THX Token lifecycle - a customer journey THX DAICO The goal of any online community differs. Intranets are meant to connect employees and share knowledge from a company. Support communities exist to help customers with their burning questions and in forums personal help is offered to those in need. What makes these communities equal is their need for useful engagement between its members and the recognition of outstanding member behaviour. Current reward systems offer points or badges with gamification. That is great, unless you want to do something with those points in the real world or when you want to show your expert authority in a new community you join.
THX DAICO - Token lifecycle The THX ecosystem revolutionizes the way we reward and recognize the value our users create in any social community using blockchain technology. Wow, that sounds complicated! Well.. it’s really not. Let us give you an example. Libby is the site manager for the intranet of her organization. Each month she purchases THX for a value of 500 dollars. Her THX Wallet is a friendly mobile application where she can store her THX tokens. 2 of 6
THX DAICO - Token lifecycle Since the community is still in a young early stage, Libby decided to reward profile completeness, completing onboarding courses and the creation of new content. So when Alex logs on, fills out his profile and finishes all the onboarding material his wallet now contains his first THX tokens of appreciation! 3 of 6
THX DAICO - Token lifecycle Seeing how his time and efforts are valued Alex decides to share one of the major challenges he is working on and asks for ideas and input from their community. Soon a lively discussion is following online and the given ideation content is highly valued by Alex and the other users resulting in lots of THX being shared! Meanwhile, as community manager, Libby makes sure the tokens are rightfully earned and end up in the right THX wallets. 4 of 6
THX DAICO - Token lifecycle By posting more interesting content Alex’s wallet now contains enough THX to exchange them. Alex is doubting to exchange them for dollars or other cryptocurrency when he decides to spend his THX on a training the company is providing. THX Alex! When the community grows, Alex, together with Libby and his colleagues can vote to reward new behaviour, as say the answering of questions and moderation of replies. This makes sure the community keeps delivering what’s needed when it’s maturing over time. 5 of 6
THX DAICO - Token lifecycle On top of that, rewards and reputation are exchangeable between communities. Meaning you don’t have to start from scratch when entering a new community. People will trust your expertise and you can earn and spend THX in any community you join. You might earn lots of THX answering questions in a support community that you can spend next in an eShop to get a discount on your new smartphone! THX! A token of appreciation. Want to learn more about our revolutionary blockchain technology? Go to THXDAICO.com, download our white paper and join our DAICO! 6 of 6
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