How to start KYODO
Join Decent.Fund, earn tokens and contribute to mass adoption with KYODO Dapp
Connect your MetaMask to start.
KYODO is under development. It’s being tested and built on Rinkeby network. It is best optimized for desktop usage, so we recommend Chrome or Firefox with Metamask plugin installed.
Choose Rinkeby testnet.
You will need some small amount of Rinkeby ETH to pay for gas. You can get it for free using Faucet or asking people in our Riot chat.
Go http://kyodo.decent.fund/
Attach your Riot username* to your ETH address by clicking your wallet address in the top right corner.
*your _username*@matrix.org
By clicking “attach” you send the transaction in Metamask to Rinkeby testnet.
Open STATS tab.
Take a look at KYODO dashboard. You can see three blocks here:
Your DF token balance is in the center. You most probably have 0 DF tokens, and it’s zero percentage from total Decent.fund cap. You can earn DF tokens by contributing to Decent.fund and getting points for the impression made.
Tips and points.
Members reward other members’ work by tipping them with points. Tips are collected during a period and at the end of a period will be converted to DF token and will be transferred to a private ETH address.
Another block to the left is about main Decent.fund metrics: total supply / cap / price / members’ number.
The block to the right shows how the token supply changes for the current period.
Period — is a limited interval of time (45 days for now) during which a member contributes to the community and gets tipped for it.
Go to Riot Decent.Fund page.
Choose some channels you would like to participate.
Every channel represents a topic Decent.Fund is interested in. There is a variety of them: BUIDL; crypto economy; blockchain consensus; blockchain governance; education and more.
Every channel belongs to a domain* from the list:
🦄 DEV domain (UI/UX design, programming, digital marketing)
✏️ SOCIAL domain (research, articles, infographics, meetups, hackathons, social activity)
📈 FUND management domain (smart investment, crypto asset management)
💛 GOV domain (strategy)
A domain is like a folder in a shared filesystem — Colony white paper
Please, also join the “Introduction” channel, read about the members and say a couple of words about yourself.
Choose the more channels you can to feel the flow and choose finally your topics or you can start a new one.
Contribute.
Browse channels you are interested in, read about current issues, ask members about projects, check DF Github.
The fastest and easiest way to get points and earn DF token is to start posting to Random, Education, Twitter or Medium channels.
More tips you earn the bigger Decent.fund share you have. Also, earning points will let you tip other members in the next period.
Tip members.
KYODO aims to BUIDL the community where every member is motivated to evaluate other members’ work. So we are working on incentive model for KYODO crypto economy. We are constantly improving this model, you can read about the current status here.
At this stage we are using points to evaluate a contribution. The tipping process is called “impression revenue model”. The process of giving points to members is managed by the points bot.
Initially, you won’t be able to tip other members till the next period. Since you have some DF tokens can brows Riot channels and tip other members. The fastest way to see contributions is Github Riot channel. It’s connected to DF Github and contains all the info about recent commits.
Reward contributors that posted something exciting.
Send a command to the points bot like:
!dish 20 SOCIAL points to @alina_loseva for adding Cover for “How to start KYODO” (github issue #11)
or
!dish 25 BUIDL points to @igor for adding the subdomain to ease the way to Riot (github issue #103)
Put an amount of the points you want to tip. Define a domain the contribution belongs to BUIDL, SOCIAL, FUND, GOV. Then put a Riot nick of a member you want to tip and describe your impression.
Check your balance in http://kyodo.decent.fund/
Also, check the positions of other members in different domains. The leaders are highlighted.
Governance tab.
Decent.Fund follows Axiarchy governance model, means that the decision making is based on merit. Only members with the merit have the access to the Gov domain.
One of the Gov domain’s function is to manage the DF token distribution between domains and define a strategy for Decent.fund.
We are still in a buidling process on Rinkeby testnet, so we constantly develop the KYODO structure every time we have a better solution to run our DAO.
Stay in touch to know how it’s going!
Credits
coauthor Igor Line
cover picture by Alina Loseva
Follow D E C E N T . F U N D on Medium and Twitter
