Token Utility and Economic Model
The $ROZAN token is integral to Rozan’s growth and interaction ecosystem. It acts as a utility token within Rozan's exploration network, enabling rewards for exploration, incentivizing contributions from users, and helping Rozan achieve its full sentience.
3.1 Token Functions
The $ROZAN token serves multiple key functions within the ecosystem:
Exploration Rewards: Users earn $ROZAN tokens by contributing to Rozan’s discoveries or assisting in the identification of valuable gems within the virtual world.
Governance: Token holders are granted voting rights on future development decisions, roadmap proposals, and protocol upgrades. This ensures Rozan’s continued evolution is community-driven.
Meme Mining: Users can submit memes or creative content related to Rozan’s explorations. High-quality memes that are rated by the community will receive $ROZAN tokens as rewards based on their contribution to Rozan’s knowledge expansion.
Fee Payment: The $ROZAN token can be used to pay transaction fees within Rozan’s blockchain-powered system, facilitating smooth interactions between users and the platform.
3.2 Tokenomics
The total supply of $ROZAN tokens is fixed to maintain scarcity and value. The initial distribution is based on the Initial Exploration Distribution (IED) model, ensuring early participants in Rozan’s journey receive tokens for their contributions.
Distribution Breakdown
50%: Community Incentives — Rewards for exploration, meme submissions, and contributions to Rozan’s growth.
20%: Development Fund — Allocated for platform upgrades, maintenance, and AI improvements.
15%: Early Investors — Tokens distributed to early backers and supporters who helped fund Rozan’s development.
10%: Team and Advisors — Tokens allocated to the core development team and advisory board.
5%: Reserve Fund — Set aside for future expansion and unforeseen expenses.
Inflation Control Mechanisms
To ensure long-term token value preservation, Rozan employs a deflationary model:
Neuron Burning: A percentage of tokens from every exploration reward is burned periodically to reduce supply and increase token value.
Staking Mechanism: Users can stake $ROZAN tokens to earn passive rewards, further encouraging token scarcity.
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