$BULB: Read to Earn Token Airdrop

BULB is a crypto-based blogging platform where ideas, passion, and engagement are all rewarded. BULB rewards content creators for 100% of the value they create within the community by returning ownership to users. Realising that writing and reading are all about sharing ideas and passions with others, we believe that only you should benefit from this.  

BULB recognises and rewards all users for their engagement. For the first time, you can write, read, react, comment, share, and earn cryptocurrency all at once.

Instead of using other apps that doesn't reward you for writing on it, $BULB is exactly what every content creator and article writer has to use

To further develop how everyone earns on this platform, it's introduced BULBmojis. BULBmojis are classified into six types: Writer, Sharer, Talker, Reader, Reactor and Moderator. BULBmojis are obtained by performing an 'action' on the platform and are converted into BULB points. The following BULBmoji classes are listed in descending order of value.

So how will you earn $BULB tokens?

Users can earn BULB Tokens in three easy steps:

📌Collect BULBmojis by devoting some of your daily energy to writing, reading, reacting, commenting, and sharing.

📌Your BULBmoji collection will automatically translate into BULB points, which will affect your leaderboard ranking.

📌You can claim BULB Tokens from a predetermined distribution pool at the end of each week based on your leaderboard ranking.

This cycle repeats in perpetuity. Essentially, the more actions you complete, the more BULBmojis you will receive, the more points you will receive, and the more BULB Tokens you will be able to earn.

You will need to use BULB energy to complete an action, which recharges on a daily basis. Because energy is a limited resource, you must use it wisely.

Incase you run out of energy, you can purchase some energy with your $BULB TOKENS.

The total energy consumed differs from actions you take, i.e

Posting an article consumed 30 energy

Reacting on post consumes 1 energy

Commenting consumes 5 energy

BULBmojis reduces the energy amount consumed by the user. You can purchase from shop ranging from 0.1 SOL to 2 SOL.

CONFIRMED $BULB AIRDROP

 

BULB is a crypto-based blogging platform where ideas, passion, and engagement are all rewarded. BULB rewards content creators for 100% of the value they create within the community by returning ownership to users. Realising that writing and reading are all about sharing ideas and passions with others, we believe that only you should benefit from this.

BULB recognises and rewards all users for their engagement. For the first time, you can write, read, react, comment, share, and earn cryptocurrency all at once.

Instead of using other apps that doesn't reward you for writing on it, $BULB is exactly what every content creator and article writer has to use.

 

To further develop how everyone earns on this platform, it's introduced BULBmojis. BULBmojis are classified into six types: Writer, Sharer, Talker, Reader, Reactor and Moderator. BULBmojis are obtained by performing an 'action' on the platform and are converted into BULB points. The following BULBmoji classes are listed in descending order of value.

 

 

How Do I Collect BULB Points?

Write

Case 1 | Write a Blog | Unilateral System

The author earns BULB points for each blog that they write. Points are assigned using an algorithmic system designed to encourage legitimate engagement. The system is unbiased and takes into account a variety of factors to allocate BULB points.

 

Read

Case 1 | Read a Blog | Bilateral System

The Reader collects BULB points each time they read a blog. The Writer of the blog also receives BULB points for receiving a read.

 

React

Case 1 | React to a Blog | Bilateral System

The Reactor collects BULB points each time he or she reacts to a blog. The Writer of the blog also receives BULB points for receiving a react.

 

Case 2 | React to Comment | Bilateral System

The Reactor collects BULB points each time he or she reacts to a comment. The Commentator of the blog also receives BULB points for receiving a react.

 

Case 3 | React to a Reply | Bilateral System

The Reactor collects BULB points each time he or she reacts to a reply. The Replier of the blog also receives BULB points for receiving a react.

 

Comment

Case 1 | Comment under a Blog | Bilateral System

The Commentor collects BULB points each time he or she comments under a blog. The Writer of the blog also receives BULB points for receiving a comment.

 

Case 2 | Reply to Comment | Bilateral System

The Replier collects BULB points each time he or she replies to a comment on a blog. The Commentator of the blog also receives BULB points for receiving a reply.

 

Case 3 | Reply to a Reply | Bilateral System

The Replier collects BULB points each time he or she reacts to a reply to a comment. The Replier of the blog also receives BULB points for receiving a reply.

 

Share

Case 1 | Share a Blog | Bilateral System

The Sharer collects BULB points each time he or she shares a blog. The Writer of the blog also receives points for having their blog shared. This is yet to be implemented.

 

Moderate

Case 1 | Report a Blog or Comment | Unilateral System

The Reporter collects BULB points only when the reported blog or comment reaches a certain report threshold which prompts it to be flagged as an active report on the governance dashboard and the active report is ultimately taken down by Moderators. This function is available to any BULB user.

 

Case 2 | Voting on a Blog or Comment | Unilateral System

The Voter Collects BULB points only if the vote agrees with the majority decision of other Voters with regard to the reported blog or comment. For example, if a Voter votes in favour of taking down the blog or comment, and the final majority decision is also to take down the blog or comment, then all Voters that are on the same side of the final decision will earn points, and Voters that are on the opposite side of the final decision will earn no points; and vice versa. This function is available only to selected Moderators on BULB, and votes are conducted anonymously. To be a moderator, reach out to the BULB Team to apply.

How Are BULB Token Rewards Distributed?

Every Monday at 7 am UTC, BULB Tokens are automatically distributed to the community based on leaderboard positioning.

 

When Will I Receive My BULB Tokens?

Every Monday at 7 am UTC, BULB Tokens are automatically distributed to the community based on leaderboard positioning.

 

Why Haven’t I Received My Tokens Yet?

Following the distribution of tokens to the community, you must collect your BULB tokens by going to the Inventory menu and clicking 'unlock.' This will trigger a transaction that will send your weekly reward to your Phantom wallet.

 

How Much Daily Energy Do I Receive?

Your energy is replenished to full capacity every 24 hours. When you first create a BULB account, you will receive 30 energy per day; however, by level 5, you will be able to unlock a full energy capacity of 100.

What Happens If I Run Out Of Energy?

Energy, like everything else in life, is a valuable resource. If you happen to run out of energy within 24 hours, you will be unable to collect further BULBmojis until your energy replenishes, or if you buy more. Make good use of it!

 

Why Is My Energy Not Replenishing?

If your content is reported under BULB's governance system and the moderators tasked with protecting the community vote in favour of the report, your energy capacity will be reduced as a result. Unfortunately, this means that the energy will never be recovered. Everyone makes mistakes, including our trusty moderators; if you believe your content was judged unfairly, use the report appeal system.

 

 

How Does The Governance System Work?

BULB employs a peer-to-peer content moderation system run by trusted community members to protect the community from copyright infringement, spam, and content that violates BULB's code of conduct. When a report is submitted, BULB moderators will review the content and accompanying evidence to determine the appropriate course of action

 

How Does The Report System Work?

The BULB community can report any content. When a report is created, the content and accompanying evidence are reviewed to determine whether the content should be kept or removed. A reported post is penalised with 100 BULB points and a minus 10 energy capacity; a reported comment is penalised with 50 BULB points and a minus 5 energy capacity. In extreme circumstances, the user may be permanently barred from using BULB.

 

 

How Does The Appeal System Work?

We believe in second chances, and you have the right to appeal a report. When filing an appeal, you must provide enough evidence to overturn the initial decision.

 

To make a report appeal:

Make sure to issue the appeal within 7 days of the initial decision.

To file an appeal, you are required to state your reasons for why you would like to appeal.

A moderator who voted in the initial decision will not be able to participate in the appeal process to maintain the integrity and fairness of the BULB governance system. If the moderators vote in favour of the appeal, the consequences sustained from the report will be reverted.

 

How Does Refer-to-Earn Work?

In a nutshell, a referrer can earn 1,000 BULB Tokens for every new user that joins BULB. To refer your friends, you can go to the Refer & Share page, generate a unique referral link and get your friends to join via the link. From there, we will recognise that the new BULBer has joined via your link, and you will be rewarded with BULB Tokens after a successful referral.

 

To ensure all BULBers get a chance to refer their friends, each BULBer can refer up to 10 users per week. If your invite capacity is reached, you will need to wait until next week to start referring again.

 

 

How Does Share-to-Earn Work?

You can earn by generating a unique link to an article that you like, and share on any channel that you would like. For every unique visit via your link, you will earn 10% of a Sharer BULBmoji, which is worth 25 points each. At the same time, the author of the original post will earn exactly the amount of points the sharer earns. We believe that both the creator and sharer should be equally rewarded when it comes to Share-to-Earn, as without the creator there will be no article to share, and without the sharer, the article would never gain the exposure it deserves.

 

Note: The maximum number of Sharer BULBmojis that can be earned via each unique link will be capped at 10, to ensure the BULB leaderboard remains competitive, and no single user is too OP...

 

How Does Share-to-Earn Points Calculation Work?

The basic formula for calculating the points earned from sharing an article link is:

 

Total Points Earned = 0.1 Sharer BULBmoji x Number of Unique Visit x Adjustment Value

 

Where Adjustment Value based on the quality of the blog:

 

Percentile Tag Adjustment Value

Top 5% Brilliant 1

Top 5% to 25% Excellent 0.75

Top 25% to 100% Good, Alright, Improving 0.5

For example, if a user shares an excellent blog, and gets 7 unique visits via the article link, both the author of the post and the sharer will get:

 

2.5 Sharer BULBmoji Points x 7 Unique Visits x 0.75 Article Adjustment Value = 13.125 BULBmoji Points

 

We believe that all blogs shared should be rewarded, and therefore, any unique visits to any blog shall earn points. However, that being said, we intentionally designed a tiering system, as we would want to incentivise users to share the highest quality blogs to create a positive reinforcing cycle on BULB, where quality and creativity are fairly rewarded.

 

Tip: The reader should stay on the page for at least 30 seconds or else it won’t be recognised as a unique visit

Note: The maximum number of Sharer BULBmojis that can be earned via each unique link will be capped at 10, to ensure the BULB leaderboard remains competitive, and no single user is too OP...

 

How Does Share-to-Earn Points Calculation Work?

The basic formula for calculating the points earned from sharing an article link is:

 

Total Points Earned = 0.1 Sharer BULBmoji x Number of Unique Visit x Adjustment Value

 

Where Adjustment Value based on the quality of the blog:

 

Percentile Tag Adjustment Value

Top 5% Brilliant 1

Top 5% to 25% Excellent 0.75

Top 25% to 100% Good, Alright, Improving 0.5

For example, if a user shares an excellent blog, and gets 7 unique visits via the article link, both the author of the post and the sharer will get:

 

2.5 Sharer BULBmoji Points x 7 Unique Visits x 0.75 Article Adjustment Value = 13.125 BULBmoji Points

 

We believe that all blogs shared should be rewarded, and therefore, any unique visits to any blog shall earn points. However, that being said, we intentionally designed a tiering system, as we would want to incentivise users to share the highest quality blogs to create a positive reinforcing cycle on BULB, where quality and creativity are fairly rewarded.

 

Tip: The reader should stay on the page for at least 30 seconds or else it won’t be recognised as a unique visit!

 

 

How Do Weekly Challenges Work?

You can now earn one-off weekly rewards for completing simple action tasks. To earn even more rewards, you can get on a ‘streak’ by completing these tasks every week, which will add 1 to the weekly reward multiplier for each consecutive week, starting at 1x. But the multiplier will drop to 1x if the user misses a week!

 

Key weekly tasks are:

Action |Count Per Week Weekly Rewards

React |5 Reacts |5 BULB Points

Read |5 Reads |5 BULB Points

Share |3 Unique Views |10 BULB Points

Comment |5 Comments |15 BULB Points

Write 1 Blog Post with a Score of Great or Above 20 BULB Points

Refer 1 Referral Upon Sign Up 30 BULB Points

Complete all challenges 6 challenges 30 BULB Points

For example, if the user has written a blog every week for 3 weeks consecutively, the user will get 60 additional points (20 Points x 3x Multiplier) added to the BULB leaderboard, which effectively increases the user’s token rewards.

 

We know that there are a ton of dedicated BULBers, and thus we want to reward you for your consistency and contribution to BULB!

 

Note: The weekly reward multiplier is capped at 10x. Also, streaks from each action stream are independent of each other; for example, losing a streak in comments will not affect the streak earned in read, react, write, refer, share or complete all challenges.

 

What Usernames Can I Claim?

Your username must adhere to these rules:

Your username must be between 3-30 characters.

Your username cannot contain an at (@), a hashtag (#), round brackets ((,)), square brackets ([,]), curly brackets ({,}), or angle brackets (<,>).

Your username cannot contain the words "BULB" or "Admin".

BULB TOKENOMICS

There is a maximum supply of 1 Billion BULB Tokens. 10% of the total supply, or 100 Million tokens will be issued at the beginning, the remaining being locked up in a token vesting program for scheduled release.

 

How Do I Use BULB Tokens?

Purchase premium articles to gain access to high-quality premium articles written by BULB's top writers.

Purchase and use tradables such as BULB energy.

Purchase boost posts to maximise engagement and increase your points.

In the near future, BULB Tokens will be able to be used to:

Create an NFT for your article on the Solana Blockchain.

Purchase BULBmoji NFTs to help you earn more points and accelerate your earnings.

Obtain the top recommended spots to feature your article.

Custom features for purchase can be added to your profile.

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