Community Award Program
Last updated
Last updated
EMC are points awarded to community members for completing quests. Communities that collaborate with us can also earn multipliers. This helped us activate over 30 communities during the campaigns for our Founders Pass launch. Similar campaigns will be launched over multiple seasons and will be supportive of the Emergence Protocol.
We launched our Quest award system and dashboard in summer 2024 as the inaugural community rewards program - to date we have had over 6,000 bounties submitted and awarded over 16,600 EMC points.
A system of award programs shall be launched to facilitate the distribution of a maximum of 12% of the token supply to the community over a period of up to 24 months to incentivise liquidity provision, long-term holding, marketplace adoption and active ecosystem contribution.
The system shall comprise of seasons, reward boxes and multipliers to incentivise the community to add value to the overall ecosystem. The rewards and qualifying criteria will be announced each month on the Emergence site.
Any further award programs shall be subject to governance vote.