Ticketly.me tokenomics — simple, effective, user oriented
Tokenomy is an extremely important part of every crypto project. Coins, tokens, liquidity pools, DeFi, NFTs — they are all fueled by the rule as old as the trading concept itself… the rule of supply and demand. Blockchain scene is nowadays a big digital economic ecosystem, and it has many things in common with other economies, like market cycles and inflation. Every blokchain project has its own monetary system which eventually may decide about project’s success… or failure.
We believe our system to be simple and understandable, yet giving $TKLY token extremely special value at the same time.
Ticketly.me aims to become the platform of choice for anyone seeking to buy or sell tickets for any kind of live events, whilst allowing users to fully enjoy crypto online transactions and blokchain based features.
To make that happen we decided to combine 3 simple mechanisms:
1. Preferred payment options - only cryptocurrency payment options will be accepted, thus allowing us to focus on blokchain based features and benefits
2. Loyalty program - only users holding certain amount of $TKLY tokens will be able to enjoy full range of benefits such as discounts and exclusive ticket pools
3. Limited availability - no more than 12 000 000 $TKLY tokens will ever be created, and certain benefits are accessible only for locking tokens for specified amount of time
Seems pretty simple right ? Beacuse it is !
As for the basics, you already know they are simple and straightforward.
Only 12 000 000 $TKLY tokens will be created. Our coin will serve as an utility token and heart of our ecosystem. It will be used to create, benefit, and run the Community and the economic system around our services. 18% of the tokens will be sold at Token sale A (0.12$ USD), 44% will be sold at Token Sale B (0.18$ USD), 18% allocated for partnerships, marketing and rewards, 3% used to provide liquidity to decentralized exchanges, 12% divided between our team and advisors and 5% frozen as reserve.
The idea is very simple: We want people to actually use our token in the ecosystem we are creating. We want them to benefit from the fact they own the token, and not only by the speculative appreciation of its price. The means of achieving it will be unique rewards and features available only for token holders and stakers.
First of all, staking $TKLY will not give you rewards in $TKLY token. No magic money appearing out of thin air, no additional tokens minted. We will create NFT pools and the system where staking, and the numbers of tokens staked, will increase the chances of drawing unique NFTs connected to the pool — and in larger quantities. Let’s say we have 3 different staking pools and 2 of them are the ones connected with performers / events you like . If you have 2000 $TKLY tokens you can put a different number of tokens in different pools. It will improve your chances to farm a concert ticket NFT, an event graphic NFT from event organizer, or NFT connected to your favourite performer. It’s up to you in which one you are interested in the most, and therefore how many $TKLY tokens you decide to stake in each of them.
What’s more, we’re going to create lotteries, in which you will be able win event tickets, physical prizes, merchandise, and NFTs. All that in cooperation with our Partners. All the above will be available only for $TKLY token holders.
But the most important benefits, in our opinion, are discounts, exclusive ticket pools, and NFT rewards connected with event for which the tickets were bought.
So the answer to question „why do I need $TKLY tokens for?” is simple — to enjoy full range of benefits we will provide when using our service.
The more complex question is „why should I have plenty of them?”
Let’s look at some numbers :)
There will only be 12 000 000 $TKLY tokens created. Only 7 440 000 will be available to buy during token sales. Adding liquidity and Bounty Campaigns, at the time of DEX listing (considering we will achieve 100% token sale rate during token sales) around 7 900 000 tokens will be in the hands of holders.
So let’s cross it with requirements for particular benefits to be active:
As you can see, to have basic benefits in terms of discounts you only need to have 200 $TKLY tokens in your wallet.
That gives 39 500 holders at the very beginning, and 60 000 holders if all the tokens were released into the market.
But seriously, do you expect users to be satisfied with 1% discount and slight chance of drawing NFTs, with no additional benefits ? :)
So let’s get serious, and imagine token holders are expecting to have access to all the features and benefits, including exclusive ticket pools.
Considering situation when all of the tokens are available on the market, that gives only 2 400 holders that will be able to enjoy full range of benefits. But because of the staking mechanism, users who would like to stake and use our service on regular basis will need additional tokens, which limits number of potential holders even more.
You may think that this will limit access and somehow popularity of project or $TKLY token, but on the contrary. The whole point of something being exclusive or unique, is the limited supply. Imagine if you would compete for tickets from exclusive ticket pool with 50 000 other users, or the same number of people would have a chance to receive rare NFT… wouldn’t be so rare, agree ?
With the developement and future partnerships, the only way for fans to have access to benefits connected with particualar event will be to buy 5000 $TKLY from other holders, and therefore skyrocketing the price in time.
By the means of staking and utilities we want to reduce the number of $TKLY tokens being traded daily, not being dumped to the market, and to increase the token price, while cheap BSC will allow to make real use of it
So as you see, our tokenomy is quite simple, but effective.
More updates are coming, so stay put. Please don’t forget about our pre-ICO Bounty Campign - https://bitcointalk.org/index.php?topic=5349982.msg57494832#msg57494832
If you have any more questions or just want to keep in touch with us, please join our official Telegram channel: Ticketly.me
Talk to you soon,
Norbert
