While global markets fell sharply, #BTC remained strong. In the crypto market today, #FUN and #XRP are holding strong but #ACT is down. In addition, new projects continue to come to life.
We'll take a look at one of them now.
The Initial Labor Offering (ILO), a collaboration between Autonomys and DAO Labs, offers a community-centric and fair model compared to traditional token distribution methods. But why is this model important and how does it benefit social miners?
ILO is based on the concept of social mining and creates a system that rewards participants who truly add value to the project. During this event, which runs from March 24 to April 24, 2025, 240 selected social miners and KOLs (Milestone Leaders) will be tasked with communicating Autonomys' vision and goals to their followers.
During this process, participants will be engaged in tasks such as content creation, participation and contribution to the project. Depending on the quality of the work and the level of participation, $AI3 tokens will be allocated. The best and most engaging content will receive the highest rewards. Thus, social miners will have the opportunity to earn a fair profit while directly adding value to the project with their contributions.
One of the biggest advantages of this model is that it increases the community's commitment to the project. Instead of speculative moves by large investors, as in traditional token sales, individuals who are knowledgeable and genuinely interested in the project will earn tokens. This creates a long-term community that is loyal to the project.
In addition, content producers and social miners gain new skills and have the opportunity to expand their following. The content generated about the project creates an organic marketing opportunity not only for investors, but also for a wider audience.
To summarize, the Autonomys x DAO Labs ILO model not only gives projects a sustainable community, but also provides a new earning model that gives social miners a fair return for their labor. This is a great opportunity for individuals working in a decentralized ecosystem and it is expected that more projects will adopt this model in the future.
