PROOF OF LOVE (POL)

Pain Point

Some crypto tokens are primarily driven by social media hype and community engagement rather than intrinsic value or technological innovation. This makes them highly speculative and volatile investments. A common strategy in meme coin trading is the "pump and dump," where early investors promote a coin to inflate its price and then sell off their holdings at a profit, leaving later investors with losses. This creates an environment of distrust among traders, as many are wary of being left with worthless tokens. The competitive and often adversarial nature of trading can lead to toxic interactions among traders. The focus on short-term gains can overshadow the community aspect, leading to a cutthroat atmosphere.

Solution

To incentivize the investors to show some love to other traders, we might want to reward the investors with these behaviors. Our system will identify 3 traders with maximum loss in game last week and recover 90% of their tokens back to their wallets. The recovery is achieved by voluntary donation of small amount (e.g. $10 in value) by individual community member to aggregate as a pool for the recovery. Those who make donation will be tracked by our system and will be checked with the donation history (PoL) and rewarded in future.

As a analogy, our system aims to cultivate the gaming atmosphere to be like playing mahjong with family and friends. You will not want to make a killing to win all their money but to enjoy the time with some kind of excitement in the game.