On June 25, 2018, SOMA launched a minimum viable product on the Ethereum testnet (read our announcement for details on what this means).
To incentivize a robust and vibrant user base, we’re announcing a system of rewards. There will be three ways for users to receive SCT rewards. All of them require you to download our Android app and create a wallet. Our MVP announcement provides details and instructions on how to do so.
Rewards mechanisms
App & wallet setup
This program incentivizes community members to perform the simple action of downloading the SOMA app and creating a wallet. There are a few additional requirements, however. In addition to having a wallet on the SOMA app, you must
1. be a member of the SOMA Telegram group at the time rewards are distributed
2. contribute meaningfully to the conversation on the SOMA Telegram group. By ‘meaningfully’ we mean some sort of commentary or conversation that goes beyond ‘hello,’ and is not pure FUD. Constructive criticism is OK, even welcome, as is encouragement, or other types of feedback. Or, just participate in whatever topic is currently afloat in the group.
Rewards for the App & Wallet Setup will be 25 SCT per qualifying participant, deposited into the participant’s SCT wallet upon the platform going live on the Ethereum mainnet (currently scheduled to occur in Q4 2018).
MVP Feedback reward
This reward incentivizes community members to use the MVP on the Ethereum testnet and submit feedback regarding future improvements. There is no set reward for feedback given; rather, it is a pool that will be distributed across all qualifying participants in a classic bell curve. Much like grades in a university course, those with an ‘A’ will be fewer and will be rewarded more, those with a ‘C’ and ‘B’ will be the most plentiful and will receive a medium-sized reward, and those with ‘D’ or ‘F’ scores will be less numerous and will receive smaller rewards.
Each feedback submission will go through a Google form created for this purpose, and will be stored in a spreadsheet that tracks number of submissions per participant. ‘Grades’ will be assigned based on number of submissions and also on the quality of feedback.
RULES FOR SUBMISSIONS TO QUALIFY
1. Feedback must be submitted via the SOMA MVP Feedback form: https://goo.gl/forms/GuFvZQfUGvOWbdah1
2. Feedback must be constructive. That is, it must offer thoughtful ideas for how to improve the platform. The following types of submissions will be disqualified:
a. Generalizations: ‘make it more user-friendly’
b. Disparagements: ‘your platform sucks’
c. Feedback that is obvious, or that is regarding known issues or improvements that have been discussed openly in the Telegram group: ‘need high transactions per second when platform goes live.’
In short, MVP feedback must thoughtfully present a legitimate improvement to the SOMA product with feedback that is original (to the best of your understanding) and specific.
The SOMA team has allotted an average of 50 SCT to each qualifying participant. Note that this is an AVERAGE; actual distribution across the bell curve will result in some contributors receiving significantly more and others significantly fewer.
SOMA bug bounty program
SOMA will reward users who alert us to bugs. The reward for the bug bounty will be more substantial than the other reward initiatives detailed in this document; at the same time, the bug bounty will have the most stringent qualification rules.
1. The bug, obviously, must be legitimate
2. The bug must be reported using the official SOMA Bug Bounty Feedback form: https://goo.gl/forms/DkIenY7G0sCxKlgX2
3. Each bug will only receive 1 reward. Rewards for each are awarded on a first-come, first serve basis. The person who reports a bug first, gets rewarded. Subsequent reports of the same bug will receive no reward.
The SOMA bug bounty amount is set at 200 SCT.
Frequently asked questions
If i get rewards in 1 of the 3 programs, can I still qualify for others?
Yes. You can participate and receive rewards in all 3 programs. For instance, if you did the App & Wallet Setup and submitted one qualifying bug for the Bug Bounty Program, you would receive 20 SCT + 200 SCT = 220 SCT.
If I’ve already submitted MVP feedback prior to this program being announced, does it count toward my ‘MVP feedback’ grade?
Yes, if the feedback meets our criteria, it will count.
Can I get my SCT deposited somewhere other than my SOMA wallet?
No. The rewards of all three programs will be deposited in the SOMA wallets of the participants, and nowhere else.
When will I get my SCT for participating in these programs?
For app instantiation, you will get your 20 SCT soon after the app goes live on the Ethereum mainnet. MVP feedback will run until the app goes live and the MVP period is closed — rewards will be distributed soon thereafter. Bug bounty will run until further notice; bounty winners will get their 200 SCT (per bug reported) no sooner than the app going live, and periodically afterward if warranted.
