The Solution: Discount Tickets
It’s time for retail to invest in a protocol like VCs do.
We have a solution to the disappointing low float and high FDV airdrops, and it is called Discount Tickets.
A Discount Ticket is the right to buy the governance tokens at a discount compared to their market price. This right is given to those who contributed to the protocol financially. This allows you to buy the token at a profit and you can either cash out or drive your gains more.
To be eligible for this right, the protocol expects certain actions to be taken by the user, including:
Liquidity provision
Product usage
Referral
and many more which can be tailored based on the project’s needs.
Some features of Discount Tickets models include:
The deadline for the campaign is pre-determined.
The total amount that is allocated as rewards is pre-determined.
An individual allocation will be determined by the percentage of one’s Discount Tickets compared to total Discount Tickets, while the discount will be determined according to one’s tier. A user’s tier will depend on the total amount of Discount Tickets the user has collected.
TL;DR for how Discount Tickets Work:
Do some actions that the protocol asks you to do.
Collect points and claim your Discount Tickets.
Use these Discount Tickets to buy the governance token at a discount.
You can hold it, or you can sell it. Either way, you are in profit.
You win, the protocol wins.
We believe that the loyal community members will be happy to bear the cost of the discount and receive an outsized reward since this will prevent sybils and mercenary capital from extracting value from the loyal community members.
