Tokenomics (TBD)
NFT
MyShell Genesis Pass NFT
MyShell Genesis Pass is limited to 10,000 pieces; compared to regular members, MyShell Genesis Pass enjoys more platform benefits;
MyShell Genesis Pass NFT is an ERC 721 token, and its usage and acquisition methods are as follows.
MyShell Genesis Pass
10000
Airdropped by partner communities Purchased directly on Opensea
Obtain more traffic through public robots, incentivize users to try new robots, feed data for optimization and iteration, and receive token incentives
Token
Shell Token (Temporary)
Design goals:
Solve the incentive problem for user growth;
Solve the incentive problem for Bot providers;
Pay for the continuous growth of computing power and development costs;
Shell Token ($SHEL) is the currency that users and creators can obtain and use in the Myshell ecosystem. The total amount is 1,000,000,000.
Community Incentives
60%
Used for task incentives for contributors, partners, users, platform task rewards, and treasury.
Team Development Fund
30%
Unlocked in 5 years, of which 1% is used to reward the team before IDO, unlocked in 6 months. The remaining 29% is distributed monthly as unlocked salary after IDO.
Private Placement / IDO / IEO Reservation
10%
5% for private placement TGE, the remaining 95% starts to unlock in 6 months (platform development period), and is released linearly on a quarterly basis for 2 years.
4.4 Token Usage Scenarios (TBD)
Upgrade the subscription level of the robot to obtain higher-level functions;
Robots pay task rewards to users (when the initial development fund is insufficient and more is needed);
4.5 Shell DAO Income Sources (TBD)
Taxes collected from robots when rewarding users and when users subscribe to robots;
Taxes collected from the secondary market transactions of MyShell Genesis Pass NFT.
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