‘Crypto’ is internet native money and assets that doesn’t necessarily rely on any single institution. People are increasingly using crypto like Bitcoin and Ethereum as alternatives to traditional money and financial services.
So why share crypto as rewards at your org instead of "traditional" incentives? We've laid out some reasons for you to consider 👇
Organizations (teams, communities, etc.) are increasingly realizing that engaged members and contributors are key to achieving goals and successfully growing.
To drive engagement, you should first determine the type of culture your org wants. Incentives are then handy to align your objectives with your contributors (colleagues, collaborators, community members, etc.) by sharing rewards to promote the practices and behaviors that are key to you.
Recognition is great for morale. But it's hard to get excited when you’re “rewarded” in arbitrary virtual points or receive gift cards to vendors you're not interested in or that carry expiration dates.
Bitcoin snapshot, February 2, 2021 (displayed date range: 02/04/2020 - 02/02/2021)
Crypto, on the other hand, is a new asset class for digital natives with increasingly more opportunities for liquidity, financial upside and utility - sharing crypto is more than just sharing value, it's sharing with your collaborators access to a rapidly growing cryptoeconomy.
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“Helping people understand what [SporkDAO & SPORK tokens are] has been a challenge for us. They tend to get curious after receiving some SPORK and so Quidli helps a lot with the onboarding.”
In his community steward role, Derrek Coleman spends a lot of time making ETHDenver, SporkDAO, Ethereum and crypto/blockchain in general more accessible, especially now as public interest in web3 is greater than ever 🚀 He uses Quidli in his mission to spread awareness because of how easy it's made dropping SPORK to new members in the DAO's Slack and Discord.