Hello everyone :wave:! Rand is excited to share our ALGO NFT Rewards Program III draft proposal with you! :partying_face: Highlights include: Bi-Weekly Leaderboards! :muscle: Daily Airdrops (1 Algo = 1 Entry!) :parachute: Weekly Meme Contests :crazy_face: POAP Creator Competition …

Personally, I find most memes to be terrible. I think that allocation would be better for the daily buy giveaways since more people will be tweeting about Rand and the AF Rewards with a lot less effort involved.

Agree, I think that’s a better allocation.

I would like to see primary sales included in the bi-weekly leaderboard. I know some are concerned about oversaturating the market by encouraging new releases, but I think the market could actually handle more fresh drops.

This probably the best well written out proposal so far. Including the DeFi side. Will you be allocating some of these funds to XRP side of Rand business? I personally think that would be a great way to push new users from existing XRP projects already using rand to have them open up their first wa…

I would add not everyone wants to buy NFTs or has the money. Memes give a chance to not spend money but your own time to create positive Algorand content. Plus this seems more diverse than any other proposals for NFT rewards. Rather than just reward creators/buyers for a popularity contest. On anot…

The good news is that the community would vote for the best one each week! This lets more people get creative, engage on twitter with potentially viral level memes, and spread the word that this contest is happening. It sounds like you have some high meme standards (I must admit I do as well), so …

Thanks for the kind feedback. We spent a considerable amount of time matching the goals of the Algorand Foundation with our experiences to date and the feedback from the community. We will make a separate announcement about XRPL rewards soon with the aim of promoting some positive cross-pollination …

Thanks again for the positive feedback. We believe the diversity of our campaign matches the multitude of goals set out by the Algorand Foundation. Your point about new users is valid. As we briefly discussed in our final report on Program 2 , Program 1 in Aug 23 contributed over 1,100,000 more ALGO…

Thanks for the feedback! Our aim with Campaign 3 (Weekly Meme Contests) is to promote UGC to a wider audience on social media. Memes can elicit positive emotions and go viral. And we think they’re fun too! Based on feedback from the community, Campaign 3 replaces the previous social media campaign …

Your A and B are great aims to help this ecosystem grow in general. Looking at the sales report you guys are doing 90% of the NFT volume. Which says plenty. I am excited on the crosschain even though I am not an XRP user but see huge potential in anyone doing things similar to Magic Eden. Id like t…

Rand NFT Rewards - Program III DRAFT Proposal - Q1 2024

Governance Discussions

IceAge January 14, 2024, 12:45am 17

Really impressed with what Rand has proposed, well thought out and aimed at rewarding the everyday buyer, meme comp is awesome as well!

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Rand NFT Rewards - Program III DRAFT Proposal - Q1 2024

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