💎Tokenomics

Built on the principles of transparency, fairness, and community engagement, the ING Token is designed to power the Influpia platform, rewarding users for their contributions and participation.

ING Token Overview

• Standard and Launch: The ING Token, Influpia's native cryptocurrency, adheres to the ERC404 token standard. It features a 100% fair launch strategy, beginning with zero supply to guarantee equality and fairness in distribution.

• Fair Launch Practices: To maintain the integrity and trust of our platform, the ING Token launch excludes pre-mines, admin keys, original wallets, investors, or team reserves. The token is exclusively minted through active community participation, emphasizing our commitment to a user-driven growth model.

Token Usage

• Utility and Functionality: The ING Token serves multiple purposes within the Influpia ecosystem:

  • Empower Consumption: Users can utilize ING Tokens to Empower others, directly influencing the social standing and rewards potential of community members.

  • Staking: ING Tokens can be staked within the platform, offering users a way to earn rewards while contributing to the platform's stability and liquidity.

  • Voting: Token holders are granted voting rights, allowing them to participate in governance decisions and influence the direction of the platform.

  • Social Interaction: ING Tokens facilitate various social interactions on the platform, including rewards for content creation, engagement, and other forms of participation.

• Future Expansion: We plan to introduce additional uses for the ING Token, further integrating it into new features and functionalities of the Influpia platform.

Production Adjustment

• Initial Production: The initial year of ING Token production is set at 1 billion tokens, creating a substantial base supply to support platform activities and user rewards.

• Halving Mechanism: To ensure the long-term value and scarcity of the ING Token, the production rate will halve each subsequent year, maintaining a balance between supply and demand.

The ING Token lies at the heart of the Influpia ecosystem, embodying our vision of a decentralized, user-empowered platform for social influence. Through a carefully designed token economy model, Influpia aims to foster a vibrant community where participation is both rewarding and instrumental in shaping the future of social networking within the blockchain space. Our commitment to fairness, transparency, and long-term value ensures that Influpia remains a leading platform for digital engagement and influence.