📄Dual-Leaderboard System

The Dual-Leaderboard NFT Drop is a system designed to incentivize continuous engagement and provide opportunities for newcomers to collect the quarterly NFT drop easier. It is implemented across two N

Overview

The Dual-Leaderboard NFT Drop consists of two rankings.

It is also implemented across both of our two NFT-drop eligible gamemodes, OnchainInk and Lucky Eleven:

1. Alltime Ranking: This ranking fetches all activity from Day 1 (contract deployment) and never resets. The top 100 contributors in this ranking will be rewarded with the monthly NFT in OnchainInk and the top contributor will get the same NFT from Lucky Eleven.

2. From Snapshot to Snapshot (FStS) Ranking: This ranking fetches activity from the last Snapshot (first snapshot = contract deployment) and additionally resets at the time of each snapshot, allowing everyone to start afresh. The top 900 contributors in the OnchainInk FStS Ranking will also be rewarded with the NFT, and the top-ranked contributor will receive an astounding 90% of all Tokens that were burned during the corresponding Snapshot-to-Snapshot period. The top 9 contributors from the corresponding LuckyEleven gamemode receive the quarterly NFT.

Increased NFT Value During times of low user activity

If the number of active users falls below 900, the NFT automatically becomes more valuable since fewer individuals will receive this exclusive drop.

Scenario A

If we have a total of 200 users and only 30 are actively painting, the remaining 170 users will not be ranked in the FStS Ranking. Consequently, one of the 30 active users in the FStS Ranking will receive an impressive 90% of the burned Tokens from all the other 30 users. The NFT will be awarded to all users in the FStS Ranking and the top 100 users in the Alltime Ranking, resulting in a total NFT supply of 130.

Scenario B

If we have a total of 9,000 users, with 6,000 users not actively participating, the remaining 3,000 users will comprise the FStS Ranking. In this case, one of the 3,000 active users in the FStS Ranking will receive a substantial 90% of the burned Tokens from all the other 3,000 users. Additionally, the top 900 users in the FStS Ranking and the top 100 users in the Alltime Ranking will receive the NFT, resulting in a total NFT supply of 1,000, which is our maximum per Drop in OnchainInk.(max.10NFTs' per drop in LuckyEleven)

Benefits

The Dual-Leaderboard NFT Drop system offers the following benefits:

• Dual-leaderboard system: This system incentivizes both long-term engagement and participation in the current quarter. It also allows users to prioritize their participation in the gamemode(s) that they prefer.

• Opportunity for newcomers: The FStS Ranking allows newcomers to compete with top-ranked users for the NFT.

• Increased NFT value during low user activity: This ensures that the NFT remains valuable even when there is less activity on the platform.

Overall, the Dual-Leaderboard NFT Drop is a fair and equitable way to reward users for their participation. It also encourages continuous engagement and gives newcomers a chance to collect the NFT.