Tokens Overview

CultToken (CT)

• Token Type: ERC-20.

• Total Supply: 1 Billion CT.

• Primary Use Cases:

  • Governance voting on platform decisions.

  • Access to special events or features on the platform.

  • Payment means for services, goods, or fees on CultChain.

  • Staking rewards and potential qualification prerequisites for NFTs.

Soulbound Tokens

• Token Type: ERC721 NFT.

• Characteristics: Indelibly tied to a user's wallet. They are more than just tokens; they symbolize a user's legacy, commitment, and achievements on the platform.

2. NFT (ERC721) Allocation & Utility:

Donor NFTs

• Awarded as badges of honor for those generous enough to donate.

• Represent philanthropic milestones. For instance, "Silver Donor" after 10 donations, "Gold Donor" after 50, and so on.

• Can be showcased in a user's profile, solidifying their reputation within the community.

Event Creator NFTs

• Distributed upon successful charity campaigns.

• A testimony to a creator's positive impact and dedication.

• Gradations based on the number of successful events or the magnitude of funds raised, offering a competitive element for creators.

Validator NFTs

• Awarded periodically or based on significant milestones.

• Symbolizes their crucial role in maintaining transparency and trust.

• Certain tiers might have direct benefits, such as a bonus in staking rewards or a discount on platform fees.