BULB APP Overview

BULB Overview:

• Community Focus: BULB is designed to be a community-driven platform, emphasizing the reward for ideas, passion, and engagement.
• Blockchain Technology: The platform operates on the Solana blockchain, contributing to the broader web3 movement that seeks to decentralize and reshape online interactions.

BULBmojis:

• Types and Actions:
  • Writer: Earned by writing blogs.
  • Sharer: Obtained by sharing blogs or through referrals.
  • Moderator: Collected by reporting content that violates community guidelines.
  • Talker: Gathered by making or receiving comments.
  • Reader: Acquired by reading blogs or gaining reads.
  • Reactor: Collected by giving or receiving reacts.
• BULB Energy: Users need to utilize BULB energy to perform actions, and it replenishes daily. Wise management of energy is essential due to its limited nature.

Earning BULB Tokens:

1. Collect BULBmojis:
   • Users engage in various activities (writing, reading, reacting, commenting, sharing) to collect BULBmojis.
   • BULBmojis automatically translate into BULB points, influencing the user's leaderboard ranking.
2. Leaderboard Ranking:
   • BULBmoji collection affects a user's position on the leaderboard, reflecting their engagement level within the community.
3. Claiming BULB Tokens:
   • Users can claim BULB Tokens from a distribution pool at the end of each week based on their leaderboard ranking.
   • The more actions a user completes, the more BULBmojis, points, and BULB Tokens they can earn.

Dynamic Points System:

• Algorithmic Allocation:Writer and Talker BULBmojis use a "dynamic points system" that considers factors like previous interaction, uniqueness, relevance, and time between actions.
• Encourages genuine and meaningful engagement.

Collecting BULB Points:

• Write:
  • Authors earn BULB points for each blog written, allocated using an algorithmic system to ensure fair distribution.
• Read:
  • Readers collect BULB points for reading blogs, while writers also receive points for having their blogs read.
• React:
  • Reactors earn points for reacting to blogs, comments, and replies. Writers also receive points for receiving reactions.
• Comment:
  • Commenters earn points for commenting on blogs, and writers receive points for receiving comments and replies.
• Share:
  • Sharers earn points for sharing blogs, and writers receive points for having their blogs shared (implementation pending).
• Moderate:
  • Reporters earn points for reporting content that reaches a certain report threshold.
  • Voters earn points based on majority decisions regarding reported content (limited to selected Moderators).

BULB Token Rewards Distribution:

• Weekly Distribution:
  • A predetermined token pool is distributed weekly.
  • Users' rewards are determined by the formula: Your Weekly Points / Aggregate Points * Pool Allocation (%).
• Example:
  • If Users 1, 2, and 3 earn 50, 30, and 20 points, respectively, each will receive 50%, 30%, and 20% of the total reward pool.

This detailed breakdown covers the various aspects of BULB, including BULBmojis, energy management, points allocation, and the distribution of BULB Tokens. Users are encouraged to participate actively, engage meaningfully, and contribute to the community to maximize their rewards.