July 21, 2024

Moondrop: Raiinmaker’s Crypto Reward System in Sync with the Lunar Phases

Full Moon, Fuller Wallets!

Is it a lunar journey to prosperity, or is the moon itself descending to boost our wallets? Why not both?

Gear up for Raiinmaker’s Moondrop, our thrilling monthly mining extravaganza that coincides with each phase of the moon. Every 29.5 days, join a community of enthusiasts to harvest the fruits of your engagement in the Raiinmaker ecosystem.

This month’s spotlight is on the Full Buck Moon on Sunday, July 21, named for the season when bucks sprout new antlers — a nod to age-old Native American traditions as noted in the Farmer’s Almanac.

Are you prepared to claim your lunar bounty?

How do you become eligible for the Moondrops?

Participation in our Moondrop events is driven by the Coiin Score, a sophisticated system designed to measure and reward your active involvement in the Raiinmaker ecosystem. This transparent, user-centric system encourages strategic planning across four key pillars:

  • Validator
  • Behavior
  • Identity
  • Economic

Engaging effectively with these pillars can significantly boost your rewards during each Moondrop and sustain your contributions over time. Validators with higher Coiin Scores receive greater rewards, promoting activities that enhance the network’s value and operational health.

To elevate your Coiin Score, download the Raiinmaker Super App, available for Android and iOS, and prepare for the next Moondrop. The Coiin Score plays a crucial role in determining the distribution of tokens during each minting cycle, incentivizing Validators to contribute positively to the network and uphold its decentralized, community-driven ethos.

Keep a close eye on your Coiin Score. In the following sections, we’ll delve into each pillar and uncover strategies to maximize your potential earnings.

The Four Pillars In Detail

Validator Score

Becoming a Validator is becoming an integral part of the Raiinmaker Network.

Raiinmaker has two types of Validators:

  • Proxy Validators (Non-Custodial Delegated Proof of Stake)
  • Independent Validators

Proxy Validators help decentralize the network by being hosted and operated by independent parties, accepting block signatures from various blockchains. Independent Validators cryptographically sign verification records from Proxy Validators, acting as independent witnesses.

Through Coiin.AI, any user can become a Proxy Validator to finalize transactions or an Independent Validator to verify Proxy Validators’ records as their node signs new blocks.

So, how can these Validators earn additional $Coiin?

  1. First, a user needs to set up a node to become a Validator.
  2. Validators can earn boosted mining rewards by verifying transactions and participating in network activities. The more transactions you validate, the higher your earnings are.
  3. Have a longer uptime, and receive more rewards!
Behavior Score

With Raiinmaker, every action counts!

Raiinmaker’s scoring system celebrates and rewards active engagement. Every move you make on the Raiinmaker Network, such as completing identity verification, linking your wallet, or training AI on the Raiinmaker App, boosts your Behavior Score!

The rewarded activities range from technical to inventive, and maybe you will have more fun diving into creative tasks!

You can:

  • Generate AI art and train AI models
  • Participate in various campaigns for causes
  • Mint NFTs and share them

Your proactive participation not only lifts your score but also strengthens the whole Raiinmaker community!

Identity Score

Working on your Identity Score on the Raiinmaker platform is a key behavior that can significantly support your $Coiin earnings.

Upon registration, Raiinmaker generates a cryptographic key pair for you. Every action you take on the platform, such as logging in or performing the KYC, is cryptographically signed and recorded on the blockchain.

This ensures secure, verified actions that contribute to your identity verification and boost your earnings.

In the Raiinmaker ecosystem, your reputation is a blend of your identity and behavior. Establishing your ID through KYC verifications and self-certified information earns you additional rewards.

Economic Score

Raiinmaker tries to promote responsible behavior on the platform by incentivizing it with $Coiin!

The way you manage your $Coiin impacts your Economic Score. Sensible activities like holding, staking, or even burning your tokens for utility purposes can positively impact your score.

Every project wants to see their community having a long-term approach, so frequent and large withdrawals show short-term interest. Raiinmaker rewards users who demonstrate long-term investment and thoughtful token management.

To incentivize staking even more, Raiinmaker offers tiered staking rewards. The more $Coiin you stake in a self-custody wallet, the higher your reward multiplies.

Additionally, Rainmaker encourages burning tokens. By doing so, users are contributing to a healthy and balanced economy within the system. Burning tokens also increases your reward multiplier and the impact on rewards varies depending on the phases of the Moon. Burning before a New Moon unlocks higher rewards, meaning the sooner one burns tokens after a Moondrop, the higher the rewards.

As a result, manage your tokens wisely and participate actively in staking and burning to boost your Economic Score!

Start Earning Coiin Now!

As you begin your Raiinmaker experience, remember that maximizing $Coiin rewards depends on active participation and smart strategies.

Focus on the four key pillars of the Coiin Score — Validator, Behavior, Identity, and Economic — to boost your earnings and enrich the Raiinmaker community. These steps not only increase your $Coiin rewards but also help build a robust, decentralized, community-driven ecosystem.

Get ready for the next Moondrop event, dive in, and watch your rewards grow. Download the Raiinmaker App now, and start earning!

About Raiinmaker

Raiinmaker is accelerating the next generation of Web3 utilizing decentralized AI and a human-powered network.

Raiinmaker’s distributed AI training network integrates the scalability of Web3 with decentralized AI, redefining value creation based on digital identity, behavior, and reputation.

Powered by the Raiinmaker Network, the Raiinmaker AI Super App boasts more than 100,000 users and aims to revolutionize the monetization of users’ contributions to AI infrastructure across sports, gaming, and entertainment by equipping users with the ability to train AI from their smartphones.

The app also provides seamless integration for users with native Web3 features including Identity Verification, NFT Minting, Token Creation, and AI-Powered Smart Contracts.

Get Involved

Join our community and engage with like-minded individuals passionate about our vision and technology. Follow Raiinmaker for up-to-date app releases, news, contests, giveaways, and campaign progress.

Twitter | Discord | Telegram | Instagram | Facebook | LinkedIn | Medium