Introducing the DECKS Token: Empowering DecaHack Participants and Supporters

ICP.Hub Sahara, the official West African Hub for Internet Computer Protocol (ICP), is excited to introduce the DECKS token—a novel initiative designed to enhance engagement, reward participation, and foster community growth within the DecaHack initiative. DecaHack, a blockchain bootcamp and hackathon focused on West African campuses, has already established a robust community and given rise to several successful startups. The DECKS token aims to further incentivize participation and create a sustainable ecosystem where everyone benefits from shared success.

Understanding the DECKS Token

The DECKS token is not an Initial Coin Offering (ICO) but a reward system designed to recognize the contributions of DecaHack participants and supporters. The tokens will be airdropped to the wallets of registered supporters and DecaHack participants, providing holders with a continuous stream of token airdrops from successful projects emerging from DecaHack hackathons.

Vision and Goals

The DECKS token aims to:

• Reward Participation: Recognize and reward the contributions of DecaHack participants and supporters.
• Foster Community: Strengthen the sense of community and shared success among members.
• Sustain Growth: Provide a sustainable funding mechanism for ongoing and future initiatives.

Token Mechanics

Token Distribution

• Airdrops: DECKS tokens will be airdropped to the wallets of DecaHack participants and registered supporters in each cohort until the token supply is depleted.
• Allocation: Each DecaHack project is required to airdrop at least 10% of their total token supply to DECKS holders, ensuring continuous rewards for the community.
• Total Supply: The total supply of DECKS tokens is fixed at 500 million.
• Initial Distribution: DECKS tokens will be distributed to participants and supporters in a phased manner over multiple cohorts.
• Endless Rewards: Holders of DECKS tokens will receive a continuous stream of airdrops from all DecaHack final projects.
• Project Commitment: Each project emerging from the hackathons will allocate a minimum of 10% of their token supply for airdrops to DECKS holders.

Eligibility and Criteria

To be eligible for the DECKS token airdrop, participants need to follow these steps:

1. Generate an ICP Wallet Address: Create an ICP wallet address using the NNS wallet.
2. Promote the Project: Tweet about the DECKS token project and the DecaHack initiative.
3. Submit Details: Complete a form that includes the link to the tweet and the ICP wallet address. The form will be provided in due time for all who is interested.

Additionally, tokens will be allocated to venture capital companies and other significant supporters within the ecosystem to further bolster the projects.

Benefits of the DECKS Token

1. For Participants and Supporters

• Incentives: DECKS tokens provide tangible rewards for participation and support, encouraging active engagement.
• Shared Success: As projects succeed, DECKS holders share in the success through token airdrops, fostering a sense of community and collective achievement.

1. For Startups

• Exposure: Airdropping tokens to DECKS holders provides startups with exposure to a supportive and engaged community.
• Support: Startups benefit from the backing of a community that is motivated to see them succeed, potentially leading to greater collaboration and innovation.

1. For the Community

• Sustainability: The continuous stream of airdrops ensures the community remains vibrant and engaged, supporting long-term growth and sustainability.
• Ecosystem Growth: By tying the success of projects to the broader community, DECKS fosters an ecosystem where everyone benefits from shared success.

1. Governance and Security

• Community Involvement: DECKS holders will have the opportunity to participate in governance decisions, ensuring transparency and inclusivity.
• Voting Mechanisms: Implement voting mechanisms that allow DECKS holders to influence key decisions, such as project selection and allocation of resources.

Roadmap

Phase 1: Initial Launch

• Token Design: Finalize the design and mechanics of the DECKS token.
• Smart Contract Development: Develop and audit the necessary smart contracts.
• Community Communication: Launch a comprehensive communication campaign to inform and engage the community.

Phase 2: Airdrop Distribution

• Initial Airdrop: Distribute the first batch of DECKS tokens to participants and supporters.
• Project Partnerships: Establish agreements with participating startups, VCs, partners etc for future airdrops.

Phase 3: Continuous Growth

• Ongoing Airdrops: Implement the continuous airdrop mechanism for all future DecaHack projects.
• Community Governance: Introduce decentralized governance mechanisms to involve DECKS holders in decision-making.

Phase 4: Ecosystem Expansion

• Broader Integration: Explore opportunities to integrate DECKS with other blockchain initiatives and ecosystems.
• Sustainability Initiatives: Develop additional initiatives to support long-term sustainability and growth.

The DECKS token represents a novel approach to rewarding participation and fostering community within the DecaHack initiative. By providing continuous airdrops from successful projects, DECKS ensures that the community shares in the collective success, driving engagement and sustainability. We invite you to join us in building a vibrant and supportive ecosystem that benefits all participants.

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This article is intended for informational purposes only and does not constitute financial or investment advice.