Spintria price

SP

#4991

It acts as a transparent means of payment within the ecosystem and opens up new use cases for using the platform:

• Creates a constant influx of new users and increases the engagement of current users through different reward mechanics for creating publications, purchasing content, and inviting friends.

• Connects consumers to content creators by allowing them to donate tokens directly to artists and stake tokens to increase their rewards.

• Opens up opportunities to manage the platform through a DAO (decentralized autonomous organization), setting the size of commissions and controlling the platform Treasury.

The total supply of SP is 888'888'888 tokens, according to the following token distribution:

• 51.1% - Community Rewards

• 15% - Loyalty Program

• 31.1% - Staking Rewards

• 10% - Treasury

• 2% - Liquidity Management

• 1.9% - Public Sale

• 25% - Team & Partners

• 10% - Future investors

Spintria launched on the 1st of June 2024 with 888'888'888 SP tokens created at TGE. All partner's content publishing services are obligated to burn 25% SP received as a payment for the content monthly after the product connection. For the SP burning process the most effective and transparent method is used - minter, which decreases the total supply. The final supply after all burns will be cut in half with 444'444'444 SP.

Spintria's token economy is secured by adding the ratio of people utilizing the token on the partner's platforms to the amount of tokens being burned. It ensures the sufficiency in a demand for the token from the community and investors.

SP rate is protected from unexpected sharp downtrends by smoothly spreading the token release through 3-year period. It not only allows the project to protect the market for unexpected influx of the liquidity, but also to make sure the supply is not held back from a pure market regulation.

As well as prepared market, for an unexpected behaviour Spintria has the BuyBack fund that would stimulate the demand over the time by redeeming tokens from the market. All of the tokens gathered are going to be either burned or locked for a comprehensive period of time.

Tokenomics: https://sp.one/tokenomics Litepaper: https://sp.one/litepaper Wallet: https://wallet.sp.one/

Website: https://sp.one/