XSI Review 2020 & New Reward Structure 2021
During 2020, the Blockzero Social Initiative grew from a simple idea to becoming a community think tank. Below, you will find some interesting facts from its first year.
We’re introducing some new rules and an updated reward structure to further improve the program.
Looking Back - Some Facts & Milestones (2020)
start of the XSI leaderboard with monthly runtime periods resetting on each 15th
August & September 2020
highest monthly payouts to single Citizens with up to over $6000 USD per person
highest monthly total payout with over $38,000 USD to more than 70 Citizens
changes to the grading system and reward structure to achieve more reliable and valid results and limit the possible maximum earning per citizen to $1000 / month
the leaderboard runtime was changed to resetting each end of month instead of on the 15th
introduce new reward structure (see below)
SMS Insider (Jan.-Aug. 2020)
For providing additional contact information, the SMS Insider offered an additional 1% monthly interest on all XIO holdings in a registered ethereum address.
After community feedback, this program was cancelled in August 2020. Almost $30,000 USD worth of XIO had been paid out.
|№ citizens||total XIO paid||@XIO price||øUSD /citizen||total payout USD|
XSI General Rules (previous)
These are the rules that worked up to now. Some changes will be introduced further down.
- XIO credits can be earned by engaging in all eligible discussions over all different social platforms. Credits transform into actual XIO.
- Must be an XIO Citizen and have at least 250 XIO in your wallet for minimum 30 days.
- Official hashtags were: #XIOdebate, #XIOflash, #XIOfeedback, #XIOswot (see website).
- previously you could earn additional interest by reaching a top position in the leaderboard XIO tokens in connected wallet: Top10: 10%; Top25: 5%; Top100: 2.5%
- the monthly average of tokens in your wallet will be applied.
- Monthly payout was capped at $1000 USD worth of XIO per XID.
XSI Top Leaderboard Payouts 2020
- 333 Citizens took part
- 150 Citizens earned at least 30 credits
- top 50 earned 200 credits and above
- top 15 earned from 1000 all the way up to over 2500 credits
The following table shows the number of citizens actively taking part in the XSI program each month. It also shows how many citizens reached payouts of USD $500 and $1000, the total amount XIO paid each month, and the corresponding value in $USD (average and total).
The total number of active citizens has been ranging between 50 and 100. Of these, about 35 have been constantly and highly engaged, providing creative ideas, valuable feedback and insights. These most engaged citizens are a core pillar of the strategic development process at Blockzero Labs.
On top of that, there are numerous punctual contributors - adding everything from quick feedback to in- depth analysis.
Monthly Payouts In Detail (2020)
|№ citizens||№ citizens reaching $500 USD||№ citizens reaching $1000 cap||total XIO paid||@XIO price||øUSD /citizen||total payout USD|
|November (15 days)||78||0||15||39,463||0.3800||192.26||14,995.94|
New Rules & Reward Structure - Starting March 2021
XIO credits can be earned by engaging in all eligible discussions over all official social platforms. Credits transform into actual $XIO that will be included in the monthly distribution via the claims.app
- To participate, you must be an XIO Citizen.
- To participate citizens need a minimum of 250 XIO Month-To-Date Average ( “XIO” + “UniV2-XIO” + “FLASH-XIO”).
- The only official hashtag will be #XIOfeedback
- Citizens can earn up to 15 credits per active #XIOfeedback (45 credits on our forum).
- “Citizen’s Content” can be promoted by officially adding the #XIOfeedback.
The promoted citizen earns the maximum possible credits on that post. [45 credits on forum, 15 on all other platforms.]
In order to qualify for any leaderboard position, citizens will have to take part in at least three different credit earning discussions of which at least one must be on our forum (or earn at least 15 credits total).
All comments are manually graded. The following grading logic is applied.
|quality or value added||grading criteria||credits earned|
|zero / none||if the comment has no reference to the question asked, contains no reasoning, no example or is sheer repetition||0|
|average||if the comment contains some explanation giving at least one simple reason or example (also if referring to another comment asking for explanation or further detail)||3|
|high||if the comment contains detailed explanation giving at least two good reasons or examples||6|
|premium||if the comment answers the question or refers to another comment articulating multiple pros and cons||9|
|exraordinary||if the comment is a special contribution to the discussion e.g. by introducing an unique or controversial idea sparking further discussion, summing up previous statements in an extraordinarily comprehensive way, etc||15|
New Leaderboard Tiers & Rewards Structure
|TIER||Leaderboard||additional %||max individual USD||max total payout USD|
This results in a maximum monthly total of $21,750 USD (plus additional credits)
New Rules At A Glance
The leaderboard duration will always be for one complete month (1st - 31st). Leaderboard updates may take up to a week. Payouts occur on the 20th of the following month via xio.app/claim
50 leaderboard positions
By simply creating multiple XIDs people, could have easily gamed the system and reached low leaderboard positions that still earn them credits / percentages on their holdings.
The leaderboard will be limited to 50 ranks earning additional percentages. (Before, we had 100.)
Even though we encourage all team members to actively engage in discussions on this forum and on #XIOfeedback posts, we will exclude core-citizens from the leaderboard.
5 tier system
The leaderboard will have five different tiers with different individual caps and bonus percentages. (See above).
15 minimum credits to become eligible
Before, it was possible to reach a leaderboard position by providing only one single comment in a whole month and earn 2.5% that month on your XIO holdings.
Now, we require a minimum of 15 credits to enter yield earning positions the leaderboard.
Up to $1,500 USD maximum individual earnings cap
The possible maximum amount a citizen can earn depends on their leaderboard position. While reducing the overall cost of the program, the potential maximum earnings for the top ranking citizens has been raised to $1,500 USD (see details in the table above).
The above described changes reduce the potential maximum monthly cost for the program from over $100,000 USD to around $22,000 USD.
250 XIO MTD Avg minimum holdings to participate
To participate citizens need a minimum of 250 XIO Month-To-Date Average ( “XIO” + “UniV2-XIO” + “FLASH-XIO”).
Official Hashtag = #XIOfeedback
There is only one official hashtag: #XIOfeedback
Tagged posts are active for 5 days (if not stated otherwise).
Citizens’ posts can be promoted by officially attaching the #XIOfeedback hashtag to them. The promoted citizen automatically earns the maximum amount credits on this post. (45 for forum, 15 all other platforms).
We very much appreciate all core citizens’ mind mining activities – on this forum and across all social channels. To allow all other citizens to reach high ranks on the leaderboard all core citizens are excluded from this.
How to Find Active Campaigns
We are looking forward to your participation. We’ll see you atop the leaderboard!