What rewards users earn on PUBLC?

We believe that the users are the foundation of any online platform, and while this is the case, in most existing search engines and social media platforms the users are only exploited to generate revenue for the platforms without them earning anything in return. PUBLC's vision is to reward its community of people that add value to the platform, as we believe that PUBLC users are part of creating this value and they should be rewarded for it.

On PUBLC users are allocated a portion of the tokens released to circulation, and therefore the portion of the platform's revenue. Those tokens are distributed amongst the users in proportion to the value each user has created on the platform.  

There are multiple ways you can earn rewards on PUBLC and they are grouped in two main categories: Activity Rewards & User Rewards. 

Activity Rewards 

These are Click Rewards that you can earn when you perform actions that add value to the platform and its community. The higher the success of these actions, the more you earn. Such actions include but are not limited to:

1. Categorizing content

When you categorize content (and it is approved) you earn 9% of the Click Reward for valid clicks generated on that content

2. Approving content (additional permission required) 

When you approve content that others categorized you earn 1% of the Click Rewards for valid clicks generated on the content you approved

3. Driving traffic from your user page

When your user page generates content clicks you earn 10% of the Click Reward since your page is the source of the click 

4. Being an Admin of a Topic page (additional permission required) 

When you are an admin of a topic page, you earn 2.5% of the Click Reward for all clicks coming from that topic page

Daily User Rewards 

This is what you earn for being part of the PUBLC ecosystem and adding value to it, it is proportionate to your total Reputation Points gained on the platform.

The User Rewards reflect your Reputation Points that is generally measured by your level of activity and how many actions you performed that added value to the platform. There are different ways that you can build your reputation on PUBLC ranging from the amount of days you were active on the platform to the amount of content categorizations. As the platform grows, there will be more actions that will improve (or harm) your user reputation. 

Note that it is not a 1:1 relationship between action and reward, instead, as users are more active, they create more value and therefore earn more Reputation Points. The more value you add to the platform, the more Reputation Points you gain and the more Reputation Points you gain, the higher your share of the User Rewards will be.

How User Rewards are calculated:

• Every valid click on PUBLC content distributes PUBLX tokens through the 'Click Reward' mechanism. Out of those 'Click Rewards' tokens 10% are distributed daily to all users that were active on that day.
  
  
• For each day that you are proactive on PUBLC you will be participating in the daily distribution of the User Rewards and receive a portion of those tokens based on the amount of Reputation Points you've accumulated since joining PUBLC.
  
  
  • • Your daily share is calculated by the following formula: 
      Your Daily User Reward Share =  Your Total Reputation Points / Total Reputation Points of all Daily Active Users
      
      
    • Your Daily User Reward = Total Daily Tokens Distributed to User Rewards * Your Daily User Reward Share
      
      For example: Let's say on a certain day there were 10,000,000 PUBLX tokens distributed to circulation through 'Click Rewards', this means that there will be 1,000,000 PUBLX distributed as User Rewards amongst all the users active that were active on that day.
      Now, let's say that until that day you have gained a total of 200 Reputation Points, and the total amount of Reputation Points gained by all active users on that day is 500,000 Reputation Points, then your share of the Users Rewards will be = 200/500,000 -> 0.04% and the amount of PUBLX tokens you would receive on that day is 1,000,000 PUBLX * 0.04% = 400 PUBLX. 

So what is the main difference between Activity Rewards and User Rewards?

On PUBLC we believe that value shouldn't just be measured by click generating performance but should also be measured by value created by the users. Below is an example of how the two different types of the rewards complement each other to create a more fair reward system and a strong community.  

Imaging that Alice is a user interested in Greek Philosophy and has brilliantly categorized 100 content items about Greek Philosophy. However, since it is not a particularly trending topic, there were only a few clicks on the content she categorized, which earned her few tokens from the 'Click Rewards'. 

In comparison, Bob who is a fan of a famous celebrity, categorized 1 content item about that celebrity and received 100,000 clicks on that content, earning Bob many tokens through 'Click Rewards'.

Even though Alice received only a few tokens through Click Rewards on the content she categorized, she actually added a lot of value to the platform as her activity might have significantly improved the Greek Philosophy page, and she will be rewarded for that by gaining more Reputation Points, and that in turn grants her a larger portion of the daily User Rewards than what Bob would earn.