Magnet Labs team

Ambassador Rewards, Responsibilities, and Requirements

Ambassadors are rewarded based on their Total Score as calculated by the formula. The following responsibility and reward system will be in place for ambassadors:

Requirements:

• Be at least Level 3 in the Discord leveling system.

• Be accepted onto the Ambassador program.

• Remain active, and participate in community discussions and events.

Responsibilities:

• Welcome new members and assist with onboarding.

• Moderate discussions and promote a positive environment.

• Lead and organize community events to foster engagement and participation.

• Moderate discussions within the Discord.

Rewards:

• Monthly Cash Reward: Distributed based on performance scores, maximum of $50 per ambassador.

• In-person event allowance (with prior approval from Magnet Labs team)

• Ambassador role for recognition in Discord.

• Specialized training sessions for content creation to help develop Ambassador skillset

• Access to exclusive Ambassador channel for collaboration with the Magnet Labs team, and with eachother.

• Monthly Magnet Points: 500 Magnet Points.

• Eligibility for special giveaways or events.

Ready to Be the Face of Magnet Labs?

The Magnet Labs Ambassador Program is designed to foster a thriving, engaged community where members are recognized and rewarded for their contributions. Whether you're leveling up through engagement or becoming a community leader through the Ambassador Program, there are endless opportunities to grow and be rewarded within Magnet Labs.

We encourage all members to participate, support each other, and take advantage of the opportunities available in our ever-growing community!

Apply now!

Disclaimer: Magnet Labs maintains the right to adapt the structure of the program, the rules, the Ambassador rewards, and all other features of the Ambassador program at any time.