🔄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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