Hey everyone! The Learn2Earn kickoff has exceeded our expectations! Wow! We just absolutely love seeing all of the projects that are submitted from all over the world. All we ever wanted with Blue Studios is to create a community that learns, builds, and creates together every single day. The number of you who have been submitting projects since Day 1 is truly awesome. We take our hats off to you and your families for participating. It makes us want to work harder and every single word of encouragement on our Twitter channels means the world to us.
In thinking about improving it, we originally had a $50/day prize pool, and now it’s $150/day prize pool because we were so encouraged by the progress and we wanted incentives to align with the magnitude of the impact and excitement we had for this project. One challenging aspect of it is, by sending ETH daily to your accounts, we’re paying more in gas fees than we’d like, and rather get more money to the actual students and families who are creating the projects! So we’ll give it another seven days, but we’re proposing that starting for the week of February 7th, we make a weekly total payment to the wallets of the participant and because we save money by having one transaction per wallet per week, we can raise the daily prize pool to $200/day, or $1400/week. By that standard, that’s over .5 ETH per week for our community! And because our participants are growing more and more every day, this allows us to keep increasing the total daily prize pool and it helps us out administratively because staying up until 2 and 3 am local time to get everyone their ETH just isn’t sustainable on our mental health. We need sleep! And what we’ll do is have a shared Google Sheet where you can see real-time all of the payments, pending payments, and we can include all of the transaction hashes so it’s transparent, fair, and organized. So make sure you tell others about this opportunity and get them to buy some Bellas so we can keep this going!
Another aspect we hope to launch sometime in February is a “Burn2Earn” community challenge where like our Learn2Earn, we have a prize pool for our community to participate in some rewards for working out over 30 minutes or doing something for their mental health like meditation for 30 minutes. We’re still working on the mechanics but we’ll share those when it becomes available! Healthy minds and bodies as much as possible, and we’ll work on other mechanics to ensure it’s as inclusive and fair for anyone to participate so everyone who would like to participate can, but having enough equity for those who may have any physical challenges. Much more to iron out!
And lastly, we’re about a month away from launching our Proof of Learning Experience Protocol to document all of your learning experiences through the Blueniverse and create a platform to integrate with other learning experiences IRL. This will create the world’s first minting platform around learning (using polygon) and allow you to share and claim your work on the blockchain. So imagine you create a project for the #BellaChallenge, you could mint that as an NFT, share it with others, and over time, we can add utility and other experiences based on participation. Think POAP, but unlocking opportunities around learning experiences. This will be a gamechanger for our community as we continue to be innovative leaders in what education in the future SHOULD look like. You’ll be able to save your work as an NFT and have a public record of how you’ve learned over time. And maybe, just maybe, when you’re looking for jobs, internships, and opportunities down the road, you can send them over your NFT to check out. More details coming soon, but as everyone says, this is just the beginning!
#BelieveinBella 💙