6.1 Modes of Participation and Incentive Mechanisms for Users
User participation is the core driving force behind the AIBO WORLD ecosystem. Users can get involved in various ways within AIBO WORLD, and each way is equipped with corresponding incentive mechanisms to encourage user activity.
Dutch Auctions: At a fixed time every day, users can participate in Dutch auctions to bid for ABI tokens. These auctions start with a high price that decreases over time until someone accepts the current price to make a purchase.
Staking Rewards: Users have the option to stake their ABI tokens to earn rewards, showcasing their long-term commitment to AIBO WORLD.
POHW Work Rewards: Through the Prove of Human Work mechanism, users' actual work and community contributions are assessed and rewarded with ABI accordingly.
These incentive mechanisms ensure that user participation is not limited to investment behavior but is more about recognizing and rewarding contributions to the community.
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