Block of Fame: How Cyclops Game is Creating a System for Blockchain Inventors to be Recognized

in cyclops •  4 years ago 

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Blockchain inventors are at the forefront of creating truly reliable and decentralized systems that usurp the traditional frameworks.

For a decade now, only a few of such inventors are recognized and rewarded. The time is now ripe for blockchain inventors to be recognized the more. And Cyclops Game is that platform that makes it easier for blockchain inventors to be given the recognition they deserve.

In this article, you will find out some of the ways that the broader Cyclops Game ecosystem would create a system that would reward your efforts and contributions to the blockchain industry.

BACKED BY VALUE
Rewarding blockchain inventors via Cyclops Game is purely based on merit. The value backing here is that blockchain influencers and inventors would be rewarded for their efforts towards the development of blockchain technology.

HOW ARE BLOCKCHAIN INVENTORS SELECTED?
You may be wondering about the possibility of getting rewarded on Cyclops Game as a blockchain inventor.

It is possible, and it is further enhanced by the value-backed Block of Fame of the broader Cyclops Game.
The Block of Fame feature uses a stake-vote mechanism that allows the users of the broader Cyclops Game ecosystem to vote for blockchain inventors they found worthy.

The voting mechanism is also designed in a way that the users would vote for their preferred blockchain inventors using criteria like:

  • The inventions made by the blockchain inventors they are voting for.
  • The importance and relevance of the inventions made by the blockchain inventors.

HOW ARE VOTES COUNTED?
The votes of the Cyclops Game users are counted and collated according to their relevance.
Ideally, such a voting mechanism may be susceptible to bias, and that would defeat the entire purpose of the system.

That informs the reason why the Block of Fame powered by Cyclops Game uses a balanced voting-incentives scheme that allows for transparency and fairness.

To that end, you rest assured that 92% of the votes cast for selected blockchain inventors are valid.

WHO CAN CAST VOTES?
Voting for blockchain influencers and inventors is solely the work of the users of the broader Cyclops Game ecosystem.

Their role thereof is to facilitate the voting of worthy blockchain advocates, who have through their publications and inventions, created the rightful impression that blockchain technology is an important network.

These users would then be allowed to vote for a blockchain influencer of their choice – someone who they feel better deserves the recognition.

HOW CAN I VOTE FOR A BLOCKCHAIN INFLUENCER?
It is quite easy for you to vote for a blockchain influencer or inventor. You can that provided you are holding a substantial amount of the Cyclops Treasure (CYTR), which is the native and governance token of the broader Cyclops Game ecosystem.

With this token, you can vote for your favourite blockchain inventor so that the selected inventor can be rewarded with the other dual token of Cyclops Game, which is the Cyclops Currency (CYCR).

FINAL THOUGHTS
The Cyclops Game team set up the Block of Fame to reward the efforts of notable blockchain inventors who have continually helped in creating a decentralized world.
Keep an eye on the project to find out how you can vote for your favourite blockchain inventor/influencer.

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