General - How Task2Earn Works - Cardano Task2Earn

Task2Earn is a decentralized platform that allows users to complete tasks and earn rewards through a secure, transparent system powered by smart contracts on the Cardano blockchain. The platform connects Project Owners (who post tasks) with Contributors (who complete tasks) in a trustless, blockchain-powered environment.

1. Task Creation and Reward Locking

Project Owners (PO) create campaigns and post tasks for the community to complete.

Before the campaign starts, the PO must lock the required amount of tokens in a smart contract to ensure the rewards are secured. This guarantees that contributors will be paid upon task completion.

2. Task Execution and Approval

Contributors browse tasks, select ones that match their skills, and begin working.

Some tasks are automatically approved by the platform upon submission, while others require manual approval by the PO.

If the task is approved (either automatically or manually), the contributor is rewarded with TN points (Token Earned).

3. Point System (TN)

Contributors earn TN points for each completed task.

After the campaign ends, the PO sets a conversion rate for TN points to native tokens (e.g., 1 TN = 0.5 ADA or any other token).

4. Smart Contract Distribution

Once the task is completed, and the campaign ends, the smart contract automatically distributes the corresponding rewards based on the TN points earned by the contributor.

The campaign may end either when the funds allocated in the smart contract are exhausted or by a specified end date.

5. Verification of Reward Tokens

If the reward token is different from ADA (the Cardano native token), it must go through a manual verification process on the platform. The token must be listed on an official DEX (Decentralized Exchange) and have a legitimate presence on social media to ensure security.

General - How Task2Earn Works

1. Task Creation and Reward Locking#

2. Task Execution and Approval#

3. Point System (TN)#

4. Smart Contract Distribution#

5. Verification of Reward Tokens#

1. Task Creation and Reward Locking

2. Task Execution and Approval

3. Point System (TN)

4. Smart Contract Distribution

5. Verification of Reward Tokens