"answer":"<p>Traditionally the term mining in cryptocurrency refers to the process of contributing compute resources to the network and earning a reward. In the Blockstack Ecosystem, instead of just mining through computation, developers mine by building apps and the Blockstack community funds them simply for being pioneers in the emerging Blockchain software market.</p> <p>We believe app mining represents a revolution in app funding, allowing small teams to bootstrap without advertising or venture capital. Each month, qualifying apps compete for funding. Qualified apps are evaluated and ranked by expert app reviewers. The better your app, the higher payout you earn.</p> <p>The pilot run began on December 1st 2018, with 34 Blockstack Apps enrolled. A previous alpha run in Oct 2018 included 17 Blockstack apps. App mining is a new mining model that we expect will evolve and improve over time. We look forward to feedback from our community regarding the App Mining process and program.</p>"
"answer":"<p>Traditionally the term mining in cryptocurrency refers to the process of contributing compute resources to the network and earning a reward. In the Blockstack Ecosystem, instead of just mining through computation, developers mine by building apps and the Blockstack community funds them simply for being pioneers in the emerging Blockchain software market.</p> <p>We believe app mining represents a revolution in app funding, allowing small teams to bootstrap without advertising or venture capital. Each month, qualifying apps compete for funding. Qualified apps are evaluated and ranked by expert app reviewers. The better your app, the higher payout you earn.</p> <p>The pilot run began on December 1st 2018, with 34 Blockstack Apps enrolled. A previous alpha run in Oct 2018 included 17 Blockstack apps. App mining is a new mining model that we expect will evolve and improve over time. We look forward to feedback from our community regarding the App Mining process and program.</p>"
"answer":"<p>Yes, App Mining is internationally available. The reviewers today cater to an English-speaking audience. The long term vision for app mining entails developing a plan to make it more internationally accessible. We will continue to update the guidelines and FAQ as the program evolves.</p>"
},
},
{
{
"question":"What is the App Mining timeline?",
"question":"What is the App Mining timeline?",
"answer":"<p>On the first of every month (or as listed on the calendar):</p> <ul> <li>Registration is closed for that months ranking.</li> <li>Blockstack team sends the complete list of apps to our app reviewer partners. App miners do not need to reach out to Product Hunt, Awario, TryMyUI, or the digital rights reviewer.</li> <li>Blockstack emails app miners are emailed about Product Hunt Hunting process. App miners can choose to hunt their app independently or can request to be featured by the Product Hunt team. <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>Read more</a>.</li> </ul> <p>Over the next two weeks:</p> <ul> <li>TryMyUI Tests are happening. Please don’t perform upgrades that might break the app.</li> <li>Products are launched on Product Hunt. Product Hunt team performs internal review.</li> <li>The digital rights reviewer examines apps based on the degree to which the apps respect and protect users` fundamental digital rights.</li> </ul> <p>On the last day of ranking at 11:59pm ET: App mining results are sent to Blockstack by app reviewer partners.</p> <p>On the 15th (or as listed on the calendar): Blockstack team performs App Mining algorithm as referenced <a href='https://blog.app.co/how-app-minings-ranking-algorithm-works/' target='_blank'>here</a>.</p> <p>On the following weekday:</p> <ul> <li>App miners are emailed login info to access their TryMyUI tests. </li> <li>App founders are sent an audit version of the results. </li> </ul> <p>A week later: </p> <ul> <li>Payouts are completed. </li> <li>Full App Mining results are published. </li> </ul>"
"answer":"<p>On the first of every month (or as listed on the calendar):</p> <ul> <li>Registration is closed for that months ranking.</li> <li>Blockstack team sends the complete list of apps to our app reviewer partners. App miners do not need to reach out to Product Hunt, Awario, TryMyUI, or the digital rights reviewer.</li> <li>Blockstack emails app miners are emailed about Product Hunt Hunting process. App miners can choose to hunt their app independently or can request to be featured by the Product Hunt team. <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>Read more</a>.</li> </ul> <p>Over the next two weeks:</p> <ul> <li>TryMyUI Tests are happening. Please don’t perform upgrades that might break the app.</li> <li>Products are launched on Product Hunt. Product Hunt team performs internal review.</li> <li>The digital rights reviewer examines apps based on the degree to which the apps respect and protect users` fundamental digital rights.</li> </ul> <p>On the last day of ranking at 11:59pm ET: App mining results are sent to Blockstack by app reviewer partners.</p> <p>On the 15th (or as listed on the calendar): Blockstack team performs App Mining algorithm as referenced <a href='https://blog.app.co/how-app-minings-ranking-algorithm-works/' target='_blank'>here</a>.</p> <p>On the following weekday:</p> <ul> <li>App miners are emailed login info to access their TryMyUI tests. </li> <li>App founders are sent an audit version of the results. </li> </ul> <p>A week later: </p> <ul> <li>Payouts are completed. </li> <li>Full App Mining results are published. </li> </ul>"
},
},
{
{
"question":"Where can I find a calendar of App Mining events?",
"question":"Where can I find a calendar of App Mining events?",
@ -17,8 +20,8 @@
"answer":"<p>Starting in August 2019, App Mining payouts will include an additional $100K payout in Stacks tokens (STX) on top of the existing $100k in BTC. And starting in November 2019 we plan to ramp the total monthly payout and switch entirely to paying out in Stacks tokens. By May 2020, we plan for the monthly payout to be $1M worth of Stacks tokens. App Mining rewards in STX earned before the hard fork will be accrued, and the tokens will be distributed following the hard fork. We expect the hard fork to occur approximately 30-60 days following the end of the term of the RegA+ cash offering.</p><p>For more detailed information, see <a href='https://docs.blockstack.org/develop/mining-rewards.html' target='_blank'>How payouts are administered</a> in the Blockstack documentation.</p>"
"answer":"<p>Starting in August 2019, App Mining payouts will include an additional $100K payout in Stacks tokens (STX) on top of the existing $100k in BTC. And starting in November 2019 we plan to ramp the total monthly payout and switch entirely to paying out in Stacks tokens. By May 2020, we plan for the monthly payout to be $1M worth of Stacks tokens. App Mining rewards in STX earned before the hard fork will be accrued, and the tokens will be distributed following the hard fork. We expect the hard fork to occur approximately 30-60 days following the end of the term of the RegA+ cash offering.</p><p>For more detailed information, see <a href='https://docs.blockstack.org/develop/mining-rewards.html' target='_blank'>How payouts are administered</a> in the Blockstack documentation.</p>"
},
},
{
{
"question":"What is the Stacks token?",
"question":"What is the Stacks token?",
"answer":"<p>Stacks (STX) token is the native utility token of the Blockstack network and the only token currently available as part of an SEC-qualified sale. Stacks tokens are consumed as "fuel" when users register digital assets, like usernames, or when they register/execute smart contracts. Using Stacks, developers can build and distribute apps that let users maintain ownership of their data and protect their digital rights.</p> <p>Learn more at: <a href='https://stackstoken.com/faq/' target='_blank'>https://stackstoken.com/faq/</a></p>"
"answer":"<p>Stacks (STX) token is the native utility token of the Blockstack network and the only token currently available as part of an SEC-qualified sale. Stacks tokens are consumed as "fuel" when users register digital assets, like usernames, or when they register/execute smart contracts. Using Stacks, developers can build and distribute apps that let users maintain ownership of their data and protect their digital rights.</p> <p>Learn more at: <a href='https://stackstoken.com/faq/' target='_blank'>https://stackstoken.com/faq/</a></p>"
},
},
{
{
"question":"How is App Mining different from cryptocurrency mining?",
"question":"How is App Mining different from cryptocurrency mining?",
@ -58,11 +61,11 @@
},
},
{
{
"question":"Who are the app reviewers?",
"question":"Who are the app reviewers?",
"answer":"<p>App reviewers are currently selected by Blockstack PBC. Reviewers are entities that have a proprietary methodology that helps them make objective judgements for why a certain app might be better than others. We strive to engage a diverse coalition of app reviewers with the goal of making application ranking objective and resilient to abuse.</p> <p>The app reviewers are Product Hunt, TryMyUI, Awario, and the New Internet Labs. See <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>here</a> for more details about each reviewer. Future reviewers could expand to community election. Please see our <a href='https://github.com/blockstack/app-mining' target='_blank'>GitHub repository</a> to raise issues or make suggestions for App Mining.</p>"
"answer":"<p>App reviewers are currently selected by Blockstack PBC. Reviewers are entities that have a proprietary methodology that helps them make objective judgements for why a certain app might be better than others. We strive to engage a diverse coalition of app reviewers with the goal of making application ranking objective and resilient to abuse.</p> <p>The app reviewers are Product Hunt, TryMyUI, Awario, and the New Internet Labs. See <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>here</a> for more details about each reviewer. Future reviewers could expand to community election. Please see our <a href='https://github.com/blockstack/app-mining' target='_blank'>GitHub repository</a> to raise issues or make suggestions for App Mining.</p>"
},
},
{
{
"question":"How are apps ranked?",
"question":"How are apps ranked?",
"answer":"<p>App reviewers have a proprietary methodology that helps them make objective judgments for why one app might be better than another. Each app reviewers determines the data, formula, and personnel they wish to utilize. For example, Product Hunt can tap into their community data to determine relative app popularity. Reviewers must publish their methodology periodically to ensure transparency.</p> <p>To learn more see <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>the detailed explanation of our ranking algorithm on our</a> <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>documentation</a>.</p> <p>Apps are ranked by all app reviewers.</p>"
"answer":"<p>App reviewers have a proprietary methodology that helps them make objective judgments for why one app might be better than another. Each app reviewers determines the data, formula, and personnel they wish to utilize. For example, Product Hunt can tap into their community data to determine relative app popularity. Reviewers must publish their methodology periodically to ensure transparency.</p> <p>To learn more see <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>the detailed explanation of our ranking algorithm on our</a> <a href='https://docs.blockstack.org/develop/app-reviewers.html' target='_blank'>documentation</a>.</p> <p>Apps are ranked by all app reviewers.</p>"
},
},
{
{
"question":"Do I have to Hunt my app on Product Hunt?",
"question":"Do I have to Hunt my app on Product Hunt?",
@ -90,7 +93,7 @@
},
},
{
{
"question":"App Mining Disclaimer",
"question":"App Mining Disclaimer",
"answer":"<p><em>The Securities and Exchange Commission (SEC) has qualified the offering statement that we have filed with the SEC. The information in that offering statement is more complete than the information we are providing now, and could differ in important ways. You must read the documents filed with the SEC before investing. The offering is being made only by means of its offering statement. This document shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</em></p> <p><em>An indication of interest involves no obligation or commitment of any kind. Any person interested in investing in any offering of Stacks Tokens should review our disclosures and the publicly filed offering statement and the <a href='https://stackstoken.com/circular'>final offering circular</a> that is part of that offering statement. Blockstack is not registered, licensed or supervised as a broker dealer or investment adviser by the SEC, the Financial Industry Regulatory Authority (FINRA) or any other financial regulatory authority or licensed to provide any financial advice or services.</em></p><h4><em>Forward-looking statements</em></h4><p><em>This communication contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: <q>will,</q> <q>expect,</q> <q>would,</q> <q>intend,</q> <q>believe,</q> or other comparable terminology. Forward-looking statements in this document include, but are not limited to, statements about our plans for developing the platform and future utility for the Stacks Token, our Reg A+ offering and launch of our network, and collaborations and partnerships. These statements involve risks, uncertainties, assumptions and other factors that may cause actual results or performance to be materially different. More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the Securities and Exchange Commission, including in the <q>Risk Factors</q> and <q>Management’s Discussion & Analysis</q> sections of our offering statement on Form 1-A. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.</em></p>"
"answer":"<p><i>The App Mining FAQs contain forward-looking statements, including statements regarding Blockstack PBC’s plans for its App Mining program. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, and reported results should not be considered as an indication of future performance. Potential risks and uncertainties that could change our actual results include, but are not limited to, risks associated with: the failure of App Mining Program to successfully incentivize the development of applications for the Blockstack network; risks associated with attacks designed to influence the App Reviewers or game their methodologies; technical difficulties in the transition from a centralized to a decentralized administration of the program. These forward-looking statements speak only as of the date hereof. Blockstack PBC disclaims any obligation to update these forward-looking statements. </i></p> <p><i>Any decisions that may be made through the App Mining Program regarding rewards provided to app developers are not recommendations as to the quality of any investments that individuals may make in a company that receives rewards. If you are considering an investment in any of these companies, you should make your own decision regarding that investment and not rely in any way on the results of the App Mining program. </i></p>"
"answer":"<p>Traditionally the term mining in cryptocurrency refers to the process of contributing compute resources to the network and earning a reward. In the Blockstack Ecosystem, instead of just mining through computation, developers mine by building apps and the Blockstack community funds them simply for being pioneers in the emerging Blockchain software market.</p> <p>We believe app mining represents a revolution in app funding, allowing small teams to bootstrap without advertising or venture capital. Each month, qualifying apps compete for funding. Qualified apps are evaluated and ranked by expert app reviewers. The better your app, the higher payout you earn.</p> <p>The pilot run began on December 1st 2018, with 34 Blockstack Apps enrolled. A previous alpha run in Oct 2018 included 17 Blockstack apps. App mining is a new mining model that we expect will evolve and improve over time. We look forward to feedback from our community regarding the App Mining process and program.</p>"
"answer":"<p>Traditionally the term mining in cryptocurrency refers to the process of contributing compute resources to the network and earning a reward. In the Blockstack Ecosystem, instead of just mining through computation, developers mine by building apps and the Blockstack community funds them simply for being pioneers in the emerging Blockchain software market.</p> <p>We believe app mining represents a revolution in app funding, allowing small teams to bootstrap without advertising or venture capital. Each month, qualifying apps compete for funding. Qualified apps are evaluated and ranked by expert app reviewers. The better your app, the higher payout you earn.</p> <p>The pilot run began on December 1st 2018, with 34 Blockstack Apps enrolled. A previous alpha run in Oct 2018 included 17 Blockstack apps. App mining is a new mining model that we expect will evolve and improve over time. We look forward to feedback from our community regarding the App Mining process and program.</p>"
"answer":"<p>Yes, App Mining is internationally available. The reviewers today cater to an English-speaking audience. The long term vision for app mining entails developing a plan to make it more internationally accessible. We will continue to update the guidelines and FAQ as the program evolves.</p>"
Mary Anthony
6 years ago