Utility Overview
Full Spectrum Utility
The token utility and ecosystem of SMD Coin involve various mechanisms to encourage user engagement, reward participation, and manage the token supply effectively. Each component is designed to create a dynamic and sustainable environment for users and investors.
1. Watch Advertisements
Mechanism:
Users earn tokens by watching advertisements.
Each advertisement watched earns the user 1 cash.
10 cash can be exchanged for 1 token.
Purpose:
This incentivizes users to engage with advertisements, providing a revenue stream for the platform.
The exchange mechanism promotes active participation and creates a direct way for users to earn tokens.
Impact:
Increased user engagement with the platform.
Creates a steady flow of token distribution based on user activity.
2. Affiliate Advertisement
Mechanism:
Advertisement fees range from 20,000 won to 100,000 won, depending on the number of members attracted.
90% of the advertisement fee is used to purchase and burn tokens.
Purpose:
This encourages affiliates to promote the platform, bringing in new users and generating revenue.
The burning of tokens reduces the total supply, potentially increasing the value of the remaining tokens.
Impact:
Drives user growth through affiliate marketing.
Reduces token supply, which can help support token value.
3. Auction Corner
Mechanism:
Users participate in auctions using points or tokens.
20% of the participation amount is used to purchase and burn tokens.
Purpose:
Engages users in auctions, enhancing the platform's interactive features.
The burning of tokens from auction participation helps manage the token supply.
Impact:
Encourages user interaction and participation in auctions.
Reduces token supply through regular burning.
4. Store Revenue
Mechanism:
10% of total store sales nationwide is paid out according to user levels.
50% of the tokens used for store purchases are burned.
Purpose:
Provides a revenue-sharing model that rewards users based on their activity and level.
The burning of tokens from store purchases helps control the circulating supply.
Impact:
Incentivizes users to make purchases and reach higher levels.
Reduces token supply, which can support the token's value over time.
5. Level Up
Mechanism:
Users need 1,000 tokens to level up.
90% of the tokens used for leveling up are burned, and only 10% are circulated.
Purpose:
Encourages users to engage with the platform and strive for higher levels.
The significant burning of tokens during level-up helps manage the supply.
Impact:
Motivates continuous user engagement and progression.
Significantly reduces token supply, potentially increasing the value of the remaining tokens.
6. Rollup Bonus
Mechanism:
Paid monthly using a binary spillover method for up to 8 units.
Includes 10% of total store sales, 10% of product sales, and 50,000 won in revenue when a marketing regular member joins.
The n value is paid based on the number of units.
Purpose:
Provides regular bonuses to active participants and contributors to the platform.
The binary spillover method ensures widespread distribution of rewards.
Impact:
Encourages continuous participation and activity on the platform.
Provides a consistent incentive for users to contribute to the platform's growth.
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