How to create a Token Reward / Bounty on Coinvise?
☀️
Create quests to reward contributors for completing tasks. The reward tool on Coinvise allows you to create a quest and incentivize more people to come help you achieve your high-ambition goals.
If you don't want to pay money upfront, you can create your quest on a Layer 2 Blockchain (Polygon) that requires almost no gas fees when doing transactions. You can switch networks (from Ethereum to Polygon) easily on Coinvise, as shown below. Make sure to approve the transaction in your wallet once you've clicked on "Matic Network."
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Go on Coinvise.co and click the Create Token button.
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Click the connect "Wallet button" and follow the instruction. If you don't have a Wallet or don't know how to connect it, here's a complete tutorial.
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Click the "Quests" button (highlighted in red below).
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1. Select the token you want to create a reward for.
2. Find a name and a short description for your reward.
Note: Try to find an explicit name for your quest and explain clearly in the description what you're waiting for from contributors, with all the links they would need to complete the quests. To engage potential contributors, make it super easy for them to understand what you're waiting for from them.
3. Write the number of tokens you want to send per contributor.
Write the number of max. contributor that can apply & complete the quest.
👇
You can also allow only whitelisted addresses to complete the quest. Once done, accept the terms and click on “Create.”
👇
You're all set. You now have an ongoing reward, congrats. 🎉
Note: When members will visit your profile on Coinvise, they’ll see all your active quests in the “Participate” tab. They can then apply & complete the quest in one click, directly from there.
Note 2: When someone apply to the quest, you'll receive a notification on Coinvise and will have to accept or reject the completion of the quest. If you click on "accept," you'll then be able to send the tokens to the Bounty Hunter.
2 - Why would I want to create a Reward?
Once you've created your Token, you can create a Reward on Coinvise to:
Every time someone will complete one of the quests (reward) you've created, you'll receive a notification directly on Coinvise. You can then send them the reward manually.
Creating a Reward on Coinvise is the easiest way to reward contributors at scale and incentivize new individuals to join your community.
4 - The Shiny Objects Social Club and the case for creating good quests
Because we've always understood onboarding the next million individuals in crypto will only be possible through education and seamless user experience, we're building daily new easy-to-use tools and creating content on how to use them.
Creating bounties & rewards is an essential step when building a tokenized community as a this will align incentives with community members, allow to reward them and facilitate collaboration.
Learn more about how The Shiny Objects Social Club leveraged the Quest tool to become a thriving community.
How to create a Token Reward / Bounty on Coinvise?
☀️
Create quests to reward contributors for completing tasks. The reward tool on Coinvise allows you to create a quest and incentivize more people to come help you achieve your high-ambition goals.
If you don't want to pay money upfront, you can create your quest on a Layer 2 Blockchain (Polygon) that requires almost no gas fees when doing transactions. You can switch networks (from Ethereum to Polygon) easily on Coinvise, as shown below. Make sure to approve the transaction in your wallet once you've clicked on "Matic Network."
👇
Go on Coinvise.co and click the Create Token button.
👇
Click the connect "Wallet button" and follow the instruction. If you don't have a Wallet or don't know how to connect it, here's a complete tutorial.
👇
Click the "Quests" button (highlighted in red below).
👇
1. Select the token you want to create a reward for.
2. Find a name and a short description for your reward.
Note: Try to find an explicit name for your quest and explain clearly in the description what you're waiting for from contributors, with all the links they would need to complete the quests. To engage potential contributors, make it super easy for them to understand what you're waiting for from them.
3. Write the number of tokens you want to send per contributor.
Write the number of max. contributor that can apply & complete the quest.
👇
You can also allow only whitelisted addresses to complete the quest. Once done, accept the terms and click on “Create.”
👇
You're all set. You now have an ongoing reward, congrats. 🎉
Note: When members will visit your profile on Coinvise, they’ll see all your active quests in the “Participate” tab. They can then apply & complete the quest in one click, directly from there.
Note 2: When someone apply to the quest, you'll receive a notification on Coinvise and will have to accept or reject the completion of the quest. If you click on "accept," you'll then be able to send the tokens to the Bounty Hunter.
2 - Why would I want to create a Reward?
Once you've created your Token, you can create a Reward on Coinvise to:
Every time someone will complete one of the quests (reward) you've created, you'll receive a notification directly on Coinvise. You can then send them the reward manually.
Creating a Reward on Coinvise is the easiest way to reward contributors at scale and incentivize new individuals to join your community.
4 - The Shiny Objects Social Club and the case for creating good quests
Because we've always understood onboarding the next million individuals in crypto will only be possible through education and seamless user experience, we're building daily new easy-to-use tools and creating content on how to use them.
Creating bounties & rewards is an essential step when building a tokenized community as a this will align incentives with community members, allow to reward them and facilitate collaboration.
Learn more about how The Shiny Objects Social Club leveraged the Quest tool to become a thriving community.
