Summary
BIP-41 reimagines the previous iteration of the incentivized onboarding system, by combining it with a whitelisted access pass drop and previously discussed ideas of targeted airdrops to aligned communities to onboard valuable members. Essentially, users from an external community are whitelisted for an access pass. This whitelist is used in tandem with a user completing their onboarding bounties, which gives a user the right to claim a small amount of $BOTTO through the $BOTTO Rewards contract.
This allows the DAO to onboard individuals within strong partner communities into the Botto ecosystem, providing said individuals with a clear path to full participation (access pass and token staking). By default, Access Pass campaigns would not qualify for an immersive airdrop. Communities qualifying for an immersive airdrop campaign would be vetted in separate BIP proposals, access passes would be limited to a certain budget, and the ability to mint a qualifying access pass would be limited to strong onchain signals of reputation.
The first immersive airdrop campaign would take place early September 2023 with whitelisted holders of the JPG Community . The Immersive Airdrop pilot would use the Canonicon collection as its whitelist, meaning a maximum of 427 participants.
Rationale
With onboarding bounties being removed due to a sybil attack, there is no way for individuals to earn their way into membership nor is there an incentive program for onboarding aligned groups/individuals. A targeted airdrop system ensures that $BOTTO tokens are allocated to aligned partners and communities who can contribute to the growth and expansion of Botto. The community has previously expressed a strong interest in targeted airdrops several times in the past, and this proposal aims to harness that potential after discontinuing the first version of an incentivized onboarding due to a sybil.
While the proposed immersive airdrop system is not fool-proof, it minimizes the ability of a sybil by restricting eligible to vetted addresses. A wallet makes it onto the whitelist provided they hold a token from a specific contract from a partner community that those community leaders can vouch is not easily attained and is an actual representation of reputation for having the aligned values we are looking for. The previous sybil attack had taken advantage of being able to mint a free access pass by simply holding $RARE tokens. $RARE are easily purchasable and transferable, which created an easy attack vector. Therefore, we would also use snapshots of holders on a date prior to the immersive airdrop for a community being announced (see the 6529 meme cards allowlist process as an example).
Naturally, the DAO would also vet a new partner community through a BIP proposal. This gives us time to assess the alignment with a community and gauge the extent to which individuals from the partner community might be able to contribute. We anticipate that immersive airdrop campaigns would occur significantly less often than regular Access Pass campaigns. For clarity’s sake, an immersive airdrop campaign is not a replacement for Access Pass campaigns (they may run tangentially or complement one another).
Finally, while the introduction of this type of immersive airdrop campaign is not strictly built for rewarding our own DAO members, the built-out mechanisms can always be adjusted to reward existing DAO members rather than new ones.
The first immersive airdrop campaign would take place early September 2023 with whitelisted holders of the JPG community. A familiar community to many of us, JPG participants have operated as mindful stewards of the cryptoart space, helping add much needed art and historical context to the cryptoart ecosystem through Canons. JPG is a well-respected name with a few hundred highly engaged community members, many of which would be very aligned with Botto and its mission. The Immersive Airdrop pilot would use the Canonicon collection as its whitelist, meaning a maximum of 427 participants.
Proposal Specification
The proposed system will work as follows:
Allowlisted addresses will be eligible to complete the incentivized onboarding actions and claim the available $BOTTO rewards from the aforementioned $BOTTO Rewards Contract upon completion (see BIP-14). These addresses will also be able to use delegated wallet functionality, like Delegate Cash, for this pilot.
The timeline for this process is as follows:
- Late August: Test the reviewed system with allowlisted test addresses, and ensure bounties work as expected
- Late August: Evaluate the test and make any necessary adjustments
- End of August: Implement the pilot with members of JPG community, whom will be allowlisted via form shared on token-gated communication channels and must hold their soul-bound Canonicon NFT.
Budget (If applicable)
Budgets will be set for each individual community based on assessed alignment and expected participation. The community has suggested that a lesser amount of $BOTTO tokens in individual wallet rewards may prove sufficient to incentivize new users.
The amount of claimable rewards is budgeted to 50,000 $BOTTO for JPG. 1000 $BOTTO per wallet can be claimed - meaning only 50 wallets will be able to claim (first come, first serve).
Criteria of success
- Higher activation (completing bounties) and retention rates (not churning after one month from last vote) compared to the Botto AP and Community APs
- Richer curation conversations
- More DAO based initiatives
- Some onboarded members from this initiative become collectors, or collaborators of some sort
Disadvantages
- Opportunity cost of allocating $BOTTO to immersive airdrops
- Non-desirable results due to lack of stickiness of concept/DAO
