Praise is a comprehensive community intelligence, reputation and rewards system designed to help communities create a more engaging online environment.

Praise could be an amazing addition to ENS and the wider Ethereum community because it allows community members to acknowledge each other's contributions and practice gratitude by "praising" peers. This bottom-up approach values peer recognition, keeping the community engaged and invested while promoting a more positive and healthy team culture.

Praise gives active builders more influence and power within the organization, which is an important consideration in building a strong and sustainable society while retaining contributors.

Current DAO's face various coordinations problems as: Community engagement - so often we reach out to community members on Discord servers and if there is no one with a specific role to answer you, rarely someone outside the core team engages. There are no incentives for someone who knows the answer to reply.

Community intelligence - as an ecosystem we need a comprehensive, transparent and verifiable system for gathering and analyzing data about community contributions and engagement. In Web3 and DAOs, it is often difficult to get a clear picture of who is contributing to the community, what they are contributing, and how their contributions are impacting the community as a whole.

Reputation system - currently, many DAOs are governed primarily by financial power, which can be suitable for some types of organizations, but may not be the best fit for others. In particular, DAOs that aim to acknowledge expertise and contributions together with financial investment could benefit greatly from implementing a reputation-based governance system.

Reward misalignment -, as of now, decisions rely on token holders’ financial power to govern the organization. This can lead to a lack of incentives for non-token holders to contribute to the organization.

To solve these issues as an ecosystem we need Praise, which is a comprehensive community intelligence, reputation and rewards system designed to help communities create a more engaging online environment. Praise allows community members to acknowledge each other’s contributions and practice gratitude by praising peers. This bottom-up, grassroots approach values peer recognition, keeping the community engaged and invested while promoting a more positive and productive online community. Praise is a working open-source product created by the Commons Stack and developed by General Magic. Praise is being used in multiple communities such as Token Engineering Commons, Giveth, and Gnosis, just to name a few. Besides its communal benefits, communities also: Use Praise for insights. Praise curates how your community functions. Praise provides different types of data analysis and reports. We call this community intelligence.

Use Praise to reward contributors. Contributors are rewarded based on actual contributions and impact. Praise allows contributors to reward peers for their participation and loyalty with tokens, points, badges, or other virtual rewards. Praise integrates with a variety of token distribution platforms. This system can help organizations create better user experiences, increase user engagement, and foster a more supportive community. Use Praise to build a culture of cooperation, giving and gratitude.

Praise → Learn → Score → Reward

Next steps, to unlock the full potential of Praise with Our Roadmap for Spring '23! Discover the Exciting New Use Cases That Will Revolutionize the Web3 Ecosystem. Use Praise to build reputation scores. Praise provides a transparent and verifiable record of community contributions. Praise has a built-in feature that allows the creation of reputation scores which can be used to reward contributors for their efforts. Reputation can be used as a governance tool, without financial power ensuring builders get to communicate ideas since reputation can not be sold in the market. This feature is easy to use, even if you don’t have any prior experience with Web3 technologies. Praise will also support more advanced use cases, such as creating POAPs, NFTs or verifiable credentials that can be used to securely store and share information about an individual’s qualifications, achievements, skills, and other attributes.

Make the most of Praise’s open-source capabilities and start experiencing its benefits today with ease and simplicity!