A Token with Organic Demand in a Built Product
2KEY tokens are the blood that flows and drives the 2key network.
It can be used in many ways like:
2KEY token is used as the default compensation reward for referrers of 2key smart links when they are part of a successful referral chain. It is used to build reputation, both as a user or as a contractor, and is the default token to launch certain types of campaigns or to pay network integrators.tokens economics paper
2KEY Campaign rewards could reach millions of people.
2KEY Tokens deposited for referral campaigns are locked until they are earned by referrers.
Tokens staked by contractors to boost reputation are pulled out of circulation.
Tokens staked by referrers to boost reputation are pulled out of circulation.
A tariff is charged, in 2KEY tokens, from integrator payments and moderator fees. These tokens re-supply the community pool once every 10 years.
Admin Contract charges a 2% fee on conversions.
Exchange Contract places a spread on its automatic DAI, 2KEY, or volatile asset purchases and sales.
A strong utility token needs all three to grow into a strong and stable digital economy.
Each and every atomic conversion on the 2key Network, in each and every campaign, drives an internal token circulation mechanism managed by the 2key contracts, driving:
2KEY budget is bought to activate referral payments
the payment amount used to purchase the 2KEY budget is hedged to DAI to ensure the referral payments can offer a stable $ worth
the 2KEY referral payment is distributed to the balances of multiple referrers on the successful referral chain which led to the conversion.
The referral remunerations are kept on the balances of the referrers within the 2key campaign contracts.
Depending on the success of participating users and their successful actions to strengthen and grow the network and campaigns, reputation is earned - which then qualifies the users for network-level participation and reputation remuneration.
Additionally, 2key incorporates various game theory mechanics, user-driven locks, Protocol-driven locks, and organic demand structures to ensure 2KEY tokens have REAL and organic volume and usage outside of mere cryptocurrency exchanges.
2KEY token full distribution forecasts and unlocks in details can be found here