Introduction
In the simplest terms, social mining is a process that encourages miners to use social media to promote a product or service in order to receive rewards in the form of cryptocurrency.
But how does it work, and is it worth your time? In this post, we’ll explore the concept of social mining in depth.
What is Social Mining?
Social mining is a process where users can earn rewards for their participation on social media platforms. This can include things like liking posts, commenting on articles, or sharing content.
Social Mining is a DAO governance solution that encourages fair administration and quality content curation from communities and networks of any organization.
DAOVERSE is DAO Labs' Social Mining platform, incentivizing any interested individual to contribute and build DAO Labs' Social Mining community.
Purpose of Social Mining
The main purpose of social mining is to incentivize members of a community to contribute to the growth of the community.
This can be done in a number of ways, but most commonly it is done by rewarding members with tokens or coins that have a monetary value. In this way, social mining helps to build a strong community and encourages members to contribute valuable content and services.
Roles and Jobs in Social Mining
At DAO Labs social mining platform DAOVERSE members can choose their roles depending on their skill set. Jobs like - Content Writer, Content translator, Marketing, Business Development, Social Media Influencer, Web Designer, Blockchain Enthusiast, Graphic Designer, Strategic Partner, Development.
Tasks Available
Tasks are assignments prepared by the administrative body of the project which are classified under these three available tasks:
Open Tasks – Which is available to all users e.g – Social Media Tasks
Role-based Tasks – Which is based on users skill, e.g – Crypto Enthusiast
Group Tasks – Relating to members who join a particular group in the community.
What are Points and Reputations in social mining?
Points and reputation are two of the most important aspects of social mining. They're what determine your ranking in the social mining hierarchy and help to ensure that the process is fair and rewarding for all participants.
Points are earned by contributing to the network. You get more points for higher-quality contributions, such as posting original content, providing valuable insights, or voting on others' contributions.
Reputation is a measure of your trustworthiness and overall standing within the community. It's calculated based on a variety of factors, including the quality and quantity of your contributions, as well as your interactions with others.
How each member gets paid
Each member of the social mining platform gets paid based on their level of participation and the amount of tokens they've earned. This makes it a great opportunity for businesses and individuals alike.
A Workdrop procedure is initiated as a payout mechanism in Social Mining, allowing the project team to reward their token holders who add value to the project's ecosystem growth.
How to connect with Telegram and Twitter
Twitter and Telegram are great platforms for social mining as it's easy to join the community follow accounts and tweet about relevant topics.
Connect With Twitter
Start by going to your profile page on DAOVERSE and connect your Twitter account with DAO Labs by clicking on the “Connect App” with Twitter and follow and authorize the app and you are connected with @TheDAOLabs
Connect With Telegram
Go to your profile and fill your Telegram username into your profile and save it. Join our Telegram group @DaoLabs and drop a comment. Contact our bot @daolabscommunitybot in private and click the start button.
Visit DAO Labs Universe via Links:
DAO Labs: https://www.daolabs.com/
DAOVERSE: https://community.daolabs.com/
Documentation: https://docs.daolabs.com/
Twitter: https://twitter.com/TheDAOLabs
Telegram: https://t.me/DaoLabs