SCT Token Economics
Basic Information
Token name: SuperCells Token Token abbreviation: SCT Technical standard: based on Binance Smart Chain (BEP-20) general protocol
Token distribution
The first stage:
Genesis distribution Genesis circulation: 5 billion, expected to start in the first quarter of 2023.
Team bonus: 15%
Among them, 10% are locked for 24 months, and one-eighth is released every three months; 5% of them are invested in third-party audit nodes (can be redeemed after 24 months, bear the certification guarantee compensation responsibility and enjoy audit rewards):
The audit node verifies the qualification and guarantee of the service node (medical institution);
If there are 3 NFT complaints on any service, the Dao principle will be adopted for governance: if the breach of contract is met, the decision-making committee will have 30% of the voting rights, and the remaining 70% will be based on the voting rights held by NFT users.
Foundation pledge reward pool: 5%
The genesis pool used for the second-stage staking reward pool gameplay, locked until the second-stage gameplay goes online
Foundation issuance pool: 50%
20% of the direct financing pool (after listing, the rest will go into the open financing pool). 5% will be used for the development of Super Cell Metaverse, which will be unlocked three days before listing; 15% will be used for private placement and will be airdropped after listing
30% open financing pool (unlocked 30 days after listing), direct subscription based on the 3-day average price in the open market, no lock-up
Marketing and branding: 10%
It will be used for stem cell therapy in the ecological construction of the blockchain, to establish valuable partnerships, regulatory security, etc., to help partners develop together while developing itself.
2.5% will be unlocked three days before listing
2.5% of the second phase of the function is online and unlocked
2.5% of the third stage function will be unlocked online
2.5% of the fourth stage function is online and unlocked -Sponsor reward 10% Direct rewards to project sponsors and consultants, etc., locked for 24 months, and released one-eighth every three months;
User reward: 10%
It is used to ensure that SuperCells operates completely independently and can make strategic adjustments according to its own situation. Used to acquire new users for SuperCells, increase foundation voting participation, and optimize end-to-end user experience and platform services.
The second stage:
pledge mode Establishment of automated supercell services, expected to start in Q3 2023. -By establishing an NFT pool of service orders, medical institutions can issue their own stem cell service courses by pledging SCT, and achieve deflation through the destruction of transaction fees.
To establish an NFT exchange pool, any organization can pledge a minimum of 10,000,000 as a deposit to become a super cell service publisher, which is the service node of Metaverse;
The security deposit can be used to publish the generated NFT: 200,000 SCTs are required to lock in a security deposit for Type A casting, 300,000 for Type B casting, and 1 million for Type C; exchange pools for different types of NFTs can be set; each security deposit is 12 months After that, it will be automatically unlocked and returned to the service node;
The minted NFT automatically enters the corresponding exchange pool to generate different exchange pools. After setting the initial price, it can be freely exchanged by SCT. The buyer and seller of each transaction pay 10% of the transaction fee (of the 20% fee, 10% into the foundation pledge pool, 5% belongs to the founding team, and 5% goes into the black hole for destruction);
After the SCT payment is completed, the NFT is transferred to the redeemer, who can use it for NFT market transactions or directly make APP super cell service appointments;
As the pledge for issuing NFT, the locked margin does not enjoy any rewards
Enable SC APP as a centralized platform tool to provide service exchange scenarios for users, service providers and communities
After SCT is exchanged for NFT, it is locked to the service node and platform co-management address. The service node can use the destruction of the corresponding NFT to obtain the locked SCT, and make a unique mapping based on the hash value
NFT can be used as a voucher to reserve service content and time with the service node on the APP, and get an irrevocable appointment form after transfer (the service application is irrevocable, but the appointment time can be modified, the details are subject to the announcement of the medical service institution)
After the service node receives the NFT, it can choose any time point to destroy the NFT to realize the recovery of the corresponding pledged SCT
The service node needs to send 100,000 SCT to the audit node on the APP for qualification certification on the chain, and obtain the right to apply for the service node after passing
The audit node is initially undertaken by the founding team, and later by the nodes on the chain
The qualification certification of the service node is to ensure that the service node can provide services for the issued NFT
The third stage: Token issuance stage
Based on timestamp and quantitative issuance, activate the number of issuance algorithms at a fixed point in time, which is expected to start in the fourth quarter of 2023
Based on the scheduled release of about 10,000 stem cell service products per year, we calculate the number of tokens required
We set the initial issuance of 5 billion, of which the actual circulation in the first year is <65%*5 billion, that is, the actual circulation in the first year is less than 3.575 billion, accounting for about 6.8% of the actual token demand for one year. In order to meet the actual demand And promote the normal circulation of tokens. Since 181 days after listing, additional issuances have been issued, with an additional issuance of 20 million per day, and additional tokens will be automatically deposited into the foundation's issuance pool;
Token circulation setting: The content and quality of service products are consistent: cash payment will get a certain discount; and Token payment will get a much larger discount than cash payment.
The fourth stage: Sub-fund issuance
Sub-fund crowdfunding is expected to start in the first quarter of 2024.
Sub-fund slots are allocated based on the number of pledges of the sub-funds every quarter, and the allocated sub-funds will receive additional issuance of SCT in the same proportion (locked positions)
A sub-fund decision-making committee will be established to release and auction sub-fund slots. Service nodes can participate in the auction. The content of the auction is based on the sub-fund DAO votes. More than 63.7% of the votes are successful.
A new sub-contract is realized based on the auction content, and the sub-contract token is airdropped to sub-fund participants
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