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MoonBoots will soon have a community token By BTC Peers

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MoonBoots is soon to have a community token

MoonBoots has a new community token. We’re excited! In the spirit of equality, it will be a fair launch and we’re giving them away to active community participants. There will be no private sales, no tricks, and no witchcraft. You can join our chat and provide insightful insight and discourse to talk about digital assets and blockchain technology.

MoonBoots began as an idea among a handful of friends in late 2017. We set out to build an organization with value, that would be different from traditional blockchain federations. An organization that incubated and educated the project partners.

We really had not anticipated we would expand as quickly as we have, but it’s been a fantastic year and the growth of the organization has been astonishing thanks to great partners and supporters just like you. Humblebrag aside, the Telegram group (“originally called Goodfellas”) has also been growing. We’ve been having more AMA’s, and doing our best to create the type of community base where people can feel comfortable and come to learn about blockchain technology.

We have commercialized the telegram group if we’re being completely honest. Telegrams can be used to some extent by most (if not all). The projects with which we work are discussed as any other. We’ve gained opportunities and profited from doing so but something didn’t feel right. In essence, we’re doing everything we stand against. We are capturing value from those we promise to deliver it. So a plan was hatched…

How it’s going

Imagine if the economic potential of a Telegram Group could be captured in fair and democratic ways. That’s a large part of the reason why most of us are here right? Better solutions can be found through decentralization, better-distributed system and more efficient governance.

The big man gets less, but there are more middlemen.

We’re proud today to let you know that we’ve found a way. Working with the fine economists at 0rigin.one, we’ve developed a gamified solution to build a Telegram that redistributes the value you create right back into your own hands. Your interactions, engagement and meaningful contributions create an economically-incentivized tokenization. This isn’t something we just spun up off the cuff. It’s been in stealth mode for months and something we have been working on diligently in the background.

What’s in it for you and what’s the catch?

There’s no catch. Honest. Sign up for the MoonBoots Telegram. Talk about and interact with your favourite projects. Share your knowledge, be kind and educate others. It’s really that simple.

At the start, we’re keeping it a little archaic as all great beginnings are. To increase your rank as a chat commenter, you can respond to the comment by clicking +. We’ll have to police it a little as this initial system is subject to abuse in its current form, but we’ll be fair about it and those that provide consistent contributions will rise up the ranks. Your rank in chat will determine how much token you receive. Your rank will determine how much you receive from the token distribution.

Users want to engage with projects, and users need to get compensated for that engagement

As we begin to build out the token economy infrastructure, a bot will emerge complimenting our + and — systems (as robots do stealing all the cool jobs). Your reward levels will be determined by a score you receive when tokens are issued.

MoonBoots’ projects will undergo due diligence. Only the ones that meet these criteria will be allowed to interact and gain tokens. Some of the tokens will be put into smart contracts to distribute to those who complete desired actions, such as joining their Telegram group, following them on Twitter (NYSE :), and creating content.

Tokens staked and held by users will directly impact their shares of rewards.

ELI5

An organization wants users. MoonBoots token holders who have been active can use them to stake their tokens and take actions on behalf of projects. By doing so, they’ll collect rewards. MoonBoots users who engage and token holders are eligible to receive MBX for their participation in the MoonBoots conversation.

Therefore, projects will also benefit. The system allows users to complete different levels of KYC, with the simplest being an email. A developer project, or one that wants to reach a larger audience, can use the portal to stake MoonBoots Tokens and load the disbursement to the smart contract. They then indicate their criteria for users and what actions they would like them to do and voilà: instant community.

MoonBootsToken, in essence, is a decentralized, living version of the viral gleam contest. However, it shares economic benefits with its users.

Additional technical documentation is being prepared. We’ll issue that in due time. Participating in the public Telegram will ensure that you can grab some MBX tokens. You can reply with a + if you find something that is useful. Reply to something you don’t find useful with a +.

You can contribute your analysis and ideas to new projects. Assist new members in finding their way. You will find interesting articles and information. You will receive more MBX tokens if you give more.

NFT Economy

We’ve hinted that we have had something we’re very excited about coming for the last few weeks. A NFT project, though one that has utility. The NFT project will have a direct connection to the MBX economic but details will come soon. Keep checking out our social media channels for more information.

What’s next?

Soon we’ll release more information about how the economy works. We’ll release our technical paper, tokenomics, and a fresh website that explains and represents the depth of what we’re all doing together. Join the MoonBoots Chat, share, collaborate, have fun, be kind, and contribute.

Thank you to everyone for supporting our efforts so far. The power of community and hive intelligence is something that can’t be overlooked or underappreciated. We’re only as good as the people who believe in our mission. We can, hopefully, make this a bit more fair. More info coming soon. Keep watching.

Relevant Links

MoonBoots TelegramMoonBoots Telegram AnnouncementsMoonBoots TwitterMoonBoots Website0rigin.One Website

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