Intella X Service Documentation
  • Overview
  • Service Protocols
    • Proof of Contribution
    • Revenue Redistribution
  • Getting Started
    • Creating Your Web3 Wallet
    • Transferring Assets
    • Meta Transactions
  • Alphastarter
    • What is Alphastarter?
    • Key Features
      • For Investors
      • For Builders
    • Challenges Alphastarter Solves
    • NFT-fied Investment Certificate
    • How does Alphastarter work?
      • Funding
      • Voting
  • Token Economy
  • Grant Program
  • Roadmap
  • FAQ
    • General topics
    • Account
    • Grant program
  • Social Channels
  • Partnership
    • Mercuryo
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  • For Developers— "Develop and Earn"
  • For Users— “Contribute, Play and Earn”
  1. Service Protocols

Proof of Contribution

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Last updated 1 year ago

This innovative protocol is exclusive to Intella X and was developed to encourage and perpetually reward the contributors of the ecosystem (i.e., platform provider, game developers, and users), with its native platform token, Intella X (IX) token.

Unlike the Proof of Work (PoW) or Proof of Stake (PoS) consensus algorithm where miners and validators are rewarded for their work in processing and validating data on the blockchain, Intella X's Proof of Contribution (PoC) perpetually rewards the contributors for their work in actively participating in the ecosystem without the need for hardwares or softwares.

The service protocol determines the contribution rate of the ecosystem's participants by analyzing both on-chain and off-chain data, which also translates to the pro rata number of tokens each contributor will receive for the month.

For Developers— "Develop and Earn"

The protocol provides game developers with an additional form of revenue stream on top of their traditional Web2 monetization by rewarding them with a pro-rata amount of Intella X tokens based on the game’s contribution to the ecosystem on a monthly basis. This means that game developers in the Intella X ecosystem can do what they do best — developing and deploying high-quality game titles and engaging content in the ecosystem and be compensated.

The protocol analyzes both on-chain and off-chain data, which is used to determine a specific game’s contribution rate, followed by the number of native platform tokens that the respective game developer will receive for the month.

The on-chain and off-chain metrics consist of:

  • Generated Monthly Revenue

  • Monthly Active Users

  • TVL of the respective game’s liquidity pool (if applicable)

The contribution rate is determined monthly and reset at the start of each month.

For Users— “Contribute, Play and Earn”

In addition to the notable Play and Earn feature — where users can earn game tokens from playing games in the ecosystem — Intella X’s PoC protocol enables gamers and users of the ecosystem to contribute by depositing Intella X tokens and other digital assets in the Intella X DEX. In return, gamers and users of the ecosystem are able to earn additional Intella X tokens as well as Game Tokens, leading to the combination of Contribute-Play and Earn.

This unique service feature offers many benefits, such as:

  • Lower entry barriers. No special hardware or software is required.

  • Provide an additional form of revenue stream in Web3 (in the form of Intella X tokens) on top of the game developer's traditional monetization (e.g., in-app purchases) while maintaining the game's presence in major third-party storefronts.

  • And allowing users to not only "Play and Earn" but also "Contribute and Earn" by participating in added value activities such as providing liquidity, or staking to further increase their earning potential and engagement with the ecosystem.

  • Increased engagement and participation: By rewarding contributors for their work in actively participating in the ecosystem, the PoC protocol incentivizes game developers and users to increase their engagement and contributions to the platform. Which leads to a more vibrant and thriving ecosystem that benefits all participants.

Overall, the PoC protocol offers a unique and innovative approach to incentivizing and rewarding contributors, which can lead to a more active and engaged ecosystem, increased earning potential for participants, and a more transparent evaluation of the contributors for the reward distribution.