There are fewer than 5 days left until the first month of the @OpenledgerHQ x @cookiedotfun collaboration ends.
A total of $150k worth of $OPEN and $COOKIE will be distributed based on SNAPS.
This means participants can estimate their own rewards using a simple formula:
➜ Your reward = (Your SNAPS / Total SNAPS distributed) * $150k.
Alternatively, the average reward per SNAP is approximately $20.
This approach has its pros and cons:
+ Pros: Clear rewards motivate the community to advocate for their own SNAPS, rather than competing for an uncertain promise. Additionally, this strategy transforms users into holders, thereby strengthening the flywheel.
+ Cons: Users with fewer SNAPS may lack motivation.
Now we know the formular to success. The golden ticket is on your hands.
Here's how @OpenledgerHQ differentiates itself.
I conducted brief research on notable projects in the AI field and identified key differences:
+ Many projects focus on a specific niche within AI, such as @Fetch_ai, which targets AI infrastructure, or @SingularityNET, which offers an AI services marketplace.
➜ Openledger aims to build an economy around AI models - a more challenging but potentially larger market.
+ Other projects rely on staking to attract users and offer incentives.
➜ Openledger uses a contribution model where participants earn based on the frequency of their data usage.
With $OPEN on the horizon, I expect it could reach a FDV higher than FET's.
The reason: OpenLedger is gaining momentum from the InfoFi and AI eras, where the use of models is essential.
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