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Tokenomics & Economics

The $SCOO token is the lifeblood of the SCOO ecosystem. It's designed to create a self-sustaining, creator-first economy that embodies our core values of transparency, empowerment, and community ownership.

This section explains how it works, how you earn it, and how it grows in value through innovative Web3 mechanics.

$SCOO Token Guide

$SCOO is an ERC-20 token on the Base L2 blockchain, designed for low-cost, high-speed transactions.

Core Utilities

  1. Gifting: The primary way for fans to directly support creators.
  2. Staking: Creators stake $SCOO to unlock powerful features.
  3. Rewards: Viewers earn $SCOO for active engagement, creating a loyal audience.
  4. Governance (Future): Stakers will vote on platform upgrades and treasury allocation.

The Closed-Loop Value Flow

This system is designed to reward participation and create scarcity.

  1. On-Ramp: Viewers get $SCOO through viewer rewards, a fiat on-ramp (like MoonPay), or swapping on a Decentralized Exchange (DEX).
  2. Gifting: A viewer sends a gift. The smart contract automatically splits it:
    • 70% to the Creator (Instantly available in their wallet).
    • 10% to a Burn Address (Permanently removed from supply, increasing scarcity).
    • 20% to the Platform Treasury (Used to fund viewer rewards and operations).
  3. Re-Circulation:
    • Creators can stake their earnings for more features or swap them on a DEX for other currencies like USDC or ETH.
    • The Platform uses its share to refill the viewer rewards pool, creating a cycle of engagement.

Token Distribution (at TGE)

  • Total Supply: 1,000,000,000 $SCOO
  • Allocation:
    • Ecosystem & Rewards: 40%
    • Team & Advisors: 20%
    • Platform Treasury: 15%
    • Liquidity Provision: 10%
    • Public/Private Sale: 15%

Staking Tiers Explained

Staking is how creators invest in the platform to unlock its most powerful tools. By locking $SCOO tokens in our smart contract, you gain access to premium features.

How it Works

  • You stake a required amount of $SCOO for a specific feature tier.
  • The features are active as long as your tokens remain staked.
  • You can unstake at any time after a short cool-down period, but you will lose access to the premium features.

Staking Tiers (Conceptual)

Tier Minimum Stake Unlocks
Tier 1: Pro Streamer 10,000 $SCOO 4K/60fps Streaming, Advanced Analytics
Tier 2: Business Builder 50,000 $SCOO Priority Ranking in AI Discovery Clusters
Tier 3: Empire Builder 250,000 $SCOO Decentralized Community Guild Creation

Note: Specific staking amounts are subject to change via governance.

The staking contract is non-custodial. The platform never takes ownership of your staked tokens; they are simply held in the smart contract and can be withdrawn by you.