Idea Summary: A Discord tip bot is a free to use extension (tip.cc) that can be used to tip other Discord users with digital assets including BTC, ETH, and other ERC-20 tokens (https://tip.cc/guides/tipping). Though AMPL is not yet included in this list of tokens, equivalent amounts of ETH can be tipped for now until support for AMPL is requested/granted.
1 out of the 4 community achievements have been unlocked, but three more remain. Positively reinforcing community achievements with AMPL via this bot may expedite the rest of the challenge. This will also inform our future directions with such incentive models.
Idea
Implementation/Execution:
Discord server admins will need to invite the bot (https://tip.cc/guides/installing-on-discord).
A separate wallet – preferably multisignature – can be loaded with AMPL which will be converted to ETH for tipping with this bot.
Task completion will be rewarded with AMPL (which has been converted to ETH; there is also room here for an educational tactic now that we’re in positive rebase territory) – this idea should be wrapped within a message to incentivize challenge completion.
The message should be distributed widely throughout digital media platforms by ASDAO members and the AMPL community.
Note that if AMPL is integrated into the bot, we can tip directly and sidestep conversion to ETH (or a stablecoin, if that is deemed a better choice).
Budget/Cost: The Ampleforth team and ASDAO can decide how much AMPL should (or should not) be allocated towards this. The idea of a “right amount” to set aside for this could vary widely among a range of opinions.
Idea Timeline: Now
Hi first post here, the idea to challenge user knowledge with Discord tip Bot about AMPL & maybe(KMPL & NFT) at the same time is very interesting! For sure, a majority wont go through all of it the first time, because this is not a simple subject.
Some conditions condition to get the rewards
All answers correct in x period of time, having at least 50 AMPL in their wallet. (Forcing market inter-action).
This condition alone, will force a real comprehension of the mechanism of rebase and market cap impacting the value of each coin. Before they redeem their price.
One attempts by Eth address only!
Great Idea, Jag.
I like the suggestion, and it would get the community roaring as you suggested. This idea would fall under the financial incentive category – one that we’ve discussed at length internally. The counter argument is that it would attract a lot of “low quality” community members who would join for the tip and then never sign up again. You’re right that having them walk through the educational component will likely lead to a few “converts” but I still believe the majority are just going to be inactive accounts in the long run. Thoughts?
However, having AMPL support on the bot would go a long way in general. Anyway we can put in a request?
Very important considerations, Crypto.Kav.
If indeed we find that we’re beginning to encounter a bit of a free-rider type scenario (and other situations resulting from “low quality” participants), then additional incentives could be programmed to facilitate curiosity and self-directed learning among community members. Coinbase does a great job of this through their Earn videos, so we could adopt that kind of model that also goes beyond Q&As.
I think more broadly speaking, such a framework could result in sustained community driven efforts in a bottom-up way that are oriented towards growth.
I’m not sure about the request I’m fairly a newb when it comes to Discord. Perhaps our community might know?