The Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms have long been the bedrock of blockchain networks, incentivizing miners and validators to contribute their computing power to uphold the integrity of their respective networks. And taking the core value of the aforementioned, Intella X has turned it on its head, developing its own rewarding mechanism —Proof of Contribution — poised to set a new standard for game platform providers in Web3.
Welcome to a gaming ecosystem that truly values your contribution.
What is Proof of Contribution?
Unlike other blockchain gaming platforms, the Proof of Contribution protocol is a service model designed specifically to reward the contributors of Intella X’s gaming ecosystem — consisting of gamers, game developers, and the platform provider — for their contributions. This means that the contributors of the Intella X ecosystem will be constantly rewarded for their contributions in the form of the native platform token, the Intella X Token (IX), without the need for any software or hardware required in PoW and PoS algorithms and instead, contributors can contribute in the way that they do best.
For Developers — “Develop and Earn”
The protocol provides game developers with an additional form of revenue stream on top of their traditional Web2 monetization by rewarding them with a pro-rata amount of Intella X tokens based on the game’s contribution to the ecosystem on a monthly basis. This means that game developers in the Intella X ecosystem can do what they do best — developing and deploying high-quality game titles and engaging content in the ecosystem and be compensated.
- How are game contributions determined?
The protocol analyzes both on-chain and off-chain data, which is used to determine a specific game’s contribution rate, followed by the number of native platform tokens that the respective game developer will receive for the month.
The on-chain and off-chain metrics consist of:
- Generated Monthly Revenue
- Monthly Active Users
- TVL of the respective game’s liquidity pool (if applicable)
The contribution rate is determined monthly and reset at the start of each month.
For Users— “Contribute, Play and Earn”
In addition to the notable Play and Earn feature — where users can earn game tokens from playing games in the ecosystem — Intella X’s PoC protocol enables gamers and users of the ecosystem to contribute by depositing Intella X tokens and other digital assets in the Intella X DEX. In return, gamers and users of the ecosystem are able to earn additional Intella X tokens as well as Game Tokens, leading to the combination of Contribute-Play and Earn.
With the vision of Web3 mass adoption, Intella X is set to empower and reward the key players of Web3 gaming — game developers and gamers — and break the boundaries of platform providers through this revolutionary, one-of-a-kind rewarding protocol.
So, what are you waiting for?
Join the revolution and be part of a Web3 gaming platform that truly values your contribution.
