Social mining crypto

 

Social Mining Welcome Guide

Quick Introduction to Social mining and how it works

Welcome to Social Mining alpha 1.0. Social Mining is the world's first ecosystem plugin to help build decentralized autonomous organizations. This Git book will help users optimize their earnings and improve their experience with social mining.

What is social Mining?

Social mining is the idea that users that can help to build an open-source cryptocurrency ecosystem, should be rewarded in their native currency. It is essentially a plugin solution for any blockchain to support it on its way to becoming a decentralized autonomous organization.

Social mining is built on the principle that any users can upload and describe the work, that they have done for the ecosystem. This work is validated by other community members, following set incentives.

Both workers and validators are then rewarded in points, influence, and reputation, which are then translated into tokens at the end of the month. These rewards can vary from a few cents to a few thousand dollars rewarding very active members a full salary.

Platform Overview

Here you will find all the information to help you get ready to earn tokens and build with the help of social mining.

Tutorial of the Platform

Here you will find a brief overview of all the functions and pages that social mining has to offer. If you are new, you should check out the sectors below.

How to Earn more Tokens

Here you will learn more about social mining, the algorithms involved, and how to maximize your monthly payouts. This section provides all the information needed to help you become a grade A community member.

Community Departments

Overview of all the community departments that you will find on the community board. This section will guide you through the community board and explain how you can use your skills to help your ecosystem and get paid.

Ecosystem Overview

This section of the social mining wiki will provide the reader with an overview of the social mining ecosystem.

Introduction to the Social Mining Ecosystem

DAO MAKER aims to build a network of strong and high-quality cryptocurrency projects, that are all supported by Social mining and a network of high-value human capital.

The Altcoin market is very unstable and plagued by common problems such as short-term token holders and coin-flipping. A new innovation in crypto has a hard time growing in value because many of the existing Altcoin token holders jump from coin to coin.

The incentive structure moved towards quick flips, pumps and dumps, and thousands of dead coins. Projects need a stable base of strong token holders in order to grow in value and gain more attraction. However, most coins lack that fundamental base of the community.

Social mining gives projects the tools to build a loyal and bonded community of token holders, that they can build upon.

DAO MAKER's Thesis

We believe that the tokenized startup space is still very young but has tremendous potential. Currently, most if not all altcoins lack basic token cash flow. Token cash flow is defined as the revenue, that is captured by the token through the utility of the service that the project provides.

Since token cash flow is basically non-existent in most projects with a few exceptions. Most of the money flows to large caps like Ethereum or Bitcoin or to the few projects that have token cash flow such as exchange tokens like BNB.

DAO MAKER works with projects that have a clear plan on how to achieve cash flow through utility and a capable team that is able to implement it. Over time tokens, that lack the ability to capture the value of their utility or do not have any usage, will die. The money that is stored within them will either leave the cryptocurrency market or flow into coins that can capture and store value.

DAO Maker offers projects to support that have a token economic model, capturing value, and a capable team that is willing and able to work to drive usage into their token. On top of that, we offer their token holders an incentive to add value to the ecosystem and also earn additional tokens in other great projects in the process.

We believe, that over time the social mining network will grow into a large ecosystem of educated, wealthy, and valuable members that can push all projects within the ecosystem forward and help the decentralized movement to succeed.