Rabbit Hole
RabbitHole is a platform for performing tasks with participants' identification and a reputation system for various crypto and media activities. Such a product will create a foundation of valuable users who will provide quality support for new projects.Platform users will be able to improve their rating and subsequently aspire to rewards in the form of project tokens by participating in various events.
The project got through the CoinList Seed Fall 2020 Batch.
Crypto startups need Rabbit Hole to attract conscientious performers in the early promotion and marketing stages.Through Rabbit Hole, crypto startups will be able to protect themselves from multiaccounters to the greatest possible extent and choose performers in accordance with their reputation.This concept will help to distribute awards fairly and get better support for them.
By collecting on-chain statistics of previous achievements, RabbitHole will create an account database that can be used as a user identification in the KYC stages.
Therefore, it's a kind of UpWork in the airdrop world.
The platform has already involved more than 10,000 people and has paid out more than $ 100,000 in total awards.
• Delphi Digital interview with Rabbit Hole founder:https://www.delphidigital.io/wp-content/uploads/2020/12/Tom-Shaugh_Brian-Flynn.mp4
How it works:
The platform community will be a DAO with various rewards in the form of NFTs and platform tokens.Users are assigned to the particular roles: 1. "Stewards" - These are governance proposal writers rewarded for creating proposals on other protocols to bring in new RabbitHole quests.2. "Navigators" - These are developers rewarded for creating subgraphs on The Graph to track completions of different tasks on specific protocols RabbitHole works alongside.3. "Craftsmen" - These are NFT creators rewarded for creating trophies that are distributed to users for completing specific quests.4. "Pioneers"- These are content creators rewarded for creating content specific to individual tasks.
• Investors:
RabbitHole received $ 3.6 million in funding from Electric Capital as a lead investor, as well as ParaFi Capital, Framework Ventures, Edge & Node, Chapter One, Collab + Currency, Slow Ventures, Late Checkout, and angels including Tony Sheng ( Cozy Finance), Balaji Srinivasan, Larry Sukernik, and MonetSupply.
Learn more: https://rabbithole.mirror.xyz/ZYcTE1mh5TxpGNHEPWon8KH7R3MlllJE4VhG_yJIr-M
• Partners:
Matcha, OpenSea, Gnosis, Aave, mStable, Perpetual Protocol, ENS, and PoolTogether.
Conclusions:
The functionality of RabbitHole resembles the system that DAO Maker originally had but went to smash at the stage of platform update. Good foundations and angels entered the project. In general, RabbitHole is interesting, therefore we are waiting for the tokenomics.The interface and functionality of the platform seem to be usable.Their marketing does its job, it will just suffice to mention Delphi Digital.Stani (ААVE) and several schillers follow them.
• Do projects and communities need such a product?-Yes.
• Will the platform be in demand during the down-trend?-Rather no. There are much fewer projects.
• What are the prospects for investors?-Depends on the tokenomics and state-of-market at the time of the IDO.
• What are the perspectives for performers?-This is an evolution for airdrop participants. It definitely looks more interesting and promising than simply retweeting and keeping one’s fingers crossed or augmenting the number of subscriptions of the next half-scam, waiting for a micro-drop.
Here you gain a reputation and become a freelance airdropper.The project announced the launch of the Pathfinder program to attract early participants to various activities on RabbitHole, such as creating subgraphs, proposals in DAO, creating NFTs and making content.
• To learn more about this and apply for the early member program, follow the link: https://www.notion.so/Introduction-the-Pathfinder-Program-ca5a1fdd96cd49868c98a2163c75edc0