CoralApp Points
1. Introduction to Coral Points
Coral Points are a virtual reward mechanism launched by the CoralApp platform. Users can earn points by completing tasks, participating in activities, purchasing phones, and more. These points can be used to redeem specific rewards or privileges. The design of the points system aims to enhance user engagement and loyalty.
2. Rules for Earning Coral Points
Coral Points Distribution Date: November 5th.
Airdrop for Regular Users
Users with 10,000 to 12,000 devices: Can receive an airdrop of 7 Coral Points per day.
Over the two-month airdrop period, each device corresponds to 420 points, totaling 5.04 million Coral Points.
Users with 12,000 to 20,000 devices purchased: Can receive 5.5 Coral Points per day.
Each month, each device corresponds to 330 points, totaling 2.64 million Coral Points.
Points Allocation for Agents
Agent rankings will determine rewards for 35 positions, categorized into A-level and B-level agents:
Top 5 A-level agents: Receive 2,000, 1,500, 1,300, 1,100, and 800 Coral Points, respectively.
Top 30 B-level agents: Receive the following points:
Ranks 1-3: 3,500, 2,800, and 2,000 points.
Ranks 4-6: 1,500, 1,200, and 1,000 points.
Ranks 7-15: 500 points.
Ranks 16-30: 200 points.
First Phase Rewards for A-Level Agents (9 weeks):
Weekly rewards total 6,700 Coral Points, with a cumulative total of 60,300 points.
First Phase Rewards for B-Level Agents (9 weeks):
Weekly rewards total 19,500 Coral Points, with a cumulative total of 175,500 points.
3. Rules for Using Coral Points
Coral Points can be exchanged for Coral Tokens at a 1:1 ratio.
Coral Points support transfer functionality, allowing users to transfer points to other Coral users.
Subsequent airdrops will be mapped according to Coral Points.
Coral Points can be used to redeem airdropped assets, with the exchange ratio adjusted based on platform rules.
Coral Points can be used to redeem Coral Phones. The current standard is 650 points for one Coral Phone.
4. Special Notes on Coral Points
Coral Points can be claimed on the Coral official website. Users must log in with the wallet linked during their Coral Phone purchase.
Coral Points and Coral Tokens have a 1:1 exchange ratio.
5.Coral Token Application Scenarios
1. In-App Purchases Coral tokens can be used to purchase applications and services within the CoreApp platform, offering discounts and unlocking access to high-quality content.
2. Unlocking Premium Features Users can use Coral tokens to access premium features and customized services on the CoreApp platform, enhancing productivity and user experience.
3. Payment of Transaction Fees Coral tokens can be used to pay transaction fees within the platform, offering discounts and reducing user costs.
4. Decentralized Governance Coral token holders can participate in platform governance, voting on important decisions and influencing the ecosystem's development.
5. Proposal Submission Users can submit proposals using Coral tokens, driving platform improvements and feature optimizations.
6. Staking for Rewards Users can stake Coral tokens to earn additional rewards, achieving passive income and improving platform liquidity.
7. Liquidity Provision By providing liquidity with Coral tokens to decentralized exchanges (DEXs) or DeFi platforms, users can earn rewards and returns.
8. Exclusive Access Coral token holders can unlock exclusive activities and customized services on the platform, enjoying special privileges.
9. VIP Programs Long-term Coral token holders can join VIP programs, receiving exclusive support, benefits, and higher returns.
10. Early Access Coral token holders can gain early access to new features and products on the platform, enjoying priority rights.
11. Marketplace Transactions Coral tokens can be used as a payment tool for goods and services transactions within the platform, facilitating trade and circulation.
12. Advertising Services Businesses and individuals can use Coral tokens to pay for advertising services on the platform, increasing exposure and brand visibility.
13. Token Burns The platform regularly burns a portion of Coral tokens to reduce market supply, enhance token value, and stabilize the ecosystem.
The diverse application scenarios of Coral tokens cover areas such as daily transactions, governance participation, reward acquisition, and platform services, enabling users to fully immerse themselves in the Web3 ecosystem.
6. Frequently Asked Questions
Q: How can I earn Coral Points?
A: You can earn Coral Points by participating in airdrops, purchasing Coral Phones, or receiving agent rewards.
Q: How can I redeem Coral Points?
A: Coral Points can be exchanged for Coral Tokens, phones, and other platform rewards. Please follow official announcements for detailed redemption rules.
Q: Do Coral Points expire?
A: The validity period of Coral Points is determined by the platform. Currently, no expiration date is set, but it is recommended to use them promptly to avoid potential rule changes.
Q: Can Coral Points be transferred?
A: Yes, Coral Points support transfer functionality within the platform. Please refer to the user manual for detailed instructions.
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