🏫Web3.0 Community

How AlgoLaunch is leveraging blockchain technologies to foster a thriving community

Gamification

One of the issues with present IDO platforms is that participation is restricted to a small number of people. We wish to make this process more inclusive by rewarding the community for their contributions. We have designed Algolaunch platform so that even users who do not hold any tokens or NFTs can participate in IDOs conducted on our platform.

As a community-centric project, it is vital to provide tools and frameworks that will allow the community to thrive in a decentralised manner. Notebook NFT was established as a cornerstone of this endeavour.

Our Notebook NFT is an interactive token that can be improved and leveled up to signify your degree of devotion to the AlgoLaunch community. This NFT will also allow you to earn our $INK token, which you can use to upgrade your Notebook NFT and improve your chances and allocation in the IDO process.

Social Media

Twitter, Telegram, Discord, Reddit and many others are platforms that connect the investing community online. In many cases, users are only encouraged to share valuable alpha only if they benefit from it in a form of sponsorship or their investment going up in value. This creates a landscape where projects that spend funds on social media marketing are constantly talked about while smaller projects slip through the cracks.

As a part of Algolaunch project we will also introduce a web3 based social media platform that will integrate with existing social networks. Users will be able to leave comments and like other users' posts, just like any other Web 2.0 social media sites. Every one of these interactions with other people will be rewarded. At the same time, we don't want these features to be misused, so there will be exciting twists and turns to gamify the entire experience and create a sense of accomplishment when the goals are completed.

By posting on our social network and cross posting on your existing social media accounts, anyone can earn $INK. Holding Notebook NFT allows you to 100x your $INK revenue. So having a Notebook NFT quickly adds up. To earn additional $INK, users must hold Notebook NFT, which may be minted or purchased during our NFT sale.

When your Notebook NFT reaches max level you will be able to earn $LCH instead of $INK.

Your $INK and $LCH profits are determined by four key attributes of the Notebook NFT:

• Efficiency

  • increases your $INK rewards

• Achievement

  • increases rewards for likes / upvotes and your influencer level

• Raffle

  • increases your chances for allocation during IDO

• Network

  • increases comment rewards and decreases durability repair cost

Some of the traits will increase automatically as you interact with the community, while others you will be able to enhance using your $INK tokens. You will also be able to spend your $INK tokens to level up your Notebook NFT as you advance. Attributes start from level 0 and their max level is twice the current level of your NFT. For example, if the level of your Notebook NFT is 5, each of the four attributes can be level up to 10. If you wish to increase the max level of the attribute you will need to level up your Notebook NFT.

Always check the remaining durability of your Notebook NFT, otherwise you will not receive $INK for your interactions! You will be able to repair your broken NFTs using $INK tokens.

In addition to these features, there are two additional critical characteristics of your Notebook NFT:

• Type

• Rarity

These will be covered in the next section.