IRYS Yapping Reward Summary
@irys_xyz has nicely summarized the Yapping rewards from @baeko_02.
- Data sector comparison group @Filecoin FDV $4.6B
- If IRYS achieves half of @Filecoin's FDV, it will be $2.3B
- 0.3% allocated to Yappers, if evenly distributed among 1,000 people, each would receive $6,000
Even if we set the FDV at $1B, the average would be around $3,000 per person.
Of course, the allocation for Yappers and FDV will only be known once it comes out, but it seems like a sufficiently worthwhile expected reward.
Let's yap together like IRYS.
The TGE of the programmable data chain @irys_xyz is approaching.
Especially when I see that @IPALAU1 and @lilykuma_S2_ are conducting an IRYS AMA in Korea and mentioning that the TGE is coming soon, it really feels like it's not far off.
IRYS is a project that overcomes the limitations of data storage, which is a problem of existing blockchains, through a programmable data chain.
In the IRYS network, data can directly interact with smart contracts by embedding ownership, access rights, and royalty rules.
A representative project mentioned in the data sector along with IRYS is Filecoin.
Currently, File's FDV is $4.6B.
In the case of IRYS, after achieving $2.3B, which is half of File's, just allocating 0.3% to yappers would result in a total airdrop of $6M.
This means that if distributed equally among 1,000 people, each would receive a reward of $6,000.
Currently, IRYS has announced that there is a separate allocation for Koreans and operates its own leaderboard based on the Kaito leaderboard, allowing even small yappers to easily rise on the leaderboard.
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