Getting Started With WAXHub: An In - Depth View

in LeoFinancelast year

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Hello Everyone!!! I hope you are having a great time over there? It's really nice to see you visit my blog today and I must say I'm really happy to have a great personality like you visiting my blog today 😊. Thank you once again 💕❤️

As the world of Blockchain technology and Web3 continues to revolves, there have been increasing number of users who are enthusiastic and passionate about learning and contributing in this great development. This has led to the creation of WAXhub, which enables all WAX Enthusiasts to learn, contribute and earn in the WAX community.

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The existence of Web3 and DAO system has made it easy for users to start making valuable contributions on behalf of projects they are passionate about and at the same time earn valuable rewards for their contribution. This method of contribution can be done through Content creation, marketing, language translation, organising podcast, and other strategical move to enable they are contributing to the project in one or the other.

One of the best way to achieve this is through Social Mining and it's really great seeing top Web3 projects like DAOLabs, Kava Chain,Polygon, Avalanche, and most importantly WAX Blockchain adopting such system. This model will also enable WAX Enthusiasts earn valuable rewards while they make quality contribution on WAX Blockchain through WAXHub.

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This connotes you can also be part of WAX Blockchain and start earning valuable rewards for your contribution even though you seem to be new on WAX as there are Web3 resources for learning and well active and engaging community.

Now let's delve into how you can get started with WAXHub to enable you start contributing in the WAX community and earn valuable rewards in terms of WAXP Tokens and WAX NFTs.

Setting Up Your WAXHub Account

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Before contributing in the WAX community through Social Mining, you are required to have a minimum of 50 followers on X (Twitter) and a WAX Wallet Address (mycloudwallet).

Once the above condition is fulfilled, you can now set up a WAXHub account which can be achieved by signing up here.

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Ensure you sign up by filling all important information such as your email, username and password. Also tick on the two boxes to certify that you are over 18 years and click on the submit button to proceed to the next stage.

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After signing up successfully, it is required you fill an onboarding survey form which gives the community and the team an insight about your skills, experience and what you can offer the community. While filling the onboarding survey, you have option to decide the number of hours you can offer the community and your preferred method of contribution or role such as marketing, influencer, writing, design etc.

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After you're done filling the survey form, you automatically have your WAXHub account created when you come across something similar to the above image. The above image shows your WAX Social Mining dashboard.

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Now let's go set up our profile and connect your X (Twitter) account by clicking on the image icon at the top right of your dashboard as seen in the above image.

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After that click on profile as seen in the image above and we can now go set up your WAXHub Social Mining account profile.

Basic Profile Information

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Your email used during registration is already registered on WAXHub including your username which can be changed later but note that you can't change your email. You are required to fill in your details such as First name, last name, Country, Timezone, you can write a short bio about yourself and you can also upload profile picture by clicking on the "select file button" as seen in the image above which will be the last thing I'll do if I was you.

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After setting up your basic profile information, you can click on the update button at the lower part of the profile page to get your information stored.

Linking Your X (Twitter) Account With WAXHub
You are also meant to link your X (Twitter) account with WAXHub as this helps the system monitors your activities and contribution related to WAX Blockchain on twitter (just working like a SocialFi system).

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To get started you need to click on the "Connect Twitter" button on your WAXHub profile page as seen in the above image

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After that this pops out and you click on the "Yes" button to proceed with the connection.

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You'll be redirected to Twitter 3rd party authentication page which allows you to authorise or link your twitter account with your WAXHub Social Mining account,then you click on the authorize app button as seen above.

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As you can see i now have my X (Twitter) account successfully connected with my WAXHub account. This connotes that any of your contributions related to WAXHub done via X (Twitter) such as tweeting, retweeting/engaging will be recorded and rewarded by the system.

Setting Up Your Wallet on WAXHub
You are required to have a supported WAX Wallet such as mycloudwallet linked to your WAXHub account.

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Ensure you visit Mycloudwallet and watch the YouTube Tutorial about how you can set up your WAX Wallet.

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After successfully creating your WAX Wallet, it is required you paste your WAX Wallet Address in the WAX Wallet option on your profile as this is where you'll be able to receive your $WAXP rewards and NFTs through Mycloudwallet.

You are also required to create a Metamask account and Prepare a MetaMask browser wallet connected to the Ethereum Network and add the WAX token ($WAXP) to your wallet using the below information

Token contract address: 0x2A79324c19Ef2B89Ea98b23BC669B7E7c9f8A517

Token symbol: WAXP

Token decimal: 8

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After setting up WAXP on your Metamask wallet, then you are required to click on the connect button on your profile and connect your WAX metamask wallet

It is important to note that your WAX Wallet Address from mycloudwallet is still much more important for the time being because that's where you get rewarded for your contribution in WAX Tokens and NFTs.

Check Out My WAXHub Profile

This is a glimpse of my WAXHub profile and as you can see I already have my email, WAX Wallet, X account all linked with WAXHub.

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I guess yours should also be similar to this if it's done properly.

Some Navigating Terminologies On WAXHub

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#1 Influence
Your Influence signifies your standing in the Social Mining DAO, wherein greater Influence grants you increased voting authority in the ecosystem's governance, and conversely, lower Influence corresponds to reduced voting power. Effectively, Influence serves as the core element of a DAO in Social Mining, empowering the community to democratically determine the rewards for each contribution in a decentralized fashion.

#2 Reputation
Within the realm of Social Mining, Reputation reflects the quality contribution made by users most especially during Social Mining tasks.

#3 WAX Points
This is the total amount of WAX reward acquired by user for their contribution. The WAX points can be converted into WAXP tokens, WAX ambassador Badges or WAX NFTs.

#4 Marketplace
This is where the actual conversion takes place. You are eligible to convert your WAX rewards into $WAXP if you have at least 2000 WAX points. You can also convert your WAX points to other digital collectibles such as WAX NFTs which will be available on your WAX Wallet (mycloudwallet) after processing.

#5 Community Board
The community Board is where you exercise governance by rewarding valuable contributions with your allocated Points. This gives you the opportunity to reward other WAXHubbers for their quality contribution in the WAXHub community and the good news is that you also get rewarded in return for your voting activities in the Community Board.

#6 Submit Activity
This is a special option that enables you to submit your WAXHub contribution aside from the community requested contribution. If your contribution is of high quality and impacting to the community, you also get rewarded through the Community Board Vote system from other WAXHubbers.

#7 My Activity
This is where you track all your WAXHub activities such as your contribution in WAXHub tasks, your tweets about WAX, your retweet about WAX and other form of contributions you've done on the WAXHub

#8 Tasks
This is where you access WAXHub community tasks such as twitter thread task, design tasks, writing tasks and any other form of tasks related to WAX Blockchain. The good thing about engaging in tasks on WAXHub is that it increases your chances of earning more in terms of rewards, reputation and influence.

#9 My Rewards
This is where you can track all your total rewards on WAXHub.

What Is Expected Of You As a WAXHubber

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As a WAXHubber, you are automatically part of the WAXHub community and this gives you the golden opportunity to contribute and earn in the WAX community. Some of the activities you can engage in includes the following;

#1 Content Creation
One of the key feature of a WAXHubber is the ability to create quality contents related to WAX Blockchain. This content can be in the form of X (Twitter) thread, Blog post, video content, Infographics, Memes, and other valuable form of content that could benefit the WAX community.

It is also important to note that you must follow @WAX_io on X (Twitter), mention or tag @WAX_io when making X post and also include the hashtags #WAX #WAXP #WAXFAM #WAXNFT #WAXHUB $WAXP on your X post.

#2 Engagement
As a WAXHubber it is also required you engage in contents related to WAX Blockchain most especially contents from the official WAX accounts and contents from other WAXHubbers. This can be done by retweeting X tweets or threads posted from WAX official X account (@WAX_io) without excluding WAX Tweets from other WAXHubbers. You can also make quality comments on tweets or blog posts or contents related to WAX Blockchain. The good news is that you also earn valuable rewards for engaging as a WAXHubber.

#3 ENGAGE IN WAXHUB TASKS
Even though taking part in WAXHub tasks isn't a compulsory thing to do but at the same time it's a necessary activity to take part in as it helps you to earn more valuable rewards and boost both your influence and reputation as a WAXHubber. The more tasks you succeed in doing on WAXHub, the more your chances of taking part in more tasks and thus, the more your chances of earning as a WAXHubber.

4 Good Moral Conduct
Since WAXHub also requires community involvement and engagement, you are expected to maintain good moral conduct in the WAXHub community most especially when dealing with other WAX Enthusiasts in the community. Avoid spamming and promoting hate speech or FUD in the community.

#5 Attend WAX Community Meetings
The WAX team also host community meetings, events and summit which will be highly beneficial to all WAX Enthusiasts and the WAX community as a whole. The interesting fact is that attending WAX community events and meetings gives you more opportunity to learn more about how WAX Blockchain works including the partners involved in WAX. One of the community meeting you shouldn't miss is WAX Wednesday which happens every Wednesday on WAX twitter space.

Conclusion

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In summary and conclusion, WAXHub enables you to unleash your inner creativity and at the same time earn valuable rewards for your contribution in the community. The WAX Hub is a platform where WAX enthusiasts unite to actively contribute to the expansion and enhancement of the WAX NFT ecosystem. Whether your expertise lies in community management, content creation, social media, events, tech support, or any other domain, the ecosystem welcomes your involvement. By becoming a member of the WAX Hub, you'll play a pivotal role in fostering the growth of the WAX blockchain and have the chance to be part of a significant initiative.

For any questions or enquiries, you can contact @tommyfromwax on the WAX Hub Discord #support channel or post your questions via the comment section.

Reference Links/Important Links

About Me


I'm Adebola, a proud graduate in Agricultural Engineering (BSC). My passion for self-development and productivity drives me to constantly seek knowledge and conduct research. Over the last five years, I've immersed myself in the world of cryptocurrency and blockchain, growing more enthusiastic by the day. My diverse hobbies include reading, writing, enjoying good food, participating in agricultural activities, traveling, designing, and blogging. I possess a range of skills, including content writing, graphic design, UI/UX design, copywriting, internet marketing, research, data analysis, and basic coding. Don't hesitate to connect with me through the links below;
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Discord: Hardaeborla#103
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