Hi eli5defi here! been pretty interesting to see the direction of Reserve heading. While the initiative is commendable and has the potential to significantly boost the Reserve ecosystem’s visibility and engagement, there are several aspects that require further clarification and reconsideration.
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Intended Audience: The program seems to be designed for the broader community, including content creators and Reserve ecosystem participants. However, it is unclear whether the program is also intended for Key Opinion Leaders (KOLs) who could potentially have a significant impact on the project’s visibility. It would be beneficial to clarify this point and possibly consider a separate track or incentives for KOLs.
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Prize Pool Scale: The proposed 1,000,000 RSR prize pool might be sufficient for smaller accounts or individual contributors, but it may not be attractive enough for larger accounts or influencers who can reach a wider audience. It would be worth considering a tiered reward system that takes into account the reach and influence of the contributors.
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Targeting Larger Accounts: The program could benefit from specifically targeting larger accounts on Crypto Twitter (CT) to act as spokespersons for the project. These accounts often have a significant following and can help spread the word about the Reserve project more effectively.
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Tax Form Requirement: The requirement for winners to complete a tax form could be a potential dealbreaker, especially considering that many CT users prefer to remain anonymous. It would be helpful to explore alternative methods of reward disbursement that respect the privacy preferences of the community members.
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Low-Effort Content: The disqualification of “low-effort recycling of earlier content” is a bit vague. It would be beneficial to provide more specific guidelines on what constitutes low-effort content and the criteria for disqualification. This will ensure that the community members have a clear understanding of the expectations and can create content accordingly.