SourceCred Tool Overview
- What is SourceCred Tool?
SourceCred is a tool designed to measure and reward community contributions by assigning a value to each participant's work within a project or community. It uses algorithms to evaluate contributions and interactions, then distributes rewards in the form of "Cred" scores, which can be converted into "Grain," a cryptocurrency-like token that can be traded or cashed out.
- Main Features
- Transparent Cred scoring algorithmMonitors and records individual contributionsAlgorithmic EvaluationNon-transferable Cred scoresGrain digital currency for rewarding contributions
- Blockchains
- Ethereum
Frequently asked questions
To earn Cred in a community using SourceCred, you need to contribute to a project within that community. Your contributions are automatically tracked and measured for their value and impact to the community, and this value is denoted as a Cred score.
In some cases, Grain can be redeemed for a stable coin like USDC or used as a voting weight in the community. It can also be used to pay contributors based on their Cred scores or as a scoring system in addition to Cred values.
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