Manifesto
Pacts aim to become the most efficient onchain incentives marketplace, where users receive offers for their attention and liquidity depending on their onchain history and experience. You in?
Your onchain history is an immutable record of your expertise, activity, and preferences. It is also a statement of your value as a user - extensive onchain history reveals your position as a power user and a prized target to acquire for most protocols and chains.
In an industry full of sybils and predatory actors, projects are willing to put a premium on acquiring real and valuable users. As we further blend the borders between onchain and social activity, the provenance of onchain expertise is becoming a key determinant in the evaluation of users’ potential worth.
Pacts are, first and foremost, a marketplace for user attention, where projects bid for your time and liquidity, with onchain history being a key determinant of what type of projects will offer you incentives.
Here’s how we win, together with you 🤝
1 —Make projects recognize your strengths and interests as an onchain user
Your onchain history is your treasure - it shows your expertise and your interests. Using onchain history and various pointers to target, projects make their marketing spend more efficient. In turn, it leads you to acquiring more rewards and incentives than previously possible. Pacts allow you to receive offers from projects targeting specifically your onchain history and user type.
2 —You see what you can get from a pact
Pacts strive for maximum transparency with rewards - users are able to see the amount of incentives they are going to receive from the partner campaign and make a decision if it’s worth their time or not. Rewards for Pacts are continuously streamed to eliminate delays with reward distribution.
3 —Receive notifications when projects target you
Instead of sifting through hundreds of virtually identical quests, receive offers when projects target your onchain history in your Pacts inbox. Notifications on Discord or Telegram are coming very soon!
4 —Crypto social apps unlock new possibilities with onchain reputation
We believe that as the industry matures, a distinction between low-value and high-value users will be more important than ever. Not only do we now have vast onchain histories to really dig into user behaviors, crypto is also blurring the lines between onchain and social through apps like Farcaster and Friendtech. This makes Pacts perfectly positioned to serve as a bridge between projects and valuable users.
We see Pacts becoming a multi-chain incentives marketplace - a constant back-and-forth value exchange between projects and users. Different forms of incentives, such as tokens or stablecoins, will be bids that projects put out depending on their expected acquisition costs, whereas onchain history, reputation, social reach, and expertise will be asks from users for their attention and liquidity.
Last updated