Overview

Users collect web3 points from different platforms as a reward for interacting with products and/or testing them.

Point-holders in a particular product -in most cases- get rewarded with this product’s tokens as reward for their contribution in using and testing it in its early stages.

The journey of a point-collector usually includes collecting points by interacting with a product (making transactions on a platform / bridging tokens / staking tokens / etc…), then redeeming those points for the product’s token once the token is live through an airdrop.

Although companies have been using this logic in their point systems for a while now, we believe that web3 points should be decentralized and transparent.

With Monet, your points will be in your wallet instead of them being in a company’s database. With decentralization comes security, as no one could deny the fact that points in your wallet are yours, acquired by interacting with products or bought in a fair marketplace.

You can use Monet platform whether you are a points collector or not. Let’s go through the journey of a user in both cases: