USING MEMEGOAT SOCIALFI

Overview

MEMEGOAT SOCIALFI is a decentralized platform enabling projects to create engagement campaigns Giving On-Chain Integrated Rewards. Users can participate in these campaigns, completing tasks that involve sharing content on social media and interacting with project-specific posts.

These activities are tracked in Real time, and participants are ranked on a real-time leaderboard based on their engagement scores. At the end of the campaign, users can earn rewards from the prize pool of tokens based on their Score on The Leaderboard


Key Features

  • Campaign Creation: Projects can launch campaigns where users participate through social media tasks.

  • Leaderboard: Participants are ranked based on real-time engagement tracked through Twitter.

  • Reward Distribution: After campaigns conclude, token rewards are distributed based on the leaderboard ranking.

Getting Started

Step 1: Access MemeGoat SocialFi

  1. Connect your Wallet to MemeGoat.

  2. Navigate to the SocialFi section from the dashboard.

Step 2: Explore Active Campaigns

  1. Browse the list of active campaigns.

  2. Each campaign will display the following:

    • Project name and description

    • Task details (e.g., tweet content, hashtags, tagging requirements)

    • Rewards for participants

    • Duration of the campaign

Step 3: Connect Your Twitter Account

  1. To participate, connect your Twitter account.

  2. Approve the necessary permissions for real-time engagement tracking.

Step 4: Participate in a Campaign

  1. Select a campaign you want to join.

  2. Complete the specified tasks, such as:

    • Posting content using specific hashtags or tagging the project’s Twitter handle.

    • Sharing your experience with the project.

  3. Once you’ve posted, and your Content has been Reposted by the Creator's Twitter Account the system automatically tracks your engagement using the Twitter API:

    • Retweets

    • Likes

    • Replies and more.

Step 5: Monitor Your Progress

  1. Your engagement score will update in real-time on the leaderboard depending on Your Impressions and Engagement.

  2. The leaderboard ranks users based on engagement metrics, and you can monitor your position.

Step 6: Claim Your Rewards

  1. Once the campaign concludes, eligible users can claim rewards from the token prize pool.

  2. Rewards are distributed proportionally based on rank.

  3. Tokens will be sent directly to the wallet associated with your MemeGoat account.

Last updated