Proof of Care (PoC)

Rather than distributing presale tokens based on, say, how much users are contributing, companies can distribute token based on the quality of your proof-of-care for the project. On top of that, it's not even about social proof (i.e., how many Twitter followers you have), it's about the genuineness of your proof-of-care.

It's a great way to essentially crowd-market your blockchain project by encouraging others to get the word out about it. it's about producing interesting, fun, informative content.

Used in

• Quantstamp

• TomoCoin

Pros

• Implementing individual caps is very good step and can restrict whales from entering the public sale

• Attract long term investors

• Help spread the word by individuals

  Cons

• Content creators have an advantage as they will have more influence and better chances to make it through.

• Other people will just copy content from other's post just to complete their Proof of Care = lot of spam.

  Read more

  Whitepaper https://github.com/iost-official/Documents/blob/master/Technical_White_Paper/EN/Tech_white_paper_EN.md#consensus-mechanism