Digital Commerce, DOSI.
Hello, this is DOSI team.
We are excited to announce the launch of the KAIA rewards program, DOSI Challenge, which is open to all DOSI users, along with the ‘DOSI Citizen Official Membership Service’.
The DOSI Citizen Membership is designed to invigorate the DOSI ecosystem, featuring activities that allow everyone — from new users to long-term contributors — to participate and enjoy benefits.
Don’t miss the opportunity to participate in the trading of digital items on KAIA, the platform created by the integration of Klaytn and Finschia chains, and seize the chance to earn an average weekly reward of 620,000 KAIA (approximately 115K USD)!
Purchase various digital products, earn membership points (DON), and receive 100% KAIA rewards with the DOSI Challenge! Let us introduce the service and user guide.
Introduction to DOSI Challenge
The DOSI Challenge is a program open to all users who have joined DOSI, allowing participation akin to a game. You can earn KAIA rewards based on your accumulated scores every week. By checking real-time information on ‘My Rival’ and the ‘TOP 50’, you can devise various reward strategies. Learn more about the DOSI Challenge and join in now!
1. Anyone Can Easily Participate in the DOSI Challenge ✨
Purchase digital products worth more than 10 USD each week. No need to click any additional buttons; simply complete purchases in either B2C (new releases) or C2C (resale market) to participate. Collect DON (membership points) and score based on your purchase amount.
2. Boost Your Score with Boost Effects 🚀
Gather items with boost effects to accumulate more DON. Boost effects vary based on your Citizen level and the number of Citizen Friends you own. score are calculated based on your weekly purchase amount in the DOSI Challenge, and KAIA rewards are distributed according to rank.
3. How to Earn More KAIA Rewards 🎁
The higher your score, the higher your rank, and the more KAIA rewards you can earn at the end of the week. The top 20% of users can receive up to 30% of their total purchase amount as rewards, while the bottom 80% can receive up to 2%.
* To ensure sustainable and fair reward distribution, abnormal transactions will be excluded from the total purchase amount.
Participate in the DOSI Challenge, boost your score, and earn more KAIA rewards!
> Go to DOSI Challenge: https://citizen.dosi.world/challenge/guide
> To view a detailed structure explanation: https://lin.ee/GBUFl8C/qbko
DOSI Challenge Leaderboard Guide
We are excited to introduce the ‘Leaderboard’ page, an essential resource for all participants of the DOSI Challenge program! The leaderboard allows you to check ‘My Rival’ and the ‘Top 50’ in real-time. You can access it by clicking ‘Challenge’ in the DOSI Citizen menu.
1. My Rival ⚔️
On the ‘My Rival’ page, you can see the scores of the top 10 users above you. By comparing your real-time score and potential rewards with those of your rivals, you can predict your KAIA rewards!
2. Top 50 🔥
The ‘Top 50’ section displays the current scores and potential rewards of the top 50 users in the ongoing round. Like the ‘My Rival’ page, this section updates in real-time, allowing you to check the scores and potential rewards of the top users and strategize your challenge accordingly!
DOSI Challenge Boost Guide
As mentioned earlier, having DOSI Citizen and Citizen Friends entitles you to receive Boost effects! The higher the percentage of Boost you possess, the higher the score you’ll receive after purchasing digital items of the same price. So, it’s best to receive as many Boost effects as possible, right? Purchase Citizen and adorable Friends now, and check the DON accumulated based on your Boost!
In the future, various policies will also be updated to activate the Kaia chain and tokenomics, such as boosts for purchasing Digital Item from new Kaia blockchain DApps and boosts for Kaia holders.
DOSI Challenge Guide: How to Participate in 3 Easy Steps
Step 1: Purchase Digital Items and Earn DON Points
Buy various digital items on DOSI. Your accumulated purchase amount and Boosts will determine your DON points.
* Purchase amount: 1 USD → 100 DON
* For items eligible for refunds, DON points are credited once the purchase is confirmed.
Step 2: Boost Your DON Points
Collect items with Boost effects to earn more DON points for the same purchase amount.
* Citizen Levels: Lv2 0.2%, Lv3 2.0%, Lv4 30.0% (Maximum 20 items per level, up to 644% Boost)
* Citizen Friends: 0.01% boost or higher (no limit on quantity)
Step 3: Receive KAIA Rewards
Your challenge rank is determined by your points. The higher your rank, the more KAIA rewards you receive. Challenge points are calculated based on the DON points earned during the week. Rewards can be up to 30% of your purchase amount.
* To receive KAIA, you must connect a DOSI FNSA or Kaikas wallet.
Tip: Want to Check Your Weekly Ranking and Expected Rewards?
You can check your current rank and expected rewards for the ongoing challenge on various pages within DOSI. Check your rank on the DOSI, Citizen, and Leaderboard pages to improve your score and achieve a higher ranking!
Curious about your rewards and points from the previous DOSI Challenge? Check the ‘Challenge Participation History’ page to see your detailed challenge history and easily review past rewards and points!
DOSI Challenge Week 1 Announcement
The first week of the KAIA reward program for DOSI Citizen starts today.
Check the Week 1 schedule and join the DOSI Challenge now!
• Week 1 period: May 27, 2024, 00:00 — June 2, 2024, 14:59 (UTC)
• KAIA reward date: Scheduled for July (The distribution of KAIA may be divided and allocated in consideration of Kaia’s tokenomics.)
* KAIA rewards will be distributed after the launch of the Kaia mainnet and token issuance.
Goals and Tokenomics of DOSI Challenge
1) Activation of On-Chain Digital items / Kaia Transactions on the Kaia Chain
Unlike the existing prize-based service DOSI Land, DOSI Challenge is a service that provides ranking rewards based on on-chain transactions on the Kaia chain.
2) Aiming for a Higher Purchase Volume (Recovery Volume) of Kaia Tokens than Reward Volume
In DOSI, a variety of digital goods and users from Web2 will be onboarded, increasing transactions in the lower 80%, converting them into on-chain payment users. Consequently, top traders like Citizens and Kaia holders will continuously receive more rewards and re-activate Kaia payments. To this end, the DOSI Team is preparing to expand the platform into various areas such as games, tickets, and memberships.
3) New DApp Marketing Package and Holder Benefits for Kaia
DOSI Challenge aims to activate holders and builders through various policies that promote the Kaia chain and tokenomics, such as boosts for purchasing Digital items from new Kaia blockchain DApps and boosts for Kaia holders.
4) DOSI Challenge will operate using a total of 43,512,000 KAIA (= 294,000 FNSA) as reward resources over 12 months. For the first 3 months after launch, it will set an average weekly reward of 620,000 KAIA (approximately 115K USD based on the current price). The announced resources will be used from the fees and SCR resources secured by LINE NEXT while operating DOSI, and the quantity may be adjusted considering the recovery rate of Kaia fees and tokenomics.
DOSI Challenge Q&A
Since the DOSI Challenge was announced, we’ve received many questions from the DOSI community. Here are some of the most frequently asked questions and their answers:
1. What is the difference in Boost effects between regular Friends and evolved Friends in the DOSI Challenge?
Both regular Citizen Friends and evolved Friends convert their attributes to DON points based on a predetermined Boost rate.
2. Why is there no transaction cap in the DOSI Challenge?
The rewards for each rank are fixed and act as a cap. For instance, if 10 people participate and the 1st place reward is 100 KAIA and the 2nd place reward is 50 KAIA, the 1st place user buying more items won’t change the 2nd place reward.
3. How frequently is the DOSI Challenge leaderboard updated?
The DOSI Challenge leaderboard is updated in real-time. However, there may be a few minutes of delay depending on server and internet conditions.
4. How do you plan to attract new users?
We are preparing promotions to bring in tens of thousands of monthly active users during the DOSI Challenge activation period. We also plan to attract new users through various digital products in categories such as BIG IP games, premium memberships, and Web3.
5. Can you share the formula used to calculate scores in the DOSI Challenge?
The detailed scoring formula is not disclosed, but it is based on a logarithmic normal distribution.
6. Can you explain the fixed and variable rewards for different ranks/boosts?
Fixed rewards ensure a minimum reward amount, while variable rewards are linked to the user’s purchase amount. Fixed rewards will be applied during the activation period, and variable rewards will be applied after the activation period.
7. Currently, only 20 Citizen Friends are allowed per level. Will this limit be increased?
There are no current plans to increase this limit, but it may be adjusted based on the DOSI Citizen ecosystem and community feedback.
Thank you for your participation and support in the DOSI Challenge. This program is designed to enhance user rewards and ensure that all DOSI Citizen users can participate and enjoy its benefits.
We look forward to your feedback and will continue to build the DOSI ecosystem with your input.
Thank you.
DOSI Team
