# SocialFi

SocialFi There are five roles in the BULL ecological architecture: individuals, communities, communities, blockchain institutions, and platforms.

personal

Blockchain and digital currency users can join or create communities. Each ID has and can only create one community.

community

The community is the grass-roots organizational unit in the ecology, and a simple understanding is each group. We call the creator of the community the community node person, also called the group owner. The group owners will gather together with common needs and fans, and realize it through the carrier in the form of an efficient instant messaging group. Members of the organization's community interact in chat groups. The group owner of the community can choose to settle in a certain community. When the community members make contributions or complete tasks in the community to obtain Token rewards, the group owners of the community will also receive Token rewards accordingly.

Community

The community is the core structure of the BULL ecosystem. It consists of several communities. After 10 qualified communities have been cultivated, they can apply for the establishment of a community. We are also called community creators. It is realized through a carrier composed of tools such as Timeline, live learning, interactive communication, and task center. Community creators can go to the task center to receive tasks issued by the blockchain organization, convert the value of attention and activity in the community into the value of completing tasks, and make profits by obtaining task rewards. Community creators can add advertisements in the community advertisement column to achieve business returns through traffic monetization and ecological consumption.

Blockchain institution

Blockchain organizations need to reserve a certain amount of Tokens in advance to issue tasks, set up community contribution reward projects and parameters, calculate the contribution of community members through the AOD algorithm (Algorithm of Devote), and use smart contracts to reward Tokens to motivate community members to contribute to the community. Contribute to promote the growth of the self-community and enhance the stickiness and activity with community users. The community reward pool system performs an incentive distribution calculation every 24 hours, and according to the calculation results, the reward Tokens are automatically distributed to the personal wallets of community members and their affiliated community nodes.

BULL platform

The platform operated by the community foundation, while ensuring the healthy operation of the BULL ecosystem, attracts more individuals and community organizations to join the BULL platform through the community co-builder incentive mechanism. Through various product functions and underlying technologies, community users and community creators are driven to build an autonomous ecological community platform.


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