Cover photo

Unlocking Onchain Potential: Bren’s New Vision for Rewarding Real-World Contributions

Transforming Creativity into Value: How Bren Aligns Incentives for Onchain Communities


Introduction to Bren

Bren's creative reputation and incentives system is transforming how Onchain creators and builders interact with their communities. Bren simplifies the process by automating point distribution based on Onchain contributions, freeing users to concentrate on producing high-quality work. In addition to increasing earning possibilities through routine financial transactions and swaps, this system also easily interacts with Farcaster and Telegram. Bren promotes a more significant decentralized ecosystem by giving creators the freedom to expand their ideas and rewarding sincere efforts.

What is Bren?

Bren is a rewards and reputation system designed specifically for the Onchain environment. It is designed to assist creators and builders in receiving credit and compensation for their work. Bren places a high value on human-driven work in decentralized technology, making sure that artists may exhibit their creations, establish their reputations, and receive significant rewards in the blockchain industry.

Unveiling Bren’s Vision: What Drives Bren Forward

Their goal is to create a reputation system that allows innovators and builders to access the Onchain economy. They hope to open up new possibilities for people to develop, work together, and receive recognition for their efforts in the decentralized Onchain realm by developing a system that recognizes and pays their contributions.

Unveiling Bren’s Mission: Empowering Creators and Builders

Their goal is to ensure merit-based capital allocation in the Onchain economy. They are committed to creating an efficient, transparent, and equitable system that makes sure the most valuable contributors receive just compensation. By doing this, they want to improve the decentralized economy's resource distribution and make it more advantageous for all.

Insights Gained from Bren V1

After less than three months of development, Bren quickly established itself as a Most Viable Product (MVP), emphasizing its immediate effect and great potential within the Onchain ecosystem. Three important lessons were brought about by Bren V1:

  1. Manual Procession: Using manual procedures to assign points turned out to be ineffective and error-prone. Points can be manually assigned, which slows down the system and increases the possibility of human error. This makes the system less dependable and more difficult to expand. In order to adequately compensate donors without the mistakes or delays brought on by human labor, they are trying to develop a better way to make this system faster and more precise.

  2. Quality Control: In order to uphold the community's standards, quality control emphasized how crucial it is to draw in the correct audience. By concentrating on drawing in the appropriate audience and upholding high standards for their community, they stress the significance of quality control. Their top goal is to make sure that the network's members are actually developing and producing worthwhile, outstanding Onchain apps, rather than attempting to scale quickly. In order to support the expansion and uptake of the Onchain ecosystem, these apps ought to be able to onboard regular users. The development and integrity of the community may be jeopardized in the absence of the proper audience.

  3. The significance of community integration lies in the fact that conversations within the community are not restricted to Farcaster alone. Additionally, a lot of discussions happen on Twitter and Telegram. For community members to remain engaged and participate in meaningful ways, it is crucial that they are present at the events where these discussions are taking place. This promotes a more cohesive and engaged community by enabling users to reward one another and themselves across many platforms. By ensuring that the system becomes a natural part of how users interact with the Onchain ecosystem, this integration helps raise awareness.

Exciting Updates in Bren V2

Discover the Four Exciting Key Changes Introduced in Bren V2:

  1. Exclusive Eligibility: This means that only authorized builders and creators are permitted access to the network through a verification process. By limiting access to those who are actually adding value, the network can maintain a high standard of quality. This is achieved by being deliberate and discriminating about who is granted access.

  2. The Bren API's introduction, which will automatically distribute points depending on a user's Onchain activity, is known as "automated earning." Without the need for human point distribution, this API will evaluate the caliber of Onchain contributions and actions and then award users appropriately. This strategy guarantees that users receive just compensation for significant Onchain activity in a timely and reliable manner.

  3. Expanding the ways users can earn Bren, such as through apps made by other "Onchain Dreamers" (builders and creators in the Onchain ecosystem), is referred to as "diversified earning opportunities." By creating initiatives and experiences that increase the number of users and practical applications in the Onchain ecosystem, they hope to increase the number of opportunities for people to earn Bren. This strategy rewards creators for their efforts in expanding the decentralized network while promoting a greater variety of significant contributions to the ecosystem.

  4. In order to promote development and involvement, community integration entails utilizing pre-existing community structures, such as authorized Telegram groups. They intend to launch additional opportunities to earn Bren on several platforms, starting with Telegram, and are starting with the Onchain Dreamers city chapter. Bren has made it feasible for members to earn and tip Bren directly within these allow listed groups because many Onchain users are active across numerous Telegram channels. This integration broadens the network's reach across other platforms by enabling community members to interact, earn, and trade Bren on Telegram without being entirely dependent on Farcaster dispersed network.

Seamless Integration with Onboard

Joining Onboard is an exciting moment, particularly now that Bren is a part of the platform. Every action is considerably more interesting and fulfilling since users can now receive prizes for finishing particular transactions. Because they will be compensated for their contributions, users will be more motivated to stay active and complete more transactions on the platform as a result of this integration. Participation is only one aspect of it; another is earning money and receiving recognition for your efforts. Bren's primary areas of focus are platforms and decentralized networks:

  1. Automated tracking: With Automated Tracking enabled by the Bren API, onboard is set to become even more intelligent. You may concentrate on participating and contributing while the system handles rewarding you thanks to this feature, which will automatically track and reward users for their activity on the site. Without requiring any further work from you, every interaction you have is automatically recognized, adding excitement and satisfaction to the experience!

  2. Increased earning possibilities: A whole new realm of earning potential has just been made available by Onboard! In addition to regular activities, users can also earn Bren through regular financial transactions including card spending, swapping, and more. You're not simply spending money when you make a transaction; you're also making money, which makes your financial activity fulfilling. Building up Bren while you explore the Onchain world is now simpler and more thrilling thanks to this expansion!

  3. Impact on the actual world: Bren's integration with Onboard has given your regular Onchain operations a tangible effect. Bren pays you in real time for your achievements, whether you're making purchases or giving back to the community. As a result, your interactions on the Onchain are now more than just digital activities; they are significant contributions that result in material benefits, increasing the significance and satisfaction of your engagement at every stage!

  4. Ecosystem growth foundation: By creating opportunities for collaborations with other apps and services, this integration creates the framework for dynamic ecosystem growth. It's not merely a one-time feature; rather, it serves as a basis for extending Bren's reach and opening doors for cooperation throughout the Onchain community. This design is revolutionary for both users and builders because it offers countless opportunities for earning, participating, and connecting with other platforms.

Onboarding is more intelligent and lucrative because to the incorporation of Automated Tracking and increased earning potential using Bren API. Through platform interactions and regular cash transactions, users may now easily earn Bren, converting their deeds into worthwhile rewards. In addition to improving individual experiences, this integration opens the door for ecosystem expansion, creating the conditions for fascinating collaborations and limitless possibilities in the Onchain universe.

Your Next Move: Take Action Now

Participate in Bren's thrilling adventure!

  1. Give Your Thoughts: Bren wants to hear from you as it develops! Your feedback on the suggested modifications will help mold the platform's future and guarantee that it satisfies community needs.

  2. Greetings, Builders: This is your opportunity if you're a creator hoping to advance your idea! Get in touch to find out how incorporating Bren can improve your business or app and add even more benefits to the Onchain ecosystem. It was an invitation to unite and influence the future.

Conclusion:

Bren is a significant development in the Onchain ecosystem, enhancing the experience for builders and artists by fusing automated tracking with a variety of revenue streams. By recognizing contributions from the real world, its partnership with Onboard and other platforms not only allows users to earn Bren through routine actions but also improves community relationships. Community input will be essential in directing the ecosystem's development as Bren lays the groundwork for future expansion and collaborations. In order to promote cooperation and creativity, we extend an invitation to builders to utilize Bren in their projects. By working together, they can create a thriving ecosystem that encourages significant contributions and gives users the tools they need to succeed in the Onchain environment.

Subscribe to louis henry and never miss a post.
##onchaintechnology##bren##defi##decentralizedecosystem##web3##blockchaincommunity