Community Reward Tokens
Here you can find a list of all tokens we award our users.
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Here you can find a list of all tokens we award our users.
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Was this helpful?
For legal reasons, BCard can only distribute tokens that are NOT considered "investment contracts".
The SEC (Securities and Exchange Commission) uses the Howey Test to define whether or not tokens are investment contracts. The Howey Test looks at the follow criteria:
An investment of money
In a common enterprise
A reasonable expectation of profit derived solely from the efforts of others
BCard does not distribute tokens which would satisfy ALL of the above criteria. To ensure that's the case, we list all tokens we distribute on this page.
Contract Address: none
BCard are off-chain points which BCard team distributes to document contribution to our mission.
The BCard token is NOT a security:
Investment of money? Yes, contributors exchange their effort or interchange fees in exchange for this token.
In a common enterprise? Yes, contributors are all working to pursue our mission.
A reasonable expectation of profit derived solely from the efforts of others? No, BCard tokens have no claim on revenue or profit. In fact, BCard revenues must go towards pursuit of our mission, as defined in our Foundation Bylaws.
Contract Address:
The BANK token is distributed by BanklessDAO to incentivize contribution to their mission: to create user-friendly onramps to onboard the next 1B people to bankless tools.
The BANK Token is NOT a security:
Investment of money? Yes, contributors exchange their effort or purchase tokens from a DEX.
In a common enterprise? Yes, contributors are all working to pursue the mission.
A reasonable expectation of profit derived solely from the efforts of others? No, BANK tokens have no claim on BanklessDAO's treasury. BANK tokens are for governance rights only.
The USDGLO Token is NOT a security:
Investment of money? Yes, USDGLO tokens are available for purchase on a DEX.
In a common enterprise? Yes, USDGLO exists to help fund public goods.
A reasonable expectation of profit derived solely from the efforts of others? No, all profits from USDGLO go to funding public goods, not to the holders of the token.
HIGHER was distributed to early members of the community and is used as a way to reward contribution to the decentralized Higher brand.
The HIGHER Token is NOT a security:
Investment of money? Yes, HIGHER tokens are available for purchase on a DEX.
A reasonable expectation of profit derived from the efforts of others? No, HIGHER token is given for contribution and not for profit.
The Noggles Token is NOT a security:
Investment of money? Yes, NOGS tokens are available for purchase on a DEX.
In a common enterprise? No, the Nouns ecosystem is sufficiently decentralized to the point where a common enterprise does not exist.
Contract Address: none
OMF are off-chain points which BCard team distributes to document contribution to Open Medicine Foundation.
OMF is NOT a security:
Investment of money? Yes, contributors contribute interchange fees in exchange for these points.
In a common enterprise? Yes, contributors are all working to pursue OMF's mission.
A reasonable expectation of profit derived solely from the efforts of others? No, OMF have no claim on revenue or profit. They cannot be traded or sold.
POOL token is NOT a security:
Investment of money? Yes, POOL token is available for purchase on a DEX.
In a common enterprise? Yes, contributors work together to pursue the mission.
A reasonable expectation of profit derived from the efforts of others? No, POOL token is meant for governance and not for profit.
Contract Address: none
PURP are off-chain points which BCard team distributes to document contribution to Purple.
PURP is NOT a security:
Investment of money? Yes, contributors contribute interchange fees in exchange for these points.
In a common enterprise? Yes, contributors are all working to pursue Purple's mission.
A reasonable expectation of profit derived solely from the efforts of others? No, PURP have no claim on revenue or profit. They cannot be traded or sold.
WOETH token is NOT a security.
Investment of money? Yes, WOETH is available for purchase on DEX.
A reasonable expectation of profit derived solely from the efforts of others? No, WOETH has a reasonable expectation of profit, but this comes from the underlying asset (ETH) and not from Origin Protocol.
Contract Address:
The USDGLO token is distributed by the to help fund public goods via stablecoin profits.
Contract Address:
In a common enterprise? No, the Higher ecosystem is sufficiently decentralized to the point where a common enterprise does not exist. As their says "There is no team. You can make anything. Aim Higher."
Contract Address:
The NOGS token is distributed by to incentivize "nounish behaviour".
A reasonable expectation of profit derived from the efforts of others? No, and have no economic value.
Contract Address:
The POOL token is distributed by to "control the PoolTogether protocol".
Contract Address:
WOETH token is distributed by and "designed to offer enhanced security, higher yield, and a tighter peg to ETH". Origin Protocol has a legal opinion from a leading US law firm that states that OETH is unlikely to be considered a security under US law.
In a common enterprise? No, ETH (and therefore WOETH) is not a security because it is sufficiently decentralized.