From 51e6579bf5db32ae8902c4feaf6ca015d4b54eca Mon Sep 17 00:00:00 2001
From: =?UTF-8?q?Lu=C3=ADs=20Torres?=
- Projects hoping to secure community contributions or distribute tokens - on citizend must garner the greatest number of votes from the community - to win a slot, with each member of the community being able to cast only - one vote, among multiple competing projects in each batch. To do so, - projects must convince the community of their worth, as community - members only receive allocations if their chosen project is elected, - they are incentivized to research and select the projects with the - highest potential. + Projects hoping to secure community contributions must garner the + greatest number of votes from the community to win a slot, with each + member of the community being able to cast only one vote, among multiple + competing projects in each batch. To do so, projects must convince the + community of their worth, as community members only receive allocations + if their chosen project is elected, they are incentivized to research + and select the projects with the highest potential.
The Rising Tide Mechanism embodies citizend’s vision of a token launch platform that values community engagement and contribution equally, - paving the way for a more inclusive and balanced web3 funding ecosystem. + paving the way for a more inclusive and balanced web3 ecosystem.