$WOOD is Modak's native token implemented in the Modak Town Ecosystem
How to earn $WOOD
$WOOD rewards range from individual action to social engagement, and fall into two categories:
1. Platform Engagement
Video Meetings: your participation in Modak room and Campfire room counts (up to 5 $WOOD/day)
Possible Use Cases in the Future
As product and community mature over time, Modak envisions profound rewarding systems as below:
Tipping other users: Recognizing valuable contributions and enriching the platform's social dynamics.
Donating to charitable causes: Empowering users to support causes they care about while earning rewards.
Organizing virtual meetups: Creating engaging events that foster connections and promote knowledge sharing.
Establishing marketplaces for unique items: Facilitating the exchange of rare or valuable goods among users.
2. Loyalty Rewards
Daily Check-in*: 1 WOOD/day
Referral: when your friend completes the sign-up, both you and your friend can get rewards (2.5 $WOOD/person)
*side note: this reward is offered only for a limited period; it can also discontinued without prior notice.
With its emphasis on quality interactions and genuine connections, Modak's S2E platform is poised to revolutionize Web3 communication, transforming online interactions into meaningful experiences.