How will ecosystem incentives be unlocked and distributed?
We offer (or have offered) several ecosystem incentives, e.g. talent tokens, Mystery Boxes, completing Quests, buying reactions, and more.
Each incentive requires varying efforts and actions from users leading to different distribution conditions. Below is the official breakdown of vesting schedules:
Ecosystem Incentives may change post-TGE depending on DAO governance. Please check the whitepaper to know more about decentralisation plans.
Ecosystem Incentives Sub-Category #1: Talent Protocol V1: Social Tokens
a) Buying talent tokens.
Vesting Conditions Applied
Each purchased talent token will be converted to $TALENT at the Fall Round price ($0.02 per $TALENT). The following vesting conditions will apply to the $TALENT tokens earned through buying Talent Tokens:
4% unlock at TGE. 6% unlock per month on a rolling basis.
Unlocks are accumulative and $TALENT tokens need to be claimed.
$TALENT tokens need to be claimed in 30 days after TGE; otherwise, they will be burned.
How will Summer Airdrop tokens be unlocked and distributed?
Summer Airdrop is part of the Future Airdrops as defined in the tokenomics, and it follows the terms outlined below:
Future Airdrops Sub-Category #1: Summer Airdrop
$TALENT earned through the Summer of $TALENT Airdrop Campaing will follow the following vesting conditions:
100% unlock at TGE.
$TALENT tokens need to be claimed in 30 days after TGE; otherwise, they will be burned.
To be eligible to claim the $TALENT tokens that will be airdropped, participants must meet the one or more of the following proof-of-humanity credentials in their Talent Passport:
Coinbase Verified ID: The user must have a verified account on Coinbase and must have completed identity verification (KYC).
World ID: The user must have completed the Proof of Personhood verification with Worldcoin.
Gitcoin Passport Humanity Score: The user must own a Gitcoin Passport with a score of 15 or higher.
Any other proof of humanity credentials that could be added to the Talent Passport.
Only those who fulfill one or more of these verification criteria will be eligible to to claim the $TALENT tokens that will be airdropped.