🎁Incentives and Rewards

Decentra Sprints are designed to motivate participants through a well-structured incentive and reward system. Here’s how it works:

For Developers:

• Performance-Based Rewards: Developers earn rewards based on the quality and efficiency of their contributions. The better the submission, the higher the reward.

• Milestone Bonuses: Additional bonuses are awarded for achieving key milestones or exceptional performance.

• Documentation Rewards: There is a slightly bigger reward for the best submission in terms of documentation, emphasizing the importance of clear and comprehensive documentation.

• Reputation Building: Consistent high performance can lead to certification and greater visibility within the community, opening up more opportunities for collaboration and higher-profile projects.

For Architects:

• Consultancy Fees: Architects receive fees for their consultation and planning services.

• Success Bonuses: Additional bonuses are awarded based on the success and impact of their architectural plans.

• Dual Role Incentives: Architects who also participate as developers can earn additional rewards based on their development contributions, same as other developers.

For Judges:

• Evaluation Fees: Judges are compensated for their time and expertise in reviewing and assessing submissions.

• Performance Bonuses: Bonuses are awarded for thorough and insightful evaluations that significantly improve project outcomes.

• Reputation and Trust: Judges build their reputation and trust within the community, leading to more opportunities for higher-stakes evaluations.

General Incentives:

• Escrowed Funds: Project funds are held in escrow to ensure fair distribution upon successful completion of each phase.

• Transparency and Fairness: All transactions and reward distributions are transparent, ensuring fairness and trust within the community.

• Continuous Improvement: Feedback from each sprint is used to improve the process and incentives, making each subsequent sprint more efficient and rewarding.

By participating in Decentra Sprints, community members not only contribute to the highest possible quality smart contract development but also earn rewards and recognition for their efforts, fostering a collaborative and motivated environment.