5.3 Strategies to Encourage Ecosystem Participation

MEDIACCEL employs the following strategies to incentivize participation and sustain ecosystem activity:

  1. Early Bonus Program: To encourage early adoption, additional rewards are offered to users and institutions who join the platform during its initial phase.

  • Example: A 20% bonus is provided for data contributions during the first 100 days after launch.

  1. Long-Term Participation Rewards: Participants who consistently contribute or verify data receive cumulative bonuses based on their duration of involvement.

  • Example: A 30-day streak earns a 10% bonus, 90 days earns 20%, and 180 days earns 50%.

  1. Gamification of Participation: Gamification elements, such as level progression and missions, are integrated to make data contributions and verifications more engaging.

  • Example: Users can collect digital badges or rewards for completing specific data-related tasks.

  1. Reinvestment Incentives: Token holders who reinvest MDXL tokens into platform services or purchase large datasets receive additional bonuses.

  • Example: A percentage of tokens spent on subscriptions is returned as a bonus to users' wallets.

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