Topic: [ANN][AERGO] Blockchain fuel for autonomous business (Read 17896 times)

Only 1/5 of all tokens in circulating now (100 mln out of 500 mln). When the rest tokens will be unlocked? Is there any schelude about token distribution?

OP,  if you as a fan could do this much work for this project, it means a lot. Well, I think I would have to visit other social media links of this project, to know more about it.
Then I feel the team itself should have their own original ANN thread, if you are just a fan.

Recently, more news about the Aergo project from Twitter can be received, or in Telegram. The forum is very weak activity.

The topic has calmed down...
There are some news: The AERGO Merkle Bridge
https://medium.com/aergo/the-aergo-merkle-bridge-explained-d95f7dcec510

Why you dont have comparison woth other new project? Why you just compared with old project like ETH and EOS? EOS is just a big disappointment. But we have a lot of new perspective project with more higher TPS (among them are Tomochain, Zilliqa, Pchain). What advantages you have before this projects?

AMA Camron Miraftab, Business Development Director Blocko/AERGO- https://t.me/aergoofficial:

-Eth is gameover. Low tps , old tech and any major update will take ages.

- This is a bit of a reckless statement and it would be foolish of the AERGO architects to assume Ethereum will be a complete failure.  
Up till now Ethereum has been the de-facto standard for issuing application tokens, and for good reason. It was 'first' + it offers a combination of decentralization, liquidity, as well as an ecosystem. However, I agree with your statement, it is plagued by high and unpredictable gas fees, as well as a low TPS capacity. While the technical aspects may hold Ethereum back from being able to cater to commercial grade applications, there are other factors that suggest it won't disspear over night.  
This is why AERGO is being designed to be interoperable with Ethereum so that developers, if they desire, can benefit from the best of both chains: unrivalled security, ecosystem integration, low fees, scalability (production-level) and a suitable & predictable fee structure.

-How is AERGO different/better than EOS, techwise?

- As a blockchain: Aergo is similar in that it employs DPoS as its consensus mechanism (23 block producers). This consensus algo provides a satisfactory level of decentralisation that ensures censorship resistance and trust across the network, as well as performance. AERGO differs in this regard with EOS in two areas, 1. network operators of the AERGO network will be certified/qualified IT vendors with predictable, stable, secure and highly available infrastructure. Mainly telco providers - hyper local and fibre optic speed. 2. It employs a Kubernetes-like stack -- 'AERGO Horde' optimises orchestration and provisioning of dApps with self healing properties on AERGO using the best of breed technology picked up from the cloud computing domain.
As a platform:
1. 1-click blockchain configuration: developers can custom-build their blockchain (private/hybrid/public) in 1-click (abstracting away all of the complexity) fit for the purpose of their application. This can be then be deployed and ran in the cloud securely in less than a minute - with no risk of downtime or concern about performance or congestion on the network.  
2. dApp development (on top of the blockchain they just configured): package managers, SQL & LUA programming language, intuitive development environment, microservice design methodology and service orientated architecture. These are unique to AERGO and have be designed following intimate collaborations with Blocko's customers (understanding the needs of the users!!)
3. As a dApp:
real-time bug detection, version-control capability, scheduling .. the list goes on.

-Thanks, who are these block producers? How they are selected? What is the use of ARG token, is it same as EOS on staking to acquire network resources?

- The block producers can be IT cloud vendors or telcommunication companies or enterprises or academic institutions or governments, etc. Anyone who meets the technical requirements can be put forward as a candidate in the election. The selection process will be very democratic through voting. This is to ensure that incentives among the community are aligned towards the health of the overall network and to ensure value leakage is minimised.

AERGO token - we are not disclosing the full mechanical details/specifications of the AERGO token at this given time. The AERGO token architects are currently validating and optimising the incentive-model design through rigourous testing and simulations. The team want to ensure that the design aligns the incentives, rewards and behaviours of all stakeholders to optimise the objectives of the AERGO network. Stay tuned for more details to come soon.

Camron Miraftab, Business Development Director Blocko/AERGO- https://t.me/aergoofficial:

You are right about the fact that Aergo incorporates key elements of Coinstack, but there is more to it. Aergo extends the functionality and reach of the platform, far greater than Coinstack ever could. It will be ran across a public distributed network, it will incorporate a Kubernetes-like stack for orchestration and provisioning (self-healing properties, etc) and offers new features such as the Hub and Marketplace that incentivise new stakeholders/participants to contribute and utilise the platform --> creating an ecosystem.

Aergo is a big project. Details regarding where the funds will be spent is outlined in detail in the whitepaper. In short = tech and commercial (ecosystem) development. In order to reach the masses Aergo will need to accomodate the needs of mass market developers by offering a platform which allows for customisable dapp development, familiar programming toolchains, data services, stable and highly available cloud services, and much more.

Offering such services worldwide is a tall order which demands a strong business development push across all regions of the world on both the demand side (enterprise customers, dApp developers) and the supply side (cloud and IT service providers).

Samsung did not solely invest in the project. The AERGO project received investment from numerous backers worldwide.

Also, to address your point regarding token distribution. The AERGO token architects are well aware of the importance of decentralising token distribution. As with all things, comprimises need to be made during the early phases of token ecosystem development between bootstrapping network development and decentralising consensus formation.

Please, read the business whitepaper for more details regarding the planned token distribution. In there we hope you will see that the majority of the tokens will over time be distributed to the key stakeholder groups within the Aergo ecosystem.

The AERGO architects understand from past failures of other projects the importance and sensitivity of token distribution. Too little decentralisation/distribution results in concentrating tokens in the hands of the few (which impacts adoption rates and decentralised consensus formation). Too much distribution risks premature decentralisation whereby users become hodlers, resulting in mainly speculative price action that risks destabilising the AERGO network.

This is why Aergo has made it a priority to onboard strategic long term investors to bootstrap development & initial liquidity. Investors like Sequioa, GBIC, Dekrypt and many more.

"One of the things I really like about Blocko is that unlike other bitcoin startups that are building for a future value that is still undetermined, Blocko’s implementations have already saved customers millions of dollars.” - Joyce Kim, co-founder Stellar.  http://tcrn.ch/2gQYr6M

Last month, AERGO and Blocko were at the 2018 Korea Blockchain Expo. Co-founder of Blocko Allan Kim gave a speech on public and private blockchains in Seoul. Don't miss our next event on 11/30 #buidlseoul2018 http://buidl.kr
https://twitter.com/AERGO_IO/status/1066026072901218304

Phil Zamani yesterday conducted AMA- https://t.me/aergoofficial.  Current issues- https://steemit.com/aergo/@maxferber/ama-with-phil-zamani-ceo-of-aergo-project-11-20-2018

as for me, all these contests do not lead to anything. it was just due to them that the promotion program was removed and they decided to save money. all attempts to collect a cap of one hundred million as they had originally planned for such a market would simply end in failure. besides the idea and strong name blockchain 4.0 for business there is nothing.

Full detailed AMA with assembling replies together + Creative pictures
https://medium.com/@icogem.io/ama-aergo-10-10-2018-all-q-a-in-one-place-a6f97154ad77

What an amazing project！I'll be more than glad to offer Chinese translation if you need it.

your project looks great, I think this project will become popular and many people use it in the future. the project team is numerous and certainly many will be working to make this project expand. how this project can be useful for everyone. it will be great in the future.

Aergo  has no plans to conduct an ICO. But in its Token Distridution Event, 3,275 contributors will be rewarded between $250 and $2,000 in AERGO tokens.
Submission deadline: October 14

my biggest questions im had were and remain on the project code. idea is very good, but as long as no code is written, it will remain an idea. besides this, as we all see their topic, they obviously have no advertising campaign, and the bounty minimum worth running.
but the fact that such huge funds take part is immediately a plus and shows project perspective.

Made one more video for reward programm
https://www.youtube.com/watch?v=Ld_zoL7gTHE

One of the more exciting projects I've seen around these parts. The developers are doing are delightful job by posting pictures, quotes, articles, snippets, whatever. That's gonna keep your community happy!

Hi, finally i made it, please check it out on youtube
https://youtu.be/P6oQ3AHt6FU

Blocko has deployed over 23 blockchain systems for things like biometric authentication, time stamping, e-signatures—we've got many proven use cases with us. Developers will need blueprints. We plan to ship smart contract templates out around these use cases.

We've got an edge because the core technology behind AERGO was built here in Korea by Blocko, who has done this for four years. We have 25 clients here in Korea, with over 25 million users on our permissioned blockchains. These are commercial, in-production systems.

an unusual ambitious project the team has created a unique approach, the project has been working for a long time with large companies unnecessary words will not be required the reputation of the company speaks for itself

Fair remark. This will allow your platform to gain real mass character, and this is already a real success. The more users and developers - the more promising the project.

People are forgetting about SQL—there are around 8 million SQL developers in the world. There aren't 8 million Solidity developers in the world. We're bringing SQL to blockchain to create a broad platform for general purpose computing.

Do you need performance, scalability, control, or compliant record-keeping? It's not about whether the future is public chain, private chain, or side chain. It's about solving a problem. We combine all three to let you make a pragmatic and strategic tradeoff.

In 2017, Blocko delivered one of the first successful fintech blockchain implementations to Shinhan for secure mobile banking to over 25M end users. We now intend to empower the decentralized economy with new trust dynamics through AERGO.

Our community vector analysis tool is already analyzing contributions made by community members. Some of you who wholly impress us may be selected early and given a reward drop allocation before the submission period begins. Thank you all for your support!

You could even spark a Reddit discussion on our SQLite engine in a thread containing a few words. Do anything - just be bold, and bear AERGO's long-term vision in mind. More info is available on our Medium - so read away and use this abundance of information to your advantage!

Examples of things you could do:

• Engage in and facilitate discussions on our official social media channels or on discussion forums and communities
• Share and comment on articles that describe the problems regarding enterprise adoption of blockchain in business and explain how AERGO addresses them
• Start a thread on a coding forum discussing AERGO’s SQL smart contract engine
• Produce high-quality content that expands and educates the broader community
• Translate or partially translate content published by AERGO into your local language
• Express your knowledge and understanding of AERGO in whatever way you best can
• Make referrals to future community members that deliver exceptional value to AERGO’s major stakeholders (only members that deliver value)

Remember to be bold, and consider the long-term vision for AERGO above all else. Additionally, watch out for a new post in the coming days with more information explaining our fourth-generation platform credentials.


Submission

On October 1, we will push a submission form out on our official website. The submission form will ask for:

• Any and all of your social media or communication handles (Twitter, Telegram, Medium, etc. as well as your email address)
(optional) Links or references to up to three of your best content contributions (e.g. articles, white paper translation, etc.), and (optional) links or references to up to three of your best community contributions (e.g. Reddit response discussing AERGO, screenshot of Telegram discussion in external groups, proof of hosting an offline meetup, etc.)
• A 200-character description of AERGO to show your understanding of the project
• The submission period will go on for seven days, while it will also still be possible to make contributions. The deadline for submissions will be October 7, after which no further submissions will be accepted. We encourage all participants to continue making contributions after the deadline date to show long-term dedication and potentially be included in future CIPs.

This new community vector analysis tool will attempt to cut out the expected bounty hunters and bots that may use mechanical turk technologies to fool our system. Any potential bots or bounty hunters will therefore automatically be eliminated from the selection process.

Our in-house analyst team will review every single application and give careful consideration to each applicant. In order to best impact our ecosystem and truly benefit our stakeholders, we will be selective and pick only the most impactful participants that truly understand what we’re attempting to achieve with AERGO.

We are following this path to remain truthful to our cause and be totally transparent to our community. In short, this is done to ensure tokens are given out only to those genuine value-adding members in our general public stakeholder group and not to those who have no commitment to the platform and to our mission. Early supporters to the AERGO project will be given priority in the selection process.

I can't how to receive airdrop here? People who passed KYC will be able get tokens? Or we must to do something more? And what about 2 different tier?

The commitments of AERGO sounds cool, Let's see what can they do for autonomous business.
Best of Luck

Bear in mind that this is NOT proof of shill - you could do absolutely anything and end up eligible for a reward drop. You could host an offline meetup at your local high school and send us pictures as proof, or challenge a technical concept imposed in our whitepaper via DM.

This is an interesting project, I will be a full member and I will be able to participate in the rewards campaign! It's rare to find good projects like this.                                                   

it's a great project. now if I wasn't in the signature campaign, I would certainly attend. project staff, very good quality. hopefully I can take part in other campaigns. good luck.                                                   

i got your comment on the forum Bitcointalk and i want to show u that i found it really not working!
People do not seem interested in it, and I think your advertising campaign is not good. Also you need   an experienced admin and i can do it !
I have a lot of experience managing forums!
I can help you manage the bonus campaign, community and more, please contact me by email: [email protected] or telegram t.me/huutai12

Russian topic for AERGO https://bitcointalksearch.org/topic/m.45622307

We plan to reward over 3,000 contributors with up to $2,000 in AERGO tokens. Any contribution is fair game! Take the next few weeks to make and prepare contributions before the deadline on October 7. A submission form to show us what you've done will go up on October 1.

Read in the whitepaper to better understand the project

Hello AERGO community,

We would like to thank all of you for your patience since we pre-announced our public Token Distribution Event (TDE) and rewards campaign. With great excitement, we announce that we are now ready to kick the event off. The reason for the delay is that our technology team was building a novel proof-of-value system that allows us to relentlessly filter through the submissions we receive in our rewards program and ensure that we hand AERGO tokens only to the most valuable, contributing, and genuine members of our community.

This new system, called community vector analysis, will allow us to cut out bounty or airdrop hunters and only reward those in our community that will form the foundation of AERGO and lead expansion of the ecosystem. This tool and process will qualitatively and quantitatively measure the impact of contribution, accuracy of statements, relevance of information, and value provided to stakeholders in the AERGO ecosystem.

This post will outline everything you need to know about the program and how to participate. Before that, we would like to provide a little bit of context to help explain our decision to conduct our public token distribution in the format of a rewards program.

AERGO is not an ordinary project. The reason for this is the team building it. The collective blockchain production and deployment expertise that the team behind AERGO holds is truly unique.

The team here focuses on execution and delivery. Many on the team behind AERGO come from Blocko, a consulting firm that builds blockchain implementations and also provides services to the AERGO organization. The company was founded in 2014 by Won-Beom Kim, and made it’s first commercial deployment early in 2015. Whilst most back in 2014 were either completely inexperienced in blockchain technology, or at best were simply experimenting with code; the team here identified use cases and actively built enterprise-grade blockchain products for large organizations. Not just creating blockchain proof of concepts — but building commercial blockchains tailored for corporations like Samsung, Lotte Card (licensed by American Express), Cisco, and many more.

Blocko is the largest blockchain infrastructure provider in South Korea; with over 23 deployed products, 25M+ users on some products delivered to clients, and a majority market share in its operating region. There’s a reason the company, which has attracted more than $13.6M in private equity funding, lists multinational corporate investment arms like Samsung Ventures and traditional VCs like SparkLabs Ventures as its shareholders.

AERGO represents a grand vision. Blocko is working very closely with the AERGO non-profit organization to develop the AERGO protocol in order to solve many of the pain points it discovered whilst working with over 50 large enterprises on blockchain implementations. It’s a vision that will be difficult to achieve, but not entirely impossible to. It must be taken step-by-step if it is to ever to become a reality. The first step is to focus on helping firms re-architect their business infrastructures to not only reduce costs and to increase transparency, but also to improve security by leveraging the many positive characteristics of permissionless networking.

Alongside Blocko, the AERGO organization undertook the task of finding businesses to use the AERGO platform for multiple enterprise use cases. The relationship with Blocko provided AERGO with a large network of organizations to speak with; including many of Blocko’s existing clients, past collaborators, and shareholders. After consulting with multiple companies, the message we have received is that these enterprises would first like to see the AERGO ecosystem expand so that it is more feasible to run business functions on the network.

The organization behind AERGO has, as such, made the decision to aggressively invest in accelerating the expansion of the AERGO ecosystem by growing all five of its key stakeholder groups: its general community, regional business partners, open-source developer community, technology providers, and future platform users. These programs are what we now call Community Investment Programs (CIPs).

We have decided to conduct a public token distribution event that mutually benefits all stakeholders in the AERGO ecosystem while at the same time distributes tokens to the public. AERGO tokens will be rewarded to general public community members that contribute to the AERGO ecosystem and benefit other stakeholder groups in some way. Only those that make the greatest impact to the AERGO ecosystem and significantly benefit its key stakeholders will be eligible to collect a reward.

In the campaign, 3,275 community members are to be rewarded between US$250 and US$2,000 in AERGO tokens. This program will distribute just over 50% of up to US$3,000,000 in tokens allocated to our public TDE. The remaining allocated tokens are being rewarded to geographic enablers across the world in a second program that runs in parallel.


Contribution

Rather than judging quantifiable baseline tests typically carried out in bounty or airdrop campaigns, we simply encourage our community to contribute in a meaningful way without being too specific. We will subsequently judge the long-term value added and quality of contribution from each contributor.

Examples of things you could do:

• Engage in and facilitate discussions on our official social media channels or on discussion forums and communities
• Share and comment on articles that describe the problems regarding enterprise adoption of blockchain in business and explain how AERGO addresses them
• Start a thread on a coding forum discussing AERGO’s SQL smart contract engine
• Produce high-quality content that expands and educates the broader community
• Translate or partially translate content published by AERGO into your local language
• Express your knowledge and understanding of AERGO in whatever way you best can
• Make referrals to future community members that deliver exceptional value to AERGO’s major stakeholders (only members that deliver value)

Remember to be bold, and consider the long-term vision for AERGO above all else. Additionally, watch out for a new post in the coming days with more information explaining our fourth-generation platform credentials.


Submission

On October 1, we will push a submission form out on our official website. The submission form will ask for:

• Any and all of your social media or communication handles (Twitter, Telegram, Medium, etc. as well as your email address)
(optional) Links or references to up to three of your best content contributions (e.g. articles, white paper translation, etc.), and (optional) links or references to up to three of your best community contributions (e.g. Reddit response discussing AERGO, screenshot of Telegram discussion in external groups, proof of hosting an offline meetup, etc.)
• A 200-character description of AERGO to show your understanding of the project
• The submission period will go on for seven days, while it will also still be possible to make contributions. The deadline for submissions will be October 7, after which no further submissions will be accepted. We encourage all participants to continue making contributions after the deadline date to show long-term dedication and potentially be included in future CIPs.

This new community vector analysis tool will attempt to cut out the expected bounty hunters and bots that may use mechanical turk technologies to fool our system. Any potential bots or bounty hunters will therefore automatically be eliminated from the selection process.

Our in-house analyst team will review every single application and give careful consideration to each applicant. In order to best impact our ecosystem and truly benefit our stakeholders, we will be selective and pick only the most impactful participants that truly understand what we’re attempting to achieve with AERGO.

We are following this path to remain truthful to our cause and be totally transparent to our community. In short, this is done to ensure tokens are given out only to those genuine value-adding members in our general public stakeholder group and not to those who have no commitment to the platform and to our mission. Early supporters to the AERGO project will be given priority in the selection process.


Rewards

In this general public rewards program, the following rewards (equivalent in AERGO tokens) will be given out:

• US$250 will be rewarded to 2,000 Tier-2 contributors.
• US$500 will be rewarded to 1,000 Tier-1 contributors.
• US$2,000 will be rewarded to 275 contributors selected to be global ambassadors that must show exceptional dedication and talent beyond contributing.


Tier-1 and Tier-2

Internally, our analyst team will qualitatively score each contributor. The top 1,000 scoring contributors will be assigned as Tier-1 and the next top 2,000 scoring contributors will be assigned as Tier-2.


Ambassadors

Prospective ambassadors will optionally apply to become an ambassador and fill out a brief questionnaire describing how they could benefit the AERGO project longer-term. These individuals will be able to select additional responsibilities that they could undertake. If these responsibilities are fulfilled, ambassadors will be given the exclusive opportunity to form a relationship with the AERGO organization as well as collect their US$2,000 reward. This relationship could include ongoing access to special events and contact with key AERGO team members in the future.


Terms and Conditions

Due to regulatory restrictions, U.S. and Chinese citizens will not be eligible to collect a reward as part of this program. We apologise for any inconveniences this may cause.

Please fully review our terms and conditions here before entering this program.


Process

1. Contribution (now to 7/10): Contribute in a way that benefits AERGO’s key stakeholder groups.

2. Submission (1/10 to 7/10): Fill the form out, link your social media accounts to validate your submissions to us, and receive an additional email confirming your submission. Once you submit your form, you will be able to sign in and edit your form until the deadline on October 7.

3. Selection (7/10 to 14/10): Our analyst team will use our novel vectoring system and select 3,275 participants to reward with AERGO tokens.

4. Post-selection and KYC/AML (15/10 to 20/10): If selected, you will receive (i) a confirmation email from AERGO informing you of your selection, (ii) details of which allocation you are being included in, and (iii) further instructions to complete the KYC/AML process. This is also where you will be submitting your public Ether address, so make sure you have a secure Ether wallet accommodation established before this date.

5. Token Generation Event: 500,000,000 AERGO tokens will be created and distributed according to the token distribution plan. All reward tokens earned will be granted to selected participants by the AERGO organization.


Moving forward

Over the course of the contribution period, the AERGO organization will be publishing further content to communicate our core messages and provide clearer information for our participants so they can better understand the AERGO project. In the future, the AERGO organization will also consistently provide updates regarding research and development of the AERGO protocol, growth of the ecosystem, and growth of AERGO’s key stakeholder groups. Be sure to join us on our social media channels to remain updated:

• Telegram Group
• Telegram ANN
• Twitter
• Medium


The AERGO public Token Distribution Event officially begins now!

— Team AERGO

I think this will be a successful project. It will benefit anyone who is supporting this project.                                                      

This is a great project. It will be great for those who have joined the project. Wish success!

reserved

Hello AERGO community,

We would like to thank all of you for your patience since we pre-announced our public Token Distribution Event (TDE) and rewards campaign. With great excitement, we announce that we are now ready to kick the event off. The reason for the delay is that our technology team was building a novel proof-of-value system that allows us to relentlessly filter through the submissions we receive in our rewards program and ensure that we hand AERGO tokens only to the most valuable, contributing, and genuine members of our community.

This new system, called community vector analysis, will allow us to cut out bounty or airdrop hunters and only reward those in our community that will form the foundation of AERGO and lead expansion of the ecosystem. This tool and process will qualitatively and quantitatively measure the impact of contribution, accuracy of statements, relevance of information, and value provided to stakeholders in the AERGO ecosystem.

This post will outline everything you need to know about the program and how to participate. Before that, we would like to provide a little bit of context to help explain our decision to conduct our public token distribution in the format of a rewards program.

AERGO is not an ordinary project. The reason for this is the team building it. The collective blockchain production and deployment expertise that the team behind AERGO holds is truly unique.

The team here focuses on execution and delivery. Many on the team behind AERGO come from Blocko, a consulting firm that builds blockchain implementations and also provides services to the AERGO organization. The company was founded in 2014 by Won-Beom Kim, and made it’s first commercial deployment early in 2015. Whilst most back in 2014 were either completely inexperienced in blockchain technology, or at best were simply experimenting with code; the team here identified use cases and actively built enterprise-grade blockchain products for large organizations. Not just creating blockchain proof of concepts — but building commercial blockchains tailored for corporations like Samsung, Lotte Card (licensed by American Express), Cisco, and many more.

Blocko is the largest blockchain infrastructure provider in South Korea; with over 23 deployed products, 25M+ users on some products delivered to clients, and a majority market share in its operating region. There’s a reason the company, which has attracted more than $13.6M in private equity funding, lists multinational corporate investment arms like Samsung Ventures and traditional VCs like SparkLabs Ventures as its shareholders.

AERGO represents a grand vision. Blocko is working very closely with the AERGO non-profit organization to develop the AERGO protocol in order to solve many of the pain points it discovered whilst working with over 50 large enterprises on blockchain implementations. It’s a vision that will be difficult to achieve, but not entirely impossible to. It must be taken step-by-step if it is to ever to become a reality. The first step is to focus on helping firms re-architect their business infrastructures to not only reduce costs and to increase transparency, but also to improve security by leveraging the many positive characteristics of permissionless networking.

Alongside Blocko, the AERGO organization undertook the task of finding businesses to use the AERGO platform for multiple enterprise use cases. The relationship with Blocko provided AERGO with a large network of organizations to speak with; including many of Blocko’s existing clients, past collaborators, and shareholders. After consulting with multiple companies, the message we have received is that these enterprises would first like to see the AERGO ecosystem expand so that it is more feasible to run business functions on the network.

The organization behind AERGO has, as such, made the decision to aggressively invest in accelerating the expansion of the AERGO ecosystem by growing all five of its key stakeholder groups: its general community, regional business partners, open-source developer community, technology providers, and future platform users. These programs are what we now call Community Investment Programs (CIPs).

We have decided to conduct a public token distribution event that mutually benefits all stakeholders in the AERGO ecosystem while at the same time distributes tokens to the public. AERGO tokens will be rewarded to general public community members that contribute to the AERGO ecosystem and benefit other stakeholder groups in some way. Only those that make the greatest impact to the AERGO ecosystem and significantly benefit its key stakeholders will be eligible to collect a reward.

In the campaign, 3,275 community members are to be rewarded between US$250 and US$2,000 in AERGO tokens. This program will distribute just over 50% of up to US$3,000,000 in tokens allocated to our public TDE. The remaining allocated tokens are being rewarded to geographic enablers across the world in a second program that runs in parallel.


Contribution

Rather than judging quantifiable baseline tests typically carried out in bounty or airdrop campaigns, we simply encourage our community to contribute in a meaningful way without being too specific. We will subsequently judge the long-term value added and quality of contribution from each contributor.

Examples of things you could do:

• Engage in and facilitate discussions on our official social media channels or on discussion forums and communities
• Share and comment on articles that describe the problems regarding enterprise adoption of blockchain in business and explain how AERGO addresses them
• Start a thread on a coding forum discussing AERGO’s SQL smart contract engine
• Produce high-quality content that expands and educates the broader community
• Translate or partially translate content published by AERGO into your local language
• Express your knowledge and understanding of AERGO in whatever way you best can
• Make referrals to future community members that deliver exceptional value to AERGO’s major stakeholders (only members that deliver value)

Remember to be bold, and consider the long-term vision for AERGO above all else. Additionally, watch out for a new post in the coming days with more information explaining our fourth-generation platform credentials.


Submission

On October 1, we will push a submission form out on our official website. The submission form will ask for:

• Any and all of your social media or communication handles (Twitter, Telegram, Medium, etc. as well as your email address)
(optional) Links or references to up to three of your best content contributions (e.g. articles, white paper translation, etc.), and (optional) links or references to up to three of your best community contributions (e.g. Reddit response discussing AERGO, screenshot of Telegram discussion in external groups, proof of hosting an offline meetup, etc.)
• A 200-character description of AERGO to show your understanding of the project
• The submission period will go on for seven days, while it will also still be possible to make contributions. The deadline for submissions will be October 7, after which no further submissions will be accepted. We encourage all participants to continue making contributions after the deadline date to show long-term dedication and potentially be included in future CIPs.

This new community vector analysis tool will attempt to cut out the expected bounty hunters and bots that may use mechanical turk technologies to fool our system. Any potential bots or bounty hunters will therefore automatically be eliminated from the selection process.

Our in-house analyst team will review every single application and give careful consideration to each applicant. In order to best impact our ecosystem and truly benefit our stakeholders, we will be selective and pick only the most impactful participants that truly understand what we’re attempting to achieve with AERGO.

We are following this path to remain truthful to our cause and be totally transparent to our community. In short, this is done to ensure tokens are given out only to those genuine value-adding members in our general public stakeholder group and not to those who have no commitment to the platform and to our mission. Early supporters to the AERGO project will be given priority in the selection process.


Rewards

In this general public rewards program, the following rewards (equivalent in AERGO tokens) will be given out:

• US$250 will be rewarded to 2,000 Tier-2 contributors.
• US$500 will be rewarded to 1,000 Tier-1 contributors.
• US$2,000 will be rewarded to 275 contributors selected to be global ambassadors that must show exceptional dedication and talent beyond contributing.


Tier-1 and Tier-2

Internally, our analyst team will qualitatively score each contributor. The top 1,000 scoring contributors will be assigned as Tier-1 and the next top 2,000 scoring contributors will be assigned as Tier-2.


Ambassadors

Prospective ambassadors will optionally apply to become an ambassador and fill out a brief questionnaire describing how they could benefit the AERGO project longer-term. These individuals will be able to select additional responsibilities that they could undertake. If these responsibilities are fulfilled, ambassadors will be given the exclusive opportunity to form a relationship with the AERGO organization as well as collect their US$2,000 reward. This relationship could include ongoing access to special events and contact with key AERGO team members in the future.


Terms and Conditions

Due to regulatory restrictions, U.S. and Chinese citizens will not be eligible to collect a reward as part of this program. We apologise for any inconveniences this may cause.

Please fully review our terms and conditions here before entering this program.


Process

1. Contribution (now to 7/10): Contribute in a way that benefits AERGO’s key stakeholder groups.

2. Submission (1/10 to 7/10): Fill the form out, link your social media accounts to validate your submissions to us, and receive an additional email confirming your submission. Once you submit your form, you will be able to sign in and edit your form until the deadline on October 7.

3. Selection (7/10 to 14/10): Our analyst team will use our novel vectoring system and select 3,275 participants to reward with AERGO tokens.

4. Post-selection and KYC/AML (15/10 to 20/10): If selected, you will receive (i) a confirmation email from AERGO informing you of your selection, (ii) details of which allocation you are being included in, and (iii) further instructions to complete the KYC/AML process. This is also where you will be submitting your public Ether address, so make sure you have a secure Ether wallet accommodation established before this date.

5. Token Generation Event: 500,000,000 AERGO tokens will be created and distributed according to the token distribution plan. All reward tokens earned will be granted to selected participants by the AERGO organization.


Moving forward

Over the course of the contribution period, the AERGO organization will be publishing further content to communicate our core messages and provide clearer information for our participants so they can better understand the AERGO project. In the future, the AERGO organization will also consistently provide updates regarding research and development of the AERGO protocol, growth of the ecosystem, and growth of AERGO’s key stakeholder groups. Be sure to join us on our social media channels to remain updated:

• Telegram Group
• Telegram ANN
• Twitter
• Medium


The AERGO public Token Distribution Event officially begins now!

— Team AERGO