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FRENS Tokenomics

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Last updated 3 months ago

Introduction

UNICE plans to introduce a new utility token, “FRENS,” to operate alongside the existing UNICE token. While the UNICE token will maintain its role as the primary governance asset for the ecosystem’s strategic decisions, the FRENS token will focus on everyday service usage and user rewards, aiming to boost overall user engagement within the platform.

Anticipated Benefits of FRENS Token Issuance

  1. Enhanced User Engagement

    • FRENS tokens are expected to be distributed as rewards for app activities, data sharing, and community contributions, encouraging higher platform activity and community growth.

  2. Improved Service Convenience

    • By using FRENS tokens for services such as medical service payments and AI avatar customization, users will enjoy a smoother, more integrated experience.

  3. Efficient Token Economy

    • By separating the governance-centric UNICE token from the utility-focused FRENS token, the platform intends to prevent inflation and maintain token value stability.

  4. Ecosystem & Partnership Expansion

    • Adopting the FRENS token may enable new partnerships and business models, further expanding the UNICE ecosystem.

  5. Diverse User Benefits

    • FRENS token holders may receive special advantages like service discounts or priority access to events, potentially boosting overall user satisfaction.


Roles & Linkage of UNICE Token and FRENS Token

UNICE Token (Governance Focus)

  • Governance Token: Provides voting rights for platform policies and development directions.

  • Premium Service Access: Grants entry to advanced healthcare services and deep data-analysis tools.

  • Staking: Users may stake UNICE tokens to earn additional rewards.

FRENS Token (Utility Focus)

  • Everyday Service Payments: Facilitates transactions like medical fees or AI avatar enhancements.

  • User Engagement & Rewards: Distributed for app activity, data contributions, and community involvement.

  • Discounts & Perks: Offers various advantages when paying with FRENS tokens.

Mutual Complementarity

  • Exchange Feature: Plans to allow conversion between UNICE and FRENS tokens within the platform.

  • Distinct Roles: UNICE focuses on governance and premium features; FRENS targets day-to-day usage and rewards.

  • Ecosystem Enhancement: By linking both tokens, users can enjoy a wider array of benefits, fostering ecosystem stability and growth.


Primary Use Cases for FRENS Token

  1. Service Payments

    • Medical Service Fees: For online consultations and healthcare advice (where applicable).

    • AI Avatar Customization: Payment for avatar appearance and functional upgrades.

    • Premium Content Access: Entry to specialized medical information and advanced analyses.

  2. User Rewards

    • Activity Rewards: Incentives for daily logins, mission completions, etc.

    • Data Provision Rewards: Compensation for sharing personal health data (under strict privacy compliance).

    • Community Participation: Forum activity, reviews, and constructive feedback.

  3. Discounts & Benefits

    • Fee Discounts: Lower service fees for FRENS-based payments.

    • Priority Access to Events: Early or exclusive participation in special events and promotions.


FRENS Token Distribution

  • Total Supply: 10 billion tokens (10,000,000,000) (Subject to future revision)

  • Proposed Allocation:

    • User Rewards: 80%

    • Liquidity: 10%

    • Treasury: 10%

(All figures are tentative and subject to change based on project development, regulatory factors, and community input.)


Methods of Acquiring FRENS Tokens (Planned)

  1. Community Event Participation

    • Airdrops: Promotional airdrop events.

    • Social Media Campaigns: Earn rewards by completing missions on Twitter, Telegram, etc.

  2. Token Sale Participation

    • Private Sale: Targeted at early investors or strategic partners.

    • Public Sale: Open to the general public.

  3. Data Provision & Survey Participation

    • Health Data Sharing: Receive FRENS tokens for providing health data, in compliance with privacy laws.

    • Surveys: Participate in research or service-improvement surveys to earn tokens.

  4. Staking

    • UNICE Token Staking: Users who stake UNICE tokens may receive FRENS tokens as a reward.

  5. Partnership Programs

    • Promotional Activities: Incentives for attracting new users.

    • Content Creation: Blogs, videos, and other promotional materials to earn FRENS tokens.

  6. Community Contributions

    • Idea Submission & Feedback: Suggest improvements for the platform.

    • Bug Reporting & Testing: Participate in beta testing, report errors, and earn FRENS tokens.


Efficiency & Value of FRENS Token

  1. Efficient Token Economy Model

    • Issuance & Burn Mechanism: Certain tokens may be burned upon service usage to mitigate inflation.

    • Incentive Structure: A comprehensive reward system encourages user engagement and platform activation.

  2. Value for Users & Platform

    • Enhanced User Benefits: A variety of rewards that boost user satisfaction.

    • Support for Platform Growth: Increased token utility fosters ecosystem sustainability.

  3. Synergy with UNICE Token

    • Stronger Interlink: Combining UNICE’s governance role with FRENS’s utility function enhances overall ecosystem efficiency.

    • Governance Participation: FRENS token holders can also engage with platform governance through UNICE tokens.


Conclusion

FRENS is planned as a utility token designed to support everyday usage and user rewards in the future UNICE ecosystem. Working in tandem with the governance-focused UNICE token, FRENS aims to elevate both user satisfaction and ecosystem value.

Please note that all information here is subject to change due to legal, technical, and market factors. UNICE will remain committed to complying with privacy and regulatory requirements, continually striving to offer users a secure and convenient blockchain experience.

  • Community Contribution

    • Idea Submission and Feedback: Propose ideas and improvements for platform development to receive rewards.

    • Bug Reporting and Testing: Participate in the platform’s beta testing, report bugs, and earn FRENS tokens.

Efficiency and Value of FRENS Token

  1. Efficient Token Economy Model

    • Issuance and burn mechanism: Some tokens are burned upon service usage to maintain token value.

    • Incentive structure: A rewarding system that stimulates user participation and platform activation.

  2. Value to Users and Platform

    • Enhanced user benefits: A variety of rewards and benefits improve user satisfaction.

    • Support for platform growth: Increased token utility promotes the ecosystem's sustainable growth.

  3. Synergy with UNICE Token

    • Enhanced linkage: The interaction between UNICE Token and FRENS Token boosts the overall ecosystem's efficiency.

    • Governance participation: FRENS Token users contribute to platform development through UNICE Token.

Conclusion The introduction of the FRENS Token greatly enhances the functionality and user experience of the UNICE platform. Users enjoy various medical services and benefits through FRENS Token, playing a critical role in the platform's activation and sustainable growth. The clear role distribution and linkage between UNICE Token and FRENS Token elevate the ecosystem's efficiency and stability, ultimately providing better medical services and experiences, contributing to UNICE's goals of healthcare innovation and accessibility improvement.