QTCON Whitepaper
  • 1. Overview
  • 2. Background
    • 2.1 The Background of QUIZTOK Departure
    • 2.2 The value of quiz contents
    • 2.3 Need to improve the productive mobile environment
    • 2.4 The current state and challenges of advertising and media markets
    • 2.5 The need for a platform that combines ‘quizzes + communication + advertising + rewards’
  • 3. QUIZTOK! Quiz Mining Platform
    • 3.1 Ecosystem
    • 3.2 Ecosystem Participants
      • 3.2.1. Quiz Creator
      • 3.2.2. Quiz Player
      • 3.2.3 Quiz Curator
      • 3.2.4. Advertiser
      • 3.2.5. Sponsors, Donators
    • 3.3 Reward
      • 3.3.1 QTCON reward system
      • 3.3.2 Quiz Rewards
      • 3.3.3 Advertising rewards
      • 3.3.4 Sponsoring & Donation rewards
      • 3.3.5 Reward algorithms
    • 3.4. Targeted Advertising
      • 3.4.1. Use for user orientation and targeted advertising
      • 3.4.2. Targeted advertising utilization
    • 3.5. Technologies
      • 3.5.1. Quiz mining
      • 3.5.2 Architecture
      • 3.5.3. System configuration
      • 3.5.4 Reward pool
    • 3.6. Use Case
      • 3.6.1. Quiz Content Platform Service Scenario Combining Advertising and Quiz
      • 3.6.2 Quiz service scenarios where users create and consume quizzes
      • 3.6.3. Donation Scenario
      • 3.6.4 Connection between users and sponsoring companies
  • 4. Marketing analysis
  • 5. Why Blockchain?
    • 5.1 The block chain ideology and QTCON
    • 5.2 Reasons for using the block chain system
    • 5.3 Value of QTCON
  • 6. Schedules for Plans
    • 6.1 Present stage
    • 6.2. Milestone
  • 7. QUIZTOK Token(QTCON)
    • 7.1 Plans for QTCON issuance
    • 7.2 Plans for fund management
    • 7.3 History of QTCON issuance
    • 7.4 QTCON Lock-up & Release Plan
  • 8. Team
  • 9. Risk announcements and protection tools for investors
  • 10. Subjects of exemption
  • App Link
    • App Store
    • Google Play
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  1. 3. QUIZTOK! Quiz Mining Platform
  2. 3.5. Technologies

3.5.1. Quiz mining

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Last updated 8 months ago

Tokens that are acquired by taking quizzes through the QUIZTOK ecosystem are given as rewards to individuals. This is like the mining method that is given as a reward for blocks when finding hash values in the existing PoW method.

The quiz mining method is a good alternative approach to inefficient PoW method and this can make the QUIZTOK block chain-based ecosystem more efficient and productive.

A portion of the total token issuance of QTCON is given as a reward when an individual solves a quiz, and the QUIZTOK team deposits an amount that can be regularly distributed every day for a certain period in the Reward Pool for quiz mining.

The number of tokens provided as a reward to users may vary depending on the exchange value of points.

Tokens’ exchange rate is calculated by reward points in QUIZTOK platform. Even though users have same number of points, Tokens exchange rate can be flexible based on the number of users.