/cybergift

Gift for Ethereum, Cosmos, Osmosis and Terra users that will maximize the initial usage of Cyber

Primary LanguageJupyter NotebookMIT LicenseMIT

cyberGift

@groovybear, @mastercyb

cyberGift.mp4

The purpose of this research is to inspire at least 100k power-users of web3 to join the force of learning Superintelligence. To achieve this, we are going to gift 70% of the Bostrom genesis tokens BOOT to agents of Ethereum and Cosmos who are capable of contributing their best to the quality of the knowledge graph. First, we started by highlighting key audiences for establishing network effects and tackling basic chicken and eggs. Next, we balanced out the participation of key actors by splitting them into levels and adjusting allocations within the groups. Then we applied a filter in order to remove toxic fiat brains from the collective thought process. Finally, we added a crucial incentive to act quickly.

The research results are represented by reproducible scripts which output addresses and balances which will be loaded to the claim CosmWasm contract after the launch of Bostrom.

Data source is BigQuery crypto-ethereum dataset by Blockchain ETL.

Research is done on the proposal basis. We hope this research can help pioneer a new wave of thinking in decentralized marketing.

Connecting the Dots

The biggest problem in bootstrapping a blockchain ecosystem from scratch is that it is not enough to attract just users. Established network effects exist between four key groups:

Network Effects

Hence we have to understand how to attract all these citizens simultaneously in order to target healthy organic growth.

In our case that would not be enough. First, Cyber is a content-oriented project. We need to understand how to add content creators to the soup. Second, information on the project has to be propagated somehow to all these guys, so key opinion leaders have to be incentivized. Third, as the Cyber project heavily relies on the interchain idea we have to attract the community behind IBC technology. We also want to add some fun by giving the power to the guys behind weird cyberpunk ideas. Finally, we want to check the credibility of the most trusted liquidity hubs.

Audience Rules

The initial conditions for the allocation of classes were selected based on the analysis of web3 user activity and the need to cover the most web3 power-users.
All distribution rules between levels are calculated in the respective jupyter notebooks.

These audiences were highlighted because their participation is necessary to form a full-fledged ecosystem of the project.

Final Distribution Final Distribution

Based on counting the number of addresses and determining the fair reward of the participants of each audience, the following balanced distribution between them is proposed:

Distribution between Audiences

When an address hits multiple audiences, its reward is cumulative.

An amount of distributed BOOT tokens should be equal for each level within an audience.
The amount of addresses should also be divided into levels for each audience as

Distribution between Levels

Getting the Crowd

The most crowded audience is ETH holders and users. We identified 2 audiences: those who hold, and those who hold and transact. Following the Pareto Principle, our target was to exclude the majority of the most either inactive addresses or addresses with insignificant holdings:

Audience Rule Level Calculations
1 2 3
Average Citizens ETH balance > 0.12 ETH and Amount of outgoing tx > 4 tx > 125 tx > 1,531 tx ETH Analysis
ETH balance > 1 ETH > 29 ETH > 485 ETH

Hunting for Content Creators

The key assumption is that NFT related actions will increase the chance of using cyberlinks because picture owners would love to make them searchable. We decided that all NFT owners deserve attention becasue they are on the edge of web3 technology.

Another important sub-audience is ENS and decentraLAND holders. This group is special because they value ENS and LAND. The only utility of ENS and LAND is to bind content hash. Hence they are the most desired as they prove the intention to create non trivial content.

Masters of the Great Web Amount of ERC721 tokens > 0 NFT > 12 NFT > 160 NFT ERC721 Analysis
Owners of the Selected ERC721 tokens - ENS Gitcoin Kudos or LAND
Fee spending to contracts4, by contract creators, ETH > 0 ETH > 0.004 ETH > 0.477 ETH Gas Analysis
4 including contracts created by factories only

Attracting Astronauts

Bostrom is built using Cosmos-sdk, so attracting Cosmonauts is essential for the project health and interchain expansion. The most crowded and useful chains are Cosmos Hub, Osmosis and Terra. We followed the same Pareto Principle while filtering agents with insignificant holdings.

Astronauts ATOM Balance > 1 ATOM > 180 ATOM > 4,352 ATOM ATOM, OSMO and LUNA Analysis
OSMO Balance > 1 OSMO > 752 OSMO > 24,352 OSMO
LUNA Balance > 1 LUNA > 568 LUNA > 12,364 LUNA

Praying for Hackers

Developers, developers, developers... Success of any protocol is defined by it's ability to attract developers. Luckily Ethereum laid an amazing foundation for the identification of succesfull developers. The gas fee drop method is an unambiguous and provable way to give tokens to the mighty hands.

Extraordinary Hackers Fee spending to created contracts1 by contract creators2 > 0 ETH > 4 ETH > 254 ETH Gas Analysis
Fee spending to created contracts1 by factory creators3 - > 0 ETH > 10 ETH
1 excluding fee from a contract creator address
2 excluding contracts created by factories
3 excluding factories that only created contracts when called from the creator of that factory

Formation of Heroes Corpus

Any PoS network is run by validators. We need to attract the best validators to become heroes for us. We decided to focus on two groups. The first group is genesis Ethereum investors as they were practically successful in building the biggest GPU mining infrustructure on the planet. The second group is Eth2 stakers as they exactly match the profile we need: patience, technical skills and risk appetite.

Heroes of the Great Web Genesis - - only here Genesis and ETH2 Stakers
ETH 2.0 Stakers - - only here

Focusing Investors

We need to bring capital to the table. We decided to narrow the scope to those who invested in at least 2 meaningful ERC-20 tokens we are aware of. Surprisingly there are not so many folks out there with this trait. We assume that this is a profile of the investors we need for success.

Passionate Investors Number of selected ERC20 tokens >= 2 and balance of it > 0.01 ETH > 3 ETH > 55 ETH ERC20 Analysis

Inspiring Key Opinion Leaders

Key figures who connect Ethereum to different audiences are projects that are building on top of Ethereum. Hence giving tokens to those who are able to lead these groups is likely a good idea. So we included into the scope top token holders of selected projects. To our surprise, we found that there is very little overlap between these people, which adds to our hypothesis.

Key Opinion Leaders Top 100 Holders by selected ERC20 Tokens - - only here Top ERC20 Holders

Cyberpunks

There are groups that create a revolution without regard to trends. These groups include Urbit, Foam and Dragonereum. Another interesting group is Donors of Ethereum foundation. We decided to reward them for fun.

Cyberpunks Owners of the Selected ERC20 tokens - - FOAM or GOLD ERC20 Analysis
Owners of the Selected ERC721 tokens - - Unicorns, DRAGON or Cryptopunks ERC721 Analysis
Urbit Owners - - here Urbit Analysis

Understanding Devils

We included the top 10 centralized exchanges to the gift because we want to better understand their behavior.

Leeches 10 CEXes addresses - - only here Assigning Addresses

Excluding Fiat Brains

Addresses based on the fiat system will not be included, namely those that satisfy these two conditions:

  1. Stablecoin balance is more than sum of ETH and selected ERC20 tokens balances
  2. Stablecoin balance is more than 0.1 ETH

Prize to be the First

We've added an incentive to claim the gift early.
There are about 4M addresses in Gift, but we expect that only the first ~1/10 accounts can claim them.

There will be an incentive of 13x for those who claim first, reducing to 7x for those who come last.

Incentive chart

Data Pipeline

Data Pipeline

Gift Execution

cyberGift Execution

Final Distribution

Final Distribution Table

Check your address in:

Result Validation

My name is Maxim Razhev (@ninjascant). I'm a software engineer with 3+ years of experience in blockchain analytics development. I made a manual re-check of queries used here e.g.

  • re-calculating balances on a subset of wallets and comparing with a node output
  • comparing the list of NFTs and other entities with open sources like Etherscan and OpenSea
  • verifying that the data presented in the final tables are consistent with query logic

By making this commit, I confirm that the results of the analysis presented in this repository are checked by me and correct.

Small Gift for Bostrom's Birthday

Since the main Gift cannot be unlocked until we reach the goal (of 100k citizens), the cyber~congress decided to give a small gift. Soon each citizen who claims the gift will receive 1A and 1V for each claimed address. This will enable your contribution to the development of a bootloader for superintelligence immediately. Small Birthday Gift