Bond Points

Bond points may be earned organically or purchased in-app, and must be used to perform various actions due to the bonding mechanism; this entails putting up tokens as collateral to perform an action, which are promptly returned upon successful completion. In the case of poor performance or a negative action, bonded points are lost.

The below table shows the actions that require bonding, as well as how ‘success’ and ‘failure’ are defined.

There are other actions users may undertake within the ecosystem, such as completing or updating a profile, verifying credentials, inviting users to the network, participating in events or creating communities that gener- ate Bondex Points with no upfront bonding. These activities provide users with avenues to increase their reputation and Bondex Points in order to further add value to the ecosystem. These actions are the activities that do not bear meaningful consequences for other users should they be completed poorly, thus there is no reason to attach economic incentives for quality.

When users perform successful actions or reach certain milestones, badges are earned. These badges are used to calculate airdrop weightings for users

Note: the manner in which Bond Points behave and incentivize behaviors is liable to change subject to new or altered Apple and Google Store as well as legal regulations