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Rewarding $MATIC: Polygon accepts Social MiningIn the realm of decentralized autonomous organizations (DAOs), collaboration breeds success, like the partnership between DAO Labs and Polygon giving birth to Polygon HUB. The HUB stands as a testament to the potential of Social Mining to elevate blockchain projects, and after a year and a half of operations, the results speak volumes. As of its 18th month of operations, Polygon Hub has achieved remarkable milestones, showcasing its impact and influence within the crypto community: Platform Us

Rewarding $MATIC: Polygon accepts Social Mining

In the realm of decentralized autonomous organizations (DAOs), collaboration breeds success, like the partnership between DAO Labs and Polygon giving birth to Polygon HUB. The HUB stands as a testament to the potential of Social Mining to elevate blockchain projects, and after a year and a half of operations, the results speak volumes.

As of its 18th month of operations, Polygon Hub has achieved remarkable milestones, showcasing its impact and influence within the crypto community:
Platform Us
great post!
great post!
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Analyzing $EGLD by MultiversX: A High-Throughput Blockchain for the Future
Choosing a responsible and potentially rewarding investment in the crypto space can be challenging. With a focus on financial safety and technological promise, #MultiversX (formerly Elrond) and its native token eGold ($EGLD ) stand out. This high-throughput blockchain aims to support the burgeoning metaverse with unparalleled transaction speeds and innovative features.
Inspiration for Picking MultiversX ($EGLD)
MultiversX distinguishes itself with its technological advancements and robust ecosystem. In its early years, #DaoLabs played a crucial role in its development. With an aim to deliver 1000x throughput compared to existing blockchains, MultiversX positions itself as a key player in managing massive user adoption, essential for the metaverse and beyond. Elrond (now MultiversX) grew significantly through the input of #SocialMining , gaining substantial support from its community.
Origins and Product Technology
MultiversX was founded to address the scalability issues plaguing many blockchains. The network's innovative technologies include:
Adaptive State Sharding: This allows real-time adjustment of the network capacity, providing a flexible and efficient blockchain infrastructure.Secure Proof of Stake (SPoS): A consensus mechanism that enhances security and efficiency by rotating validators and maintaining decentralization.Elrond VM (EVM): A dedicated smart contract execution engine that supports multiple programming languages, increasing accessibility for developers.
These features collectively enable MultiversX to offer high throughput, low latency, and minimal fees, making it a versatile platform for various applications.
Background: Story and Team
MultiversX was founded by Beniamin Mincu, Lucian Mincu, and Lucian Todea. The team brings together experts in blockchain, security, and business. Their vision is to create a high-speed, secure blockchain that can handle real-world applications and user demand. The transition from Elrond to MultiversX reflects their broader ambition to support the metaverse and advanced digital ecosystems.
Purpose of the Coin's Use
$EGLD serves multiple critical functions within the MultiversX ecosystem:
Staking: Users can stake $EGLD to support network security and earn rewards.Governance: Token holders can participate in the governance process, influencing the future direction of the network.Transactions: $EGLD is used to pay for transactions and smart contract executions.Validator Rewards: Validators receive $EGLD for maintaining the network.
Relevance
Market Cap and Valuation:
Market Cap: $781,658,617Fully Diluted Valuation (FDV): $781,806,977
Circulating Supply:
27 Million EGLD tokens
Price Performance:
All-Time High: $545.64 (November 23, 2021)All-Time Low: $6.51 (October 7, 2020)Recent Price: Significantly higher than the all-time low, indicating substantial growth
Recent Listings:
Recently listed on Bit2Me, the largest exchange in Latin America
Recent Updates:
Sharding technology update to enhance scalability and performance$110K trading competition on BinanceTR, highlighting community support initiatives
Conclusion
MultiversX and its native token $EGLD present a compelling investment opportunity. With advanced technology, a dedicated team, and strong market fit, MultiversX is well-equipped to support the future of digital ecosystems and the metaverse. As always, potential investors should conduct their due diligence and consider the risks involved.
Nice!
Nice!
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Akahilz Academy
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$1.2M Up For Grabs! Binance World Championship 🏆 Spot Trading (Limited Offer 😲)
This is your last chance to join the Binance World Championship Spot Trading Tournament 🏆📈📉
Only 3 Days Remaining!

Calling all crypto traders! 🗣️
Don't miss your chance to participate in the Binance World Championship 2024 Spot Trading Tournament, where you can win a share of the $1.2M USDC tokens. Registration is still open, and there's only 3 days left to join.

Become a Kava Pro 🔺🔻
Trade KAVA/BTC and #KAVA/USDT spot pairs to demonstrate your skills and pride in the $KAVA community. Are you the next Magnus Carlsen of crypto trading? Prove it in the 2024 Binance World Championship!

Competition Details 📜
- Earn your share of the 1.2M USDC vouchers by climbing the spot trading leaderboard by volume.
- Outperform your friends to double the rewards.
- If 30,000 competitors register, bonus rewards will be unlocked for all participants.

Eligibility Criteria 💡
- Trade at least $500 USD equivalent in KAVA/BTC and KAVA/USDT spot pairs to be eligible for the promotion.
- Visit the Binance registration page for full details. (See Announcements 📰)

Time is Running Out!

Summary 🎓
With only 3 days left, don't miss your chance to showcase your trading skills. Register today and compete to win!
Join Now: See Spot Trading Activity Section and Register!!! 📈📉

Don't miss this opportunity to prove your trading prowess and win big! Register now and show the world what you're made of!

Share your thoughts below 💭
Like and share this post too ❤️
Follow for more #KAVA updates🙏🏼

Disclaimer 🚦
This article is for educational purposes only and not a financial advice. Please, do well to always do your own research, as crypto trading comes with risk.
Moreso, this guide is brought to you by #Akahilz 🎓.
Courtesy of #DAOLABS #SocialMining 🫧 !
Proud Pinoy miner
Proud Pinoy miner
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DAO Labs
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Pinoy Teacher Finds Success with DAOLabs Social Mining
🌍🌏🌎Our lovely planet, this "big blue marble" is unfortunately home to many people struggling to make ends meet, unable to pay their bills, and delaying their needs because of poor economic management or scarce resources, in many countries on many continents.

🇵🇭The Philippines is one of those lands where economic woes are the norm and Caren, a Pinoy, is no different.

👩‍🎓👩‍💻👼She works as a teacher at night while taking care of her home and baby during the day. Yet, she still struggles to pay her bills.

🤩One day, on a Facebook page, she saw messages from Philippines team about . When she first read it, she initially did not lend it credence, but still gave it go and wrote a message to the community. That's how she got her introduction to Social Mining.

✍️👩‍🎨Thank s to her academic prowess, it is not hard for Caicay to pick up Social Mining content creation skills. However, she is making an effort to develop more artistic skills and aspects that require training, such as producing images and designing videos.

👨‍👨‍👧 ✍️👩‍💻Today, after spending her day with housework and taking care of her baby, at night she easily engages with project tasks for DAO Labs  Social Mining Hub , as well as , ,
  and Hubs.

🪙She has a side-hustle that allows her to pay her bills and take care of her needs by organizing her time a bit more efficiently to make time for crafting her tweets and retweeting.
This strong and talented Filipina woman became a DAOVERSE Hub member on April 29th.

🤩She is one of the newest members of our platform. She understands and continues her work. To start with, she has earned a reward of 129 $USDT for her work.
😉Pretty good, right?

🌷Caren has proven that she can be a teacher to her smart and talented countryfolk affected by the economic hardships in her country.
🚩And as the number of social miners in the #Philippines grows, she has become a pioneer on a mission to support 🇵🇭her country's economy.

You can read Caren's full story here: https://www.daolabs.com/posts/caren-castolos-take-on-teaching-motherhood-and-social-mining

🧿Good luck Caren!  💥full steam ahead!
Another one! Lets bring it down!
Another one! Lets bring it down!
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DAO Labs
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The Kinetix Airdrop Procedure: An Explainer
Hello, #DAOLabs ' $KAVA #SocialMining Hubbers! By now, you’re surely familiar with the buzz surrounding Kinetix Finance, the game-changer in DeFi and a standout in the #Kava ecosystem. This cutting-edge platform is making waves with its trader-friendly features designed to give users a significant advantage in the crypto trading arena. And now, it’s airdrop time for Kinetix Finance, and we’re excited to invite you to help spread the word.

Kinetix Finance’s airdrop presents a fantastic opportunity for the Kava community to get involved and share this exciting news. Your task is to create an engaging and informative Maxy Post or an X Thread that explains the airdrop procedure in a way that’s entertaining, easy to understand, and crystal clear.

First, let’s break down the airdrop procedure itself. Participants need to understand the steps involved, the requirements, and the eligibility criteria. This information is crucial as it guides users on how to take part in the airdrop effectively. Highlighting each step in a straightforward manner will ensure that even those new to the concept can follow along and participate without any confusion.

Next, delve into what makes participating in the airdrop so appealing. Focus on the benefits and potential rewards that participants can gain. By showcasing these appealing aspects, you’ll capture the interest of your audience and motivate them to get involved. This is where your creativity comes into play—craft your explanation to be not just informative but also engaging and persuasive.

Additionally, providing a quick guide on the airdrop procedure can serve as a handy reference for users. This guide should be concise yet comprehensive, offering a step-by-step overview that readers can easily follow. Think of it as a quick-start guide that simplifies the entire process, making it accessible to everyone.

To make your post even more effective, consider using visuals. Visual aids can greatly enhance the clarity of your explanation and boost engagement. Use only materials from Kava and Kinetix official sources to ensure accuracy and consistency in your presentation. Visuals can help break down complex information into more digestible parts, making your post more appealing and easier to understand.

Participants will receive 50 points for submitting a valid Maxy Post or X Thread. However, the top 5 submissions with the most engagement and the most creative use of visuals will earn up to 1000 points and a 0.1 reputation boost.

Get ready to dive into the world of Kinetix Finance, create engaging content, and earn points and a reputation boost while spreading the word about this exciting airdrop! This is your chance to showcase your creativity and help others benefit from the opportunities Kinetix Finance offers.
Go for it $KAVA Fanboys!
Go for it $KAVA Fanboys!
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Engage with Houdini Swap: Post and Meme!
Hello, ' Kava Hubbers! Today marks a significant milestone as we welcome Houdini Swap to the prestigious ecosystem. Houdini Swap revolutionizes cross-chain functionality by enabling seamless swaps and transfers of cryptocurrencies such as , , and between the Kava Chain and other networks.

To celebrate this integration, we invite you to participate in a professional and rewarding task that highlights your creativity and engagement.

First, create an X post about Houdini Swap. Explain what Houdini Swap is and how it benefits the Kava ecosystem. If you don't have a blue tick, consider making a thread of at least three posts to ensure comprehensive coverage.

Ensure your post is both creative and informative. Additionally, attach a funny meme to your X post. The meme should humorously illustrate the advantages of using Houdini Swap on the Kava Chain.

There are exciting rewards for your efforts. The top five most engaging and funniest meme posts can earn up to 800 points and a 0.05 reputation boost. Even valid posts can earn you up to 50 points, depending on the level of engagement they generate.

Finally, don't forget to share the link to your X post that includes your meme about Houdini Swap. This step is crucial for tracking participation and ensuring you receive the appropriate rewards.

Get ready to dive into the world of Houdini Swap, showcase your creativity, and earn points and a reputation boost in the process!
Who values community the most? Yeah, you read it right. #SocialMining is the key
Who values community the most? Yeah, you read it right. #SocialMining is the key
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DAO Labs
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What FIT21 Means for the Future of Decentralization
On May 22, 2024, the U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21), a new bipartisan framework for the digital asset ecosystem. This act establishes federal requirements for digital asset markets and clarifies what constitutes ‘decentralization’ in blockchain technology.

The Five-Prong Decentralization Test
FIT21 introduces a 'five-prong decentralization test' to determine if a blockchain can be considered decentralized. Here’s what the test entails:

1. No Bosses: Over the past year, no single person or group should control the blockchain or its governance. The blockchain must be permissionless, allowing anyone to use, earn, or transfer digital tokens, create apps, participate in governance, and operate nodes or servers without restrictions.

2. No Big Owners: No individual or group should own or control more than 20% of tokens or governance votes in the past year.

3. No Major Changes Without Users' Agreement: In the past three months, the blockchain's code must have remained stable unless changes were made for bug fixes, security improvements, regular maintenance, or community-approved updates.

4. No Investment Pitch: Tokens must not have been promoted to the public as a profit-earning opportunity in the past three months. This includes avoiding promotions paid to influencers.

5. Tokens Created Fairly: Over the past year, all new tokens must be created by users through smart contracts, not artificially minted by the issuer.

FIT21's comprehensive approach to defining decentralization ensures that blockchains maintain integrity and openness. The act promotes a genuinely decentralised ecosystem by preventing single entities from exerting undue influence. This fosters innovation, inclusivity, and trust among users, aligning with the core principles envisioned by blockchain pioneers like Satoshi Nakamoto.

The 5 principles described above are the basic principles that always considers in its work.  It is gratifying that the Blockchain Foundation and support the law.  FIT 21 contains basic definitions that will be considered the beginning of regulations related to crypto assets.
Bear Market? #DAOLabs : hold my beer 🍺
Bear Market?

#DAOLabs : hold my beer 🍺
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Bear Market Brings Joy to Social Miners: A Personal Success Story
Over the last week, cryptocurrency prices have fallen for dozens of reasons, such as profit realisations, low expectations, and the summer recession in the crypto market. There are dull days ahead for cryptocurrency enthusiasts. So, have the falling cryptocurrency prices affected the miners who have gained $MATIC , $AVAX , $KAVA , #WAX , and #TON by participating in @DAO Labs ' #SocialMining activities?

Of course, they were impressed too!

With the points they have obtained from awareness activities, they can now swap almost 2 times more tokens!

Please, the token holders, don't be mad at me.
However, social miners can make more profitable swaps during such down periods because they mine tokens with their labor.

If you ask veteran social miners, they can tell many fireside stories about the excellent bear season earnings!

I want to show you the proof of what I have written.
Today, I have 3264 points on @Polygon Hub.

I also had 3200 points last December, and I converted my points to MATIC tokens at the marketplace. Then, MATIC price was $0.90, and I was able to get 35 MATIC with my 3200 points.
Today, I'm also converting MATIC of 3200 points.
Look, you can see it below. I was able to get 55 MATICs with my 3200 points.

I will soon have another 55 MATIC coins in my wallet. It was a good trade. Right?
Amazing journey Carl! You ROCK!
Amazing journey Carl! You ROCK!
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jclvll
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From Concept to Finalist: My Journey in the Super #SmashMiner Melee

As a participant in the Super Smash Miner Melee, I am honored to share my journey to the top of this competition. Here is a log of my contributions, detailing each task, its execution, and the impact that secured my position among the Top-4 Social Miners.

Task 1: Telegram Sticker Set Creation,
Create a Telegram sticker set for
#TheDAOLabs or other blockchain #SocialMining communities.

I designed a vibrant Telegram sticker set for the @DAOLabs community, incorporating relevant themes and humor. I used official graphics and adhered to the community’s color palette. The sticker set was well-received, fostering greater interaction within the community.

Sticker Set Link: t.me/addstickers/JclvllsPanda

Task 2: Article Writing. Write an article about "Social Mining can make a difference!" and publish it on Medium.

I authored "Unlocking the Power of #SocialMining," exploring its transformative potential. The article outlined the concept, operational mechanics, and benefits. The article garnered significant attention, highlighting my ability to communicate complex ideas.

Article Link: medium.com/@lavillabitoy/how-social-mining-can-revolutionize-the-crypto-world-49d9868382d5

Task 3: Infographic Creation. Create an infographic on a relevant news event for WAX, focusing on security guidelines.

I designed an infographic detailing essential security guidelines for setting up on @WAX_io. It covered password creation, two-factor authentication (2FA), cold wallets, and phishing prevention. It also highlighted WAX's new Multi-Chain NFT & Token Bridge.
The infographic was shared widely for its clarity and practical value.

Infographic Link: https://x.com/jclvll/status/1800515913294430340?s=46

Reflecting on my journey through the Super #SmashMiner Melee, I am proud of the efforts that have culminated in my standing among the Top-4 Social Miners. Each task has been an opportunity to demonstrate my skills in design, content creation, and community engagement.
A great story. #SocialMining is a mom's friend indeed. The new work from home of the 21st century is here! Powered by #DAOLabs 🔥
A great story. #SocialMining is a mom's friend indeed. The new work from home of the 21st century is here! Powered by #DAOLabs 🔥
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Victoria Flores: A Beacon of Passion in DAOVERSE
This article was inspired by the story of SMOTH's latest guest, Victoria Flores.

DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.

Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.

Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.

For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.

https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining

If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...

https://t.me/DaoLabs
Want to know more about Polygon's Agglayer? then check this out! Powered by DAO Labs 🔥
Want to know more about Polygon's Agglayer? then check this out! Powered by DAO Labs 🔥
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DAO Labs
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About Polygon Agglayer's
When #DAOLabs ' social miners are asked about their stories of getting started in mining, you hear unique stories from people from all continents of the world, from many different racial, religious and linguistic groups, who grew up in different cultures.

But when asked about the experience of social mining, almost everyone gives the same answers.
- #SocialMining HUBs are like schools!
- I had never used photoshop or any editing techniques before
- I've never created an infographic before,
- I didn't know what a white paper was.
- I used to choose the coins I invested in based on the ads or trading communities I came across on social media.
- I didn't know how to verify/doxx project teams, product updates and roadmap and I wasn't interested.

When you really get involved in the community of a project, you start collecting information about everything you can think of about that project. Because the core team of the project commits to reward you if you create awareness for them on your social media. You will also get access to inside knowledge shared between ambassadors and heavy hitters.

Then you start producing content for the project. DAO Labs administrators and project admins prepare tasks for you to share on Polygon HUB ( Some HUBs like WAX HUB and AVAX HUB are autonomous. )

After you complete the requirements of the task and send it in for submission.

When you buy $MATIC on any crypto exchange, you only act on the probability that the price of MATIC will rise. It is 100% speculation.

As a social miner, on the other hand, you know first about product updates. Such as:

Aggregated, or AggLayer, the latest technological evolution of blockchain that Polygon zkEVM announced in May.

- On @Polygon Hub you can find "The Concept of Aggregated Blockchain" task published on April 25th

#PolygonHub uses the article https://polygon.teknoloji/blog/the-beginners-guide-to-aggregated-blockchains published by Polygon developers on the blog and issued great infographics for agglayer to make it easier for their followers to understand what it is about.

- In the new task released today, you will first read the following article: https://polygon.technology/blog/introducing-the-pessimistic-proof-for-the-agglayer-zk-security-for-cross-chain-interoperability - Learn about the pessimism proof for agglayer and share your thoughts about it with your followers and friends on Polygon HUB using a funny meme.

In this case, a Polygon Hub social miner can make a much more informed decision about the future of the MATIC coin. Staying at the pulse of things, following the close communication with the Polygon team, they are equipped with the knowledge of how to research unfamiliar projects.

Are you a crypto enthusiast who likes making memes?
Why not follow the project's development closely and make money while having fun at the same time?
https://community.polygon.technology/task/pessimistic-proofs-advancing-security-on-agglayer/
Bullish on Avalanche Hub. Thanks DAO Labs Social Mining 🙏👏
Bullish on Avalanche Hub. Thanks DAO Labs Social Mining 🙏👏
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Nipek
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Believing in the Power of Avalanche
An avalanche is a fascinating natural phenomenon characterised by the rapid movement of snowballs down a steep slope.
Interestingly, this concept finds a metaphorical echo in social mining studies, especially in blockchain ecosystems.

Social mining HUBs can most meaningfully generate the synergy needed for a blockchain project to promote itself, make people believe in it, and, more importantly, be sustainable.

We call this the "magic" of social mining. Once a project HUB is established, social miners can generate huge benefits from collective action in a project hub, just as snowballs can create an "avalanche" from the collective dynamics of the terrain. In the right conditions, the intimate and small-scale contribution and interaction of a Social Miner can turn into a giant community avalanche, and the project can shine as if giant spotlights were shining on it.

In 2018, the technology company Ava Labs in New York, USA, introduced a layer1 blockchain to the blockchain technology world as an alternative to classic consensus protocols.

They named their project "Avalanche", inspired by the three-stage consensus protocols (Snowflake, Snowball and Avalanche.)

The #AvalancheAVAX #AvalancheAVAXproject, which is now in the top 10 of the blockchain world, has benefited from the positive energy of the #AvalancheHub, #AvalancheHub, one of DAO Labs' most active social mining HUBs, since its testnet in 2020.

DAO Labs' Social Mining efforts represent a new approach to community management and the promotion of community work.

At #TheDAOLabs #TheDAOLabsSocial Miners come together in the Hubs of Projects. Community members, who form the core of the project community, are encouraged to produce content supporting the social mining platform's DAO, thus raising awareness of the project. These community activities empower social miners to actively participate in ecosystem growth and development and foster a sense of ownership and belonging in the hub.

HUB members are rewarded for their contributions with native tokens or other digital assets.

This symbiotic relationship between contributions and rewards underpins a thriving token economy where the value of tokens is derived from the collective efforts and contributions of the community. 

DAO Labs, a social mining platform, recognises the valuable contributions of community members through a transparent and meritocratic mechanism. Reputation points generated by community loyalty and valuable content incentivize social miners to create higher-quality content. The benefit of all these incentives goes far beyond short-term awareness-raising and plays a critical role in the long-term sustainability of the project ecosystem.

Of course, a project's community hub is not only made up of content creators; participants come from all walks of the blockchain space, including developers, web designers, graphic designers, blockchain enthusiasts, traders, business developers, holders, and influencers.

Within this community, everyone contributes their talent or skill to the project's value, locked in a common goal.

Some produce content and spread it on social media to help the project gain broader exposure in the blockchain space and reach investors.

Some contribute to network security through delegation by staking the project token or running nodes.

Projects with active Social Mining HUBs almost guarantee sustainability during bear seasons or slow periods through community power.

The Avalanche Hub is one of the most advanced examples of Project HUBs that combine project communities with DAO Labs social miners. 

Inspiring my article title, "Avalanche" is a high-performance layer1 blockchain project coded for the development of decentralised applications (dApps)

This unique consensus protocol ensures the network is fast, reliable and scalable. The Avalanche blockchain offers flexible usage possibilities with its subnets and has taken its rightful place in the blockchain technology field with its mainnet.

DAO Labs social miners discovered this high-performance blockchain project in early 2020 when it was still in the testnet phase. Today, they are the first community members of the Avalanche HUB, home to one of the most influential communities in the blockchain space.

If we look at the values produced by Avalanche HUB, which has been growing continuously for more than four years, as of April 2024, 28,000 registered HUB members have completed nearly 8,000 team tasks to date. Avalanche HUB continues to spread the Avalanche ecosystem with 2,200 daily active social miners on Telegram, Twitter and Reddit.

The numbers generated by Avalanche HUB on X are also very striking. 6734 Avalanche HUB member users with more than 1 million engagements generated more than 54.5 million impressions.

The breakdown of Avalanche Hub's community members by country, blockchain skills, and professional skills is also remarkable.

The infographic above outlines one of the most influential aspects of the Avalanche HUB. During the testing of the Avalanche network in 2020, social miners tested their technical knowledge and skills as validators. 

Social Mining HUBs allow you to go beyond your existing skills. They are like multi-program schools.

The average social miner uses Canva and Photoshop, learns grammar and English spelling, and learns how to install and run many programs on their PC. They develop the PC skills required by blockchain technology.

If you search for what distinguishes the Avalanche project from other layer 1 projects, in addition to its technical superiority, you will definitely see the influential community among its features. This is realised through DAO Labs' social mining. 

Avalanche Hub has a reward mechanism that incentivises effective user engagement. For example, community members with Project tokens can contribute to the network's security by staking and receiving rewards. 

Developers or web designers provide technical support by checking for bugs or participating in testnets when needed. Business developers seek collaborations and partnerships that will benefit the project's expansion. 

Social miners can earn rewards for sharing developments in the ecosystem on social media. REP points incentivise those who perform quality tasks.

Here is the joyful, sincere content produced by Avalanche HUB social miners in all their sincerity.

Check out how Avalanche HUB members show loyalty to their project on their X profiles.

Everyone is wearing their Avalanche hat. 

You can find hundreds of such products on the Avalanche's official Twitter page.

Let's summarise how the collaboration between DAO Labs Social Mining and the Avalanche AVAX project created an "AVALANCHE":

The most important result achieved with establishing the Avalanche HUB is undoubtedly the adoption and awareness of the Avalanche project. By encouraging HUB members to create and share content about Avalanche's technology, use cases, and ecosystem developments, the HUB has increased the project's reach and visibility in the broader blockchain community. This increased awareness has attracted new users, developers, and investors to the Avalanche ecosystem, accelerating its growth and adoption.

The Avalanche HUB has created a fertile ground for innovation and collaboration within the Avalanche ecosystem. The social mining platform catalysed creative experimentation, idea sharing and collaborative problem-solving by bringing together a diverse community of developers, entrepreneurs and enthusiasts. This collaborative ethos has led to new DeFi protocols, decentralised applications, and ecosystem integrations, making the Avalanche ecosystem a giant and propelling it towards its vision of becoming a leading blockchain platform.

Conclusion: 

Blockchain technology has brought the financial and technological world its latest revolution with the potential to provide a decentralised and trusted structure.

However, like any revolution, it has come with many issues that need to be completed and processed.

In addition to ensuring the continuous technological development of blockchain projects, we also need to make progress on the issue of mass adoption.

From this perspective, the real solution to the 2 major handicaps of blockchain projects and cryptocurrency - volatility and sustainability - lies in large, informed and loyal holder communities. Social Mining has always played and will continue to play a critical role in creating these communities. 

As one of the first social miners of Avalanche HUB, I would like to express my deep gratitude to the founding leader of the Avalanche $AVAX project, esteemed professor Emin Gün Sirer and the AVA Lab Core team, who designed this excellent network project of which I am proud to be a citizen. Avalanche HUB was our baby; in these four years, it has grown into a giant adult ecosystem HUB. And, of course, I would like to pay my respects to the 2 managers, dear Giuseppe and Yusuf Emre, who have worked with incredible dedication since the day Avalanche HUB opened.

N.ipek Celik  DYOR
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