🔥Creator Token Utility & Burn Mechanisms
There are multiple mechanisms in which the supply of creator tokens is reduced by burning or putting it out of circulation.
Staking Creator Tokens - to be released soon
Utility transactions — 10% of Utility transactions will be attributed to CT burn.
Creator Token Burns at Milestones: Set amounts of Creator tokens will be burned as Tokenized Creators hit specific milestones, relating to audience sizes, and token economy activity.
Utility transactions consist of anything a Creator offers, like services to their fans. This could range from event tickets and merchandise to 1 on 1 video calls or social media followbacks.
Fans get rewarded by loyalty to Creators, through watching their videos and then can spend those tokens on getting closer to their favourite Creator.
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