3.5.1. Quiz mining

Tokens are provided to individuals as rewards when they solve quizzes in Quiztok. This is very similar to a mining method in which rewards are given when hash value is found from PoW method.

The quiz mining method is a good alternative approach to inefficient PoW method and this can make the Quiztok block chain-based ecosystem more efficient and productive.

A certain amount of ratio in QTCON will be given as rewards. For quiz mining, Quiztok team always save enough QTCON in reward pool to provide them regularly for a certain period of time.

The number of Tokens can be changed based on exchange value of reward points.

Tokens’ exchange rate is calculated by reward points in Quiztok platform. Even though users have same amount of points, Tokens exchange rate can be flexible based on the number of users.