TAGGRPrice

(TAGGR)

TAGGR is a fully on-chain social media platform built on the Internet Computer (ICP) protocol. Unlike traditional platforms, it operates as a community-owned Decentralized Autonomous Organization (DAO). This means the platform is entirely autonomous and runs without a central company. Content is immutable, ensuring that only the creator can edit or delete their posts. Additionally, no central administrator can ban users; such actions require a collective DAO vote. Both the frontend and backend are hosted within smart contracts, making the platform independent of centralized cloud providers.

Users can acquire $TAGGR tokens through active participation and contribution to the platform. The primary methods include "mining" by maintaining an active presence, receiving positive reactions from other users on posts, and participating in weekly token auctions. Because the platform is designed to reward quality engagement, users who consistently provide value to the community have more opportunities to accumulate the governance token.

TAGGR utilizes a dual-system approach to manage its economy. Credits are an internal currency used to facilitate platform interactions, such as paying for posts or reacting to content. These act as the utility fuel for daily activity. In contrast, $TAGGR is the platform's governance token. Holding $TAGGR grants users a proportional share of the platform’s revenue and the power to vote on protocol upgrades and management decisions. This separation ensures that operational costs are handled by credits while long-term value and control remain with token holders.

Stalwarts are trusted moderators within the TAGGR community. Users reach this status by earning 'Karma' through high-quality engagement and consistent positive feedback from other members. TAGGR’s governance is unique because it uses a 'square root of karma' weighting for votes. This means that a user's influence is based on their historical contribution and reputation rather than just their token balance. This system prevents the platform from being controlled solely by large holders and ensures that dedicated community members have a significant voice.

As an ad-free platform, TAGGR relies on a 'post-to-pay' model where user activity generates revenue in the form of credits. This revenue is used to fund the system's computing costs, known as 'cycles' on the Internet Computer. To maintain the integrity of the ecosystem, the DAO frequently updates its reward algorithms to identify and mitigate 'engagement farming' or bot activity. By adjusting how rewards are distributed, the community ensures that the treasury is used to reward genuine human interaction rather than automated spam.

Yes, TAGGR is considered 100% on-chain because its entire infrastructure, including the database and user interface, resides in smart contracts. Users typically access the platform via Internet Identity, a biometric or hardware-based authentication standard. $TAGGR is an ICP-native token following the ICRC-1 standard. While it is primarily traded on decentralized exchanges within the Internet Computer ecosystem, it is also tracked by various global trading platforms. It remains independent of DFINITY’s official Service Nervous System (SNS), having launched as a homegrown DAO.