The Point system is a mechanism of evaluating each Validator contribution into the ecosystem. The Point system grants higher ranking for active validators that are positively contributing to keeping up with fairness and integrity of the Game.
At the beginning all Validators start the game with a score of 0 points. As the game progresses, they will win/lose Points that would be the basis for the calculation of their rewards.
Validators signaling a valid flag (decentralized Validators' consensus declares the reported Activity in breach of the rules and terms) earn 10 Validators' points.
Validators signaling a false flag (decentralized Validators consensus declares the reported Activity as conform to the rules and terms) lose 10 Validators' points.
The more active the Validators, the more accurate their flags are, and the more points they earn.
If a Validator gets his points below an acceptable threshold, he will be temporarily banned from validating and voting.
Validators oversee the integrity and fair play of the game and ensure transparent decision-making is taken in a decentralized manner. They will play a major role overseeing the anti-cheating system and reporting suspicious activities. Once reported by an Activity Validator, the verdict is managed in a decentralized manner through a voting system among all validators. The outcome of the vote is determined through the majority and considered then to be the truth.
Any Player wanting to become a Validator needs first to purchase a Validator NFT. JustMOVE will release a limited number of NFTs progressively into the market with a cap on the overall releasable NFTs.
Once the NFT is purchased, Validator activity level along with the ranking system will ensure that all holders are playing their role in the best interest of the community.
Activities' Validators will have access to a special mode in the gaming app where they can check users' data integrity that generates rewards. They will have to assess the feasibility of activities claimed by Players and report cheating behavior. In the case that a Validator detects a fraud/cheating, he will submit the activity along with his conclusions to all Validators for voting.
Validators will play a key role in the decentralization of JustMOVE. Further down the road, they will be voting on other decision making requiring transparency and avoidance of subjectivity. For instance, Creators joining our studios will be accepted based on their merits/work rather than in a subjective manner and always in the best interest of the community.
Validators get paid in MKI token from a reserved Validator Price Pool. Their points will determine their share from within the pool since the sharing will be performed on a monthly basis and on a prorated basis.
For each Validator, the monthly average of the last 3 month of Points will be determined . The Validator Points divided by all Validator Points will be his share of the Price Pool.
The Players need to OWN a NFT Activity validator and connect in app and report cheater and problem to get Validator points and get paid.
The more active the Validator, the more accurate his calls, and the more Points he will accumulate meaning a larger piece of the Pool, as always based on merit.