Social Fair Distribution

On-chain Tag Space is the core of Social DAO.

It allows people to form UGC communities around a Tweet, a Twitter Space, a Tag. People build content and interact socially within the community, and vote to reinforce the values of their community.

15% of the $TagCoin is automatically rewarded to community content builders and social interactors through the Social Fair Distribution Protocol. 5% of $TagCoin is distributed during the Bonding Curve phase and the remaining 10% is distributed 100 days after $TagCoin list on the Dex.

Anyone can post an on-chain tweet or organize a twitter space to contribute to the tag space and earn $TagCoin. The amount of $TagCoin earned is determined by the view of the tweet/space tweet, the votes of community members on the tweet/space tweet (likes and retweets), and the voter's community credit.

Community credits consist of a voter's asset holdings, social reputation, etc. In a simplified version, community credit is positively correlated with $TagCoin holdings.

Note 01: All $TagCoin earned from social fair distribution can only be claimed when the $TagCoin enters the Dex phase.

Note 02: Since the voter determines the distribution of $TagCoin, his/her likes or retweets need to be stored directly in the social protocol, so he/she must register for a web3 social identity. This is done by TipTag for a small fee.

Note 03: TipTag also registers social identities for Bitcoin eco-identity inscriptions bitIP, ENS holders for free, and TipTag pays the registration fee on their behalf.