7.0 Economic Model
To build a sustainable and stable economic model for the Smart AI platform, the platform token SAT will be issued.
7.1 Platform Token (SAT)
Purpose: SAT will serve as the primary payment and reward method within the platform, covering reward distribution, NFT trading, minting, and other functions.
Circulation Mechanism: Through the design of a reasonable token economic model, the balance of supply and demand for SAT is ensured, preventing token value depreciation.
7.2 Token Distribution and Issuance Mechanism
Project
Content
Token Full Name
Smart AI Token
Token Symbol
SAT
Total Supply
1 billion tokens (no pre-mining, no private sales)
Pool Total
0.03% for initial LP pool, remainder all produced through mining
Burn Limit
990 million tokens
Type
Utility token / Application token / Platform token / Governance token
Issuance Method
100% produced through staking mining
Usage Scope
General use in Smart AI platform ecosystem (payment, rewards, governance, etc.)
7.3 SAT Functional Modules
NFT Creation and Publishing
a. AI-Assisted Creation: Users utilize AI tools provided by the platform to generate unique NFT content, such as images, videos, music, etc. After successfully creating and publishing an NFT, users can receive SAT rewards, with specific rewards related to the quality and innovation of the work.
b. Work Trading: When a creator's NFT is purchased by other users, the creator will receive SAT income, including the sale price and additional incentives set by the platform.
NFT Marketplace
a. Buying and Selling: Users trade NFTs within the platform. After completing transactions, the platform provides SAT rewards based on transaction amounts and frequency, encouraging market activity.
b. Collection and Holding: Users who hold specific NFTs for a long time can receive SAT rewards, incentivizing support for quality works.
Competition and Task Systems
a. Participating in Competitions: Users participate in competitive activities organized by the platform using their owned NFTs, such as matches and challenges. Winners will receive SAT rewards.
b. Completing Tasks: The platform regularly issues various tasks, including creation, promotion, community interaction, etc. Users can receive corresponding SAT rewards after completing tasks.
Promotion and Invitation
a. Direct Invitation: When users invite new members to join the platform and these new members complete their first NFT transaction or creation, the inviter can receive SAT rewards.
b. Indirect Invitation: When users who were directly invited further invite new members, the original inviter can also receive a certain percentage of SAT rewards, forming a hierarchical promotion incentive structure.
c. Team Rewards: Based on the size and activity level of a user's direct and indirect invitation team, the platform will provide additional SAT rewards, encouraging users to expand their community influence.
Community Participation and Governance
a. Participating in Voting: SAT holders can participate in platform governance, voting on platform development direction, rule modifications, etc. Users who actively participate in governance can receive SAT rewards.
b. Contributing Content: Users who actively share experiences, provide feedback, write tutorials, etc., on community forums, social media, and other platforms, and who contribute to the community, can receive SAT rewards.
Staking and Earnings
a. SAT Staking: Users who stake their SAT can receive platform profit sharing or additional SAT rewards, encouraging long-term holding and support for platform development.
b. NFT Staking: Users holding specific NFTs can choose to stake these NFTs to receive SAT rewards, adding additional value to the NFTs.
7.4 Token Circulation and Stability Mechanisms
Transaction Fee Buyback and Burn: The platform charges a certain percentage of SAT as fees for each NFT transaction, part of which is used for market buybacks and burns, reducing circulation and enhancing token value.
Staking Lockup: Through staking mechanisms, users are encouraged to lock their SAT for a period, reducing market circulation and stabilizing token prices.
Dynamic Reward Adjustment: The quantity of rewards distributed is dynamically adjusted based on platform activity and SAT market performance to prevent excessive inflation.
7.5 Sustainability of the Economic Model
Supply-Demand Balance: Through the above mechanisms, ensure that the supply and demand of SAT remain balanced, preventing token value depreciation.
User Incentives: Continuously optimize reward mechanisms to incentivize users to actively participate in platform activities, increasing the use cases and demand for SAT.
Ecosystem Expansion: Continuously expand platform features and partnerships, increasing the application range of SAT and enhancing its intrinsic value.
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