Summary
The Mythos Foundation, operating as a decentralized autonomous organization (DAO), seeks approval from MYTH token holders to distribute 2,000,000 MYTH tokens to collectors of Blankos NFT items as part of a loyalty rewards program (Blankos Loyalty Rewards). The MYTH tokens will be distributed at quarterly intervals beginning in Q1, 2025, and ending Q4 2025. The proposal seeks to enhance community and build the ecosystem by encouraging the continued loyalty and engagement of community members, in particular, early adopters in the Mythos community from before the inception of the Mythos parachain on Polkadot.
Background 
Blankos Block Party PC, released by Mythical Games, was a pioneering blockchain game with over 4 million installs and nearly 1 million Blanko and Accessories NFTs in circulation. The Blankos PC game was sunset on December 18, 2023, and a new Blankos Mobile game is being developed. Blankos NFT items were available to be traded on the Mythical Marketplace until January 31, 2024, when the market was closed in preparation for the migration to Mythos parachain on Polkadot. On September 30, 2024, the migration of Blankos NFT items to Polkadot was completed, and on October 23, 2024, trading was reopened for Blankos NFT items on the Mythical Marketplace. The Blankos community remains active, and the Blankos Loyalty Rewards program intends to recognize the longstanding engagement of this community and encourage their continued participation in the ecosystem.
Objective 
The proposal is to provide 2,000,000 MYTH tokens as part of a Blankos Loyalty Rewards program, with the objective to enhance community and build the ecosystem by encouraging the continued loyalty and engagement of community members, in particular, early adopters of the Mythos community from before the inception of the Mythos parachain on Polkadot.
Team 
Mythical Games is to be responsible for the administration of the Blankos Loyalty Rewards program, including the setting and/or modifying of the maximum total reward amount per quarter, quarterly activation and evaluation dates, evaluation criteria and individual reward amounts, and the distribution dates. Mythical Games should not have discretion to modify the points system.
Specification 
The Loyalty Rewards program will include a points system that reflects the quality of the Blankos and Accessories in each member&rsquo;s collection. Extra points will be given for early season items, items leveled up in gem rushes, items with low serial numbers and top branded artist collaborations like Burberry. The higher the total number of collection points a member is holding at each determination date, the higher the reward amount they will receive that quarter. The proposed points breakdown can be found below and is subject to change depending on proposal feedback and approval.
Base points based on Item Class
<ul>
<li>Blanko: 3</li>
<li>Accessory: 1</li>
</ul>
Multipliers (stackable)
<ul>
<li>Season
<ul>
<li>Pre-Alpha, Alpha: 8x</li>
<li>Private Beta: 4x</li>
<li>Open Beta: 3x</li>
<li>Early Access: 2x</li>
<li>Season 1, 2, 3, 4: 1x</li>
</ul>
</li>
<li>Grade
<ul>
<li>Gem Mint: 7x</li>
<li>Mint: 3x</li>
<li>Fair, Good, Excellent: 1x</li>
<li>Boxed: 1x</li>
</ul>
</li>
<li>Total Supply (not applicable to Gem Mint or Mint grade items)
<ul>
<li>1-50: 5x</li>
<li>51-100: 3x</li>
<li>101-666: 2x</li>
<li>667+: 1x</li>
</ul>
</li>
<li>Artist
<ul>
<li>Burberry,Deadmau5,Quiccs: 5x</li>
<li>I Like You You&rsquo;re Weird: 5x</li>
<li>Michael Lau: 3x</li>
<li>All others: 1x</li>
</ul>
</li>
<li>Serial
<ul>
<li>#1: 5x</li>
<li>#2-#9: 3x</li>
<li>#10-#99: 2x</li>
<li>All others: 1x</li>
</ul>
</li>
</ul>
For example, the Pug Life #5 item will convey 18 collection points, calculated as
<ul>
<li>3 base points for Item Class: Blanko</li>
<li>2x for Season: Early Access</li>
<li>3x for Serial: #2-#9</li>
<li>Combining for 3 x 2 x 3 = 18 collection points</li>
</ul>
Each quarter, individual members must log in to the Mythical Marketplace between the activation date and the evaluation date to be eligible for that quarter&rsquo;s rewards. At the evaluation date, the total collection points for each individual member will be calculated based on the items in their Mythical Marketplace account, and compared against the evaluation criteria to determine their individual reward amount. Reward tokens will then be distributed on the distribution date which will be within the 30 days following the evaluation date or the approval date of the proposal, whichever is later. Reward tokens will only be paid out to the holder&rsquo;s Mythical Marketplace account and are subject to a holding period where the tokens can be used on Mythical Marketplace, but can not be withdrawn
For Q1, 2025, the Blankos Loyalty Rewards program parameters are proposed to be:
<ul>
<li>Maximum total reward: 500,000 MYTH</li>
<li>Activation date: March 10, 2025, 00:00:00 UTC</li>
<li>Evaluation date: March 20, 2025, 23:59:59 UTC</li>
<li>Evaluation criteria and individual reward amounts:</li>
</ul>
|------------|--------|-------------| | Collection | Reward | Reward |
<table>
<thead>
<tr>
<th>Points</th>
<th>Tier</th>
<th>Amount</th>
</tr>
</thead>
<tbody>
<tr>
<td>10</td>
<td>1</td>
<td>4 MYTH</td>
</tr>
<tr>
<td>25</td>
<td>2</td>
<td>10.5 MYTH</td>
</tr>
<tr>
<td>50</td>
<td>3</td>
<td>22 MYTH</td>
</tr>
<tr>
<td>100</td>
<td>4</td>
<td>46 MYTH</td>
</tr>
<tr>
<td>250</td>
<td>5</td>
<td>120 MYTH</td>
</tr>
<tr>
<td>500</td>
<td>6</td>
<td>250 MYTH</td>
</tr>
<tr>
<td>1,000</td>
<td>7</td>
<td>520 MYTH</td>
</tr>
<tr>
<td>2,500</td>
<td>8</td>
<td>1,350 MYTH</td>
</tr>
<tr>
<td>5,000</td>
<td>9</td>
<td>2,800 MYTH</td>
</tr>
<tr>
<td>10,000</td>
<td>10</td>
<td>5,800 MYTH</td>
</tr>
<tr>
<td>#5</td>
<td>10</td>
<td>7,000 MYTH</td>
</tr>
<tr>
<td>#4</td>
<td>10</td>
<td>8,000 MYTH</td>
</tr>
<tr>
<td>#3</td>
<td>10</td>
<td>9,000 MYTH</td>
</tr>
<tr>
<td>#2</td>
<td>10</td>
<td>10,000 MYTH</td>
</tr>
<tr>
<td>#1</td>
<td>10</td>
<td>12,000 MYTH</td>
</tr>
<tr>
<td>------------</td>
<td>--------</td>
<td>-------------</td>
</tr>
</tbody>
</table>
<ul>
<li>The five (5) top ranked collections by collection points will be eligible for higher reward amounts based on their ranking, as displayed in the table.</li>
<li>The rankings will only consider the collections of members who logged in to the Mythical Marketplace between the activation date and the evaluation date.</li>
<li>If the total of the individual reward amounts exceeds the maximum total reward for the quarter, then rewards will be distributed in the following priority order:
<ul>
<li>All members eligible for reward will receive their individual reward amount, up to the reward amount for Reward Tier 6 (250 MYTH).</li>
<li>Then, the remainder of the individual rewards will be distributed in priority order, starting with the member with the highest ranking by collection points, and then working down the ranking list until the maximum total reward is fully depleted.</li>
</ul>
</li>
<li>If the total of the individual reward amounts is less than the maximum total reward for the quarter, then the remainder of the rewards amount will be retained for rewards in future quarters.</li>
</ul>
The rewards parameters will be assessed and reviewed each quarter to ensure the program is meeting its objective of enhancing community and building the ecosystem through loyalty and participation.

- **Problem Statement & Audience:** Mythos Foundation proposes distributing 2,000,000 MYTH tokens to Blankos NFT collectors to enhance community engagement, particularly targeting early adopters pre-Mythos parachain inception on Polkadot.
- **Significance:** Recognizing and rewarding longstanding community engagement in the Blankos ecosystem to foster continued participation and loyalty.
- **Proposed Solution:** Implement a Blankos Loyalty Rewards program with a points system based on item quality, encouraging active participation and rewarding collectors.
- **Expected Outcomes:** Encourage ongoing community engagement, build ecosystem loyalty, and enhance the overall Blankos ecosystem through incentivized rewards.

#2 Blankos Loyalty Rewards Program

No Active Proposals