Last updated
Last updated
To create a more comprehensive and enticing compensation mechanism for activities and engagement among users and brands within your ecosystem, MEFLEX will introduce the following compensation mechanisms.
Platform Registration Rewards: New users who register on the platform will receive 5 MEF tokens as a welcome bonus in their platform wallet to encourage participation.
Voting Rewards: Voting rewards will vary based on the outcome of the voting process and the value of the items being voted on.
Default voting activity: 0.1 MEF tokens - daily maximum reward cap - 100.
If the voted item wins the competition: +10 MEF tokens as a reward for supporting the winning art/fashion piece.
If the winning item is successfully sold out: +15 MEF tokens as an additional incentive.
+10 MEF tokens. If the user purchases the art/fashion piece they voted for: +10 MEF tokens.
Social Media Promotion Rewards:
Users who promote items under active voting on their social media channels will be rewarded with 0.1 MEF tokens per post - a daily maximum of 50 tokens.
To be eligible, the social media account should be active, at least one year old, with regular weekly activity, and have a minimum of 300 followers.
Engagement Rewards: Commenting, liking, and sharing activities on the platform will be rewarded as follows:
Commenting: 5 MEF tokens - daily maximum 150 Tokens.
Liking: 4 MEF tokens - daily maximum 200 Tokens.
Sharing: 3 MEF tokens - daily maximum 150 Tokens.
Rewards for these activities will be doubled if other users engage with the comments and shares initiated by the user.
Brand and Artist Registration: Brands, artists, and designers who register within the app will receive a one-time reward of 50 MEF tokens as an incentive for their participation.
Creating Contests: The first voting contest posted by brands and artists will be free of charge. g After the initial free contest, posting a new voting thread will cost 100 MEF tokens for brands and artists.
Consistency Bonuses: Users who consistently engage with the platform and maintain high activity levels over time could receive periodic bonuses or tiered rewards to encourage ongoing participation.
Referral Program: The referral program will be recognizing users who refer new users or brands to the platform and receive 10% of the referred user's or brand's activity-based rewards for a limited time of 2 weeks.
Achievement Badges and Levels: A system of achievement badges and user levels will be introduced to gamify the experience. As users progress, they can earn additional rewards, special privileges, or access to exclusive content.
MEFLEX will introduce a comprehensive user-level system that rewards and recognizes user contributions to the platform. User levels are designed to enhance experience and provide platform participants with valuable benefits as they engage with the community. Here's a detailed overview of the user levels:
Newbie:
Pro Member:
Expert Member:
Hero Member:
Users will have to accumulate at least 100 tokens to be able to withdraw.
Our user levels not only recognize your commitment but also provide you with tangible rewards and perks that make your journey on our platform more rewarding and enjoyable. As you progress through these levels, you'll find yourself at the forefront of our community, shaping its future and reaping the benefits of your dedication.
By expanding and refining the compensation mechanism in this way, we will create a more comprehensive and engaging ecosystem that incentivizes both users and brands to actively participate, vote, and promote, ultimately enhancing the overall experience for everyone involved.