<h1>About The Bounty</h1> 🏆 ISC is the Holy Grail of Stablecoins: Stability ⚖️ + Gains 💪🏻&nbsp;+ Community Oversight 👀 &nbsp; ISC is supported by an underlying basket of real-world assets. <ul> <li>20% Global Cash</li> <li>20% Gold</li> <li>20% T-Bills</li> <li>20% Global Bonds</li> <li>20% Global Equity</li> </ul> &nbsp; ISC is an inflation-resistant stablecoin that is designed to steadily appreciate in value over time. Unlike USDT &amp; USDC, ISC is not pegged to the US Dollar. Instead, ISC is pegged to the value of a basket of real-world assets. Backtesting between 2000 and 2023 highlights ISC's strong performance: a 3.11x increase in value and a 5.06% annualized return. In this sense, ISC is crypto <a href="https://www.investopedia.com/terms/h/hardmoney.asp" target="_blank">hard money</a> because it is a currency supported by tangible, real-world assets. &nbsp; Simply put, ISC increases in price as the basket of real-world assets increases in value. As a consequence, ISC offers a novel combination of price stability &amp; inflation resistance. This is a significant improvement on USD-pegged stablecoins that diminish in value due to US Dollar inflation.&nbsp; &nbsp; <h3>ISC Governance Token (IGT): Insane Community Oversight</h3> 🚀 IGT is a Governance Token with real oversight powers. &nbsp; IGT functions as the governance token for ISC and grants its holders membership within the ISC DAO. With this membership, IGT holders gain considerable <a href="https://medium.com/@TheISCTeam/is-the-isc-reserve-system-the-worst-f-king-idea-ever-7a7f7bc8e330" target="_blank">voting authority and oversight responsibilities</a>. Among their duties, ISC DAO members are tasked with deciding the specific composition of the underlying real-world asset basket and ensuring the safety and existence of these assets. The ISC DAO is a considerable improvement on Tether and Circle, which have absolutely no community oversight, allowing them to gamble with customer deposits while USDT &amp; USDC users are left holding the bag 🤡. A significant amount of IGT&rsquo;s total supply (35%) will be Airdropped and Granted to early ISC Users &amp; Supporters over the first 4 years. &nbsp; <ul> <li>240 Million IGT Airdrops(24%) for ISC Users (5 million/month)</li> <li class="ql-indent-1">Airdrop is based on ISC holdings and holding duration, with no complex staking.</li> <li>110 Million IGT Grants (11%) for ISC Supporters:</li> <li class="ql-indent-1">Evangelists</li> <li class="ql-indent-1">Community Managers</li> <li class="ql-indent-1">Content Creators, etc.</li> </ul> &nbsp; To align the economic incentives between ISC &amp; IGT, 30% of the revenue generated by the ISC Team will be allocated to acquire IGT from the market and subsequently burn the purchased IGT. As the ISC DAO steers ISC towards success, the market capitalization of ISC is expected to rise. This growth in ISC's market capitalization will, in turn, increase the amount of revenue available to burn IGT. Conversely, IGT holders have no incentive to make decisions that jeopardize ISC's long-term success. Detrimental decisions affecting ISC's stability would likely result in a decrease in both ISC&rsquo;s market capitalization and the revenue available to burn IGT. &nbsp; <h3>Goals of the Bounty</h3> The ISC Team is sponsoring a bounty for participants to write a Deep Dive Essay &amp; Twitter Thread on the ISC stablecoin and its governance token IGT, highlighting the following: <ul> <li>What is ISC &amp; IGT?</li> <li class="ql-indent-1">Explain this as clearly &amp; simply as possible. Use memes, graphics, metaphors, or whatever! Get those creative juices flowing!</li> <li>Why is ISC better than USDT (Tether) or USDC (Circle)?</li> <li>Why should people get hyped for ISC &amp; IGT?</li> <li>Bonus points for: Why is ISC better than USDT &amp; USDC for crypto treasuries?</li> </ul> &nbsp; <h3>🎯 Your Mission</h3> Become an expert on International Stable Currency (ISC) and its governance token (IGT) and consolidate your knowledge into a: <ol> <li>Written Essay</li> <li>Twitter Thread</li> </ol> &nbsp; <h2>Rewards</h2> 🥇 First Prize: <ul> <li>$1000 USDC</li> <li>Member status in Superteam</li> <li>Syndication in Superteam&rsquo;s newsletter</li> </ul> &nbsp; 🥈 Second Prize <ul> <li>$300 USDC</li> <li>Contributor status in Superteam</li> </ul> &nbsp; 🥉 Third Prize <ul> <li>$200 USDC</li> <li>Contributor status in Superteam</li> </ul> &nbsp; 💰 ADDITIONAL CASH PRIZES MAY BE GIVEN! THE MORE THE MERRIER! 💰 &nbsp; <h2>Evaluation Criteria</h2> Did you&hellip; <ul> <li>Make it easy to understand ISC &amp; IGT?</li> <li>Explain why ISC is better than USDT &amp; USDC?</li> <li>Explain the ISC DAO and its key Voting Rights?</li> <li>Explain why the ISC DAO makes ISC more transparent and trustworthy than Tether or Circle?</li> <li>Explain how users can get IGT?</li> <li>Explain why IGT could be extremely valuable?</li> <li>Generate Hype?</li> <li>Use any helpful graphics or memes?</li> <li>Learn everything there is to know about ISC &amp; IGT?</li> <li><a href="https://t.me/youknoweno" target="_blank">Message the ISC Team</a> to ask clarifying questions?</li> <li class="ql-indent-1">NOTE: You do not HAVE to message The ISC Team to receive a favourable evaluation. It&rsquo;s merely a resource for you to use.</li> </ul> &nbsp; Writing Style <ul> <li>Does the title make someone want to click?</li> <li>Did you write an engaging introduction?</li> <li>Is your essay reader-friendly and entertaining?</li> <li>Are there no grammatical or spelling errors?</li> </ul> &nbsp; Submission Requirements <ul> <li>Participants need to submit both the Deep Dive Essay and the Twitter Thread link to be eligible for this bounty</li> <li>For the Deep Dive Essay, write a compelling Call to Action (CTA) to encourage readers to join the <a href="https://t.me/TheISCTeam" target="_blank">ISC Telegram</a> AND follow <a href="https://www.twitter.com/TheISCTeam" target="_blank">ISC Twitter</a> to learn more.</li> <li>For the Twitter Thread:</li> <li class="ql-indent-1">Your follower count does not matter for evaluation</li> <li class="ql-indent-1">Tag the @TheISCTeam</li> <li class="ql-indent-1">Link your Deep Dive Essay</li> <li class="ql-indent-1">Invite others to join <a href="https://t.me/TheISCTeam" target="_blank">ISC Telegram</a></li> </ul> &nbsp; Additional Requirements <ul> <li>Is your submission at least 1,000 words? Typical bounty winners are ~2,000 words.</li> <li>Did you submit before the deadline?</li> <li>Have you listed your sources in the "References" section? Lack of citations risks plagiarism and bounty rejection.</li> <li>Kindly test your submission for plagiarism. If the submission contains more than 15% plagiarized content, your submission will be rejected. Regular offenders can also be disqualified from participating in the bounty program going forward.</li> </ul> &nbsp; Check out <a href="https://superteam.substack.com/" target="_blank">previous bounty winners</a> to get a sense of the quality we expect. &nbsp; <h2>Resources</h2> 👋🏻 Hi! I&rsquo;m Eno. The co-founder of ISC. If you have any clarifying questions, <a href="https://t.me/youknoweno" target="_blank">please message me on Telegram</a>! I am more than happy to engage with you. Especially if you find something confusing. &nbsp; The Explainer Video, Summary, and Whitepaper are the three most important resources at your disposal. &nbsp; <ul> <li>⭐&nbsp;<a href="https://www.youtube.com/watch?v=oTUNjprdU0s" target="_blank">EXPLAINER VIDEO</a> ⭐</li> <li>⭐<a href="https://www.notion.so/2129ef0f91bb4555b639e5f601850039" target="_blank">SUMMARY</a>⭐</li> <li>⭐<a href="https://www.notion.so/d18ddce254d947be84440aa5edca0185" target="_blank">WHITEPAPER</a>⭐</li> <li><a href="https://www.isc.money/" target="_blank">Website</a></li> <li><a href="https://t.me/TheISCTeam" target="_blank">Telegram Community</a></li> <li><a href="https://twitter.com/TheISCTeam" target="_blank">Twitter</a></li> <li><a href="https://medium.com/@TheISCTeam" target="_blank">Medium Blog</a></li> <li><a href="https://www.notion.so/Deep-Dive-Bounty-Guidelines-bb86ec5ac3a14087b018b90afe69d5bd" target="_blank">Superteam&rsquo;s guidelines on how to write a great deep dive essay</a></li> <li>For any questions, DM <a href="https://twitter.com/pratikdholani" target="_blank">@pratikdholani</a> on Twitter or @pratikd#5848 in Superteam&rsquo;s Discord</li> </ul> &nbsp; Deadline: May 28, 2023; 11:00 PM (Indian Standard Time) &nbsp; Participation in this bounty is entirely voluntary. Bounties are a way to learn and dabble in opportunities to build in web3. These are neither full-time jobs nor project-based engagements. Please be advised that the sponsors will not have time for individualized feedback due to the number of entries we receive. Please check out <a href="https://www.notion.so/Superteam-Terms-of-Engagement-8a49d6b0239f4ecd8f40766abae44f64" target="_blank">Superteam Terms of Engagement</a>. &nbsp; &nbsp; &nbsp; &nbsp;

International Stable Currency Deep Dive Bounty & Thread

International Stable Currency Deep Dive Bounty & Thread

1,500 USDC Total Prizes
1,000 USDC 1st 300 USDC 2nd 200 USDC 3rd