Introducing CoScription Clubs: Rules and Details
CoScription is excited to announce the introduction of Clubs, a feature designed to enhance community engagement and reward active participation. Here are the detailed rules and benefits of joining or creating a CoScription Club.
Creating a Club
- Eligibility: Users need at least 1,000 followers on Twitter to create a Club and become a President.
- President’s Benefits: As a President, you will receive 2% of the points generated when users join or quit the Club.
- Restriction: Presidents cannot leave the Club once they have created it.
Joining and Quitting a Club
- Joining a Club: To join a Club, users must use Computing Power, which is converted into points at a ratio of 1:100. These points are then deposited into the Club Points TVL (Total Value Locked).
Calculating Club Price
The price of a Club is determined by the following formula:
ClubPrice = 100 + Members + (Members² / 100)
Note: The result is truncated by dropping all decimal places.
- Quitting a Club: When a user quits a Club, they receive personal points based on the current Quit Club Price.
The Quit Club Price is calculated using the following formula:
Quit Club Price = 100 + (Members — 1) + ((Members — 1)² / 100)
The points returned to the user are then calculated as:
Returned Points = Quit Club Price * 10
By joining a Club and then quitting, users can convert their Computing Power into points.
Example:
Imagine a user joins a Club that initially has 9 members. The Club price before they join is calculated as follows:
Club Price = 100 + 9 + (9² / 100)
= 100 + 9 + 0.81
= 109.81 (truncated to 109)
After joining, there are now 10 members in the Club. Later, the user decides to quit the Club when it has grown to 138 members. The Quit Club Price is calculated as:
Quit Club Price = 100 + (138–1) + ((138–1)² / 100)
= 100 + 137 + (137² / 100)
= 100 + 137 + 187.69
= 424.69 (truncated to 424)
The points returned to the user upon quitting are:
Returned Points = Quit Club Price * 10
= 424 * 10
= 4240 points
Therefore, by joining early and identifying a potential high-growth Club, users can maximize their points when they decide to quit. Join early, and you might discover the next big Club!
Earning Points as a Club Member
- Publishing Works: Members can publish their works within the Club to earn points. The points added to the Club Points TVL are based on the star rating of the Club:
- Star Ratings and Multipliers:
0 Stars: 10% (0.1 times) of the points earned by the user
1 Star: 20% (0.2 times) of the points earned by the user
2 Stars: 40% (0.4 times) of the points earned by the user
3 Stars: 60% (0.6 times) of the points earned by the user
4 Stars: 80% (0.8 times) of the points earned by the user
5 Stars: 100% (1 time) of the points earned by the user
For example, if a user creates an artwork and earns 100 points, and the Club has a 0-star rating, the Club Points TVL will increase by 10 points.
- Star Rating Calculation: The star rating is determined by the Club’s activity and the number of works published by its members. This rating is updated every 7 days.
Exclusive Discord Channel
As a member, you will automatically join our exclusive Discord channel where members work together to create a positive and inspiring environment. In this channel, you can:
- Share tips on how to use AI models to create better artwork
- Discuss the latest AI model training techniques
- Collaborate to develop personalized AI models
- Use these models to generate revenue, such as running a TikTok or Instagram account with the works created in the Club
Join us and be part of a community that enhances creativity, innovation, and monetization!
Summary
CoScription Clubs are an excellent way to foster community involvement, reward active members, and create a dynamic environment where creativity is celebrated. By becoming a President, users can lead their own community and benefit from the collective activity within their Club. Members can earn points and rewards by participating and contributing to the Club’s content.
Join a CoScription Club today and start earning rewards for your creativity and engagement!
