Introducing the Blubird Community Treasury

Introducing the Blubird Community Treasury

Jul 29, 2024

Blubird Platform

5 minute read

We designed our Community Treasury to foster a vibrant and engaged community while ensuring the long-term sustainability and growth of our platform. At the heart of this ecosystem lies our Community Treasury, a crucial component that supports various activities and rewards users. In this article, we will explore how we fill our Community Treasury, how it rewards users, and the mechanics of staking and surveys that incentivize user participation.

How Our Community Treasury Gets Filled

The Community Treasury is funded through multiple streams within our platform, capturing value from various activities and user contributions. Here’s how we fill the treasury:

Purchases and Transactions:

  • Ad Placement: Users spend $BLU tokens to place advertisements on the platform.

  • Sponsored Spots: $BLU tokens to buy sponsored spots in the Early Bird Investment Window (EBIW), also known as the Gem Field.

  • Core Platform Discounts: Users stake $BLU tokens to avail discounts on our core platform’s services.

  • Staking: Users stake $BLU tokens to gain access to various benefits, contributing to the treasury.

Revenue Sharing:

  • Platform Sales: We direct 15% of our core platform sales revenue to the Community Treasury.

  • Marketplace Profits: We allocate 50% of the profits generated from our Bluebird marketplace to the treasury.

Asset Purchases:

  • We can acquire and add other assets to our Community Treasury, in addition to $BLU tokens, to diversify and strengthen its holdings.

How the Community Treasury gets filled

Quarterly Rewards from Our Community Treasury

To ensure continuous engagement and reward users for their contributions, our Community Treasury distributes 20% of its total holdings each quarter. Here’s how it works:

Treasury Assessment:

  • We assess the total value of our Community Treasury at the end of each quarter. This includes all $BLU tokens and other assets held within the treasury.

Distribution Calculation:

  • We earmark 20% of the total value for claimability among eligible users. This ensures a substantial and attractive reward pool for active participants.

Distribution to Stakers:

  • The payout claimable is proportionally based on the amount of $BLU tokens staked by each user and the number of stakers. This proportional distribution incentivizes users to stake more tokens and remain engaged with our platform.

Staking and Surveys: Earning Rewards and Providing Valuable Data

One unique aspect of our ecosystem is the integration of staking with surveys to gather valuable user insights while rewarding participants. Here’s how it works:

Staking to Qualify:

  • Users must stake a certain amount of $BLU tokens to qualify for participation in surveys. This staking mechanism not only secures their eligibility but also contributes to our Community Treasury.

Survey Participation:

  • Qualified users are eligible to complete simple surveys within 72 hours of the survey going live. These surveys gather valuable data on user preferences, behaviors, and feedback on various aspects of our platform.

Rewarding Survey Participants:

  • Upon completing the survey and after the survey period has closed, participants can claim their rewards proportional to their staked amount. This is a dual incentive, allowing users to earn rewards while contributing valuable data, ensuring active and meaningful participation.

Staking Payout Flow

Inclusivity and Access: Opening Doors for All

One of the standout features of our Community Treasury is its commitment to inclusivity, which ensures that virtually anyone, not just professional platform users, can get involved and benefit from the ecosystem. Here’s how we achieve this:

Democratizing Access to Rewards

We designed our platform to be accessible to a wide range of users, from retail users to experienced venture capitalists. This inclusive approach ensures that everyone has the opportunity to participate in and benefit from our Community Treasury:

Low Barrier to Entry:

  • We set the staking requirements to qualify for rewards and surveys at levels achievable for most users. This allows the majority of standard users to participate.

Diverse Participation Opportunities:

  • Whether you are a standard user or a professional investor, you can get involved in various ways. Standard users can stake $BLU tokens to pre-qualify for participation in surveys and earn rewards, while professional users can view private and seed rounds by staking.

Community Engagement:

  • By integrating surveys into the reward mechanism, we encourage users from all backgrounds to share their insights and feedback. This creates a sense of community and ensures that our platform evolves based on diverse perspectives.

Benefits Beyond Rewards

Our Community Treasury not only provides rewards but also fosters a sense of belonging and active participation within the Bluebird ecosystem:

Empowering Users:

  • By participating in staking and surveys, users contribute to the growth and development of the platform. Their feedback helps shape our future, making it an integral part of the ecosystem.

Educational Opportunities:

  • As users engage with our platform, they gain valuable insights into the world of digital assets, staking, and decentralization. This educational aspect empowers users to make informed decisions and grow their knowledge.

Community Building:

  • The inclusive nature of our Community Treasury fosters a strong sense of community. Users from various backgrounds can connect, share experiences, and support each other in their journey within our ecosystem.

Conclusion: A Platform for All

Our Community Treasury exemplifies our platform's dedication to inclusivity and accessibility. By lowering barriers to entry and offering diverse participation opportunities, we ensure that everyone can get involved and benefit from our ecosystem. Furthermore, this approach not only democratizes access to rewards but also builds a vibrant, engaged community that drives our platform's growth and success.

Keep up to date with the latest from Blubird by Joining our Telegram, Discord, and following our socials on X and LinkedIn

We can’t wait to

speak with you