Dunk Social Is LIVE: Launch Details CLAIMDROP #1

in #hive-1679222 years ago

Dunk Social Logo.png

I am proud to announce that @dunksocial is officially live! dunksocial.io will be helping basketball fans around the world create value by engaging with and creating content about the sport that they love.

There have been a fair amount of questions regarding the tokenomics, goals, use cases and structure of the Dunk Social platform; so I am writing this post to clear all that up and provide details to everyone here and everyone who will come.

Roadmap

  • June 2021: The launch of the platform. Distribution of tokens according to tokenomics stated later on in this post.

  • July 2021- October 2021: Run numerous marketing campaigns in order to maximize engagement ahead of the 2021-2022 NBA season. During this time we expect continuous growth in network engagement and content creation as more people begin to join the site seeking rewards and content.

  • October 2021-June 2022: See large network growth with the NBA season in full swing. During this time, many contests will be run to increase engagement on the site including possible aspects of community-run sports prediction initiatives and engagement contests based on individual NBA team engagement levels on the network. During this time it is our hope that we will see increased engagement regarding international leagues and players to foster 24/7 engagement on the network.

  • July 2022 onward: Seek affiliate marketing status from the NBA. Seek engagement from individual NBA personalities (i.e. Giannis Antetokounmpo) and teams. Integrate with existing blogging networks to create a space where everyone is able to monetize their content.

Site Functionality:

  • Curators will get 50% of the rewards from upvoted posts

  • Authors will get 47.5% of the rewards from upvoted posts

  • @dunksocial will be a 2.5% beneficiary of rewards posts

  • The amount of issued tokens per day will be specified via the tokenomics inflation schedule later in this post.

  • DUNK tokens are stakable and delegatable with a powerdown timeframe of 14 days over 2 transactions. Delegation cooldowns are 7 days.

  • Desired use cases for DUNK tokens include future partnerships with video game companies as an alternative form of payment in game, NFT integrations similar to that of NBA Topshot, standard blogging rewards.

Tokenomics:

The tokenomics of this platform are strikingly similar to those employed by Cinetv.io as I have consulted @themarkymark for an inflation schedule for the rewards pool.

Tokenomics Screenshot.png

For those unfamiliar with this, the rewards per day is what you can focus on. It has been designed for that pool to decrease 5% every year in order to be deflationary in distribution.

This chart also implies a total supply of 10 million tokens, but this should be viewed as the maximum that can be issued; not all tokens have to be issued if not needed, but 10 million is the maximum that will be issued outside of the rewards pool.

The current breakdown for issuance is the following with the maximum allowance being 10 million tokens:

10% of maximum allowance has been issued to @dunksocial for lead curation. This will be fully staked.

5% of the maximum allowance has been issued to @rob23 for "team tokens". This will be fully staked.

10% of the maximum allowance has been set aside for team investors. These tokens will not be issued to begin.

5% of the maximum allowance will be issued to a group of 10 pre-selected content creators that will spark early content on the platform

5%-7% of the maximum allowance will be distributed via the claimdrop based on participation. This will be specified in the next section.

10% of the maximum allowance will be issued on a need-basis for contests, giveaways, marketing, etc.

10% of the maximum allowance will be released into the Hive-Engine market for purchase! Right now the price is 10 DUNK per Hive, though the market is reflecting that I am almost a millionaire right now (LOL, but maybe some day) *** This has been removed from the budget and readjusted. (https://dunksocial.io/hive-167922/@dunksocial/press-release-budgetary-adjustments)

This means that between 53-55% of possible tokens to be issued will not yet be put out there. Anything from this that is released will be announced at least 3 days in advance in order to maintain transparency.

"Claimdrop"

Rather than creating another platform where the whales are the same because they are getting more tokens from an airdrop, I want to create something that starts fresh.

I will be posting once per week about this for the next 3 weeks. Each time that you like one of these posts, I will send you 500 DUNK! Additionally if you follow @dunksocial you will qualify for another 100 DUNK! It is that simple, I want to get the ball rolling and give people a chance to get an even start (though whales can tack on more DUNK from the market).

If you participate in all three 'claimdrops' you will rack up 1500 DUNK and an extra 100 for just following the lead curation account @dunksocial

THIS POST SERVES AS CLAIMDROP #1, I will pay out your DUNK claims manually so send me a message if 48 hours goes by without you getting your DUNK.

Further questions should be asked via the comment section so that the answers can be available publicly! I look forward to getting you all some DUNK and I hope that you power them up and get involved with Dunk Social!

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@mariosfame gif once again, I love it

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NEW TRIBE COMING SOON:

BSK1.png

Links and Connections:
Follow me on Twitter: Rob_Minnick23
LeoFinance/HIVE : rob23
NEW TRIBE: @dunksocial
Join me on Torum: https://www.torum.com/signup?referral_code=robminnick23
Join Cake DeFi and get $30 in $DFI as a new user: https://pool.cakedefi.com/#?ref=187314
Noise.cash: rob23
Read.cash: R23
Join me on Publish0x: https://www.publish0x.com/?a=M7e587xqd2

Who I am:
My name is Rob and I am a college student doing my best to get involved in the crypto world. I have enjoyed blogging thus far and thank you for reading my article! Give me a follow and let’s build the community together through consistent engagement.

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@rob23! This post has been manually curated by the $PIZZA Token team!

Learn more about $PIZZA Token at hive.pizza. Enjoy a slice of $PIZZA on us!

I would like to get in on the airdrop and I plan on staking my tokens. But I am probably not sure how often I will be voting. Do you plan on asking @amr008 to create some engagement project for people using your front-end? If so at least I can make sure those tokens get to work by putting it towards that engagement metric.

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I'm glad to hear that, I hope that you will find some stuff to talk about eventually! I would love to talk with @amr008 about that, but I haven't gotten around to the finer details and engagement things like this though I am excited to.

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Sure hit me up on discord or you can ask me here itself if you have anything on mind. I will be happy to help.

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Super excited for this!

I'll start posting my Basketball posts over there, along with SportsTalkSocial.

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Can't wait to curate them!

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Count me in for the airdrop! Good luck with the project. I will try and do some posts about NCAA basketball from time to time too. !LUV

Sorry, you're out of LUV tokens to be sent today. Try tomorrow. (Having at least 10 LUV in your wallet allows you to freely give 3 per day.)

Despite you bagging on my Timberwolves, I will still follow you and wish you success with this venture. Hoops was my first love as a kid and, as I said before, I still ref high school to continue to be around it. You should maybe put together a quick contest for this years playoffs, just to see what kind of engagement you can get. Just a thought. Maybe take the final four teams and give prizes for people's guesses on Most Points, Rebounds, Blocks, Assists, Steals, Turnovers, 3's, etc. cumulative through the last 4 teams. Like I said, just an idea.

Anyway, good luck! I look forward to participating in #dunksocial in the months and years to come.

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"Liked" and followed.

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I absolutely love that concept. Really excited to have you, once I get things a bit more settled I will look to do a contest like this, I really like it!

Good luck with this project, I for one will stake my tokens so I am in for the ride so lets go

Very happy to hear that! Welcome aboard!

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I love the logo!!
I always enjoyed playing basketball back in the day! Now is more watching on TV lol
Sports is always a never-ending topic as everyone has their 2 cents especially when there's some team rivalry lol
As long as it stays as civilized as possible, it's always a good discussion :)

All the best for the initiative! I will support with upvotes!!

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We'll see on the civility LOL we can hope! Thank you for the kind words, I hope you share stories of your experience on the platform!

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Best wishes with the new community. I'm game and have liked/followed. I added a very baseline bid on the market at 1 mil DUNK per hive. lol. Here's to getting the ball rolling....

Thank you for the engagement! Though the price is a bit stiff for my liking I appreciate seeing numbers starting to come in LOL. Looking forward to engaging with you!

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Nice to see this tribe rolling out! Good luck!

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@rob23! I sent you a slice of $PIZZA on behalf of @ph1102.

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Thank you! Hope you decide to join and post some stuff!

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Wow that's cool @rob23, looking forward to posting here.. I wish you luck and success with your project!

Looking forward to seeing your posts and engaging with them! Thank you for the kind words

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Congratulations on getting this live. It is good to see it put out there. We need a tribe like this on Hive. We really need to collectively promote the hell out of it.

This has potential.

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Thank you for the continued support, I hope it lives up to all of our expectations.

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Interesting to see a community based on a specific sport, basketball is great. Success for this project.

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Much appreciated! I hope that you find some enjoyment from it, I agree it is great!

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This is great stuff....I shared it with a bunch of my friends offchain who are huge basketball fans...Hope to bring them over and get involved!

As for powering up the DUNK....Absolutely!

Might be able to get to whale status in this too lol

Good luck on the launch :)