$MIND Rewards

About $MIND Token

The $MIND token is pivotal to our ecosystem and our community.

• Access to Dataset: $MIND tokens are used to access the aggregated dataset, providing valuable insights into the impact of Web3 on well-being.

• Governance: $MIND tokens enable holders to participate in the governance of the data treasury, ensuring community-driven decisions.

• Contributor Rewards: $MIND tokens are used to reward contributors to the dataset for their efforts and commitment to the project.

Notice of Pre-Sale

$MIND tokens will be offered through a fair launch pre-sale, ensuring that everyone has an equal opportunity to participate and support the DAO from the ground up. Further details on the pre-sale will be shared soon. Follow https://x.com/OpenyourMindDAO for updates.

Contributor Rewards

Base Rewards

In your first week, rewards are based on the number of transactions in your wallet. This encourages participation from both active and less active users.

Exponential Increase

Each week, your rewards increase based on a 'Participation Factor.' This factor starts at 1 in the first week and increases by 1 each week, up to a maximum of 10. For example:

• Week 1: Base reward × 1

• Week 2: Base reward × 2

• Week 3: Base reward × 3

• ...

• Week 10: Base reward × 10

If you miss a week, the Participation Factor resets to 1.

Bonuses for Consistency

Consistently contribute over longer periods to earn additional bonuses, such as extra $MIND tokens or exclusive NFTs. This rewards your ongoing commitment and the valuable data you provide.

Reward Distribution

Rewards are distributed weekly in the form of $MIND tokens. These tokens are transferred directly to your connected wallet after you submit your data.

No Reward Caps

There are no limits on the rewards you can earn. As long as you continue to participate and submit your data, you can keep earning $MIND tokens.