Mini-Game App on Telegram
Community Building and Token Reward System
Last updated
Community Building and Token Reward System
Last updated
As part of our community-building initiative, Lunaa has allocated 1 million Lunaa tokens for a mini-game app on Telegram. This app will engage users, allowing them to earn points by participating in various activities. These points can be converted into Lunaa tokens once the main application is launched. Below is the breakdown of how this system works, along with the formulas that govern the conversion process.
1. Total Allocation for the Mini-Game App
Lunaa has reserved 1 million Lunaa tokens from the total token supply of 40 million specifically for rewarding participants of the mini-game on Telegram.
Total Supply of Lunaa Tokens: 40,000,000
Mini-Game Allocation: 1,000,000 Lunaa tokens (2.5% of total supply)
2. Point System Overview
Participants in the Telegram mini-game app will earn points based on their activity and engagement within the community. These points will later be redeemable for Lunaa tokens after the platform's main launch.
Points Earned: Users accumulate points through specific actions, such as completing challenges, referring new members, and engaging in the community.
Lunaa Token Conversion: At the time of the main platform launch, a conversion rate will be established to reward users with Lunaa tokens based on their earned points.
3. Conversion Formula for Points to Lunaa Tokens
To ensure fair distribution, we will use a formula to convert the total points earned by all participants into Lunaa tokens. Here is how it works:
Let:
P = Total points earned by all users during the mini-game.
p_i = Points earned by an individual user.
T = Total Lunaa tokens allocated for the mini-game (1,000,000 Lunaa).
t_i = Lunaa tokens rewarded to an individual user.
Where:
tit_iti is the number of Lunaa tokens a user will receive.
pip_ipi is the number of points the individual user earned.
PPP is the total points accumulated by all users.
TTT is the total tokens allocated for the mini-game (1,000,000 Lunaa).
4. Example of Conversion
Let's assume the following:
Total Points Earned (P) by all users = 1,000,000 points
Points Earned by User A (p_i) = 10,000 points
Total Lunaa Tokens for Rewards (T) = 1,000,000 Lunaa tokens
Now, using the formula:
Thus, User A would receive 10,000 Lunaa tokens for their participation in the mini-game.
5. Fairness and Dynamic Adjustment
The conversion formula ensures that the total pool of Lunaa tokens is fairly distributed among all participants based on their level of activity. If more users join and more points are accumulated, the value of each point decreases slightly, which encourages early participation and consistent engagement.
Additionally, since the total amount of Lunaa tokens for the mini-game is capped at 1 million, the formula prevents inflation of rewards and ensures long-term sustainability for the token economy.
6. Distribution Timeline
Pre-Launch Phase: Players will accumulate points during the mini-game, but no tokens will be distributed before the main platform launch.
Post-Launch Distribution: Once the main app goes live, we will take a snapshot of the total points earned by users and convert them to Lunaa tokens using the formula described above.
Claiming Process: Users will be able to claim their Lunaa tokens via the platform, which will be automatically credited to their wallets.
7. Participation Guidelines
Mini-Game Start Date: 04 : 11 : 2024
Main App Launch Date: 05 : 02 : 2025
Eligible Activities: Completing challenges, referring new members, participating in discussions, and other community engagement tasks will earn users points.
Rewards Claiming: After the main launch, participants will be notified about the process for claiming their earned Lunaa tokens.
The mini-game on Telegram is designed to foster early community engagement and reward active participants with Lunaa tokens. By allocating 1 million tokens and using a fair point-to-token conversion system, Lunaa ensures that early community builders are fairly rewarded for their contributions.
This system not only supports community growth but also builds excitement for the upcoming main platform launch. Join the mini-game, start earning points, and be part of the future of decentralized GPU computing!
