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Kudos

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Ethereum
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What is Kudos?

Kudos — the easiest way to use open source to show appreciation for another person. This is done simply with genuine, unique compliment tokens. Developers create space on the Ethereum blockchain for all kinds of compliments to other project participants.

Contents:

Kudos dapp

Brief information about Kudos

Kudos - special tokens on the Gitcoin platform that represent unique images. Gitcoin is building a network of jobs and strives to be in the first place and create many new professional relationships faster. Developers were looking for a way to match external rewards with internal rewards for doing a specific job. In addition, Gitcoin has partnered with Cellarius Universe to create original collectible icons in the Cellarius Art style.

Differences from other platforms:

1 get to know the people you worked with.
2 build long-term relationships
3 understand other gitcoiners skills
4 see who gitcoiners collaborated with
5 work with an open source
6 send praise as a tip

ERC-721 - a standard, developed by the Ethereum Foundation, that can help to generate intangible tokens (NFT). The most famous example of this - Cryptokitties, but there are many other applications out there. Despite the fact that there is no smart contract audit here, the fairness of the project is confirmed by the work of the blockchain and decentralization. The developers do not provide a Roadmap and White Paper, but they maintain a blog that reflects innovations on the platform and other useful information.

Economics of the dapp platform

For the price of a postage stamp (about 45 cents), you can send a beautiful piece of art, backed by a token (NFT) to any member. Each object is a limited edition, owned by the Ethereum blockchain. The token has a beautiful piece of art that your collaborator can display on their Gitcoin profile or on any ERC 721 wallet. There are many different cards available for purchase on the market right now. But the platform doesn't stop there.

The developers are happy to incentivize people to create more liquidity in the market by releasing new beautiful works of art.Kudos

Every artist, who creates Kudos and puts it on the market, will receive any ETH from those who purchase it on the blockchain securely and directly. There is no referral system and other bonuses here. Each card has its own “price”, and when you buy a token in the store, the money goes to the author of the work immediately. In addition, each token has a limited production run. For example, an artist can create an image with a production run of 1000, cost 45 cents and expect a net profit of 1000 * 0.45 = $ 450 when these objects are sold out.

How do I use Kudos?

Lots of Kudos are already available on the site. How to choose a card:

  1. Decide on the topic for which you need to choose an image.
  2. Browse the Marketplace to find the Kudos that's right for you.
  3. With the selected item, click Submit and enter your Github username to send it directly to your friend.

Pay for gas, after which your compliment will go to the user. Kudos can be gifted to you by any other Gitcoin contributor. You can also purchase a card through the marketplace and send it to any other user. When you submit to Kudos, they receive an email notification. After they accept the token, it will be minted on the blockchain and delivered to the recipient. To follow the latest news and communicate with like-minded people, subscribe to social networks: Facebook and Twitter.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.