COMPANY OVERVIEW

AIxBlock is an On-Chain Open-Source Platform for Rapid AI Model Development and Productization Using Decentralized Resources with Flexibility and Scalability. 

AIxBlock is transitioning to an open-source model, aiming to reward contributors for maintaining and expanding the ecosystem. With a token-based incentive program, we seek to foster sustainable growth and innovation in the open-source community. Our project allocates 15% of the total token supply for ecosystem growth, distributed through grants for impactful projects and rewards for open-source contributors.

SCOPE OF WORK (SOW):

The primary objective is to build a blockchain-based contribution tracking and reward system on Solana, integrated into AIxBlock’s current tech stack. This system will log contributors' efforts on-chain, calculate their points based on contribution type and impact, and allocate tokens proportionally post-TGE. Below is the detailed breakdown:

1. Objectives:

• Record Contributions On-Chain: Develop a mechanism to log and track user contributions directly on Solana, enabling transparency and immutability.

• Point-Based Reward System: Implement a system where points are assigned based on predefined contribution categories, as outlined below.

• Monthly Token Distribution: Build smart contracts for proportional token distribution, ensuring fairness and gas optimization.

• Fairness Mechanism: Implement thresholds and reserve mechanisms to manage unclaimed tokens and incentivize future contributions.

2. Contribution Categories & Point System:

Points will be assigned based on the following structure:

3. Token Allocation and Distribution Mechanisms:

We allocate 65% of the total ecosystem growth tokens to reward contributors. The distribution mechanism is as follows:

• Monthly Token Pool Unlocking:
  A fixed number of tokens are unlocked monthly for distribution.

• Proportional Distribution Based on Points:
  Tokens are distributed in proportion to the points earned by contributors in a given month.
  Example:

  • Monthly Token Pool: 10,000 tokens

  • Total Contributor Points: 1,000 points

  • Contributor A earns 100 points → Contributor A receives 1001000×10,000\frac{100}{1000} \times 10,000 tokens = 1,000 tokens

• Fairness Threshold:
  If the total points in a month fall below 500, only 50% of the token pool is distributed. The remaining tokens roll into a Community Reserve Fund to incentivize future contributions.
  Example for Reduced Distribution:

  • Monthly Token Pool: 10,000 tokens

  • Total Points: 400 → Only 5,000 tokens distributed

  • Contributor A earns 100 points → Contributor A receives 100400×5,000\frac{100}{400} \times 5,000 tokens = 1,250 tokens

4. Key Deliverables:

• Smart Contract Development:

  • Create secure and scalable Solana-based smart contracts for tracking contributions, assigning points, and distributing tokens.

  • Optimize contracts for minimal gas fees.

• Integration with Existing Tech Stack:

  • Ensure seamless integration with AIxBlock’s current centralized or decentralized systems.

• On-Chain Contribution Tracking System:

  • Design an intuitive interface for contributors to view their contributions and point balances.

• Fairness Mechanism Implementation:

  • Develop mechanisms for reserve management, token threshold enforcement, and proportional distribution.

5. Allocation for Grants and Ecosystem Growth:

The ecosystem growth allocation of 15% of total token supply is divided as follows:

1. Grants for Outstanding Projects (35%):

   • Grants will fund projects expanding AIxBlock’s ecosystem, such as tools, applications, and integrations.

   • Developers must submit proposals, with funding tied to milestone-based progress.

2. Open-Source Contributor Rewards (65%):

   • Tokens will reward contributions as outlined in the point system above.

KEY RESPONSIBILITIES:

The key responsibilities for this role are as follows (as outlined earlier):

• Develop and implement the contribution tracking and reward mechanism on Solana.

• Build smart contracts for logging contributions, assigning points, and automating token distributions.

• Ensure gas efficiency and optimize for scalability.

• Integrate on-chain systems with AIxBlock’s existing infrastructure.

• Implement fairness mechanisms, such as contribution thresholds and reserve funds.

SKILLS & EXPERIENCE REQUIRED

• Proven experience with Solana development and smart contract programming using Rust and Anchor Framework.

• Expertise in gas optimization and building efficient blockchain applications.

• Strong understanding of decentralized systems, tokenomics, and blockchain security.

• Familiarity with open-source ecosystems and contribution reward systems.

• Ability to collaborate effectively with non-technical team members and stakeholders.

COMPENSATION STRUCTURE

• Initial Bounty: Competitive payment based on milestones achieved.

• Long-Term Rewards: Token distribution based on contributions post-TGE, with an allocation from the ecosystem growth pool (65%).

HOW TO APPLY

Submit a proof of concept (POC) that demonstrates:

1. Your approach to implementing a point-based reward system on Solana.

2. Strategies for gas optimization and scalability.

3. Examples of past projects or contributions to open-source systems (links to GitHub, portfolios, etc.).

Shortlisted candidates will be invited for a technical discussion to finalize the implementation plan.

Help us to shape the future of open-source development and decentralized collaboration! We’re also open to a full time opportunity after this bounty is completed successfully.