The Exoticoin Creator Voting and Collaboration System aims to engage both creators and fans by allowing creators to collaborate, compete, and receive direct feedback from the community. This system incorporates fan voting, creator collaboration on content themes, and a daily jackpot for participants, fostering a vibrant, interactive ecosystem within Exoticoin.io.
- Creator Collaboration and Competition
- Content Theme Proposals: Creators submit content theme ideas (e.g., genre, style, storyline) for upcoming projects. These themes are then made available for fan voting.
- Collaboration Opportunities: Creators can partner up based on popular themes, allowing multiple creators to collaborate on a single project.
- Creator Competitions: Competing creators can submit individual content pieces based on a popular theme, encouraging a friendly rivalry to see whose content the community enjoys the most.
- Fan Voting System
- Voting on Content Ideas: Fans can vote on content theme proposals submitted by creators, guiding what content gets produced.
- Voting on Created Content: Once content is produced, fans can vote on their favorite pieces, showing appreciation for creators and helping identify top content.
- Daily Jackpot Giveaway
- Voting Participation Rewards: Every day, users who vote on content ideas or created content earn entries into a daily jackpot drawing.
- Jackpot Pool Funding: The jackpot pool is funded through a portion of the platform’s transaction fees and special promotional events, with a minimum daily prize to encourage daily participation.
- Additional Prizes for Top Creators
- Top Content Creator Awards: Creators whose content wins the most votes in a given period (daily, weekly, monthly) earn additional rewards, including XTC, EDM tokens, and visibility boosts on the platform.
- Collaboration Prizes: When collaborating creators produce popular content, both collaborators receive prize tokens and special recognition.
System Workflow
Step 1: Content Theme Proposal and Submission
- Creators Submit Themes: Creators submit content ideas or themes (with brief descriptions or previews) they would like to produce, either solo or with a collaborator.
- Platform Moderation: Exoticoin.io moderators approve themes to ensure they align with community standards.
- Voting Round: The approved themes are posted on the platform, and fans vote on their favorite ideas.
Step 2: Fan Voting
- Voting Mechanics: Fans cast votes using EDM tokens to help select the most popular content themes. Voting is limited to one vote per user per theme, but fans can vote on multiple themes.
- Voting Incentives: Each vote provides the fan with one entry into the daily jackpot drawing, and voting rewards are displayed to encourage participation.
Step 3: Content Production and Voting
- Content Creation: Creators produce content based on winning themes, individually or through collaboration.
- Content Voting: Once content is live, fans can vote on completed pieces. Voting on finished content allows fans to rate creators’ work and give feedback.
- Voting for the Daily Jackpot: Fans voting on completed content earn additional entries into the daily jackpot drawing.
Step 4: Daily Jackpot Giveaway
- Jackpot Entry: Each vote on a theme or content piece provides one entry into the daily jackpot drawing. Users can accumulate multiple entries each day by participating in different votes.
- Jackpot Prizes: A percentage of the platform’s transaction fees and promotional contributions fund the jackpot, ensuring a minimum prize each day. The daily jackpot includes a mix of XTC and EDM tokens.
- Jackpot Announcement: Winners are announced daily, with winnings distributed directly to their wallets.
Step 5: Additional Creator Prizes and Recognition
- Top Content Creator Award: Every week and month, the creator with the most votes on their content receives a prize in XTC and EDM, along with a “Top Creator” badge displayed on their profile.
- Collaboration Awards: Creators who collaborate on a winning piece share additional XTC and EDM rewards, with the content promoted on the platform’s featured section.
Prizes and Rewards
- Daily Jackpot
- Prize Pool: 1,000 XTC + 500 EDM (minimum), with additional funds from platform transaction fees and special events.
- Distribution: One daily winner receives the jackpot prize, awarded based on randomized selection from daily entries.
- Top Content Creator Weekly and Monthly Awards
- Weekly Prize: 500 XTC + 200 EDM, along with a featured listing on the homepage for one week.
- Monthly Prize: 2,000 XTC + 1,000 EDM, a special “Top Creator” badge, and promotion in platform emails and social media channels.
- Collaboration Awards
- Collaboration Prize: 1,000 XTC + 500 EDM, shared between collaborating creators if their content is among the top three most-voted projects of the month.
- Featured Placement: Collaborative content receives a “Top Collaboration” tag and promotion on the platform, encouraging further collaborations.
Technical Requirements
- Voting Mechanism:
- Token-Based Voting: Fans vote using EDM tokens, with each EDM token providing voting power. This mechanism allows fans to support their favorite themes and creators.
- Smart Contracts: Smart contracts track votes, distribute daily jackpot rewards, and tally creator awards, ensuring transparency and fair distribution.
- Daily Jackpot Smart Contract:
- Entry Tracking: Each vote on a theme or content piece automatically generates an entry into the daily jackpot.
- Randomized Selection: The smart contract randomly selects the daily winner, ensuring fairness and transparency in jackpot distribution.
- Leaderboard and Badging System:
- Weekly and Monthly Leaderboards: Leaderboards track top content creators based on fan votes, displaying creators’ standings on the platform.
- Badge Display: Winning creators receive badges (e.g., “Top Creator of the Month”), encouraging them to continue engaging with the community.
- Platform Notifications and Announcements:
- Notification System: Fans receive notifications when new themes are available for voting, encouraging ongoing engagement.
- Daily Winner Announcements: Platform announces daily jackpot winners and top creator awards, encouraging community participation.
Benefits
- For Fans: Fans participate directly in the creative process, influence content direction, and have a chance to win daily jackpot prizes by voting.
- For Creators: Creators benefit from direct fan feedback, gain visibility, and can win XTC and EDM prizes, making content creation both engaging and rewarding.
- For the Platform: Increased engagement from voting and jackpot participation drives ongoing platform activity, encouraging users to return and engage daily.