Decentralized Scoring Mechanism

RankChain empowers its community to actively shape the on-chain reputation layer through a transparent, token-driven scoring system. This mechanism allows users to participate directly in evaluating the performance and influence of blockchain wallet addresses — and earn rewards for doing so.

To participate, users must first stake $RCN, the native utility token of the RankChain protocol. The amount of $RCN staked determines the number of votes a user can cast — more tokens staked means greater voting power. This design ensures that scoring is not only open, but also economically weighted by conviction.

Once staked, users can select any eligible wallet address and submit a score by casting their votes. Each address can be rated based on its perceived impact, profitability, or relevance in the ecosystem, and users are free to vote for multiple addresses depending on their staked balance.

At the end of each week, RankChain tallies all votes and rewards tokens to the top ten of all lists. This incentive structure ensures that users not only actively vote, but also vote wisely – supporting wallets that truly deserve recognition. In this way, RankChain creates a participatory decentralized ecosystem where influence is earned, scored and rewarded by the community itself.