weRate
  • Welcome to weRate
    • weRate Mission
    • Introducing weRate
  • The Broken Review Economy
    • Rapidly growing industry
    • Fake reviews
    • Review bias
    • No engagement. No Value
    • Terrible search experience
    • Undervalued & massive opportunity
  • Authentic reviews
    • The opportunity
    • Proof-of-Authenticity system
    • Storing Proof-of-Review onchain
    • Benefits for users
    • Benefits for businesses
  • Using the application
    • Getting started
    • Checking in
    • Giving a review
    • The map
    • Unrivaled search
    • Crypto events
  • Bohemians
    • Rarity Tiers
    • Attribute Point Allocation
    • Bohemian Attributes
    • Levelling Up
    • Bohemian Properties
    • Bohemian Specialities
    • Owning Several Bohemians
  • GameFi and SocialFi
    • Earnings & Rewards
    • Leaderboards
    • Bonus Points Multipliers
    • Ratings
    • Energy
    • Wisdom
    • Marketplace
    • Upvoting and ⚠️ Reporting
    • A community owned review platform
  • Tokenomics
    • $RATE
    • Reward Pool
    • Token distribution
    • Token release schedule
    • Ecosystem value flow
  • Revenue model
    • User-Generated Revenue
    • Business-Generated Revenue
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On this page
  • Earning Wisdom, Experience & Points
  • $RATE REWARDS
  • Credit Rewards
  1. GameFi and SocialFi

Earnings & Rewards

During BETA and prior to TGE users will earn CREDITS when performing actions in app. Beta league leaderboard rank rewards are part of the airdrop campaign.

When engaging with weRate's ecosystem a user will encounter 4 key assets that can be earned or won as rewards.

Assets
Acronym
Role

$RATE

$R

Tradable utility token

Wisdom

W

Reflects credibility and experience

Credits

C

Non-transferable in-app token

Experience Points

XP

Tracks Bohemian progression

Points

PTS

Reflects performance & rank on leaderboards

Earning Wisdom, Experience & Points

For every check-in, review, and other valuable action within the weRate ecosystem, users earn Points (Pts). The most basic way to earn points is by performing check-ins and leaving reviews. While all earned points contribute to boosting your account’s reputation (Wisdom), not all of them will be contribute to your Leaderboard Rank.

Points not only add to the overall credibility and social status of your account (Wisdom), but they are also used to calculate Leaderboard Points and determine your ranking on all qualifying leaderboards!

Valuable Action
PTS
XP
Qualifies for Rank
Qualifies for W

Check-In

10

10

Review Rating

30

15

Review Commentary

40

20

Review Pictures

30

15

Upvote

2

0

Receive an upvote

5

0

$RATE REWARDS

To be eligible for $RATE rewards a user must rank in the top 50% of a leaderboard with the only exception of Rarity leaderboards where that limit is raised to top 30%. If a user was ranked on the weekly or monthly general leaderboard but did not qualify for $RATE rewards he will be awarded 25 Credits.

Credit Rewards

Users can earn Credits by completing achievements quests or if they ranked on a general leaderboard but failed to earn $RATE.

During BETA users will earn CREDITS when leaving a complete review (12) or performing a check-in (2).

PreviousGameFi and SocialFiNextLeaderboards

Last updated 3 months ago

WeRate's utility token is fundamental to a users in-app progress and overall usage of the app. $RATE can be earned through rewards. The higher you rank, the more $RATE you'll win.

$RATE rewards are defined by weRate's which operates through a monthly allocation mechanism that are spread over the active public leaderboards that operate weekly, monthly & quarterly.

leaderboard
Reward Pool