Vote and Earn

To encourage users to write fair reviews without any prejudice, DonBangSeok incentivises customers for writing the best review.

We conduct a voting mechanism to pick the best review. Other customers on the platform may agree or disagree with the review by liking/disliking it. Then, a voting mechanism is conducted to pick the best review.

Before purchasing a product, a customer can go through the best review as it is liked/supported by many other customers.

In the module, users can vote on a review by placing a bet and receiving a proportional amount as a reward.

Vote and Earn Game Structure

In the module, users can vote on a review by placing a bet and receiving a proportional amount as a reward.

1. After winning brand tokens by participating in an event, a user redeems the tokens at the advertiser's online/offline stores by buying one of the advertiser's products.

2. Now, a user can earn IDC by posting a review about his experience on the product he bought from the advertiser.

3. The review is active for a week, where other users can like/dislike the review.

4. Five posts are picked for voting based on a score computed from the number of likes and dislikes.

5. The top five posts are active for a week, where other users can bet IDC Tokens on the best review.

6. After the voting period ends, the post receiving the highest amount of IDC Tokens is declared the best post.

7. All the users who have placed a bet on the best post will receive IDC Tokens. The amount of game tokens received by a winner is proportional to his bet. The creator of the top post also gets a portion of the reward.

The formula for computing the bet received by a user is as follows:

Let $T$ be the total bet amount of IDC Tokens received for all the review points

Let $A$ be the bet received for the best review.

Let $B$ be the intermediary quotient.

Let $bid$ be the amount deposited by a user on the best post.

Let $W_{u}$ be the amount received by a user for placing bet on a winning post.

Let $W_{c}$​ be the amount received by the creator of the winning post.

$B = T-A$

$W_{c} = B \times10\%$

$W_{u} = bid + \frac{bid}{A} \times(B\times90\%)$

If all the bets are placed on a single post, B becomes zero, and neither voter nor creator receives a reward.

After writing a review, a purchaser can share his review through social media applications to get attention, thereby increasing the chances of getting into the top five posts.