Earnings through leaderboards

There are 3 ways to acquire $RATE:

• Buy on a CEX or DEX

• Sell your Bohemian(s) on the mobile marketplace

• Rank high enough on leaderboards

For every check-in, review and other valuable action within the weRate ecosystem you earn both Credits and WPs (Wisdom Points).

WPs not only add to your overall credibility/social status of your account (Wisdom), but also count for your ranking on all leaderboards you qualify for!

There are 4 types of leaderboards:

• Main: these will continuously run and everybody can join them at every moment in time. Pre-TGE this is the beta leaderboard, and post-TGE there will be 3 sets:

  • Weekly

  • Monthly

  • Yearly

• Geographical: based on your residency which you fill in while making an account. Depending on the number of reviewers in your region these can be on the scale of a city, province, country, region, and continent

• Thematical: based on your invite code or membership of a certain community, you can join these leaderboards that are invite-only and specially made for your gang(s)

• Pop-up: depending on time of year, certain events, marketing efforts or other causes we will open separate leaderboards with specific topics or challenges

Depending on the type of leaderboard, your ranking is assessed at a certain point in time. Depending on your ranking, you will be allocated a certain amount of $RATE from the reward pool.

Allocations will always be transparant and communicated freauently to the community. Adjustments can be made in consensus with the Foundation.