Mallconomy’s Bounty Campaign Rewards Explained!

Zack Yurtsever
Mallconomy
Published in
4 min readMay 23, 2022

Join the 5 Million $WOOT Bounty today!

The team here at Mallconomy have been quietly working away in the background, writing, building, and generally preparing for the launch of the Metaverse’s most fun shopping mall, for some months now. So it is heart-warming, to say the least, that it seems to have struck a chord with so many of you, so early on. Early sign up to our bounty campaign has added fuel to the fire of our belief that we are building something that will truly set the standard for what a Metaverse, such as ours, can be.

Not surprisingly, we’ve had a few questions about how exactly the points system in our 5 million $WOOT giveaway will work. So we figured, let’s write a short blog.

Ready to find out more? Let’s go 👇

How does the Mallconomy points system work?

At the heart of everything we do with the community, is the idea that our users should receive fair rewards, based on their level of contribution to our project. As a user completes more actions within the Bounty Campaign they will naturally earn more points. As they earn more points, their tier will increase, meaning the $WOOT rewards they will earn at the end of the competition will increase. The actual amount you will need to earn to increase in rank will be somewhat of a moving target. For example, the top 10% of users will receive the largest pool of rewards, with 30% (or 1.5Mn $WOOT) being divided amongst that cohort. You can see an outline of our rewards structure below.

What happens if too many people sign up for the bounty campaign? Won’t the rewards be diminished?

Don’t worry! We’ve got you covered. During the competition, we will carefully monitor the number of signups to the competition. Should the Bounty Campaign become so popular that we feel the rewards would be diluted to the extent that our users would receive a reward not consistent with their level of effort, we have every intention of increasing the rewards pool! Whilst we don’t want to get into specifics at this early stage, rest assured that our absolute priority is making sure that our community feel rewarded for all their efforts. You can join our discord channel, to keep up to date with the latest news on our rewards pool.

When does the Mallconomy Bounty Campaign end?

Our bounty campaign will finish shortly before the token generation event, currently scheduled for Q4 2022, meaning Bounty Campaign $WOOT holders will have their hands on our native token before almost anyone else!

A short note about prizes in the Mallconomy Spin-to-Win fruit machine

Of course, there’s more than one way to win in the Mallconomy Bounty Campaign. Why not try your luck on our fun fruit machine game? We’ve got prizes like tokens, NFTs, loot boxes and even your very own Mallconomy real estate to be won.

So when will your Spin-to-Win prizes be awarded?

MallPoints will be credited to your account instantly. Cash Rewards will be sent to your account within 10 business days. MallCard NFTs will be transferred to your account after the mint date All other Rewards, including store wins, will be stored in your account and will be transferred with the game launch.

We’re really excited to be building this amazing community together with you. The Metaverse has so much promise, yet it has so far failed to deliver for more than a very small minority of people, we want to change that! We’re determined to make sure that Mallconomy delivers on its main promise — to create opportunities for anyone, anywhere to earn an additional income. Our dream is to create opportunities for people where there are none, but we need people just like you to do it!

Join the incredible 5 million $WOOT Bounty Campaign here

Website: https://mallconomy.com/
Community: https://go.mallconomy.com/bio

--

--

Zack Yurtsever
Mallconomy

Co-founder | Investor | Advisor | Product Marketing | Hacker | Web 3.0 | Defi | Metaverse | Gaming | Blockchain | Fintech