I like the idea so far, something like this came up in the telegram group last week,
For the moment i dont have a token idea, I have a vague idea inspired by XIO but its not something tokenizable any time soon, Its more of a personal venture that could expand eventually mabye.
I like this idea of putting the idea out to the community for a new token. Its very much in line with the community feel at XIO. So i’m on board with this for sure.
I think the round structure , be it 4 ideas, 8, 16, should depend n the feedback, mabye theyre will be 8 really cool ideas all worth considering.
My initial thoughts on the reward would be, on the lower end of the scale, 1/2 000 usd in XIO. for the shell idea, but similarly to how we have credits here for social posting, people who add value in developing the ideas out along the way could also earn XIO for their contributions in developing ideas.
Mabye we will have two ideas for tokens that are promising, and could be merged together to make one super token!
In essence, at the early stage of the idea, i wouldnt make too rigid a structure for the competition. keep it light and changable, and dont overpromise rewards, I think people will get on board here and put the time and thought in regardless.