Page cover

Community Incentive Manager: Token and Reward Management

1.1 Community Incentive Manager Overview

Community Incentive Manager module provides functionalities for creating and managing community incentives, specifically using tokens and NFTs to reward active participation and contributions in a DAO or decentralized governance system. This module is designed to motivate community members through token-based rewards and NFT issuance, helping to maintain an active and engaged community.


1.2 Smart Contracts for Token and NFT Issuance

1.2.1 ERC-20 Token Contract for Reward Distribution

pragma solidity ^0.8.0;

import "@openzeppelin/contracts/token/ERC20/ERC20.sol";

contract RewardToken is ERC20 {
    address public admin;

    constructor() ERC20("CommunityReward", "CRWD") {
        admin = msg.sender;
        _mint(admin, 1000000 * 10 ** decimals());
    }

    // Issue tokens to active community members
    function issueReward(address to, uint256 amount) external {
        require(msg.sender == admin, "Only admin can issue rewards");
        _transfer(admin, to, amount);
    }
}

1.2.2 ERC-721 NFT Contract for Achievements


1.3 Interaction with Web3.js for Reward Issuance

1.3.1 Issuing ERC-20 Tokens

1.3.2 Minting an Achievement NFT

Last updated