MVP

Brand-Community curation market

A system to incentivize cross-collaboration through a continuous token bonding curve.

Tokens are minted as needed and used within the application when required.

Basic steps:

• With DAI a user can buy a new token ($BRAND) through a smart contract. The DAI is kept as a deposit (reserved token) within the smart contract.
• The buying price is determined by the current supply of the new token ($BRAND). This price is coded according to the algorithmic curve.
• At any point in time, someone can sell back their $BRAND token and get out an appropriate reward that is set by a sell curve.

Every community will have its own bonding curve liquid market.

The value derived from curved bonding is that it rewards members for access earlier in the community. Creating different tokens for each community fits the value each one of them produces.

Those members who are most active would get access to special content. In future releases, every Brand could create its own NFT. Users will buy or earn the token to unlock special content. This NFT could be exchanged in the app-market for the users that aren’t in the community but wanting to access the content (pre-album).

A member needs a required number of tokens to unlock special content. The DAO team can award those members that are consistently participating.

Every time a new user joins the community, we mint an additional percentage number of tokens which would be distributed to members. Also, a selling fee tax is defined when burning the token to withdraw DAI. That DAI goes into the community pool. The tokens can be managed for the good of the community. Either if a new user access to the community or wants to sell their tokens to make a profit, the value of a member will increase.

This mechanism rewards and incentives early members and the engagement they have within the brand-community. An option is implementing Token Curated Registry. (TBA)

Now the math

The continuous token bonding curve price and the number of tokens to mint: