VIP3 Tokenomics（Draft）
Token Distribution：$VIP3 will be the governance token of VIP3， limited supply of 1,000,000,000
The $VIP3 token features several key characteristics:Large User Base of Token Holders:
VIP3 is the first CashBack platform in the Web3 space, and within just four and a half months of its launch, the number of users holding VIP3 Pass exceeded 100K. The business model of VIP3 ensures that its core users become token holders, providing $VIP3 with a substantial user base.
Multiple Real Token Consumption Scenarios:
Renewal Fees for Higher Pass Levels: VIP3 is divided into four different levels. Higher-level Pass need to consume or stake a certain amount of tokens monthly to maintain their status and enjoy more benefits and CashBack rewards.
Exchange for Premium Benefits: Some scarce benefits, such as freemints in other Dapps or NFT projects, require users to stake or consume tokens.
Charges for B2B Advertising: As a traffic hub, VIP3 will charge projects a certain amount of VIP3 Tokens for advertising, top placement, or community media promotions.
User Profiles and Credit Agreements: With the accumulation of VIP3 user on-chain data, a Web3 credit infrastructure is formed (with user authorization), which is provided as a service to other projects. A certain number of tokens are charged as fees for this service.
Token Buyback Logic for Continuous Token Deflation:
VIP3's core benefits mainly take the form of commissions/rebates. For instance, when users trade on Binance, Binance regularly pays the agreed fees to VIP3. Then, VIP3 disburses the actual funds that users are entitled to through the CashBack section. Users can regularly collect their funds from the CashBack section.
Before the VIP3 platform token listed on exchanges, the liquid funds in this model primarily exist in the form of USDT. The entire process can be referenced in the "Before Listing" stage in diagram 3.
These features position $VIP3 not just as a digital asset but as a functional token within the VIP3 ecosystem, fostering both user engagement and platform growth.
As VIP3 grows and the user base expands, following the listing of $VIP3, a new incentive model is being considered. This model will shift from directly giving USDT to users to returning an equivalent value in VIP3 Tokens (without the risk of loss for users). If users need USDT, they can obtain it through direct trading. Holding the token also allows users to benefit from potential price increases. The USDT originally provided by partners to VIP3 will be used to continuously buy back and burn VIP3 Tokens on the open market. This process leads to the continuous deflation of the $VIP3 Token, thereby providing strong upward momentum for the price of $VIP3. The specific details of this model, including the shift in process post-listing, can be referenced in the 'After Listing' stage of diagram 3.In summary, this new incentive model post-listing aims to enhance the value of $VIP3 by:
Changing the Reward Mechanism: Switching from USDT to equivalent VIP3 Tokens for user rewards.
Facilitating Direct Trading: Allowing users to trade VIP3 Tokens for USDT if needed.
Encouraging Token Holding: Users holding VIP3 Tokens can potentially gain from price increases.
Implementing a Buyback and Burn Strategy: Using partner-provided USDT to buy back and burn VIP3 Tokens, promoting token scarcity and value.
This approach is designed to bolster the liquidity and value of $VIP3, aligning with the overall growth and expansion of the VIP3 platform.
It's clear that the amount of $VIP3 Tokens repurchased depends on the total funds users acquire in the CashBack section of the VIP3 platform. Currently, the highest monthly CashBack amount for top users is $15,000 USDT. Taking a bullish market scenario as an example: if high-quality VIP3 users, on average, can earn $200 USDT in CashBack each month, then having 1,000 such users would yield $200,000 USDT for token repurchases each month. If the number of users increases to 10,000, the monthly funds available for token repurchase would rise to $2 million USDT. A consistent monthly repurchase fund of $2 million USD would provide a very strong impetus for the increase in the token's price.
It should be noted that the token repurchase model is currently still in the discussion phase and has not yet been finalized; it remains in draft form. The VIP3 team is working closely with several top token economists. We are committed to creating a token economic model to ensure that both the community and token holders can receive more substantial returns.
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