ACT
  • 🔶Abstract
  • 🔶INTRODUCTION TO NFTS
  • 🔶ANALYSIS OF NFT DEVELOPMENT
  • 🔶Introduction to ACT
  • 🔶Ecological Planning
  • 🔶ACT IMPLEMENTATION PATH
  • 🔶ECONOMIC MODE
  • 🔶Team and Development
  • 🔶Disclaimer
  • 🔶RISK WARNING
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  • Token Information
  • Token Distribution
  • Application Scenario
  • As a service charge
  • Governance vote
  • ACT Mortgage
  • Bidding medium
  • Ecological reward
  • Bonus system
  • Invitation bonus
  • Governance rewards
  • Activity Award
  • ACT acquisition

ECONOMIC MODE

ACT, as the only token officially released by ACT, is the governance token of the ACT ecosystem. ACT token holders participate in ACT system governance by holding ACT tokens.

On the ACT platform, ACT is mainly used for the bidding platform service fee, and users can participate in the bidding every day. After the bidding is successful, ACT tokens are required as the only platform service fee for the listing. The design of this economic incentive model can ensure the stability of the ACT platform develop.

In the decentralized system of ACT, the role of ACT is indispensable. It standardizes the non-standardized value and circulates the auction in the free market, which solves the problems of low bidding rate and opaque auction.

Token Information

  • Total issuance: 100 million pieces

  • Token symbol: ACT

Token Distribution

  • 0.1% for exchange betting minting pots

  • 99.9% The only release method: NFT auction delivery

ACT will choose the leading public chain, issue ACT tokens——ACT, and quickly promote it in the community, so that more users can enjoy the dividends of the development of the ACT bidding platform, and promote the democratization of ACT through voting and other forms. Diversified governance.

Application Scenario

As a service charge

  • ACT tokens are used as service fees for the ACT auction platform, and can only be obtained during auction delivery and promotion.

  • The purpose of the platform is to motivate tokens, and NFT holders will make the best response in the most honest way to realize their best benefits.

  • In this way, a mechanism is formed to ensure that users, developers, artists, and the platform all work hard for the success of the platform.

Governance vote

ACT token holders have the dominance over the platform and will have voting rights to dispose of NFT digital collections in the ACT DAO ecosystem, determine their future, and participate in different levels of ACT activities according to their holdings, and will have the right to manage the platform. Things like games, features, events, development, and more.

ACT Mortgage

ACT is the only voting token for important decisions on the platform in the future. It can be obtained through pledge. The longer the pledge period, the more ACT can be obtained. During the freezing period, ACT will no longer participate in circulation.

Bidding medium

ACT will act as the bidding medium in the ecology, and the platform will regularly destroy all ACT fee income according to the plan.

Ecological reward

Once the entire system of the platform matures and continues to grow, the ultimate beneficiaries will return to the token holders themselves, and all users who participate in the ACT auction will benefit.

Bonus system

Invitation bonus

Invite users to participate in the auction to get ACT token rewards.

Governance rewards

Users can obtain ACT token rewards through the ACT auction platform.

Activity Award

Relevant governance activities of the ACT system to obtain ACT token rewards.

ACT acquisition

ACT can only be obtained through auctions and promotional proceeds.

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Last updated 2 years ago

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