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Introducing Vault12 Community Rewards
Vault12 Blog

Introducing Vault12 Community Rewards

***Updated Leader Board ***


Community Rewards

As announced in the Vault12 Platform white paper, we allocated 80,000,000 tokens to be used over the next five years for Community Rewards. It's time to activate that program and lay out the high-quality activities now and in the future that will enable members of the community to receive Vault Guardian Tokens (VGT) as a reward for helping expand the community and quality of the Vault12 platform.

When we outlined our vision a few years ago, we knew from the start that it would take more than one company or any one team to create a successful distributed secret-keeping platform. Therefore, we planned from the beginning for a moment in the platform's evolution when multiple parties will start contributing value to the platform and earn revenue by operating various parts of the Vault12 stack. To bootstrap that process, beginning next month, we will start rewarding outstanding individuals or teams who have excelled in their support of the Vault12 community.

What are the Rewards?
We will be issuing rewards in the form of VGT every month or quarter to individuals whose high-quality activity is eligible for a reward. Average awards will range from 50,000 VGT to 500,000 VGT, but for truly outstanding achievements we might go beyond these limits.

How can you earn rewards?

There are many avenues to earn community rewards now and in the future. The key questions to consider would be as following:

- Is this genuinely helping the broader community?

- Is this moving a specific product or service forward?

- Is this contributing persistent value to other members of the community or platform customers?

The first activity we need help right away is for quality feedback during the Beta — please enroll in the Beta testing at https://vault12.com/beta. We plan to have Beta award each month, and we'll be announcing our first winners shortly.

Subsequently, once the product is live, we will expand the quality activities which are eligible for rewards to include the following:

- The discovery and reporting of security and other application bugs.

- Helping new community members on social channels

- Offering service as a "professional" Guardian to the wider community.

- Publishing tutorial videos on how to use Vault12 application, serve as Guardians or other aspects of the platform.

- Writing blog posts about the Vault12 app.

- Hosting a professional relay (https://github.com/vault12/zax)

- Organizing a Vault12 Workshop to show people hands-on how they can secure assets in a Vault and assign Guardians.

- Organizing a Meetup — to discuss issues including crypto security and reducing risks in owning cryptocurrencies.

Qualification Criteria

All participants must pass KYC.

Distributions of cryptocurrency are subject to the same KYC/AML requirements as financial transactions and, therefore everyone receiving an award must be identified and pass KYC/AML requirements regardless of where they reside.

A quick word on social media activity — while we love to see lots of activity on social media, for some platforms, posts on topics concerning crypto are still subject to restriction, so we will not be offering community rewards solely for activity on social media.

Considerations for Rewards

Rewards will consist of a distribution of Vault Guardian Tokens (VGT). As these tokens are considered securities under U.S. SEC regulations, they are subject to tax under certain circumstances. For US Residents, we are required to issue a 1099.

While we cannot offer financial advice, depending on the jurisdiction of where you reside, you will need to conform to applicable securities regulations.

*** Leader Board

Community Reward Recipients:

June 2019

M.E., Germany: 500,000 VGT for extensive and detailed testing of the beta Vault12 app.

August 2019

Beta testing Vault12 app
VZ, Belarus: 100,000 VGT
BBB, Ireland: 100,000 VGT
NT, Netherlands: 100, 000 VGT

November 2020

Industry Relations
CLC, US, 100,000

Vault12 Blog

Introducing Vault12 Community Rewards

***Updated Leader Board ***

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Digital Inheritance today. Get ready for Tomorrow.

Digital Inheritance today. Get ready for Tomorrow.

Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way to ensure cryptocurrency, NFTs and other digital assets can be accessed by future generations.

Digital Inheritance enables investors to designate an individual who will inherit their entire portfolio of digital assets stored in a secure Vault once the time comes, eliminating undue risk and the need to continually update an inventory or continually issue updated instructions which can result in privacy leakage.

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Securely store Cryptocurrency, NFTs and Secrets.

Designed to be used alongside traditional hardware, software and online wallets, Vault12 helps cryptocurrency owners, professional cryptocurrency traders, and high net worth investors safeguard their digital assets without storing anything in the cloud or in fact any one single location. This increases the protection and decreases the risks of loss.

The Vault12 app helps you recover, back up, and provide legacy inheritance for all your digital assets, including Bitcoin, Ethereum, NFTs, other cryptocurrencies, secrets like keys, seed phrases, PIN codes, digital art, and of course, your crypto wallets.

Creators, protect your Projects.

Creators, protect your Projects.

As a creator you can use Vault12 to safeguard not just your NFT and crypto wallets, but also original digital artwork. Project creators will always have to deal with multiple wallets - inventory, treasury as well as future royalty wallets.

Vault12 safeguards your project assets, increasing protection and decreasing the risks of loss, whilst ensuring that everything is ready to go to be passed onto future generations, when the need arises.

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Collectors, ensure your Art is protected for the future

Whether your digital art is suitable for a phone, or represents much higher resolution multimedia, make sure that you have backed up a copy in case the resource link is disrupted in the future. Digital art can easily be added to the Vault either via the mobile app or via the desktop utility. Once you have stored your artwork in your Vault, it will also benefit from inheritance once you set that up in your app.

Learn

Step-by-step guides for setting up your digital Vault and adding assets, recovering assets, and recovering Vaults. Vault12 crypto security helps you recover, back up, and inherit all assets stored in your Vault including Bitcoin, Ethereum, crypto, private keys, seed phrases, wallets, NFTs and digital art.

Learn

With the latest release of Vault12, now available in both iOS App Store and Google Play we have streamlined how you can use VGT to upgrade your Vault or fund your Vault for future. Right now there is a 50% discount on all plans if you fund your Vault with VGT.

How to set up a Digital Vault.

How to get the Vault12 app, create your own Digital Vault, and assign trusted Guardians to guard your Vault.

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