Example Use Case
Last updated
Last updated
Publishing the Article:
Journalist Jane Doe publishes "Groundbreaking Discovery in Renewable Energy."
Creates "EnergyToken" with an initial supply of 1,000,000 tokens.
Token Pricing with Bonding Curve:
Initial price: $NEWS
Price at 500 tokens: $NEWS
Price at 1,000 tokens: $NEWS
Reader Engagement and Rewards:
Readers purchase EnergyTokens to support the article.
Readers earn additional $NEWS tokens by engaging with the article.
Revenue Distribution:
Jane and The Daily Chronicle receive a portion of the revenue.
Readers earn staking rewards and additional $NEWS tokens.
Threshold, Burning, and Liquidity:
Market cap of EnergyToken reaches $100,000.
20% of unsold EnergyTokens are burned.
20% of the funds raised are used to provide liquidity on a DEX, facilitating continuous trading.
Trading and Profit:
Readers trade EnergyTokens on the DEX.
Early buyers benefit from lower initial prices and potential price appreciation.
Security and Governance:
Jane’s identity is verified via DID.
Smart contracts are audited.
Token holders participate in governance.