What is the token economics model of Artyfact (ARTY)?

Within the Artyfact ecosystem, the utility token ARTY serves as the exclusive mode of exchange in a decentralized platform dedicated to managing and exchanging digital assets.

Dec 07, 2024 at 09:11 pm

What is the Token Economics Model of Artyfact (ARTY)?

Artyfact (ARTY) is a utility token that serves as the medium of exchange within the Artyfact ecosystem, a decentralized platform for managing and trading digital assets. The tokenomics model of ARTY is designed to ensure the long-term sustainability of the platform and its native token.

Key Features of ARTY Token Economics:

• Fixed Token Supply: There is a finite supply of 1 billion ARTY tokens, ensuring scarcity and potential value appreciation over time.
• Transaction Fees: All transactions on the Artyfact platform require a small fee paid in ARTY, which is then distributed to token holders.
• Staking: ARTY holders can stake their tokens to earn passive rewards while supporting the network's security and stability.
• Governance: Token holders have voting rights proportional to their staked ARTY, allowing them to influence the platform's development and decision-making.

Token Distribution:

• Team: 15% of the total supply allocated to the core team to incentivize their long-term commitment and platform development.
• Investors: 20% allocated to seed investors, private round participants, and future fundraising rounds to support the platform's成長.
• Ecosystem: 45% allocated to the Artyfact ecosystem to fund community initiatives, partnerships, and strategic investments.
• Public Sale: 20% offered to the public through token sales to raise funds and distribute the token widely.

Transaction Fee Model:

• Transaction Type: Fees vary depending on the type of transaction, such as asset creation, trading, or staking.
• Fee Structure: Fees are paid in ARTY and range from a fraction of a token to a few ARTY.
• Fee Distribution: Transaction fees are distributed to token holders who stake their ARTY, incentivizing network participation.

Staking Mechanism:

• Proof-of-Stake (PoS) Consensus: Staking ARTY contributes to securing the network through Proof-of-Stake consensus.
• Staking Rewards: Stakers earn passive rewards paid in ARTY proportional to their stake and the platform's transaction volume.
• Lock-up Periods: Staked ARTY may be subject to lock-up periods, encouraging long-term participation.

Governance Structure:

• Token Holder Voting: Holders of staked ARTY can participate in platform governance through voting.
• Proposal Mechanism: Token holders can submit proposals for changes to the platform, including protocol upgrades or policy adjustments.
• Voting Process: Proposals are voted on by token holders, with the top-voted proposals being implemented.

Token Utility:

• Transaction Fees: ARTY is used to pay all transaction fees on the platform.
• Staking: Token holders can stake ARTY to earn passive rewards and contribute to network security.
• Governance: ARTY holders have voting rights to influence the platform's development and decision-making.
• Ecosystem Access: ARTY grants access to exclusive features, such as priority access to new product launches, discounts on platform services, and participation in community events.