Layer

Quakecore Layered Token Reward Model

We target an ROI for Quake IOT Device Owners of approximately 1 Year if operated continuously in Earthquake high-risk Areas (Tier1).

The Quakecore Network uses a layered token reward model, designed to incentivize the deployment of Quake IoT Devices for earthquake detection. This model rewards individuals, institutions, and organizations that contribute to the network’s coverage and effectiveness. The reward distribution is based on proximity to active Quake IoT Devices, as well as the quality and consistency of the data provided.

Layered Reward Tiers

1. Layer 1: Quake IoT Device Owners

   • Description: Individuals, businesses, or institutions that deploy and operate Quake IoT Devices in their vicinity are directly rewarded with QCT tokens. The rewards are proportional to the device’s contribution to the network, including factors like uptime, data accuracy, and location significance in detecting seismic activity.

   • Reward Mechanism:

     • Proximity-based Rewards: The closer a device is to critical fault lines or high-risk seismic zones, the higher the rewards.

     • Data Quality and Consistency: Devices that provide more accurate and consistent data over time will receive higher rewards.

     • Example: A Quake IoT Device located in an earthquake-prone region, with consistent uptime and accurate data, receives higher rewards compared to a device in a low-risk area with less reliable data.

2. Layer 2: Nearby Supporters

   • Description: Users or entities within a specific proximity to active Quake IoT Devices can also earn QCT tokens. These rewards are designed to incentivize the broader community to participate in and support the network by enabling device hosting or contributing to the data verification process.

   • Reward Mechanism:

     • Proximity-based Scaling: The closer a user is to an active Quake IoT Device, the more QCT tokens they can earn.

     • Participation: Users can earn rewards by hosting devices, helping with device maintenance, or participating in data verification processes. Active participation in maintaining network health increases rewards.

     • Example: A university or local business hosting a Quake IoT Device within their building and assisting with its maintenance earns QCT tokens as a supporting entity.

3. Layer 3: Government Agencies and Universities

   • Description: Government agencies, universities, and research centers that contribute to the network by providing critical seismic data and supporting the installation of Quake IoT Devices are rewarded. These institutions play a key role in enhancing the network’s accuracy and reliability.

   • Reward Mechanism:

     • Institutional Contribution: Rewards are distributed based on the institution’s level of involvement in seismic monitoring and data sharing. Institutions with larger networks of Quake IoT Devices or those providing high-quality, verified data receive higher rewards.

     • Collaborative Projects: Universities and government agencies participating in collaborative earthquake research projects with Quakecore receive additional rewards for their contributions to the network’s development.

     • Example: A government agency that operates a network of seismic sensors in collaboration with Quakecore receives QCT tokens proportional to the data quality and coverage they provide.

4. Layer 4: Earthquake Research Centers

   • Description: Specialized earthquake research centers that collaborate with Quakecore to provide seismic data and expertise are rewarded. These centers are often critical in validating and improving the network’s early warning systems.

   • Reward Mechanism:

     • Data Contribution: Research centers that contribute large amounts of validated seismic data or participate in refining the network’s detection algorithms are rewarded with QCT tokens.

     • Advisory Role: Centers that act as advisors or provide guidance on earthquake preparedness and detection strategies also receive rewards.

     • Example: An earthquake research center that collaborates with Quakecore to enhance the network’s data accuracy and help refine its algorithms receives a significant portion of QCT tokens.

Reward Distribution Structure

• Monthly Distribution: Rewards are distributed on a monthly basis, based on the performance metrics of each layer.

• Performance Metrics:

  • Device Uptime: Ensuring that devices are operational and transmitting data consistently.

  • Data Accuracy: The quality of the seismic data provided by the devices.

  • Network Contribution: How much each device or institution contributes to the overall network coverage.

• Token Allocation:

  • 50% of rewards are allocated to Layer 1 (Quake IoT Device Owners).

  • 25% of rewards are allocated to Layer 2 (Nearby Supporters).

  • 15% of rewards are allocated to Layer 3 (Government Agencies, Earthquake Research and Universities).

  • 10% of rewards are allocated to Layer 4 (Supporters Government Agencies, Earthquake Research and Universities).

Example of Reward Allocation

• Quake IoT Device in San Francisco: A device in a high-risk area like San Francisco, providing consistent data, will receive a higher share of rewards compared to a device in a less active area.

• Local University: A nearby university hosting a device and contributing to data verification receives a share of the Layer 2 rewards, plus additional rewards for maintaining and supporting the device.

• Earthquake Research Center: A specialized center that collaborates with Quakecore by providing high-quality seismic data and helping improve the network receives a significant reward under Layer 4.