A first opportunity to earn Wisdom Points (WPs)
Isaac Hopkins | Community Manager
Here at Pynk we have a points model whereby our Crowd, who make predictions on market movements, can earn Wisdom Points WPs. You may have seen our price prediction challenges on Twitter over recent weeks and wanted to know more about why you should be taking part.
WPs are rewarded in principle for 2 keys actions. Firstly, for researching markets and making price predictions. And secondly for referring and inviting friends to sign up.
Earning WPs is easy. Simply register and complete the action list. For example, you can earn 150 WPs for tweeting your referral link out on Twitter and 250 WPs for making a price predictions, and so on.
It doesn’t matter if your predictions are right or wrong, we reward you anyway — although ‘super predictors’ will be awarded for additional accuracy points.
WHAT’S THE PURPOSE OF WISDOM POINTS?
Our Crowd are incentivised to participate by earning WPs. These points will later be exchangeable for our PYNK security tokens — which are ‘asset backed’ by the money in our fund. Crowd members will be able to swap their earned WPs for security tokens in app from Q3 2019. Note we are launching our beta product in May ’19, however this functionality will not be available until later since minting of Security tokens and testing of wallets will not happen until then. For now, our system keeps record of how many WPs each Crowd member is generating and automatically awards them to each account.
You can read more about our Wisdom Points model in our White Paper v1.1 at Pynk.io. Note we are releasing White Paper v2.0 with more details of the business model, along with our Beta product, in May 2019.
Wishing all Pynksters good luck in earning WPs, and happy to hear any feedback via Twitter, Telegram or via email.
Isaac
Disclaimer: Please bear in mind that this information does not constitute any form of advice or recommendation by Pynk One Ltd. and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Appropriate independent advice should be obtained before making any such decision. When investing, your capital is at risk and you may recover less than the initial investment.
