BCG Token
$BCG Token
Overview
The $BCG token is the rewards, microtransactions, and gamification token for the BlockChat platform. It is a platform-only token that incentivizes user engagement and fosters a vibrant community.
Total Supply
Supply: 100,000,000,000 tokens
Role of $BCG
The $BCG token drives engagement and interactivity on BlockChat through rewards and gamified incentives.
Use Cases
Rewards: Earned through participation in BlockChat activities, such as completing courses, engaging in BlockSpaces, and contributing to the ecosystem.
Microtransactions: Used for tipping creators, unlocking premium features, and participating in gamification mechanics like challenges and leaderboards.
Gamification: Supports fun and interactive elements, such as earning tokens for achievements or community events.
Platform-Only Redemption
$BCG tokens can be redeemed for $BCD once users reach defined thresholds. This ensures continued platform engagement while connecting both tokens.
Threshold Examples for Redemption
1,000 $BCG = 10 $BCD
10,000 $BCG = 100 $BCD
100,000 $BCG = 1,000 $BCD
$BCG Token Distribution
Category
Allocation (%)
Token Amount
Description
Platform Rewards
50%
50,000,000,000
Incentives for community engagement and growth.
Development Fund
20%
20,000,000,000
Reserved for ongoing platform development.
Marketing and Partnerships
15%
15,000,000,000
Campaigns to grow user base and brand visibility.
Liquidity Pool
10%
10,000,000,000
For smooth $BCG to $BCD redemption.
Reserve Fund
5%
5,000,000,000
For unforeseen costs and ecosystem stability.
Key Benefits
For $BCD Holders
Utility: Used for payments across the platform.
Staking Rewards: Earn $BCG through staking.
Transactional Stability: Ensures seamless operations within the BlockChat ecosystem.
For $BCG Users
Engagement Rewards: Encourages active participation through microtransactions and gamification.
Governance Power: Influence platform decisions through voting.
Redemption Model: Exchange $BCG for $BCD once thresholds are met, ensuring ongoing value.
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