🎊 The End of OBT Season1 & The Launch of OBT Season 2 Announcement 🎊

[TL;DR]

1️⃣ OBT Season 1 ends (~24.06.07 09:00 AM)
2️⃣ Point Reset and OBT Season 1 Rewards
3️⃣ OBT Season 2 begins (~24.06.07 09:00 AM)
4️⃣ Points and P2T policy updates
5️⃣ Vending machine renewal and C2E token products addition

1️⃣ OBT Season 1 Finished

Hello, C2E Community users! 🫡

We would like to inform you that OBT Season 1 has come to an end.

During Season 1, we were able to see that C2E was growing steadily both internally and externally by not only signing numerous partnerships but also adding various new functions.

Of course, in addition to the positive changes, there were still problems that had persisted. Due to the so-called ‘open run’ phenomenon starting at 9:10 a.m., all users were unable to exchange points for C2E Tokens, and the server crash that frequently occurred during the open run caused a lot of inconvenience to C2E users.

We would like to end OBT Season 1 to solve fundamental problems and achieve sustainable tokenomics.

🗓️ OBT Season 1 End : 24.06.07 09:00 AM (KST)

2️⃣ Point Reset and OBT Season 1 Rewards

Before the start of OBT Season 2, we will reset the points you have accumulated. In order to provide a small reward to users who worked hard during OBT, We propose the following compensation plan.

🎁 OBT Season 1 Rewards

50~199 Point : 15 C2E
200~499 Point : 30 C2E
500~999 Point : 60 C2E
1000~4999 Point : 120 C2E
5000~9999 Point : 300 C2E
10,000 Point ↑ : 500 C2E

⚠️ To prevent abusing, compensation is not provided for less than 50 points.

📸 SnapShot Date: 24.06.05 (Wed) 5 PM (KST)

⚠️ Only points calculated based on Snapshot are provided.

🗓️ Compensation payment date: 24.06.07 5 PM (KST)

3️⃣ A New Beginning of OBT Season 2

We are planning to launch OBT Season 2 with large-scale policy changes to overcome the various problems mentioned above!

🗓️ OBT Season 2 Start : 24.06.07 09:00 AM

Season 2 starts with a massive change to the existing points policy.

📝 New Point Policy

1. Write a Post : 0.2 Point (Daily Max : 2 Point)
2. Click Post Recommendation : 0.1 Point (Daily Max : 2 Point)
3. Get Post Recommendation : 0.2 Point (Daily Max : 6 Point)
4. Quest — Community : Twitter 10 Point, Telegram 6 Point, Medium 4 Point
5. Quest — Daily Quiz :
   - Multiple Choice 1st Correct Answer : 3 Point
   - Multiple Choice 2nd Correct Answer : 2 Point
   - OX Quiz Correct Answer : 3 Point
   - Attendance (Quiz Task Completion) : 2 Point
   - Attendance Bonus for 7 consecutive days : 2 Point

🔜 Points to be updated

1. Write a Reply : 0.15 Point (Daily Max : 3 Point)
2. Click Reply Recommendation : 0.1 Point (Daily Max : 2 Point)
3. Get Reply Recommendation : 0.2 Point (Daily Max : 5 Point)

The above point policy change has 2 main purposes.

(1) By setting Daily Max, a predictable and sustainable P2T system can be maintained.

(2) By expanding the proportion of Quest, the proportion of point collection, which was limited to existing communities, is gradually expanded by converting to C2E Wallet activities.

📝 New P2T Logic

X: (Y1 * Y2) = (Daily Community C2E Token Distribution according to DAU-based algorithm) : (User Activity in the protocol * Calibration Scaling Factor Value)

X = Daily community C2E Token distribution according to DAU-based algorithm (5500)

Y1 = User Activity in the protocol
Y2 = Calibration Scaling Factor Value

⚠️ Since there will be no data on the Y value for a few days after the launch of OBT Season2, we have fixed the exchange rate and Y value.

Initial fixed Y-value: 16500
Initial fixed exchange rate: 0.333

We plan to apply the original logic based on users’ actual generated points over several days.

4️⃣ Vending Machine Renewal and C2E Token Products Addition

The vending machine has been renewed with a new design! 🎰
Enjoy a new vending machine with clear design and intuitive UI/UX~

🎁 C2E Token register on vending machine

As mentioned earlier, with the new point policy and P2T logic, stable and sustainable tokenomics are predicted. with the new point policy and P2T logic,
We expect stable and sustainable tokenomics.

C2E will collect the remaining C2E tokens on a weekly basis and register them as vending machine products.

🗓️ C2E Token Product registration date : Every Single Monday 11AM (KST)
(The first product registration date is scheduled for Monday, June 17th)

C2E Token products receive 1% of the token quantity as a participation fee and the probability of winning is 0.5%.
It is a kind of instant lottery concept in which a winner is guaranteed to emerge within 200 attempts, and the more non-winners there are, the higher the probability of winning.

EX) Unexchanged token quantity from 6.10(Mon) ~ 6.16(Sun) : 537.235
6.17(Mon) 11AM 500 C2E product registration, participation fee 5 C2E

We look forward to your interest and participation in the newly launched C2E 🙏.

Thank You! ♾️

C2E Team