NAPLOZZ
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  • Introduction
  • Mission
  • Vision
  • The Problem
    • The Problem Statement
    • Why Compliance is a Big Challenge for Enterprises?
    • Risks of Non-Compliance
    • The Quality perspective
    • Problems with Traditional Solutions
  • Market Overview
    • Statistics
    • Better daily routine
    • Personas profile
    • The Gap
    • Existing Solutions
  • The Solution
    • The Proposed Solution
    • Revolution of QMS
    • Benefit for the personas
    • Unlocking the Power of Blockchain
  • The Product
    • What is Naplozz App?
    • System Users
    • Key Components of the Naplozz App
    • Naplozz Ecosystem
    • Product for Different Industrial Sectors
    • Technical: Entity Relationshi
  • The NAP Token
    • The NAP Token: Driving Compliance and Quality Performance
    • Perform to Earn
    • NAP Compliance Metric
    • Main Pools
    • Burn Mechanism
  • NAP utilities in the ecosystem
    • Usage in the Ecosystem
      • NAP Buyback Program
      • Naplozz Subscription with NAP Token
      • NAP Star System
      • Naplozz Document Wizard
      • Naplozz Audit
      • Naplozz Education Platform
      • Naplozz Help Desk
      • NAP Explorer and tracker
      • Naplozz Marketplace
  • Quality tracking on-chain
    • How does the platform work with the blockchain?
    • How will smart contracts operate with the rewards of users?
    • Utilities summarized
  • Naplozz AI
    • AI Anomaly Detection
    • Labelling with AI
    • AI-powered Floor Plan
    • Dynamic Reports
    • NAP token and AI
  • The NAP Advantages
    • For Naplozz Subscribers
    • People without Naplozz subscription
    • What other value addition does Naplozz provide?
  • NAP Token Distribution
    • NAP Vesting Platform
    • Anti Snipe function
  • Token Audit
  • Staking portal
  • The Roadmap
    • Timeline
    • Future Prospects: What Does the Future Hold for NAP?
  • The Team
  • Social Media
  • Contact Us
  • Glossary
  • Disclaimer
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  1. The NAP Token

Perform to Earn

The flow:

PreviousThe NAP Token: Driving Compliance and Quality PerformanceNextNAP Compliance Metric

Last updated 1 year ago

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Perform to Earn is a performance-based, fair, and transparent new-generation reward program powered by the NAP token. The system was built in a way that incentivizes all roles accordingly in a way that leaders are responsible for the employees' performance and employees are striving for better quality performance and productivity, thus making the whole work environment fair and cooperative. The owner of the Naplozz subscription, generally the owner or a manager of the business (we call them Admins) can then invite other leaders and employees after they created the site (workspace). The users are rewarded for accomplishing custom tasks as well as mandatory tracking and inspection-related tasks and projects while the performances are easily tracked and measured in the form of ratings and statistics and the compliance metric is calculated. The NAP Token Flow can be explained thus,

  • Once the subscription starts, the owner of the subscription will receive the NAP tokens in their respective accounts.

  • Initially, these tokens are locked and will be eligible for unlocking only when the entire account, means all the employees perform over a specific level in their respective position.

  • The Naplozz compliance metric determines the performance levels by tracking all tasks and activities that individual users and managers perform.

  • Once the tokens are unlocked after the compliant performance, ‘Admin’ coordinates the reward of the employees(mandatory) by sending them the tokens and incentivizing their quality work and efficient compliance.

  • Users can then track their account balances and withdraw the tokens to an external wallet at any time.