How are 100QA's Tokens allocated?
$FAQ: No Pre-allocation, All Rewards to Contributing Users
The token for 100QA is named $FAQ.
The team has 0 pre-allocated tokens; 100% are provided to all users who contribute to 100QA. Users contributing to the first 100 million questions will receive token rewards.
- 31.5% of points are rewarded to the person who creates the question.
- 5.3% of points are randomly dropped to browsers.
- 63.2% of points are rewarded to users who provide large model APIs for "mining."
2 Basic Reward Rules
Rule 1: Calculation of Base Reward Points
- The main rewarded actions are as follows:
- Asking a question - 50%
- Providing an API key to enable model "answering" and "translation" - 65%
- Random drops during browsing - 10%
| Action | Action 2 | Base Points |
|---|---|---|
| User Action | Asking a question | 6 |
| Provide APIKEY | Creating an answer | 9 |
| Translating a question into 2 other languages | 1 | |
| Translating an answer into English | 1 | |
| Translating an answer into Japanese | 1 | |
| Accumulating into the random red packet reward pool | 1 |
Currently, our platform supports 3 languages: Chinese, English, and Japanese. When a question is asked, it automatically generates 3 versions in these 3 languages, resulting in a base reward of 19 points.
Rule 2: Reward Multiplier
To attract more participants to build 100QA in the early stages, we have set up a reward curve to ensure early participants receive more rewards.
We use the following formula for rewards:
$R(n) = 100 / (1 + a * n/10^8)^2$
Where
a = √5 - 1 ≈ 1.236
If displayed graphically, the change in reward points is as follows:
The first question will have a reward multiplier of approximately 100x, while the 100 millionth question will have a reward multiplier of approximately 20x.
This means our early participants can receive about 5 times the reward, and this reward curve naturally decays as more questions accumulate.
Based on Rules 1 and 2, we estimate that approximately 28 billion points will be distributed by the time 100 million questions are reached. To make the points more intuitive, we plan to issue a total of 100 million tokens. Therefore, we will divide all points by a ratio of 280, so that the points you receive can be exchanged for tokens at a 1:1 ratio.
According to this ratio,
The contributor of the first question will share 2.25 $FAQ,
While the 100 millionth question will receive approximately 0.45 $FAQ.
Therefore, you will eventually see your points in your account, and these points can be exchanged for $FAQ tokens at a 1:1 ratio. You can exchange $FAQ tokens to your ETH wallet at any time through the contract we provide.
Regarding Random Drops During Browsing
This part will be implemented later through red packets popping up during browsing, allowing users to discover and claim random amounts of red packet rewards while browsing.
$FAQ Token Contract Description
$FAQ is an ERC20 token issued on the ETH mainnet.
The contract address is: