The tokenomics and technological mechanism of the OG Fan Token are designed to ensure maximum utility and fan engagement. The OG token has a limited total supply of 5,000,000 tokens. This scarcity creates a deficit, making each token valuable and desirable for collectors and active fans. Part of the tokens was initially distributed through a Fan Token Offering (FTO), while the remaining tokens are held by the OG team and released into circulation through various promotions, rewards, and listings. This model ensures a gradual influx of tokens into the market, helping to maintain their value and encourage long-term loyalty.
The OG token functions as a utility asset that provides its holders access to exclusive features on the Socios.com platform. The utility is based on several key mechanics:
Voting (Governance): Token holders can participate in votes conducted by the OG team. Each vote is binding, giving real weight to fan decisions. These votes can pertain to design, slogan selection, event organization, and other important aspects of the team's life.
Rewards and Exclusive Access: By participating in votes, quizzes, and other activities on the Socios.com platform, OG token holders can receive exclusive rewards. These can be physical prizes, such as unique merchandise, signed items, or digital rewards, such as NFTs. Additionally, token holders gain access to exclusive content, meetings with players, and behind-the-scenes events, making them part of the team's 'inner circle.'
Staking and Gamification: In the future, staking mechanics are planned to be implemented, allowing fans to earn additional tokens or points for holding their OG tokens. This creates an additional incentive for long-term holding and reduces selling pressure.
Thus, the tokenomics of the OG Fan Token is not just a speculative game, but a well-thought-out system that rewards loyalty and active participation, creating a sustainable and engaged fan base.#OG $OG