Boon: Key Features and Applications

Welcome to the third installment of our educational series on Boon.

In Article 1 and Article 2, we outlined Boon’s vision and core principles, introducing the concept of AmpliFi and explaining how this would transform the way protocols interact with and reward active community members.

Today’s article will delve deeper into the features and functionalities of Boon, providing an in-depth explanation of the value it will offer to the Kujira and THORChain communities as well as the ecosystem at large.

Let’s get started!

Mission and Reward

To begin, let’s explore one of Boon’s most fundamental yet important features, Mission and Reward.

By empowering community leaders with the means to create missions that streamline efficient participation incentivization, Boon’s infrastructure rewards the fans who deserve it the most; without advantages to bots, insiders, or whales.

In Boon’s framework, blockchain actions are automatically verified, and rewards are distributed upon successful completion through an in-house batch verification system that scans and verifies on-chain actions to guarantee their completion. While seemingly simple at first glance, this allows for several meaningful applications, especially when paired with other features discussed later in this piece.

For instance, let’s explore the first partnership on Boon’s roadmap: The Academy.

One area of the partnership relevant to ‘Mission and Reward’ is the ‘Learn-2-Earn’ (L2E) modules, which will explore a variety of topics tailored to each protocol’s specific needs, aims, and targets, rewarding users for engaging in on-chain activities.

In the case of the Academy, this could be the ‘Blockchain 101’ module (to give an example).

A course like this can encompass specific tasks, including wallet setup, transaction execution, and other vital blockchain activities that contribute to meaningful learning. By incentivizing these tasks, users gain a comprehensive experience, allowing them to learn not only through reading but also through practical, hands-on activities.

Upon completion, Boon’s automated platform can verify participation through anti-bot measures and distribute rewards to new users for learning about and engaging with blockchain technology. So, by the end of the course, graduates will not only walk away with a wealth of knowledge and ready-to-go resources but also a basket of assets that gives them skin in the game.

This is just one example, but the possibilities are truly endless. Project leaders can leverage this for social media activities such as liking, sharing, and engaging with posts, as well as for more specialized applications. More examples might include interacting with various DeFi protocols or monitoring specific blockchain actions to reward active users in meaningful ways, such as distributing whitelists or offering other incentives.

Adding onto this is the next feature in Boon’s artillery: Gamification.

Gamification Features

Incentives and useful tools alone do not maintain user engagement, as demonstrated by many leading Web3 ‘Social-Fi’ platforms such as Zealy.

To enhance this experience, Boon’s platform will feature gamification elements including:

Leaderboard system (XP)
XP multipliers
Tiered membership packages

An Important Note

All of these are supported by a sustainable prize pool distribution system derived from LP rewards.

Leaderboard System

This feature utilizes an XP system designed to rank users based on their activity and achievements which will feature two distinct leaderboards: a monthly leaderboard and a lifetime leaderboard.

These will track user engagement and performance across various tasks and missions. Users will earn points by completing activities to position themselves on the leaderboard, fostering a competitive atmosphere where top-ranking users are rewarded with special rewards and recognition.

XP Multipliers

XP multipliers are boosters that increase the rate of XP earned by users for completing certain actions or missions. These multipliers can be acquired through staking, special events, or as rewards for high engagement. They help users progress faster and unlock rewards sooner, rewarding the most dedicated Booners (kek).

Tiered Membership Packages

Membership packages feature various tiers, each offering distinct benefits tailored to a user’s level of loyalty with each designed to reward users based on their participation. To progress through these tiers, users must complete increasing levels of on-chain tasks to earn XP, unlock rewards, and access exclusive opportunities.

As users progress through these tiers, the tasks required to complete each membership will increase in difficulty, as will the rewards assigned for completing these tasks.

Community Management Features

There are also several ideas in development for community management tools that will help community leaders improve their platforms.

These include:

In-App Event Management

Live Event Scheduling and Management with Recaps: Seamlessly manage virtual or real-world events, including RSVP tracking and ticketing for token-gated events, alongside automated notifications for attendees. Automatically generate recaps that highlight key moments, leaderboards, and standout participants.

Personalized Curation

User-Specific Content Recommendations: Leveraging AI to provide personalized mission, event, or quest recommendations based on user behavior, while also enabling community members to propose missions to community leaders through a Mission Creation Wizard.

Advanced Analytics and Reporting

Deep Engagement & Sentiment Analysis: Offer detailed reports on user engagement patterns by region, demographics, or activities, alongside AI analysis of chats, comments, and feedback to help community managers gauge sentiment.

Specialty Programs

Referral tracking and Ambassador Programs: Rewards both referrers and new users, promoting organic growth and community ties. Additionally, appointing and tracking ambassadors based on XP or engagement fosters strong leadership and aids in managing sub-communities.

Automated Moderation Tools

AI-powered moderation: Offers automated detection of inappropriate content and spam, creating a safe environment without constant oversight.

With all of these features, the vision and potential of Boon become more clear. To top it all off, Boon has a functioning metaverse that adds another layer of depth to the experience as a whole.

The Booniverse

The Booniverse is an innovative metaverse space built using Unreal Engine, designed to provide users with a fully immersive experience through advanced audio and visual technology. This expansive environment facilitates virtual living, enabling seamless engagement and connection among users while fostering a strong sense of community.

In collaboration with The Academy, one of the Booniverse first utilities will be the integration of educational resources about various applications within the Kujira dApps ecosystem, providing users with valuable knowledge and skills to participate in DeFi.

Following the success of Phase 1 with The Academy, Boon will advance into Phases 2 and 3, incorporating real-life applications in sectors such as education and the music industry.

With a focus on driving brand exposure and adoption, the Booniverse targets students, blockchain enthusiasts, and music enthusiasts globally as part of a strategic initiative to establish a presence in diverse communities. The platform will eventually host live events, offering unique opportunities for interaction and enhancing networks between newcomers, superfans, and brands through exclusive engagements like meet-and-greets, live courses, and fan-driven content.

Users can also participate in a gamified experience, earning and redeeming virtual tickets for various events and initiatives within the Booniverse, further elevating user participation and excitement. Furthermore, the integration of the Boon Auction House will allow users to trade, buy, or sell rewards earned through active participation, creating a rich and engaging economic environment that is unprecedented in the blockchain space.

The Booniverse stands as a vital gathering space, encouraging vibrant interactions and strong relationships between communities of superfans and businesses alike. It’s going to be something special.

Closing Thoughts

In conclusion, Boon is transforming the SocialFi landscape by tackling the limitations of current protocols, particularly their challenges in fostering meaningful user engagement and delivering effective incentives.

By offering a diverse range of features and applications, Boon aims to elevate and refine the designs that are currently underperforming.

This initiative has a clear goal: improve the reach and engagement of Web3 through a wide array of real-life applications, including students keen on learning and music enthusiasts eager to connect.

Thanks for reading, and stay tuned for the fourth and final article of this series titled, Boon: A Tokenomics Deep Dive.

Useful Links

Core Documentation

Boon: The Litepaper

Key Content

Socials

Founders

Contributors