🔄Subscription Mechanism
Disclaimer: While this section is directionally correct, the actual numbers may change as we receive product feedback
The Drop Beast's platform business model is driven by subscription revenue. Subscription is per wallet and gives that wallet access to the platform and features.
The $BEAST token is used to create a gamified subscription model to accommodate the needs and preferences of our users. Subscribers have the option to pay using a 3rd party on-ramp, stable coins, or $BEAST token. When choosing to pay with $BEAST, subscribers benefit from a cost reduction, making it a more economical choice. Subscriptions can be accessed through fiat gateway, token transfer or by staking or burning $BEAST tokens. Opting to stake or burn $BEAST tokens for the subscription not only provides a cost advantage but also contributes to the overall ecosystem's health and value.
Table 1: Currency and Payment Options
Currency Option
Payment Method
Cost Reduction
Fiat
Transfer
No
Stable Coins
Transfer
No
$BEAST
Staking
Yes
$BEAST
Burning
Yes
Table 2: Fund Usage for Subscriptions
This table highlights things we might do with revenue from subscriptions.
Fund Destination
Allocation (%)
Notes
Treasury
Varies
Supports overall operations
Operations
Varies
Smooth running of services
Token Burn
Varies
As may be required for regulatory or market integrity purposes
Airdrop Farming Wallets
Varies
Provides rewards and incentives
Table 3: Impact on Currency Supply for Payment Methods
Payment Method
Impact on Total Supply
Impact on Circulating Supply
Impact on Desire to Spend
Transfer of Tokens
None
None
None
Staking
None
Reduces
May reduce
Burning
Reduces
Reduces
May increase
Table 4: Impact on Currency Supply for Fund Usage
Fund Destination
Impact on Total Supply
Impact on Circulating Supply
Impact on Desire to Spend
Treasury
None
None
May increase
Operations
None
None
May increase
Token Burn
Reduces
Reduces
May increase
Airdrop Farming Wallets
None
None
Reduces
Explanation:
"Reduce total supply" refers to actions that directly decrease the total amount of currency in existence, such as burning tokens.
"Reduce circulating supply" refers to actions that temporarily remove currency from active circulation, such as staking tokens.
"Reduce desire to spend supply" refers to actions that incentivize holding onto the currency instead of spending it, such as governance participation or saving up for rewards.
Drop Beast's airdrop farming product subscription model is designed to be user-friendly and beneficial for our subscribers, offering multiple payment options and cost advantages. The allocation of funds from subscriptions is planned to support the platform's growth, maintain $BEAST's value, and reward our community. By subscribing to our airdrop farming product, users are not only gaining access to a valuable service but also contributing to the thriving ecosystem of Drop Beast.
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