AMA Recap: Rh!Drop — Tool that makes holders’ lives better and project developers’ easier
As usual, we’ve had a great time engaging with the community during this 4th week of AMA after the launch of Rh!noX Official Whitepaper.
This week we talked about Rh!drop — — an on-chain airdrop targeting service built on Rh!noX’s Multidimensional Behavioral Analysis Model, designated to be the primary tool of on-chain project developers to deliver airdrops to target receivers that match required criteria.
In simple terms, this tool is meant to benefit and create a sturdy bridge between holders and project developers.
Below is the official summary of the AMA hosted on August 23, 2022.
Q1: Though Rh!Drop is openly accessible for other partners, there are only 10000 Rh!noX NFTs. How are you able to guarantee that the data collection can comprehensively analyse user data while making it useful for other parties?
In the future, we will introduce an invitation mechanism. Holders of the Genesis Rh!noX NFT can breed new NFTs for other users. The precise mechanics for breeding and whether the new NFT will inherit the credit rating of the Genesis Rh!noX NFTs will be gradually revealed in the future. One thing that we can be sure of is that the Genesis Rh!noX NFTs will always remain the rarest.
Q2: As this is an airdrop tool that analyses user behaviour for the airdrops, are you able to guarantee that the airdrops are of high quality and value? For example, if you are targeting a user engaged in the Gami-Fi space, but the game-fi airdrops are absolute trash, doesn’t that mean that the airdrop tool is no longer unique or a valuable utility?
The airdrop tool does not analyse user behaviour. The behavioural analysis system within Rh!noX does the job by analysing your address & SBT and giving you respective labels. On the topic of worthless airdrops, this entirely depends on whether other project teams are sincerely trying to utilise the airdrop tool to enhance their exposure and reputation. This is not under our control. However, there is a barrier to accessing the Rh!Drop tool. Project teams need to pass a series of AI and human verification. Airdropping also comes with its own costs, including the airdrop itself and the action of airdropping to the target users.
Q3: If the airdrop tool only targets specific users, doesn’t that mean that not every user will receive the same airdrops? Wouldn’t that be unfair for the holders?
This is a very interesting question. It is true that not everyone will receive the same airdrop. A good example of this would be Youtube video recommendations. Youtube analyses users’ behaviour to recommend videos or show them advertisements they are more likely to be interested in. Some users may like to watch knowledge-based videos; others may like to watch gaming videos. Would you think that the user that likes to watch knowledge-based videos would feel that it is not fair that Youtube does not recommend gaming videos to him/her? I think the answer would be rather obvious.
For instance, if GameFi becomes extremely popular, Rh!noX holders that are super engaged in the GameFi space will definitely have a higher chance of receiving GameFi airdrops. However, project teams might have different strategic approaches and may look to airdrop to those that are not engaged in the GameFi space to expand their market. The ongoing trend has a significant influence on airdrops. However, in the long run, all Rh!noX holders will receive their airdrops that are relevant to their behaviour. We need to emphasize that airdrops are merely one of the benefits for Rh!noX holders, and we continue to expand its utility coverage.
Q4: There is only a simple description on the whitepaper of the airdrop tool, saying that it targets user preferences when airdropping. Are there any other unique characteristics you could share with us?
Project preferences, the fields you are engaged in, trading habits and frequency, wallet portfolio, and even the unsecured loan function of the Soulbound Token will all play a part in the airdrop tool.
Q5: If analysing user behaviour is a prerequisite for receiving relevant airdrops, that means every wallet that holds a Rh!noX must also be active. If a wallet is not active, it won’t receive airdrops. So what is the purpose of holding the NFT?
If you do not hold the NFT, you won’t receive airdrops even if you are active. However, whales will receive corresponding airdrops just by holding the Soulbound Token. For instance, whales have a lot of assets. If project teams target wallets of this category, then these users will also be able to receive their corresponding airdrops in the long run. Of course, Rh!drop also takes security very seriously. On top of having to pass through AI and human verification, airdropping different target audiences will also have different costs.
Q6: If a user sells the NFT with a bad credit rating/record to his alt wallet, does that clear his/her credit rating/record?
Not at all. We have mentioned previously that the credit rating is bound to the Soulbound Token and the wallet. The system will record the wallet with a lousy record, and the Soulbound Token will also bear this bad record, influencing the price of the NFT. On the contrary, when an NFT with a good record gets sold to a wallet with a bad record for a high price, the Soulbound Token will still bear the NFT’s good credit score and would not immediately be flushed out by the new wallet’s bad record. The credit rating system is a multidimensional analytical system involving a highly complex formula to present the most accurate and fairest rating.
Until this week, we have already covered every important aspect regarding the overview of Rh!noX and, most notably, the utilities beneath.
In the coming weeks, we are going to launch multiple campaigns that could engage not just our existing community. Still, we will show Rh!noX on many different occasions and educate everyone in Web3 about the ambition & potential of Rh!noX! You will hear from us soon!
Feel free to reach out to us via any of our social media platforms available here https://linktr.ee/rhinox_nft
BAGMI.
