We believe in decentralized value distribution systems because when we win, we win together. The $NOOR Rewards System encodes that on the blockchain.
Most projects in Web3 rely entirely on influencers to share their links and NFTs with their 50K followers, but that system isn’t sustainable or even possible for most NFT creators, whether artists or projects. we share links, tweets, and info about the projects we’re in, when we like, retweet, and otherwise engage in the project and community, we are adding value to the project, so why not reward that value for value?
Noor means “light” in Arabic, and we want to share the light of abundance with our community as they help to grow the project by sharing it with people in their network. So, we have devised a system wherein, for every tweet, like, retweet, story share, comment, Youtube review, Tiktok review, etc. that a community member shares in their network, they will get rewarded with a proportionate value of $NOOR token. For example, liking a post might earn someone 2 $NOOR while creating a 5-minute Youtube video for an audience of 5,000 subscribers can earn someone 50 $NOOR.
$NOOR can then be redeemed in our “store” for free mints and NFTs, allow list spots, or partner mints, NFTs, or bonuses.
Note that this is a utility token with our ecosystem, and we will not be creating a liquidity pool because its purpose is strictly for rewarding our community members who add value to the project through their participation. If someone creates a liquidity pool, we may stop using $NOOR and create a new token, while giving non-transferable credits to current holders.