We are excited to inform you about an innovative new plugin called Meritocracy that lets you connect WEB2 (WordPress, 43% of Internet) with WEB3 (NEAR Protocol). For questions and details please join our community on Telegram: MERITOCRACY PLUGIN (https://t.me/MeritocracyLab). Meritocracy integrates with myCred to enable cryptocurrency-powered rewards and gamification. Watch on Youtube our MERITOCRACY PLUGIN VIDEO TUTORIAL 

Meritocracy – The Concept

Meritocracy allows users to utilize NEAR Protocol cryptocurrency to obtain myCred points on WordPress sites (you can customize the name of your Token for your website). You can buy Near tokens and convert them into points (or your customized Tokens) to spend on activities like content unlocking, digital goods purchases, and more based on predefined exchange rates.

Alternatively, you can also earn myCred points (or your customized Tokens) for engagements like logging in, commenting, referrals, etc. These points can then be withdrawn as NEAR cryptocurrency when you wish to cash out your rewards. Join our community on Telegram: MERITOCRACY PLUGIN ( https://t.me/MeritocracyLab ) for more information

Meritocracy Features at a Glance 🔥:

• Users can customize the name of their Tokens for their websites instead “myCred points” using NEAR Protocol cryptocurrency (for example in our websites, we named MERITOCRACY COIN to our Tokens)
• Users can purchase myCred points using NEAR Protocol cryptocurrency
• Users can withdraw myCred points for NEAR Protocol cryptocurrency
• Transfer myCred points (Tokens) between users.
• Users can submit a withdrawal request for their points (Tokens).
• Set up exchange rates for myCred points (Tokens).
• Connect multiple payment gateways to your websites like Stripe and Coinbase.
• Connect the website to your digital crypto wallet.
  buyCred Payment Gateways include PayPal, BitPay, NETBilling, Skrill, and Bank Transfer.
• cashCred Payment Gateways include Bank Transfer and CashNear.

Meritocracy Meets myCred

Points withdrawal through NEAR Protocol cryptocurrency opens up innovative crypto-backed business models powered by myCred and into your WordPress website in WEB3. From play-to-earn games to tokenized digital assets exchange, it’s a game-changing move when we talk about gamification and a points management system. Gamifying activities and enabling cryptocurrency rewards also boost user motivation and loyalty.

Significance of NEAR Protocol

Near protocol provides blockchain technology to facilitate frictionless point purchase and redemption globally. myCred offers a robust points management system to configure earnings and spending rules. Together, they make Meritocracy a powerful solution for supercharging Engagement and lets you enter to WEB3 Market.

We encourage you to explore Meritocracy and unlock the potential of blockchain-enabled rewards programs. Please refer to the documentation for setup and usage instructions. And don’t forget to join our community on Telegram: MERITOCRACY PLUGIN (https://t.me/MeritocracyLab) for questions and details. As always, we welcome your feedback on features to enrich the myCred-Meritocracy integration further.

The Team

See more information about our TEAM and details and the Presentation of Meritocracy Plugin in this article:

OFFICIAL LAUNCH: MERITOCRACY PLUGIN A BRIDGE BETWEEN WORDPRESS (WEB2, 43% OF INTERNET) & WEB3 (NEAR PROTOCOL)

OFFICIAL LAUNCH: MERITOCRACY PLUGIN. A BRIDGE BETWEEN WORDPRESS (WEB2, 43% of internet) & WEB3 (NEAR Protocol)

MERITOCRACY PLUGIN CONNECTS 2 MARKETS: WEB 2 (WordPress) & WEB 3 (NEAR Protocol).

MERITOCRACY PLUGIN (https://wordpress.org/plugins/meritocracy), a bridge between Web2 and Web3, connecting websites created in WordPress (which make up 43% of the internet) with blockchain technology (NEAR). We won a grant from NEAR FOUNDATION (https://near.foundation) and built the plugin using NEAR PROTOCOL (https://near.org/) technology. We are truly grateful that one of the most important protocols in Web3 trusts us. We developed the MERITOCRACY PLUGIN in partnership with myCred (one of the top five gamification plugins for WordPress) by WPExperts (https://wpexperts.io), and the Startup Socialmeet, The Best Meritocracy Club in the World (https://meritocracy.club), according to Google, DuckDuckGo, Bing, Safari, Yahoo, and others. The importance of this plugin is that any WordPress website owner (which constitutes 43% of the internet) can easily convert their site to take advantage of Web3 technology without the need for coding.

MERITOCRACY PLUGIN (https://wordpress.org/plugins/meritocracy) can interact with many features of myCred (https://mycred.me).

MERITOCRACY PLUGIN, CONVERT YOUR WORDPRESS WEBSITE INTO WEB3 WITHOUT BEING A DEVELOPER (LETS YOU CREATE OR ADAPT YOUR BUSINESS TO WEB3).

Business owners that use WordPress websites can offer their services and products and have access to the Cryptocurrency Market, which represents around 1 Trillion Dollar Market Cap and in the case of NEAR Protocol more than 1 BILLION DOLLAR  Market Cap (Source: https://coinmarketcap.com/currencies/near-protocol/). They can easily convert their sites to take advantage of Web3 technology without the need for coding.

The biggest problems facing the Cryptocurrency Industry that we identified are mass adoption and regulations that necessitate significant cost in lawyers, taxes experts and developers specialized in different protocols. Those problems make it hard for the Crypto industry to attract entrepreneurs with small businesses and make it so only big players with substantial capital can participate. MERITOCRACY PLUGIN is part of the solution to this problem for the crypto industry because it was created with a focus on attracting the owners of small businesses, bloggers, or influencers. These entrepreneurs already have products or service and typically transact in fiat, and can now have an alternative means of transacting and attracting the crypto market without the necessity of coding, hiring expensive developers, or learning about Blockchain. With just a few clicks, they can set up our plugin in their websites and convert their WEB2 websites to utilize WEB3. By having products and services for both markets, they can expand their own businesses.

Here is the video tutorial of MERITOCRACY PLUGIN that you can watch in less than 1 hour, and 3 short videos that you can watch in less than 1 minute each. As a result, we make it easy for those who are already experts on WordPress as well as beginners. Don’t forget to subscribe to our Youtube Channel because we will post more tutorials and news about the plugin. Also join our Telegram Community MERITOCRACY PLUGIN at this link: https://t.me/MeritocracyLab . See you there. Begin your own journey in WEB3. You no longer have an excuse not to start!

On the other hand, if you want to know ABOUT WEB3 IN A BEAR MARKET. TOOLS, COMMUNITIES AND USEFUL TIPS FOR YOUR JOURNEY IN BLOCKCHAIN click HERE!