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

{{KidsIntro|Rewards are real money you can earn on the platform for helping out or doing good work. When you contribute something useful, you can get paid back in cash.}}

{{ExpertIntro|Rewards are conditional claims that are converted into Swiss francs at the pace of the subscriptions taken by users (a subscription, CHF 10 per year, is required to transact on any marketplace). Subscription revenue is redistributed proportionally to Reward holders. Rewards can be obtained in two ways: through a donation (the amount is set by the combination of the bonding curve and the need-driven stabilizer) or through an attribution by the Ynternet.org Foundation (open calls, mandates, founder attributions). Cash-out occurs in tranches of CHF 100, and cash-out speed depends on the number of subscribed users. There is no guarantee that there will be many users.}}

| Symbol

| 💰

| Currency

| CHF (conditional)

| Cash-out

| By tranches of CHF 100, at the pace of user subscriptions (no guarantee)

| Recipients

| Donors, early supporters, pioneers

| Basis

| [[Gov/en/Portal:R&D/Innovations:Bonding Curve|Bonding Curve]] (real expenses)

| Tax event

| At cash-out only

| Priority

| P2 (personal)

| [[Gov/en/Portal:Economy/Karma-Tokens|Karma tokens]] (the exchange currency for services)

WikiDeal Rewards come in two forms: '''Rewards that can be cashed out''' in Swiss francs and '''[[Gov/en/Portal:Economy/Karma-Tokens|Karma tokens]]''' (the exchange unit for services). This page covers the cash-out form only.

* Convertible to CHF by tranches of CHF 100 when funds allow.

=== 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]].

One point remains open and still has to be defined: whether 100% of each subscription is redistributed to Reward holders, or only a part of it. What is already set: for the '''first tranche of CHF 200,000''' donated for Prototype 1, subscription revenue is '''entirely (100%) attributed to Rewards'''. If this allocation is modified later, at least 50% of subscription revenue on average would remain attributed to Reward holders (contractual commitment). This is explored in the open call: [[Gov/en/Portal:R&D/Open-Call:Subscription-Redistribution|subscription redistribution to Rewards]].

The time needed to cash out Rewards depends entirely on how much the platform is used. To be deliberately cautious, the cash-out horizon is described as ranging '''between 1 and 10 years''', with an '''estimated average of 3 to 4 years'''.

'''⚠️ This figure is purely theoretical. There is no guarantee whatsoever.''' It is an estimated projection. A faster uptake shortens the horizon; slow adoption lengthens it.

=== Two ways to obtain Rewards, three reward funds ===

# '''Through a donation''': the amount is defined by the combination of the [[Gov/en/Portal:R&D/Innovations:Bonding Curve|bonding curve]] and the [[Gov/en/Portal:R&D/Innovations:Need-Driven Funding|need-driven stabilizer]].

# '''Through an attribution''': by the Ynternet.org Foundation (open calls, mandates).

Three reward funds correspond to these:

* Rewards attributed by the steering committee (open calls/mandates)

* Rewards attributed by the founder

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