BitBadges
  • Overview
    • ๐Ÿ‘‹BitBadges Overview
    • ๐Ÿ‘จโ€๐Ÿ’ปLearn the Basics
      • BitBadges Claims
      • Multi-Chain Accounts
      • Sign In with BitBadges
      • Badges
      • Address Lists
      • Attestations
      • Applications (Points)
      • Subscriptions
      • Additional Badge Concepts
        • Manager
        • Total Supplys
        • Time-Dependent Ownership
        • Transferability
        • Balances Types
      • Wallets and Sign Ins
        • Supported Wallets
        • Alternate Sign Ins / Mobile
        • Approved Transactors
    • ๐Ÿ”จGetting Started
    • ๐Ÿ’ปHow Do I Check...?
    • ๐Ÿ”How Do I Gate...?
    • ๐ŸŽจUse Cases
    • ๐Ÿ”—Official Links and Resources
    • โš–๏ธBitBadges L1 vs Others
    • ๐Ÿช™Launch Phases
    • ๐ŸŒดEcosystem
      • WordPress Plugin
      • MetaMask Snap
      • Browser Extensions
      • LinkedIn Certifications
      • Blockin
    • ๐ŸคBrand Guidelines
    • โ“FAQ
  • โŒจ๏ธFor Developers
    • ๐Ÿšดโ€โ™‚๏ธGetting Started
    • ๐Ÿ‘คHandling Addresses
    • ๐ŸงชTestnet Mode
    • ๐Ÿ“šBitBadges API
      • Getting Started
      • Full Reference
      • Typed SDK Types
      • Upgrading an API Key Tier
      • Concepts
        • Native Chain Algorithm
        • Refresh / Claim Completion Queue
        • Designing for Compatibility
        • Limits / Restrictions
        • Managing Views
        • Use via Pipedream
    • ๐Ÿ–ฑ๏ธSign In with BitBadges
      • Overview
      • Already Have Web3 Auth?
      • Alternative - P2P Verification
      • Templates and Frameworks
        • WordPress
        • Auth0
        • ExpressJS
        • Discourse
        • Supabase
        • Others
      • Setting Up an App
      • Connecting a Claim
      • Authorization URL
        • Configuration
        • Generating the URL
      • Approaches
        • QR Codes
        • Redirect Callback
      • Verification
        • Verification Flow
        • Access Tokens
        • Offline Verification
        • Security Considerations
      • Blockin Docs
    • ๐Ÿ—๏ธBitBadges Claims
      • Overview
      • Concepts
        • Standard vs On-Demand
        • Completion Methods
        • Gating Badge Distribution
        • Claim Numbers
        • Success Logic
        • Claim Links (URLs)
        • Signed In vs Select Address
        • Universal Approach - Claim Codes
        • Identify By Socials / Emails?
        • Payment Checking
        • Receiving Attestations
      • Checking Custom Criteria
      • Implementing Custom Utility
      • Leveraging AI
      • BitBadges API & Claims
        • Verifying Claim Attempts w/ the API
        • Fetching Claims
        • Auto-Complete Claims w/ BitBadges API
      • Dynamic Stores
        • Overview
        • Adding Data
      • Custom Plugins / Webhooks
        • Overview
        • Pre-Built Webhook Plugins
        • Creating a Custom Plugin
          • Implement Your Plugin
            • Getting Started
            • Hook Types and Simulations
            • Design Considerations
            • Parameters
            • Custom Inputs
            • API Handler
          • Managing Your Plugin
          • Testing Your Plugin
        • Configuration Tools
      • Integrate with Zapier
        • Overview
        • Dynamic Store Zaps
        • Automatic Claim Tutorial
        • Post-Success Zaps
        • Leveraging Zapier AI Actions / MCP
        • Automate Any Part of the Process
          • Google Forms
      • Integrate with Pipedream
        • Overview
        • Leveraging Pipedream MCP
        • Build Custom Plugins
        • Workflow Actions
          • Complete Claim
          • Get Claim Attempt Status
          • Get Claim Code by Idx
          • Add User to Dynamic Store
        • Workflow Triggers
          • Poll Claim Attempts
        • End to End Example
      • In-Site Plugins
        • Plugins Directory
        • Plugin Documentation
        • Ownership Requirements
      • Tutorials
        • In-Site Guides
        • Get Integration User IDs
          • Get Discord User ID
          • Get Discord Server ID
          • X / Twitch / GitHub IDs
        • Add Telegram Bot to Channel
    • โš’๏ธBitBadges JS / SDK
      • Overview
      • SDK Types
      • Common Snippets
        • Address Conversions
        • NumberType Conversions
        • Uint Ranges
        • Balances
        • Transfers
        • Address Lists
        • Badge Metadata
        • Approvals / Transferability
        • Off-Chain Balances
        • Timelines
    • ๐ŸŒŸBadges - Advanced
      • Overview
      • Balances / Transfers
        • ๐Ÿ“ŠBalances
        • โž•Valid Badge IDs
        • ๐Ÿช™Balance Types
        • ๐ŸคTransferability / Approvals
        • โœ…Approval Criteria
          • Overview
          • $BADGE Transfers
          • Override User Level Approvals
          • Approval Trackers
          • Tallied Approval Amounts
          • Max Number of Transfers
          • Predetermined Balances
          • Requires
          • Merkle Challenges
          • Extending the Approval (Advanced)
      • Self-Hosted Balances
        • Overview
        • Examples / Tutorials
          • Indexed
          • Non-Indexed
      • Permissions
        • Overview
        • Action Permission
        • Timed Update Permission
        • Timed Update With Badge Ids Permission
        • Badge IDs Action Permission
        • Update Approval Permission
      • Standards
      • Archived Collections
      • Metadata
      • Timelines
      • Different Time Fields
      • List IDs
      • Uint Ranges
      • Subscriptions Protocol
    • โ›“๏ธBitBadges Blockchain
      • Overview
      • Chain Details
      • REST API Docs - Node
      • Staking / Validators
      • Run a Node
        • Overview
        • Run a Mainnet Node
        • Run a Local Dev Node
        • Cosmovisor
      • Create a Smart Contract
      • ๐Ÿ”ƒCreate, Generate, and Sign Txs
        • Transaction Context
        • Generate Msg Contents
        • Signing - Cosmos
        • Signing - Ethereum
        • Signing - Solana
        • Signing - Bitcoin
        • Broadcast to a Node
        • Sign + Broadcast - bitbadges.io
      • ๐Ÿ“ฉCosmos SDK Msgs
        • x/anchor
          • MsgAddCustomData
        • x/badges
          • MsgCreateCollection
          • MsgUpdateCollection
          • MsgDeleteCollection
          • MsgCreateAddressLists
          • MsgTransferBadges
          • MsgUpdateUserApprovals
          • MsgUniversalUpdateCollection
        • x/wasmx
          • MsgStoreCodeCompat
          • MsgInstantiateContractCompat
          • MsgExecuteContractCompat
        • x/maps
          • MsgCreateMap
          • MsgUpdateMap
          • MsgDeleteMap
          • MsgSetValue
        • MsgSend
        • Cosmos Native Msgs
    • ๐Ÿง Other Concepts
      • Uint Ranges
      • Accounts (Low-Level)
      • Address Lists
      • Maps / Protocols
      • Attestations - Advanced
        • Overview
        • Creating an Attestation
        • Custom Creation Links
        • Proofs vs Attestations
        • Deriving a Proof
        • Design Considerations
        • Verification / Presentations
        • Custom Schemes
          • WITNESS Proofs
Powered by GitBook
On this page
  • Phase 1: Betanet
  • Phase 2: Official Mainnet
  • Credits ($BADGE vs $STAKE)
  • $BADGE
  • $STAKE
  1. Overview

Launch Phases

BitBadges plans to execute a two-phased launch:

Phase 1: Betanet

Betanet is the initial phase of BitBadges upon launch. This is a phase where we plan to ship fast, gain feedback quickly, and iron out all bugs as quickly as possible in order to build the best product for you long term.

To allow us to do so, there will be no governance decisions, and all in-app credits will be purchasable via a faucet-like system (explained below).

Phase 2: Official Mainnet

Once betanet is concluded and we feel ready, we will officially deploy a mainnet version of BitBadges. Everything will carry over.

In mainnet, we will look to decentralize further, operate under a governance model, and see out our vision as a fully decentralized and indestructible protocol. Time of this phase is TBD but most likely, this will be started when the betanet faucet runs out.

We will also look to migrate to being fully open-source where possible.

Credits ($BADGE vs $STAKE)

$BADGE is the in-app compute credits system we use for blockchain transaction fees, such as creating or transferring badges. All transactions will require a fee of some number of credits.

$STAKE is used by nodes to secure the network. BitBadges operates under a proof-of-stake consensus model using $STAKE. Once mainnet phase launches, we also plan for $STAKE to be used in governance decision votes.

IMPORTANT: $BADGE and $STAKE are NOT to be speculated upon and are NOT financial assets. It is a system which is intended for purchase and usage as in-app compute credits, not trading, exchanging, etc.

$BADGE

Total Supply: 100,000,000

Inflation: None

Initial Airdrops

We plan to airdrop the first 10,000,000 of the credits supply completely free of charge to select users. Please reach out to us on Discord if you or your community are interested in building with BitBadges and would like some free credits to get started.

Airdrops Planned

  • 10 $BADGE for first 100k users on the site (claimable any transaction page on site like the mint page)

  • 100 $BADGE to developers who want to build on top of BitBadges (up to 5000 developers)

Faucet: Remaining Supply

The rest of the supply is simply up for purchase via the BitBadges site. BitBadges reserves the right to dynamically increase / decrease price according to demand. It will begin at $1 per credit.

$STAKE

Initial Supply: 100,000,000

Inflation: 7-20% (Set at 13%)

Allocation

Reach out to us in DIscord if you are interested in running a node. $STAKE will be distributed (while supplys last) to the first ~100 who complete a quick application process. This is to ensure the quality of node operators in our ecosystem.

PreviousBitBadges L1 vs OthersNextEcosystem

Last updated 9 months ago

$STAKE will inflate at rate of 7-20% per year. Learn more about how this works . This serves as an incentive for nodes to put their stake to work and secure the network and earn more.

๐Ÿช™
here