I was expecting a profit realization in #BTC but definitely not this week. Even $DOGE , $AVAX and $SUI took their share of the hard fall. What I'm happy about is that RWA, the first ILO of #DAOLabs has been very solid in this downturn. I think even users who invested in IDOs on Launchpad platforms were surprised by this, as I've touched on some of these issues in the articles I've published in recent months.
#SocialMining and the ILO system offer great opportunities for many users. But I think it has the capacity to offer much more in 2025 with even better features.
The launch of DAO Labs' first ILO, the $RWA token, was an impressive success, reinforcing the importance of Social Mining and providing participants with a new revenue model. However, as we approach 2025, it is even more important to set new goals for the development areas and potential of Social Mining. Below, I share some of my suggestions and wishes for the future of Social Mining.
The ILO model, while a great innovation, can be expanded so that more users can get involved and find roles that suit them. Example:
An experience supported by step-by-step guides and detailed role descriptions so that new participants can quickly and easily adapt to the system.
Combining the ILO and the Social Mining system into a single platform could provide an easier experience for users. For example, combining task management, reward earning and ILO participation into a single interface would make the processes more understandable and accessible for both new participants and existing users.
Although role selection was easy for us, it was difficult for new users. Because they did not know the appropriate role for them or what the roles among the options covered. For this reason, more simplified and general roles should be added to the options.
As soon as a user registers to the integrated system, he/she should be able to clearly see the tasks he/she will perform and the minimum amount of earnings or allocations he/she will receive. Especially Launchpad users want to see this clearly. In short, users who want to earn additional income or who want to increase their allocations for ILO should see their options clearly and make their own evaluations accordingly.
Reward Mechanisms: Existing reward systems are undoubtedly a great motivator for social mining. However, implementing more transparent and community-driven mechanisms can increase long-term engagement:
I think the current REP system needs to be more modernized, for example, participants' performance could be measured more precisely with effort-based scoring systems. For example, the duration of activity, the number of tasks done or the success graph etc... In other words, users should not only earn REP or quality points based on the quality of their send tasks. Additional conditions should be created to motivate them and keep them in the system longer. Maybe users who fulfill all these conditions could be eligible for additional allocations in ILO projects.
Or, leveling up in the current ranking system can be made more exciting. For example; achievement badges can be distributed to users on a weekly or monthly basis. Each badge earned can provide different advantages to the user. I think that such incentives can create a healthier competitive environment among users.
Technological Integration: 2025 is likely to be a year that will be characterized by greater adoption of Web3 technologies and artificial intelligence. For this reason, I think that integrating these technologies into social mining will be of particular importance.
For example, I think it will be possible to speed up some of the checks with AI assistants. This will ease the workload on verifiers and/or project teams, as well as provide faster access to the desired data.
Also, a system like #GitcoinPassport should be integrated into the system as soon as possible. This integration will also indicate that Social Mining and the ILO system will have a more real and transparent user profile in the future.
In conclusion, Social Mining is an innovative concept that represents the democratizing power of blockchain technology and when combined with the ILO, it becomes a mechanism that rewards users' labor in an even more concrete way. In addition, thanks to these integrations and developments that I propose, it can make it easier for not only experienced users but also new participants to get involved in the process faster.
