🤑Incentive Mechanism

Token Incentive Mechanism Overview

We introduces a unique incentive system that rewards users for their engagement and contributions on popular social media platforms like X (formerly Twitter), LinkedIn, and Telegram. Leveraging advanced AI analytics and blockchain technology, the platform ensures that users are fairly compensated for their genuine interactions. This section outlines how the token incentive mechanism works, the data-driven approach to reward distribution, and the best practices adopted to maintain a healthy and transparent ecosystem.

1. Our Reward Metrics & Engagement Criteria

The token incentive system is designed to capture and reward meaningful user activities across integrated social platforms. These activities include:

• Post Interactions: Likes, comments, shares, and retweets.

• Content Engagement: Time spent reading/viewing posts, clicks on shared links, and engagement quality.

• Account Growth: Number of new followers, connections, or subscribers over a given period.

• Referral Actions: Successfully inviting others to join the platform and connect their accounts.

Each activity is assigned a specific weight based on its significance and impact on community growth, with the aim of ensuring that contributions are recognized and rewarded accordingly.

2. Data Integration & AI-Powered Analysis

To effectively capture and evaluate user activities, InteractAI seamlessly integrates with social media platforms through their APIs:

• X (Twitter) API: Retrieves engagement data such as impressions, likes, and comments to evaluate a user's influence and activity.

• LinkedIn API: Accesses analytics on post engagement and professional connections to measure professional networking impact.

• Telegram Integration: Utilizes a custom Telegram bot to monitor user participation in channels, groups, and interactions within the InteractAI ecosystem.

Using these data points, InteractAI’s AI algorithms analyze patterns to differentiate between authentic and low-quality interactions. This process helps maintain the integrity of the reward system by filtering out spam and bot-like behaviors.

3. Reward Calculation: Converting Engagement into Tokenized Value

InteractAI uses a sophisticated formula to convert engagement metrics into token rewards, ensuring that active and impactful users are rewarded proportionately. The formula considers various engagement activities and their associated weights:

Reward Score (RS) =     (W1 × Likes) + (W2 × Comments) + 
                        (W3 × Shares/Retweets) + (W4 × Impressions) +
                        (W5 × Referrals) + (W6 × Account Growth)

Where:

• W1 to W6 are predefined weights that reflect the relative importance of each activity.

• Reward Score (RS) represents the overall contribution of the user.

The reward score is then used to determine the number of $IAI tokens each user earns during a reward cycle:

Token Reward (TR) = Base Reward × (User Engagement Score / Total Engagement Score)

This implementation ensures that each user receives a fair share of the total rewards, based on their relative engagement level compared to other users in the community.

4. Smart Contract Integration & On-Chain Reward Distribution

Once the reward calculation is complete, a smart contract deployed on the Solana blockchain handles the distribution of $IAI tokens. Key functions of the smart contract include:

• claimReward: Allows users to claim their earned tokens through the platform’s interface.

• setRewardWeights: Enables administrators to dynamically adjust the weights of different engagement types based on evolving platform needs.

• getUserScore: Provides transparency by allowing users to check their engagement scores and view historical reward data.

The smart contract ensures that the reward distribution is secure, transparent, and auditable by anyone on the network.

5. Best Practices & Community Centric Reward Distribution

We employs several best practices to ensure that the incentive mechanism is sustainable and beneficial for the community:

• Preventing Sybil Attacks: AI algorithms monitor engagement patterns to detect and block bot-like activities and fraudulent behavior.

• Dynamic Adjustments: The reward system is adaptable, allowing the community to provide feedback and adjust the relative importance of different engagement types.

• Cap and Limits: To prevent abuse, maximum token rewards per user per period are defined, ensuring that rewards are fairly distributed among genuine participants.

6. How Users Can Participate and Benefit Greatly

Users can participate in the InteractAI reward program by simply connecting their social media accounts to the platform and engaging with posts shared via InteractAI. The platform will then track and evaluate these interactions in real-time, allowing users to see their engagement scores and token rewards grow. By creating valuable content, engaging with the community, and inviting others to join, users can maximize their earnings and become active contributors to the InteractAI ecosystem.

Therefore, Our incentive system represents a significant step forward in aligning social media engagement with tangible financial rewards. By integrating AI-driven analytics with decentralized blockchain technology, we ensure that every user’s contribution is valued and rewarded fairly. Join us in building a new era of social-finance, where every interaction holds value and every community member can thrive.