4.2 Value Accrual
For what it's worth, even if a protocol is widely adopted, it is not a given that the performance of its native token will follow. Under a poorly designed value accrual mechanism, holders won't get to reap the economic value generated from user activity on the protocol itself.
With $REIGN functioning as the fuel of Reitio, it is of paramount importance that $REIGN's value accrual is made to be directly proportional to the platform's actual usage. It is our belief that Reitio's proponents and advocates, especially those that persisted during the stages when Reitio is in its most vulnerable state, deserve to be rewarded for their contributions toward the realization of Reitio's long-term going concern.
With this in mind, $REIGN will be the sole legal tender to conduct any transaction throughout Reitio's network economy, as well as being the only proxy for users to participate in governance processes pertaining to the Reitio protocol.
Moreover, $REIGN holders will be entitled to 100% of Reitio's protocol revenue, which mainly comes from two sources: a flat "creation fee" per asset created, and a "listing fee" cut derived as a percentage from the royalties payable to community 3D artists. Protocol revenue would be immediately burned upon receipt, which has the effect of distributing value pro-rata to all $REIGN holders at that given moment.
Last modified 1mo ago