The 2KEY Token

Building a trust-based trustless economy

2KEY tokens are ERC20 utility tokens, used as the backbone currency for the 2key network. 2KEYs are used to activate and ensure Contracts and are the means of reward for successful sharing

Activate New Campaigns
Use 2KEY tokens to create new campaigns on the network and incentivise participation
Earn Your Fair Share To Share
Gain 2KEY tokens for successful sharing and achieving results
Get Reputation Rewards
Get rewarded with 2KEY tokens for accumulating good reputation

1B 2KEY Tokens

Final number of 1 Billion 2KEY Tokens will be minted, and will be used to uphold and operate 2key’s smart contract system.
This is how we’ll distribute them:

21%
Economy Kickstart 15% Token sale, 1%Bounties, 5% Liquidation supply
12%
Team Vesting quarterly over 2 years with 6-month lockup
7%
Advisors, Partners, and early contributors vesting quarterly 2 over years
20%
Community active participation rewards & economy scaling - distributed over a decade
40%
Long Term future reserve locked for minimum 3 years or market cap conditions for future token distribution

2KEY

Symbol

0.095USD

Token Price

1B

Total Token Supply

$10M

Hard Cap

ERC20

Protocol

Use of Proceeds

50%
15%
10%
10%
10%
5%
50%
Protocol, Product and Network Research & Development
15%
Gas Station and Liquidity Pool
10%
Operation
10%
Reserve/Overhead
10%
General Administrative
5%
Legal & Compliance

The 2key Tokenomics

2KEY tokens are ERC20 utility tokens, used & optimised as the backbone currency for 2key's distributed network. 2key tokenomics are based on smart contracts that enforce network-wide reputation rules, analyzing user behavior patterns and compiling them into reputation scores.

2key reputation scores are a barometer for Social Capital - which users can earn or lose, but not buy, as they participate in 2key campaigns. This Social Capital is registered on a dedicated network smart contract, per specific categories of the active network campaigns. The reputation balance per user serves as the underlying economic asset for the network.

Users gain reputation for positively contributing to the network -  as Contractors, for issuing new campaigns, as Referrers, for successfully leading to conversions, as Convertors, for generating desired results, and as Integrators, for serving a trusted role in the network.

Everyone can also gain reputation for staking 2KEY to maintain the network stability, as well as inviting new participants to join the network. Gained Social Capital directly translates to various financial rewards for the users, depending on their role.

Token Economics Paper

Recycled Reserve

Transaction fees on the 2KEY network are used to maintain the ecosystem. Fees are not put back into circulation immediately, but are collected into a deep-freeze pool. This pool will be released every ten years, and will then be used as the reward pool. This creates a self-replenishing reserve pool and guarantees the health and longevity of the ecosystem for many years to come.

Token Distribution over time

2KEY Tokens Distribution prediction during the first 10 years
Min
minimal circulating supply
Max
maximal circulating supply

With 2Key, trust is augmented by results, and accountability is native. Thus, the 2Key token will empower users to govern themselves, personally or as a group, providing a clear, transparent and parametric standard for social capital and reputation.