ERADICATING FREELOADER THROUGH SOCIALMINING-DAOVERSE
Introduction
According to various studies, when people are paid according to their team's output instead of individual incentives, there are significant issues with free-riding. If it's difficult for others to tell who does what on a project, people exert less effort. That's a significant problem for organizations and crypto projects that have many employees or users working on large, collaborative projects, and it's particularly irritating for people who see freeloaders take credit for their work. We are in the era of web3, which is the next frontier of the internet’s evolution, and it promises a decentralized, permissionless and open-source alternative that will transform computing, data storage and peer-to-peer transactions. Most importantly, it will eliminate freeloading third parties, giving back the ownership of private data, incentives, rewards and enabling users to monetize it.
Who is a Freeloader, why is freeloading common and harmful?
A freeloader is a person who is supported by or seeks support from another without making an adequate return. A freeloader is synonymous to a bloodsucker, free-rider, hanger-on, parasite, sponge, sponger, sycophant, deadbeat, idler, e.t.c. A freeloader is a person who has the advantage of something given, such as money, food, or a place to stay, without offering anything in exchange.
In the Crypto space, particularly on DAOVERSE, a freeloader would want to have a share of the rewards embedded on the platform with participating in any tasks, they would rather indulge in malpractices such as creating multiple accounts to cheat, using bots, some even practices plagiarism. Despite the adoption of web3, Freeloader are still common in the space because of their greediness, desperation and they preferred short-cut and mostly have this get-rich-quick syndrome. There activities are very rampant in the space particularly in the area of bounty campaign, airdrop, giveaway, etc. All these illicit activities are very harmful to the society, it usually discourages those users who are hardworking, skillful, talented and goal-oriented. The activities of the freeloaders also posed a threat to the successful project implementation to the owners especially when capital has been deployed into such projects.
How can Social Mining fix this issue?
It is paramount to introduce DAOVERSE, a Social Mining platform powered by DAOLabs, which is one of the leading Social Mining platform that has emerged to completely eradicate freeloader in the crypto space. DAOVERSE is a Social Mining platform that believes in growth of its users as well as community building. DAOVERSE is the first Social Mining platform that implemented the concept of Initial Labor Offering (ILO). DAO Labs will allocate its native coin, LABOR, to users who earned Reputations before TGE. Adopting DAOVERSE strategy, the problem of freeloader can be fixed by ;
i. the introduction of these are three essential indexes: Influence, Reputations, and Points.
ii. the use of Validator rewards,
iii. giving of Task to user/members; this task could be role-based task, Open task, and Group task
How can we fight the freeloaders, and what other measures can prevent them (except KYC)
Aside from the various strategies mentioned above which DAOVERSE has adopted, the following measures can also be implemented to prevent the activities of the freeloaders;
Regularly release of Tasks, which mostly involved the physical appearance of the user, just like having a video presentation of any given tasks
Adoption of two factor authentication
Routine check on users/members in the community if they are actively participating on general discussion in the group
Adoption of strict measures and requirement before releasing workdrop
Bot checker mechanism
Early detection and removal of spam and irrelevant links in the community group
In conclusion, the activities of the freeloaders can be eradicated by the collaboration of the social miners via an effective and interactive community participation in conjunction with the project owners.