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- Token Announcement... LFG!!!
Token Announcement... LFG!!!
Lets talk tokens, rewards, the business model, the whole shebang…
Lets Talk Tokens, Rewards, the Business Model… the Whole Shebang…
As an email newsletter our main goal is to bring you the latest Flare ecosystem news in a fun, informative and engaging manor.
However, we want to deliver economic value too. Hence our CEN reward token… $CEN is live, click the image below to take a look…
You will be rewarded $CEN for:
Being an active subscriber: An active subscriber has an open rate > 50%, so literally just have a look at the emails we send you. (You’ll get 100 CEN per week, just for showing up…)
Referral rewards: Help us grow, tell your friends, share on social…. (500 CEN per referral)
Contribute: Send us notes about your favourite projects, send us Flare based memes, send us Flare based jokes… (1,000+ CEN per published submission)
You can submit content by replying to any of our emails… We will fact check and if we publish your content you will be rewarded.
$CEN coin use case:
Your participation rewards are delivered in CEN, however, when we generate fiat revenue we will use that value to purchase SGB, the purchased SGB will be distributed to CEN holders through our algo factoring in the amount of CEN held in each holder’s wallet.
For Example: If we distribute $10,000 worth of SGB and you hold 10% of the circulating CEN supply, you get $1,000 worth of SGB.
When will I get $CEN?!?!!?
Our newsletter software has been recording your metrics since day 1, the calculations are safe and your rewards will be delivered to your wallet once our rewards manager contract is live.
Governance = Vote polls in our emails…
Let’s start now, would you like us to create liquidity pools so you can buy CEN?
Poll: Would you like to be able to stack CEN before reward airdrops begin? |
This poll will conclude once 50% of subscribers have voted.
How else could subscriber governance shake sh*t up?!?!
Example 1:
If some subscribers request FLR as the additional reward token instead of SGB, we can put a poll in our newsletter and our subscribers will decide which token we buy and distribute.
Example 2 (the future is sooo bright!):
We have the data gathering ability to segment subscriber rewards, let’s consider a subscriber poll to select the secondary reward token:
25% vote for SGB
25% vote for FLR
25% vote for FXRP (exciting!)
25% vote for FBTC (ooooshhh!!!)
In this scenario we can segment our subscribers and reward them with their desired token, again weighted by CEN wallet size.
Any part of our reward structure, tokenomics or business model can be changed using this same voting system.
Tokenomics:
Total Token Supply: 10 million CEN.
Seems like a large supply?
We must release CEN week after week, with no restrictions to the amount of subscribers we attract.
The more subscribers we have the more advertising revenue we can attract, revenue that we send straight to your wallet!
Team allocation: Our team will hold 20% of the total CEN supply.
What’s next?
We will be in touch soon to request your wallet address.
Next week we will hold a YouTube AMA, if you would like to ask a question simply reply to this email…
Now, let’s get social media flooded with your referral links.
The faster we grow the sooner we can get advertising revenue to your wallets…
LETS GOOOOOO!!!!!