⚙️S.C.O.R.E and How it Works?
By providing a numerical reputation score for each user, BlastScore uses a proprietary algorithm that takes into account only the important factors in a particular user's on-chain life.
Dozens of parameters in the S.C.O.R.E. algorithm can be adapted to the specific requirements of any Web3-product, creating for it a unique but authentic architecture.
After all, with any combination of these parameters - the S.C.O.R.E. mechanism remains unchanged:
A high value of one of the parameters does not guarantee a high final rating, a balancing act is envisioned.
Due to the non-linear correlation between parameters, one cannot directly increase users reputation by simply buying additional NFTs and d eploying a random smart contract without purpose.
In the broadest sense, the recommendation to work through BlastScore is: An active user of the Web3 space can utilize all verticals (DeFi, NFT, DAO, Social, etc.) and make a real contribution to Web3 development, in very different ways.
If your S.C.O.R.E. level is ranked below what is required by some project, this is not an indication of unfairness, as the rating primarily indicates that there is not enough data in the chain at the moment to give a particular user a higher rating.
In the case of BlastScore, it is convenient to draw a parallel with the credit rating of the banking system: At a certain position in the rating, you have access to different privileges, and in the case of Web3 events, a certain role corresponding to your status.
An approximate list of on-chain parameters for rating S.C.O.R.E.:
To be blastdated…
Important: We use an algorithm for data processing developed personally by the BlastScore team using our own infrastructure, but we are fans of decentralization. This means that the final look of the product can be changed or supplemented based on the interests of the future DAO and ordinary users of our service.
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