Eventum - Earning EVT Tokens
There are numerous ways to earn EVT Tokens which is the currency of the Eventum platform. They are:
- Participating in Eventum Alpha (Users & Developers)
- Participating in Events (Users & Developers)
- Selling Data to Developers (Developers)
- Designing Events for Developers (Developers and/ or Freelancers)
- Running Validation Nodes
- Air-dropped Reward
- Review System
Participating in Eventum Alpha
This needs no introducton if you’ve been following my other posts. For those of you who doesn’t know what Eventum Alpha is, it is the MVP product of the Eventum platform where investors and future users can see exactly what and how the platform operates. Users can sign up to the Eventum Alpha, and earn EVT Tokens, as well as ETH from participating in events. To date, the reward pool has 6,390,000 EVT Tokens, and 51 ETH for distribution to those who partake in events.
Participating in Events
Though this falls in the category above, participating in events is not limited to only the Eventum Alpha platform. In Q4 of 2018, the full platform will be released on the main network and there will be more events to participate in compared to now.
Selling Data to Developers
Developers who create events would have the option to sell their data to other developers and/ or researchers who are interested. Also, the platform caters to a dispute system, where the consensus result can be sent to those who did not fall within the consensus to dispute the accuracy of the consensus.
Designing Events for Developers
A fair bit of coding would be required initially to develop events for the Eventum platform. Since coding is a valuable skill that not much researchers possess, and event event creators, coders would be in high demand to create these events. And they will be paid substantially for their efforts with EVT Tokens.
Running Validation Nodes
These nodes are invaluable to the Eventum platform. They are used to capture the data, build the consensus and deliver the data to developers. The nodes are set to earn fees from every piece of data they process, to be paid in EVT Tokens. Since nodes are weighted based on reputation score, those choosing to run validation nodes stake EVT Tokens to guarantee that the data they are processing is accurate.
To further incentivise users to run validation nodes, the nodes which will process the data are selected at random when an event is generated. Thus ensuring fair play.
Air-dropped Reward
In the case of disputes, some funds go to a reward pool, which when filled over a certain level, the remaining EVT Tokens are air-dropped to all users within the system who have a positive reputation score. Talk about free money!
Review System
An AI (artificial intelligence) system tries to detect suspicious behaviour and asks random users whose past event history align with the current event type, to confirm the consensus before a dispute deadline. The user chosen at random is rewarded with EVT Tokens if they decide to participate.
As seen above, there are many avenues to earn EVT Tokens through the Eventum platform. Users and Developers only need the initiative and willingness to try the Eventum platform to see how cool it really is!
As always, DYOR and feel free to join the Telegram Channel where the Eventum team posts updates and answers all of your questions. They love it when you ask questions about the project.
I’d advise you to first read their lightpaper, then their whitepaper, and ask the members in the Telegram group to clarify any issues or uncertainties.
And don’t forget. Join the Eventum Alpha for free and experience how the platform is designed to work.
P.S. If you join the Eventum Alpha MVP, you can win a share of the remaining 6,390,000 EVTs and/ or 51ETH.