Dear Community Members,

The Community Hub Launch Event concluded two weeks ago. We had over 400,000 real users registered over the course of the event which makes it one of the largest community events that the crypto space has ever experienced!

During the last two weeks our anti fraud team has been working very hard to identify the people who tried to exploit the community hub program and disrupt the well-being of our community.

Through this process, we identified over 500,000 spam accounts and gathered a blacklist of over 3 million automated data entries. We will use this for future IOST activities and share this valuable intelligence with our partners.

Our community members played a vital role in the fight against spammers — we received 627 fraudulent reports globally and in order to express our gratitude — rewards will be granted to those upstanding community members in the next 5 business days!

After filtering out all the spammers and fraudulent activities, we have recycled an incredible amount of IOST that will now be granted to our community. We will soon raise the daily contribution pot (currently at 10,000 IOST) to 100,000 IOST per day until the reclaimed tokens are exhausted.

Relaunch of the Hub and New Features!

The Community Hub has now been relaunched with further development and additional features!

Referral System Changes

You can now check your referral information in the Account tab

For each successful invite, you can earn up to 240 CP — 100 CP after your invitee successfully passes the quiz and then 20CP for each additional social account your friend verifies (up to a max of 7)

For new users: after successful sign up, each new user will receive 20 IOST

Additionally — for each social account verified the user will receive 5 IOST

New social accounts added:

Weibo

Wechat

Facebook

More to come!

Upcoming features

Hub Mobile App

IOST Discussion Forum

Community Q&A

Lock-Up Plan

Details about the lock-up plan will be released in Mid-August. The plan will commence soon after the particulars are announced.