Festival Voting System Explained

Learn how the BlockReel festival voting system works, including quadratic voting and the hybrid community-judge model.

Festival Voting System Explained

BlockReel uses a revolutionary hybrid voting system that combines community participation with expert judgment.

Why Quadratic Voting?

Traditional voting has problems:

• One-person-one-vote: Ignores stake/expertise
• Token-weighted voting: Whales dominate

Quadratic voting solves both:

• Voting power = √(tokens)
• Prevents whale dominance
• Rewards broad participation

Example

| Tokens | Linear Power | Quadratic Power | |--------|--------------|-----------------| | 1 | 1 | 1 | | 100 | 100 | 10 | | 10,000 | 10,000 | 100 |

A whale with 10,000 tokens only has 100x power, not 10,000x.

Voting Power Calculation

Your voting power is calculated from:

``` Base Power = √($REEL Balance at Snapshot)

Multipliers: + 1.5x if Verified Filmmaker + 1.2x if Founder NFT holder + 1.1x if active community member ```

The Voting Process

Step 1: Registration

1. Connect your wallet 2. Verify token holdings 3. Register for voting period 4. Snapshot locks your voting power

Step 2: Review Submissions

1. Access screener portal 2. Watch submitted films 3. Take notes on your favorites 4. No limit on films watched

Step 3: Cast Votes

1. Score films 1-10 2. Allocate voting power 3. Submit before deadline 4. Votes are final

Step 4: Results

1. Community scores tabulated 2. Judge scores added 3. Final rankings calculated 4. Winners announced

Snapshot Mechanism

To prevent manipulation:

• Token balances recorded at specific block
• Only tokens held at snapshot count
• No last-minute purchases affect voting
• Transparent and verifiable on-chain

Judge Integration

Professional judges add expertise:

• Industry professionals invited
• Matched to relevant categories
• Scores weighted by expertise
• Combined with community votes

Score Weighting

| Source | Weight | |--------|--------| | Community | 60% | | Judges | 40% |

Anti-Manipulation Measures

• Snapshot: Prevents last-minute buying
• Quadratic: Prevents whale dominance
• Judge Panel: Adds professional oversight
• On-chain: Full transparency and audit trail

Participating in Voting

Requirements

• Hold $REEL tokens before snapshot
• Connect wallet during registration
• Complete KYC (for prizes over $600)

Best Practices

• Watch films objectively
• Score based on merit
• Spread votes across worthy films
• Report any suspicious activity

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Ready to participate?

👉 Register to Vote 👉 Learn About $REEL

Questions?

• Email: [email protected]