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On April 6, it was reported that RabbitHole, the online operation incentive platform of Web3, announced the launch of ETH Earned. Users will receive ETH rewards after completing tasks on RabbitHole to build a new online reputation system. The use cases of ETH Earned include task qualifications, resistance to witch attacks, wallet ratings, access to exclusive platforms, governance weights, motivational learning, and access to token airdrops.

RabbitHole launched ETH Earned to build a new reputation system on the chain

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# RabbitHole’s ETH Earned: Introducing a New Online Reputation System

Introduction

On April 6, 2021, RabbitHole – an online operation incentive platform of Web3 – announced the launch of its new platform called ETH Earned. With ETH Earned, users can complete tasks to earn ETH rewards and build a new online reputation system. The use cases of ETH Earned are incredibly diverse and include task qualifications, wallet ratings, resistance to witch attacks, governance weights, motivational learning, access to exclusive platforms, and access to token airdrops.

What is RabbitHole?

Before we dive into the specifics of ETH Earned, let’s discuss RabbitHole – the online operation incentive platform on which ETH Earned has been created. RabbitHole is a platform that enables individuals to unlock new features, learn new skills, and explore different crypto platforms while earning rewards and maintaining their privacy. It uses gamification to incentivize users to engage with different platforms and steer them away from less engaging alternatives.

ETH Earned and its use cases

ETH Earned is a new addition to RabbitHole’s platform that provides users the ability to earn ETH rewards for achieving specific tasks. Upon completing these tasks, users can gain points and improve their overall rankings on the platform. There are numerous applications of the new online reputation system, some of which are outlined below.

Task qualifications

ETH Earned can be used for task qualifications. Any task on RabbitHole’s platform requires a certain skill set, knowledge, or experience. With ETH Earned, users can demonstrate their expertise on a particular topic and qualify for even tasks requiring specialized expertise.

Wallet ratings

ETH Earned can improve wallet ratings as well. The RabbitHole platform tracks user performance and checks the user’s wallet history, ensuring that only users with legitimate wallets and transactions earn ETH. This will help reduce the number of fraudulent wallets and prevent users from receiving rewards for improper activity.

Resistance to witch attacks

ETH Earned can help users resist witch attacks. Witch attacks are a common occurrence that RabbitHole is trying to prevent. With ETH Earned, users with a higher online reputation score are less susceptible to witch attacks and can participate safely in the different tasks on the platform.

Governance weights

The online reputation system can be used for governance weights as well. Governance weights measure the amount of influence users have on decisions made on RabbitHole’s platform. Users with a high reputation score will have more weightage in decisions than those with low reputation scores.

Motivational learning

ETH Earned can also be used to promote motivational learning. To improve their rankings on RabbitHole’s platform, users must learn new skills, take part in new challenges, and explore different crypto platforms. This will help immerse users in the world of crypto and increase their knowledge.

Access to exclusive platforms

Through ETH Earned, users can gain access to exclusive platforms. RabbitHole is in collaboration with numerous top crypto platforms. Through ETH Earned, users can unlock exclusive access to these platforms and expand their experience.

Access to token airdrops

Finally, ETH Earned makes it possible for users to gain access to token airdrops. Many platforms distribute tokens to users based on their ETH holdings or airdrop qualifications. With ETH Earned, users can increase their airdrop-qualification chances and receive more tokens overall.

Conclusion

ETH Earned – RabbitHole’s new online reputation system – has exciting implications for the world of crypto. It incentivizes users to learn new skills, explore different platforms, and engage in various tasks. With the ability to qualify for tasks, improve wallet ratings and resist witch attacks, users can participate more safely and securely. Users can also gain governance weights, improve their knowledge through motivational learning, access exclusive platforms, and gain access to token airdrops. Overall, RabbitHole’s ETH Earned marks a significant milestone for the future of online crypto communities.

FAQs

1. What is RabbitHole?

RabbitHole is an online operation incentive platform that enables individuals to unlock new features, learn new skills, and explore different crypto platforms while earning rewards and maintaining their privacy.

2. What is ETH Earned?

ETH Earned is a new online reputation system added to RabbitHole’s platform. It provides users the ability to earn ETH rewards for achieving specific tasks, building their overall rankings, and benefiting from numerous features.

3. What are some potential use cases of ETH Earned?

ETH Earned can be used by users for task qualifications, wallet ratings, resistance to witch attacks, governance weights, motivational learning, access to exclusive platforms, and access to token airdrops.