The NEM Hub social mining program is back again. They are making a comeback with an enticing XYM budget set aside for future community-related work.
The Symbol launch after integration is coming with XYM incentives for all creators. The purpose of this program is to gather a worldwide community of creators who will be growing the ecosystem with their creations and needs.
The New Economy Movement will be based around the NEM Symbol blockchain, and they are gathering developers and users to help build it together as a team.
Before the NEM re-launch, they have distributed $30,000 worth of XEM to their NEM Hub members as a way of settling outstanding rewards. It was distributed on May 11, 2021. Members were requested to check their accounts.
After NEM re-launch, members will be able to propose tasks to improve the NEM ecosystem development. They can further participate in executing the tasks. The deliverables will be voted on by the community. The more XYM a user stakes, the more valuable their votes are. Users have more opportunities to earn rewards with every collaboration.
With the launch of the NEM symbol, they have a new monthly budget of US$20,000 in XYM to reward content translation, article creation, tech development, graphic design, social media, and a wide variety of other tasks.
These activities are going to be encouraging for users who can build reputation points and further beginning to earn rewards. They are also resetting the NEM user reputation and point scoring system.
Beginning May 18, 2021, XYM work drop will be distributed every Tuesday. They are planning a new series of tasks to use from within the NEM community to build the Symbol ecosystem.
They are looking for everyone to use their skills to shine and create exceptional materials and initiatives to build on NEM Symbol. Being a global community, they are opening up with English, Japanese, Russian, Turkish, and Chinese tasks, and more tasks will be added as they continue to grow in size.
The following are the initial tasks that are expected to be set up: “Create tutorials and guides on how to get the best out of NEM Hub. Strengthen the NEM community’s social media presence. Improve Symbol Wallet, Symbol blockchain explorer, and Symbol NFT platform. Build the Symbol ecosystem. Spread the word on the mosaics (smart assets) and Symbol’s decentralized power & security. Create educational content regarding Symbol wallets, mosaics, the mosaic creation process, Symbol NFT platform, and the Symbol NFT creation process.”
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