An inventory of mainstream Web3 task management platforms

Author: Allen

Under the macro environment of tightening global liquidity, this round of encrypted bear market appears to be "extraordinarily tragic". In addition to the crises encountered by well-known institutions in the industry such as Celsius, BlockFi, and Three Arrows Capital, the price of BTC also fell below the high point of the bull market in 2017. In contrast to the previous historical laws, "survival" has become the primary issue for all players. For most ordinary users who have not experienced a bull-bear cycle, how to survive their first cold winter without relevant experience is particularly difficult. For this reason, PANews has also introduced in detail 7 types of potential benefits in the bear market Opportunities, Stablecoin Financial Management Guide in Bear Market, etc.

Although the entire market is relatively deserted in the bear market, the builders of the encrypted world have not stopped moving forward. Similarly, ordinary users also have some low-cost opportunities to participate in the market in addition to lying flat with short positions. Among them, the Web3 task management platform provides Similar opportunity exposure. The Web3 task management platform plays the role of connecting the project party and users, similar to the traditional 58 similar task release platform, the project party can release tasks and give rewards to attract users on the platform to achieve publicity purposes. For new projects in the early stage of development and with a low number of fans, relatively better marketing effects can be achieved with the help of the traffic effect of the Web3 task management platform.

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RabbitHole

RabbitHoleIt is an early Web3 task management platform, which supports Web3 applications to publish different game tasks, and guides users to interact with the product to experience and get familiar with the main functions of the product. After completing the tasks, users can get corresponding rewards, including XP (experience value) ), token rewards from project parties, NFT, etc. Taking the task released by Uniswap as an example, as long as the user completes the transaction of any asset and provides liquidity through Uniswap on the second-layer expansion plan of Ethereum, Arbitrum or Optimism, they can receive rewards.

At present, RabbitHole also launches "skill certificate" activities in different fields, including NFT, DeFi and DAO. Each field has different tasks. Only after completing all the tasks can the corresponding on-chain certificates be obtained. For example, there are 3 tasks in the NFT field . RabbitHole announced in February that it had completed an $18 million Series A round, co-led by Greylock and TCG Crypto.

Although the support project provides airdrops, RabbitHole itself will not issue airdrops. Its official tweet stated on May 9, "There will never be RabbitHole airdrops. We focus on making Web3 focus more on contribution and value rather than investment. If you're looking for a place to get rich quick, there are other places in Web3 for you."

Project Galaxy

Project GalaxyIt is committed to becoming the basic platform for on-chain certificates in the Web3 world. After users connect to the wallet and log in, they can see the ongoing task activities on the "Campaigns" page. After clicking in, each task has a detailed description, including activity introduction, Event time, qualifications for rewards, etc., users can click "Newest" to view the latest events.

At present, the reward forms on the Project Galaxy platform are divided into NFT and OAT (on-chain achievement tokens). To represent the user's credentials for using the cross-chain bridge Hop during the cross-chain week. Users get NFT and OAT rewards, in addition to building their personal "Web3 resume", they can also be used to participate in certain activities (such as project airdrops, whitelists, etc.). Project Galaxy creates a "Galaxy ID" for each wallet user, which integrates the NFT, OAT and on-chain certificate information obtained by the user on the platform. Project Galaxy received a $10 million investment led by Multicoin Capital and Dragonfly Capital in January.

Layer3

Layer3It is an infrastructure platform that focuses on providing services for DAO. DAO can publish corresponding tasks and reward amounts on the platform to motivate users to contribute to DAO and solve problems, and provide exposure to users who are committed to contributing to the Web3 world. Layer3 completed a US$2.5 million seed round of financing in September 2021. Investment institutions include ParaFi Capital, Electric Capital, Lattice Capital, etc. Currently Layer3 provides three types of products, namely Bounties, Contests and Projects.

Bounties: The difficulty coefficient of this series is the lowest. It is mainly an incentive activity released by DAO to understand the product. Any user can participate. After completing the corresponding tasks and passing the review of the Layer3 platform, you can get the corresponding rewards (such as project tokens, XP etc.), when the bounties are all distributed, the activity ends.

Contests: This series of rewards requires competition among users to obtain. To put it simply, DAO publishes a task on the platform, and then contributors submit their results within the specified time. After the DAO community votes, the winner will be finally selected, and the winner will also receive corresponding token rewards.

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Dework

Deworkis a Web3-native collaboration tool where DAOs can organize internal and external teams, manage tasks and rewards in a transparent manner, and help new members onboard. The whole process is roughly that DAO first announces tasks, then platform users apply, and finally DAO assists in screening by browsing their contribution experience. As of July 5, the Dework platform has supported 361 DAOs, including PandaDAO, Nation3, CityDAO, etc.

Users can log in through Discord, then bind their wallets, and click "Open Bounties" to find ongoing bounty activities. In addition, users can also filter tasks that suit them according to their skills, such as writing, research, and translation. The same Dework platform Tasks will also be recommended based on the strengths and skills provided by the user.

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Kleoverse

Similar to Layer3 and Dework,KleoverseIt is also committed to becoming a bridge between DAO and contributors. Users can filter tasks that suit them on the Kleoverse platform according to types (such as DeFi, Gaming, etc.) and public chains (such as Ethereum, BSC, etc.). As of July 5, Kleoverse has supported more than 600 DAOs, with more than 11,000 platform users. In January 2022, Kleoverse completed a financing of US$1.2 million in January, led by byFounders and Sfermion.

Noox

NooxThe Ethereum ecology aims to build a decentralized achievement proof platform. After users meet the corresponding conditions, they can cast the corresponding NFT, which is called "badge". The Noox badge records the user's on-chain behavior, and the user can visualize what they have done. For example, through the SushiSwap badge, the user can understand the range of their transaction times on SushiSwap.

Noox badges are non-transferable and can only be obtained by verifying users' historical on-chain behavior, so users can use this badge to prove their on-chain activities in a permissionless, composable, and trustworthy manner. At present, the minting fee for each badge is 0.002ETH, and the fees charged by the platform will be deposited into the national treasury to support future ecological development. Noox completed a US$2 million seed round of financing in April, led by Collab+Currency, with participation from ElectricCapital, Sfermion, SamsungNext, POAP and Alphanonce.

In addition to the above-mentioned platforms, there are alsoDappBack、Crew³In addition, Coinmarketcap and some exchanges will also hold "Learn to Earn" activities from time to time. Participating in activities on the Web3 task management platform helps users understand the project, accumulate chain credentials, and obtain potential benefits to a certain extent. For ordinary users who have no experience in bull and bear, it is a reference strategy in the bear market stage .