Detailed Explanation of EARN'S: The Economic Flywheel Behind the Fractal-Box Protocol, Can Token Repurchase Help Coin Prices Take Off?
西格玛学长2024/12/24 08:13
By:西格玛学长
I. Project introduction
EARN'S is a pioneering MobileFi and DePIN reward ecosystem that can transform any smartphone into an EarnPhone. Users can easily profit from daily activities such as Streaming Media, gaming, and shopping. The platform combines proprietary Fractal-Box protocol and $EARNM token to seamlessly integrate the ease of use of Web2 with the innovative reward system of Web3, helping to build a growth-oriented deflationary economic ecosystem.
The core technology of EARN'S is SmartNodes, a cloud-based EarnPhones solution that verifies user activities and transactions through EARN'S SmartWallet, and provides support for $EARNM Layer 2 using the Fractal-Box protocol in the multi-chain ecosystem. Users can generate revenue for the platform by exchanging mystery boxes, completing tasks, and interacting, while enjoying reward feedback and promoting the steady operation of the platform's economic flywheel.
Since 2019, Mode Mobile behind EARN'S has generated over $350 million in revenue and savings for users, and with a revenue growth rate of 32,481%, it has become one of the fastest growing software companies in North America selected by Deloitte. EARN'S is committed to empowering global users through innovative ecosystems and reward models.
II. Project highlights
1. Innovative integration of MobileFi and DePIN ecosystems
EARN'S realizes the deep integration of Web2 and Web3 through the Fractal-Box protocol, supporting users to tokenize daily activities (infoflow media, games, and shopping) and easily obtain $EARNM rewards. Its unique MobileFi mechanism makes smartphones not only tools, but also a source of income for users. DePIN technology maximizes the value of user data and attention, providing a solid foundation for the platform's long-term economic growth.
2. Powerful multi-chain compatibility and gas subsidy mechanism
The platform supports all EVM-compatible
blockchains, ensuring that users can freely circulate in a multi-chain ecosystem. At the same time, it reduces on-chain transaction costs by subsidizing gas fees, optimizing User Experience and on-chain interaction efficiency. This mechanism not only provides users with an economical usage environment, but also lays the foundation for the scalability of the ecosystem.
3. Economic flywheel and token buyback deflation mechanism
The platform attracts customer engagement through activities such as mystery boxes and task interactions, and the network fees generated by user behavior directly drive the platform's revenue growth. Through the $EARNM token buyback mechanism, the platform invests some of its profits in the market, stabilizes token prices, builds a deflationary model, and further enhances the expected value of tokens. This economic closed loop creates a mutually beneficial ecosystem for users, partners, and the platform.
4. Customized reward tools help attract traffic
The mystery box function allows Web2 applications and partners to design unique reward models to accurately attract traffic to their own platforms. The Fractal-Box protocol supports flexible reward distribution and user incentives, allowing partners to easily attract Target Users and improve user retention. Through this tool, EARN'S becomes a core hub for traffic incentives and user conversion, building a strong partner ecosystem.
III. Market value expectations
EARNM is the native token of the EARN'S platform, with a current unit price of $0.0221, a circulating market cap of about $7.88 million, a fully diluted market cap of $110.50 million, and a circulating supply of 356,544,182 EARNM, with a total supply of 5 billion EARNM.
To evaluate the market potential of EARNM, we selected the following benchmarks: Helium ($HNT), Phala Network ($PHA), and io.net ($IO).
Benchmarking project
1. Decentralized wireless hotspot network: Helium ($HNT)
Unit price: $7.25
Market capitalization: 1.271 billion USD
Fully diluted market cap: $1.617 billion
Circulation: 175,272,188 pieces
Total supply: 223,000,000 pieces
2. Off-chain computing infrastructure: Phala Network ($PHA)
Unit price: 0.133 USD
Market capitalization: 103 million USD
Fully diluted market cap: $133 million
Circulation: 771,038,935 pieces
Total supply: 1,000,000,000 pieces
3. Decentralized computing network: io.net ($IO)
Unit price: 3.03 USD
Market capitalization: 391 million USD
Fully diluted market cap: $2.424 billion
Circulation: 125,631,683 pieces
Total supply: 800,000,000 pieces
Market value comparison with expectations
1. Benchmarking Helium ($HNT)
If the circulating market value of EARNM reaches a level equivalent to Helium ($1.271 billion), the EARNM unit price will rise to about $3.56, an increase of about 16,000%.
2. Benchmarking Phala Network ($PHA)
If the circulating market value of EARNM reaches a level equivalent to that of Phala Network (103 million USD), the EARNM unit price will rise to about 0.289 USD, an increase of about 1208%.
3. Benchmarking io.net ($IO)
If the circulating market value of EARNM reaches a level equivalent to io.net (391 million USD), the EARNM unit price will rise to about 1.10 USD, an increase of about 4875%.
IV. Token Economics
The project token name is EARNM, with a total of 5 billion tokens and an initial circulation of 7.26%. The specific distribution is as follows:
Community (28.5%): 7.5% for airdrops, 20.5% for ecosystem development, and 0.5% for mobility campaigns.
Supporters and advisors (23.5%): After a six-month lock-up period, they will be linearly unlocked within three and a half years to reward early supporters and advisors.
Foundation Treasury (25.0%): TGE unlocks 2%, and the remaining part is linearly unlocked within four years for long-term ecological development and operational support.
Core contributors (15.0%): After a six-month lock-up period, linearly unlocked within three and a half years to motivate team members to continue driving project development.
Protocol development (5.0%): TGE unlocks 0.5%, and the remaining part is linearly unlocked within four years to promote protocol technology innovation.
Liquidity (3.0%): All unlocked at TGE to ensure market liquidity and token stability.
Deflation mechanism
The platform constructs a token deflation model through various means, including income distribution of network fees and open market repurchase of $EARNM tokens. With the increase of user engagement rate, the repurchase intensity will further increase, and the token supply will gradually contract, promoting the steady increase of token value.
Token utility
Reward tool: $EARNM is used as a reward tool for mystery box redemption and user task incentives to attract customer engagement in ecological activities.
Network fee payment: User-generated network fees can be paid through $EARNM, achieving circular flow.
Platform Governance: Token holders can participate in Platform Governance, influence the future development direction of the project, and incentivize the loyalty of long-term holders.
Partner Incentives: Expand ecological coverage through incentive distribution with Web2 and Web3 partners.
V. Team and financing
Team members:
Mode Mobile, the parent company of EARN'S, achieved a revenue growth rate of 32,481% between 2019 and 2022, launched iconic products such as EarnPhone ™ and Earn App ™, and was rated as one of the fastest growing software companies in North America by Deloitte, demonstrating excellent technology and market capabilities.
Financing background
Specific financing information has not been disclosed, but with the industry achievements of its parent company Mode Mobile and a revenue background of more than 50 million US dollars, EARN'S has strong support in technology development and market expansion, and continues to attract market attention.
VI. Risk Warning
1. The core technologies of EARN'S, SmartNodes and SmartWallet verification mechanisms, play a key role in daily tasks and transaction rewards. However, this verification relies on cloud and blockchain technologies. If cloud services are interrupted or blockchain networks are congested (such as compatibility issues in multi-chain ecosystems), it may lead to task verification failure or delayed reward issuance, directly affecting User Experience.
2. EARN'S relies on the deflationary model of $EARNM to support the token value, but this mechanism requires the platform's continued growth of users and transaction activity as support. If user growth slows down or activity levels decrease, insufficient token buyback may lead to weakened deflationary effects and even the risk of a decline in token prices.
VII. Official link
Website:https://x.com/EARNMrewards
Twitter:https://x.com/EARNMrewards
Telegram :https://t.me/EARNMrewards
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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