Frequently Asked Questions

The FavOS Protocol is a decentralized infrastructure for idea validation, milestone-based funding, and co-ownership. It allows creators to propose ideas, receive community validation through SuperVotes, secure funding through milestone-based escrow, and share ownership with supporters and contributors.

Unlike traditional crowdfunding or venture platforms, FavOS Protocol combines community validation, milestone-based funding, and co-ownership in a decentralized way. It uses SuperVotes for validation, conditional milestone escrow for funding, and token-based governance for long-term alignment.

Yes, the core protocol functions rely on blockchain technology for transparency, security, and decentralized governance. However, the platform offers multiple entry points, including user-friendly interfaces for those unfamiliar with blockchain technology.

To create an idea, connect your wallet to the platform, navigate to the 'Create' section, and fill out the idea form with details like title, description, milestones, funding needs, and ownership distribution. Once submitted, your idea will be available for community validation through SuperVotes.

Yes! The platform offers user-friendly interfaces that abstract away the complexity of blockchain interactions. You can participate using email login with a custodial wallet solution, though advanced features may require a self-custody wallet.

Ideas with clear, measurable milestones work best on the platform. This includes software projects, creative works, research initiatives, community projects, and more. The key is having defined outcomes that can be verified by the community or designated validators.

SuperVotes are weighted votes that community members can cast on ideas to validate their potential. The weight of a SuperVote depends on factors like the voter's token holdings, lock duration (in the ve(3,3) model), reputation, and timing. Successful validators earn rewards when ideas reach their milestones.

When you cast a SuperVote on an idea that successfully completes milestones, you earn rewards proportional to your vote's weight and timing. Earlier votes carry more weight. Your rewards come from the protocol's revenue share model and can be boosted by staking $FAV tokens.

While possible in private campaigns, public ideas on the protocol benefit significantly from SuperVotes. The validation process helps attract funding, contributors, and builds community support. Ideas with strong validation tend to have higher success rates.

Creators break their projects into clear milestones with specific deliverables and funding needs. Funds are held in escrow and released only when milestones are completed and verified. This reduces risk for backers and ensures creators are incentivized to deliver on promises.

Milestone verification can happen through multiple methods: automatic verification via smart contracts for objective criteria, community voting for subjective assessments, or designated trusted validators in specific domains. The verification method is specified when the milestone is created.

If a creator fails to complete a milestone within the specified timeframe, remaining funds can be returned to backers based on the escrow conditions. Some campaigns may include grace periods or amendment processes for timeline adjustments, which are defined in the initial agreement.

The $FAV token serves multiple purposes: governance voting, SuperVote weighting, staking for boosted rewards, accessing premium features, and representing ownership in the protocol itself. Token holders can lock tokens in the ve(3,3) model to increase their governance power and rewards.

The ve(3,3) model allows users to lock their $FAV tokens for up to 4 years. The longer the lock period, the higher your voting power and rewards boost. This creates alignment between long-term holders and the protocol's success. Locked positions are represented by non-transferable veNFTs.

You can earn rewards through: successful SuperVotes on completed ideas, completing milestones as a creator, contributing to projects as a collaborator, staking $FAV tokens, participating in governance, referring new users, and earning achievement badges for platform engagement.

Yes, the protocol offers API and SDK options for integration. Developers can embed specific functions like the idea validation engine, milestone escrow system, or reward distribution into existing applications. See our developer documentation for integration guides.

The protocol is designed with multi-chain support in mind. Currently, it supports Ethereum and compatible Layer 2 solutions like Optimism, Arbitrum, and Base for better scalability and lower transaction costs. Additional blockchain integrations are on our roadmap.

The protocol undergoes regular security audits from reputable firms, uses formal verification for critical smart contracts, has a bug bounty program, and implements progressive decentralization to minimize risks. All smart contracts are open-source and thoroughly tested.