REGULATION ON CONTRIBUTION AND REPUTATION ACCOUNTING (VIC)
(Adopted in accordance with the Main Temporary Regulation of the Virtublic Party)
Section I. General Provisions
1.1. This Regulation establishes the uniform procedure for recording contributions of Virtublicans, forming the reputation score (VIC), and the rules for its use within the Virtublic Party ecosystem.
1.2. VIC (Virtual Integrity Credit) is an internal unit for tracking contribution and reputation. At the initial stage, the system operates on a centralized database and is not a monetary instrument or financial asset.
1.3. In the future, upon transition to blockchain, all accumulated VIC will be transferred to a decentralized ledger while preserving history and structure.
1.4. Objectives of the VIC system:
- to record each member’s contribution;
- to form a reputation hierarchy;
- to ensure a transparent and fair mechanism for recognizing participation.
Section II. Basic Concepts and Principles
2.1. Contribution — any action by a participant aimed at achieving the objectives of the Virtublic.
2.2. Contribution Evaluation: Each mission, project, or protocol predefines the number of VIC to be awarded to participants upon completion.
2.3. System Principles:
- Transparency: VIC allocations are known to participants in advance;
- Fairness: allocations correspond to the significance of the task;
- Inalienability: VIC remain with the participant, except in cases of sanctions;
- Accumulative nature: VIC build a personal contribution history.
Section III. Accounting and Verification
3.1. Upon task completion, the coordinator confirms its execution.
3.2. VIC are credited automatically after protocol confirmation.
3.3. Participants may view their balance in the Leaderboard system.
3.4. Examples of proof of participation: coordinator’s report, activity log entry, automatic platform recording.
Section IV. VIC Allocation
4.1. For each mission or protocol, a fixed number of VIC is predetermined and distributed among participants.
4.2. Upon protocol closure, VIC are allocated automatically.
4.3. Decisions on allocation amounts are approved by Parallel Leaders and published in the Action Log.
4.4. Upon blockchain integration, accumulated VIC will be converted into VIC Coin in equivalent volume. VIC-to-VIC Coin conversion will be governed by a separate VIC Cryptocurrency Regulation, maintaining the principle of fairness.
Section V. Anti-Fraud and Monitoring
5.1. The system monitors anomalies: artificial activity, reciprocal inflations, and fictitious reports.
5.2. In case of suspicious actions, allocations are temporarily suspended pending verification.
5.3. Verification is conducted by the coordinator or Parallel Leader. The decision is recorded in the Action Log.
Section VI. Rights, Appeals, and Advancement
6.1. VIC balance grants access to internal participation levels, strategic votes, and priority assignments.
6.2. VIC is a key indicator of contribution, affecting the status and capabilities of the participant.
6.3. Appeals are submitted via the feedback form, describing the situation.
- Review is conducted by the Parallel Leader. Disputed allocations may be temporarily frozen. The appeal review period is five business days. The decision is final and published in the Action Log.
Section VII. Transition and Development
7.1. After accumulating sufficient statistics, the VIC system may be integrated with a blockchain ledger.
7.2. All previously credited VIC will be transferred to the decentralized system while preserving history and structure.
7.3. Functions of VIC as a digital asset will be defined in a separate VIC Coin Cryptocurrency Regulation.
Section VIII. Final Provisions
8.1. This Regulation governs only the reputation system and VIC allocation procedure.
8.2. The Regulation comes into force upon approval by the Party Leader and publication in the Action Log.
8.3. All amendments and additions are published with notification to participants.