VIP3 DOCS
  • VIP3 DOCS
    • 🌎For Users
      • What is VIP3?
      • Why Did We Build VIP3?
      • How Does VIP3 Work?
      • How Do I Use VIP3?
      • VIP3 Pass
      • VIP3 Credit Infrastructure
      • VIP3 Roadmap
      • VIP3 Tokenomics(Draft)
      • VIP3 Fly Wheel
    • 🖥️For Developers
      • Intergrating VIP3 SBT
      • All Chains integration
      • Single Chain integration
      • Contract Address
      • SBT Attributes Demo
      • Smart Contracts
      • Use Case
    • 🤝For Partners
    • 🎨For Designers
Powered by GitBook
On this page
  1. VIP3 DOCS
  2. For Users

VIP3 Fly Wheel

PreviousVIP3 Tokenomics(Draft)NextFor Developers

Last updated 1 year ago

VIP3 has a strong growing flywheel due to a great model design.

Firstly, VIP3 employs a bilateral model, encompassing both users and platforms. This fosters a growth mechanism for both the number of benefits and the number of users. As benefits increase, VIP3 can attract more users; the increase in users, in turn, attracts more top Web3 platforms to offer benefits. This forms a positive flywheel of continuously increasing benefits and user numbers.

Secondly, as more users utilize the benefits of the VIP3 platform, more CashBack funds are generated for the repurchase of VIP3 tokens. The increase in token repurchases will drive up the token price, making the VIP3's Invite2Earn model more attractive, thereby attracting more users to join. This constitutes a second positive flywheel: an increase in users leads to more usage of benefits, which drives up token price, attracting even more users. This flywheel enables the VIP3 community and its users to gain more benefits.

🌎