Aggregating and incentivising crypto micro-influencers.
Disclaimer: All information in this Gitbook document is subject to change and will be updated frequently.
Introduction: What is Hashtagger?
Hashtagger is a crypto-community as a service platform.
Decentralization is a central tenet for cryptocurrencies, and one can't have decentralization without having a vibrant community to decentralize to. Thus, the size and the health of a cryptocurrency's community is an indicator of that currency's vitality and value.
Hashtagger provides a way for crypto-projects to acquire or strengthen their crypto-community by presenting themselves to the crypto-community of Hashtagger and, if the community likes what they see, then to incentivize them to spread the word about their particular crypto-project to the others in their network on the social media channels like Twitter.
Each week, there will be three regular ways for the user to earn rewards:
1. Through hashtag pools:
Hashtag pools are the pools where the users can submit their tweets that will be promoting a coin or a token specified in that pool. Initially the three kinds of hashtag pools present will be:
Hashtagger's native bounty pool
A community project bounty pool (selected by community voting each week)
Guest pools for our ecosystem partners.
For picking the community coin of the week, community can vote on the list of candidates, or submit a candidate themselves. That winning project will be selected based on a bidding mechanism that will be dependent on the number of community votes the project bid gets.
The crypto-project thus gets crucial exposure on social media among knowledgable crypto-investors.
The community members, in return, get rewards in Hashtagger tokens calculated by a reward function based on their relative contribution towards the overall exposure and the amount of tokens placed in the bid by the crypto-project whose bid has been accepted that particular day.
2. Through Liquidity Provision:
Users get rewarded for providing liquidity.