TUG PASS: Tokenomics and Holder Benefits
Last updated
Last updated
Overview
TUG PASS is a non-fungible token (NFT) based on the ERC-721 standard, designed to grant holders unique privileges and participation rights within the TUG ecosystem. The total supply is fixed at 1,000 tokens, with no additional issuance permitted, ensuring scarcity and permanence.
Allocation Mechanism
60% (600 tokens): Allocated to community partners to expand TUG’s community influence and outreach.
20% (200 tokens): Distributed to ecosystem builders and early community supporters, rewarding individuals and organizations that have made significant contributions to the TUG ecosystem.
20% (200 tokens): Offered through a public sale to ensure broad accessibility.
Holder BenefitsGovernance Rights:
Proposal Rights: PASS holders can submit proposals within the TUG DAO, actively participating in shaping the platform’s future development.
Voting Rights: Holders have the ability to vote on community proposals, directly influencing the governance and operational direction of the platform.
Economic Benefits:
Revenue Sharing: A portion of the TUG ecosystem’s profits will be periodically distributed to PASS holders, including revenue from platform services, partnership proceeds, and more.
Exclusive Privileges:
Priority Access: Holders gain early access to beta testing of new products, exclusive tool features, and priority purchase rights for community collaboration or incubated projects.
Exclusive Resources: Access to holder-only community channels and professional resources, fostering knowledge sharing and skill development.
Event Invitations: Invitations to online and offline events hosted by TUG, offering opportunities to network with industry experts and project teams, expanding personal and professional connections.