How the tribe tokens will be distributed

Hey Hello! Here @liuke96player

Today I want to bring you a proposal related to the initial distribution that may be of great interest to you, I was thinking of ways to encourage those who are already rising star players to publish content in the community and other new content creators also to try publishing their content in #musicforlife community.

So I thought that for the initial distribution of the tribe token I will concentrate on doing it on 2 ways:

CREATE AND GET REWARDED.png

Posting

YES! I will have 2 friends taking daily notes on the users who publish content related on the community (standard quality of posts, not an image and a word) and through a point system they will record the activity within the community. Obviously it is a bit rustic but it will only last until we launch the tribe and we already have enough activity, at the beginning the difficult thing is always to keep the heart pumping of the community. I think that only rewarding users who make this possible is the best way to say thank you.

Basically it will be 1 POST = 1 POINT

and after the official tribe numbers are announced, the new token will be distributed as a pool among users who have had activity within the community.

  • Burning Starbits

Here an existential question arose, because I wanted in some way for this tribe to benefit the game in the beginning as well and of course I also wanted to reward the players who have been accompanying us on this long journey. So I think the best way to benefit a long life for the game and at the same time the players, is that it will be possible to burn starbits to participate in the initial distribution of the new token.

Also, really anyone can buy starbits from the market, so it is open to all users who wish to do so.

I still have to discuss the exact details with the rest of the team, but I think it is an interesting option for the good of the entire community by integrating the players in this new product and to token economy of the game.

Basically then there will be 2 ways to participate in the launch of the tribe and the new token. Being an active member in the community and the other option will be burning STARBITS. For now I'm thinking of a 40/60 (posting/burning) reward ratio for these options.

The information of the token that will be the protagonist of the tribe is still under development, because I want it to be a token with low inflation and that in the long term it is a scarce good but at the same time that it has enough issuance to reward the members of the tribe. They will be things that I will update on these blogs. (Like the numbers, initial distribution, inflation, characteristics, etc.)


oh! Another good news before I go, I will be doing random airdrops of starbits to those who create content in the community. Good luck and rock!



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7 comments
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Sounds interesting. looking forward to see more details on the tokenomics

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After an initial read it seems great to me! Also how about including ATOM in the burning mechanism for the new token? It would encourage more people to use Atom Collector Records and earn ATOM while supporting independent music.

Excited to see the community grow!

Jux.

!BEER

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25% Post,25 % Starbit, 15% promotion bounty for tribe, 20% market sale to raise fund for tribe,10% for emergency community fund for future, 5 % for admins to keep them motivated to move tribe further.

Putting low inflation and mediocre supply will be great.

Posted Using LeoFinance Beta

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I like this one, specially for having more "places" to distribute the token to cover more needs! 🎉

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i like this distribution, ill edit it as there other things that i must add but perfect as a initial template!

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