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Gov/en/Portal:Economy/Rewards-Explained: Difference between revisions

Split Rewards / Miles Credits into distinct pages; add Who Receives Rewards (donors, early supporters, pioneers via Open Calls or initial Steering Committee); add ExpertIntro + TOC + anchors; remove em-dashes (Theo audio 2026-07-09)
Terminology pass 2: unify historical names (Balanced Boost, Balance Boost, The Boost) under Need-Driven Funding
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{{KidsIntro|This page explains the Rewards given to people who donate to WikiDeal or help build it.}}
{{KidsIntro|This page explains the rewards you can earn for helping WikiDeal.}}
{{ExpertIntro|Rewards are one of the two types of WikiDeal Credits, alongside [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]] (covered on their own page). Rewards are intended for donors, early supporters and pioneers. They are convertible to CHF without any guarantee, generated through the bonding curve on the basis of real expenses, regulated by the Need-Driven Funding mechanism, and operated under Swiss FINMA sandbox rules.}}
__TOC__


= Rewards Explained =
= Rewards Explained — Rewards & Miles Credits =
{| class="wikitable infobox"
{| class="wikitable infobox"
|-
|-
| class="infobox-title" colspan="2"| Rewards at a Glance
| class="infobox-title" colspan="2"| Rewards at a Glance
|-
|-
| Symbol
| Types
| 💰
| Rewards 💰 + Miles Credits 🔗
|-
|-
| Recipients
| Gift
| Donors, early supporters, pioneers
| Separate, voluntary (see below)
|-
| Convertible to CHF
| Yes, without guarantee*
|-
|-
| Basis
| Basis
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|-
|-
| Speculation?
| Speculation?
| ❌ None, transparent
| ❌ None transparent
|-
|-
| FINMA
| FINMA
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|-
|-
| See also
| See also
| [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]]
| [[Gov/en/Portal:Economy/Miles-Market|Miles Market]]
|-
|-
| See also
| See also
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|}
|}


WikiDeal generates two types of Credits: '''Rewards''' and [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]]. They are two clearly separate concepts, each described on its own page. This page covers Rewards only.
WikiDeal generates two types of Credits when you back the project or participate in its programmes. Understanding these Credits is key to understanding how WikiDeal works.
 
<span id="who-receives-rewards"></span>
== Who Receives Rewards ==
Rewards are intended for three categories of contributors:
 
# '''Donors''': people who support WikiDeal through Donations.
# '''Early supporters''': people who contributed to the project in the years preceding the launch of WikiDeal.
# '''Pioneers''': people who bring added value to the project and receive Rewards either through the [[Gov/en/Portal:R&D/Open-Call:Main|Open Call]] process, or as experts invited by the initial [[Gov/en/Portal:Institutions/Steering-Committee|Steering Committee]].


<span id="what-rewards-are"></span>
== The Two Types of Rewards ==
== What Rewards Are (no guarantee*) ==
==== 💰 Rewards (no guarantee*) ====
Rewards are convertible to CHF, but '''without guarantee'''. Their availability depends on the financial health of the platform: how much revenue is generated by monthly subscriptions, how many users are active, and whether the budget covers costs. Rewards are honest: if the platform doesn't generate enough revenue, Rewards are not distributed that month. They represent a conditional claim on future subscription revenue, not a debt.
Rewards are convertible to CHF but '''without guarantee'''. Their availability depends on the financial health of the platform: how much revenue is generated by monthly subscriptions, how many users are active, and whether the budget covers costs. Rewards are honest: if the platform doesn't generate enough revenue, Rewards are not distributed that month. They represent a conditional claim on future subscription revenue, not a debt.


* Convertible to CHF when funds allow
* Convertible to CHF when funds allow
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* No financial return is guaranteed. See Terms & Conditions and FINMA sandbox rules.
* No financial return is guaranteed. See Terms & Conditions and FINMA sandbox rules.


<span id="miles-credits"></span>
==== 🔗 Miles Credits ====
== Miles Credits: a Separate Concept ==
Miles Credits are exchangeable for services and goods within the WikiDeal ecosystem — within [[Gov/en/Portal:Trust-Safety/Rings-of-Trust|Rings of Trust]] (agreements between ≥2 [[Gov/en/Portal:R&D/Innovations:User Groups|User Groups]]). Miles Credits are not convertible to CHF, but they have real value: housing, transport, food, tutoring, and many other services can be accessed with Miles Credits. Their value is determined by the [[Gov/en/Portal:Economy/Miles-Market|Miles Market]] algorithm.
[[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]] are the other type of WikiDeal Credit: exchangeable for services and goods within [[Gov/en/Portal:Trust-Safety/Rings-of-Trust|Rings of Trust]], not convertible to CHF. They are a distinct concept from Rewards and are described on their own dedicated page: [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]].


<span id="gift"></span>
* Exchangeable for services within Rings of Trust
== Gift: a Separate, Voluntary Concept ==
* Value determined algorithmically (supply & demand)
* Not convertible to CHF directly
* Earned through volunteering, programme participation
* Usage coefficients: 1 (restricted) to 10 (widely accepted)
 
== Gift — A Separate, Voluntary Concept ==
'''What is a Gift?'''
'''What is a Gift?'''
A '''Gift''' is a voluntary Donation from a funder or participant to the WikiDeal community pool. It is NOT a type of Credit, it is a separate act. The amount of Gifts available depends on the '''pressure degree''':
A '''Gift''' is a voluntary Donation from a funder or participant to the WikiDeal community pool. It is NOT a type of Credit it is a separate act. The amount of Gifts available depends on the '''pressure degree''':


* Less pressure from funders = more Gifts by default (community benefit maximized)
* Less pressure from funders = more Gifts by default (community benefit maximized)
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* Gift WIL is dedicated to community-benefit purposes: subsidized memberships, User Group grants, common pool
* Gift WIL is dedicated to community-benefit purposes: subsidized memberships, User Group grants, common pool


Gifts appear in FAQ and T&C pages, not in the main user flow. Gift is an optional, voluntary layer on top of the Credits a funder receives.
Gifts appear in FAQ and T&C pages, not in the main user flow. When you back WikiDeal, you choose between '''Rewards''' and '''Miles Credits''' — Gift is an optional, voluntary layer.


<span id="bonding-curve"></span>
== The Mathematical Relationship Bonding Curve ==
== The Mathematical Relationship: Bonding Curve ==
All Credits are generated by the '''Bonding Curve''' a mathematical formula that determines how many Credits you receive per CHF contributed:
Rewards are generated by the '''Bonding Curve''', a mathematical formula that determines how many Credits you receive per CHF contributed:


Available Credits = Bonding Curve - Gifts
Available Credits = Bonding Curve Gifts


Where:
Where:
Bonding Curve = f(CHF contributed, position in curve)
Bonding Curve = f(CHF contributed, position in curve)
Gifts = f(Miles pressure + Miles in common pot not consumed)
Gifts = f(Miles pressure + Miles in common pot not consumed)
Rewards depend on: financial budget security
Miles Credits depend on: community activity + Ring capacity


Key properties of this formula:
Key properties of this formula:


* Gifts depend on: combined Miles pressure + Miles in the common pot not yet consumed
* Rewards depend on: the platform's financial budget security
* Rewards depend on: the platform's financial budget security
* Gifts depend on: combined Miles pressure + Miles in the common pot not yet consumed
* Everything moves based on '''real expenses''' no speculation, no invented values
* Everything moves based on '''real expenses''': no speculation, no invented values
* Early funders get more Credits per CHF (bonding curve rewards early commitment)
* Early funders get more Credits per CHF (bonding curve rewards early commitment)


"Stimulating but not speculative at all, because everything is transparent."
"Stimulating but not speculative at all because everything is transparent."


<span id="need-driven-funding"></span>
== The Need-Driven Funding mechanism ==
== The Need-Driven Funding Mechanism ==
The [[Gov/en/Portal:R&D/Innovations:Need-Driven Funding|Need-Driven Funding mechanism]] is the auto-regulator between Rewards and Miles Credits:
The [[Gov/en/Portal:R&D/Innovations:Need-Driven Funding|Need-Driven Funding mechanism]] regulates when Rewards become available:


# '''Phase 1, services first:''' when the platform is growing, the community service economy (based on [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]]) develops first.
# '''Phase 1 — Miles first:''' When the platform is growing, Miles Credits increase first. More services are available → community activity grows → Miles value rises.
# '''Phase 2, cash follows:''' as the service economy grows, subscription revenue grows, and Rewards (no guarantee*) become available so that funders can convert to CHF.
# '''Phase 2 — Cash follows:''' As the service economy grows, subscription revenue grows Rewards (no guarantee*) become available funders can convert to CHF.


The Need-Driven Funding ratio changes based on the platform's NEEDS, not based on speculation or market sentiment. When revenue is secure, the Rewards ratio increases.
The Need-Driven Funding ratio changes based on the platform's NEEDS not based on speculation or market sentiment. When the platform needs more community activity, Miles ratio increases. When revenue is secure, Cash ratio increases.


Need-Driven Funding ratio = f(Active funders / Platform funding needs)
Need-Driven Funding ratio = f(Active funders / Platform funding needs)
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Early stage: 70% Rewards / 30% Gift
Early stage: 70% Rewards / 30% Gift
Growth stage: 40% Rewards / 60% Gift (more community benefit)
Growth stage: 40% Rewards / 60% Gift (more community benefit)
Mature stage: equilibrium based on real subscription revenue
Mature stage: Equilibrium based on real subscription revenue


<span id="wil-hypothesis"></span>
== The Currency Name The WIL Hypothesis ==
== The Currency Name: The WIL Hypothesis ==
The name '''WIL''' (WikiDeal Contribution Licence) is a hypothesis not a final decision. The WikiDeal community may evolve this name as the project grows. What matters is not the name, but the concept:
The name '''WIL''' (WikiDeal Contribution Licence) is a hypothesis, not a final decision. The WikiDeal community may evolve this name as the project grows. What matters is not the name, but the concept:


* 1 WIL = 1 month of platform usage = CHF 1 nominal value
* 1 WIL = 1 month of platform usage = CHF 1 nominal value
* WIL exists in two main forms for users: '''Rewards (no guarantee*)''' and [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]]
* WIL exists in two main forms for users: '''Rewards (no guarantee*)''' and '''Miles Credits'''
* Gift is a voluntary layer, not a type of WIL per se
* Gift is a voluntary layer, not a type of WIL per se


The community may propose alternative names via the [[Gov/en/Portal:R&D/Open-Call:Main|Open Call]] process. The underlying mathematics and principles are immutable; the label is not.
The community may propose alternative names via the [[Gov/en/Portal:R&D/Open-Call:Main|Open Call]] process. The underlying mathematics and principles are immutable; the label is not.


<span id="transparency"></span>
== Transparency and Honest Accounting ==
== Transparency and Honest Accounting ==
WikiDeal's credit system is built on a principle of radical transparency:
WikiDeal's credit system is built on a principle of radical transparency:


* '''At-cost:''' All Commissions are charged at cost, with no profit extracted by the platform beyond operating expenses
* '''At-cost:''' All Commissions are charged at cost no profit extracted by the platform beyond operating expenses
* '''Real expenses only:''' Credits are only distributed when real revenue exists to back them
* '''Real expenses only:''' Credits are only distributed when real revenue exists to back them
* '''Public ledger:''' All Credits generated, distributed, and redeemed are logged publicly
* '''Public ledger:''' All Credits generated, distributed, and redeemed are logged publicly
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* Rewards are subject to platform revenue availability. No financial return is guaranteed.
* Rewards are subject to platform revenue availability. No financial return is guaranteed.


''→ See also: [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]] | [[Gov/en/Portal:Economy/Miles-Market|Miles Market]] | [[Gov/en/Portal:R&D/Programmes|12 Programmes]] | Terms & Conditions | FAQ | [[Gov/en/Portal:Onboarding/Glossary|Glossary]]''
''→ See also: [[Gov/en/Portal:Economy/Miles-Market|Miles Market]] | [[Gov/en/Portal:R&D/Programmes|12 Programmes]]   | Terms & Conditions | FAQ | [[Gov/en/Portal:Onboarding/Glossary|Glossary]]''


<span id="replicable-model"></span>
== Replicable Model: Every User Group Can Launch Its Own Funding ==
== Replicable Model: Every User Group Can Launch Its Own Funding ==
One of WikiDeal's most innovative features: '''every User Group can launch its own funding campaign''' using the exact same methodology as WikiDeal Core. The same bonding curve, the same Rewards, the same Gift mechanism operating in the background.
One of WikiDeal's most innovative features: '''every User Group can launch its own funding campaign''' using the exact same methodology as WikiDeal Core. The same bonding curve, the same Rewards and Miles Credits, the same Gift mechanism operating in the background.


This means:
This means:
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* Any new User Group can bootstrap itself using a proven, transparent funding model
* Any new User Group can bootstrap itself using a proven, transparent funding model


The model is fractal: WikiDeal Core funds the platform. User Groups fund their specific marketplaces. The same machine operates at every level: transparent, at-cost, non-speculative, governed by the Need-Driven Funding mechanism.
The model is fractal: WikiDeal Core funds the platform. User Groups fund their specific marketplaces. The same machine operates at every level transparent, at-cost, non-speculative, governed by the Need-Driven Funding mechanism.


[[Category:Migration June 2026]]
[[Category:Migration June 2026]]