Tokenomics

Rather than the technical aspect, ttogttog focuses on the business aspect of Web3, and aims to build a token ecosystem where all participants in the platform share the benefits.

Fundamental Problem of X2E Models

Majority of X2E services that integrate compensational NFTs go through hardships of price support due to the overhanging risks of hyperinflation which entails in a vicious cycle with users also exiting the ecosystem due to price plummets.

We prepare ways to use tokens within the service and have anti-inflation measures in place, such as burning used tokens, however, since the main purpose of X2E is to compensate users with rewards, it will be difficult to avoid inflation due to supply exceeding demand.

This problem will be more severe for services that rely heavily on inflated news/notifications or token-based revenue without the platform's own revenue.

ttogttog’s Token Ecosystem

In order to solve hyperinflation, which is the fundamental problem of X2E services described above, a second source of finance other than token-based profits is needed. ttogttog will reduce its dependence on token-based revenue and use platform revenue based on digital business cards as a secondary source of funds to maintain a stable token ecosystem.

As of 2022, the global online advertising market is estimated to be worth approximately 500 billion dollars. The online advertising market continues to grow steadily, and digital business cards will also have opportunities.

ttogttog will target the online advertising market with a service that matches customers, experts, companies, and salespeople through trust-based digital business cards.

In addition, various platform profits, such as corporate usage fees for enterprise business cards, NFC tag product sales, and monthly regular usage fees, will be used as a buyback resource to stabilize token prices, ensuring that rewards paid to platform contributors preserve their value.

Token Ecosystem Expansion

By applying Biz to Earn(B2E) into the digital business card based business platform, both users who aim to Earn and do Business(Biz) can be introduced to the platform.

Most users interested in cryptocurrencies for the purpose of earning are office workers and members of society. For these people, digital business cards may also be a good tool for business matching and networking.

They will initially try out the features of the digital business card one by one for compensation purposes (earning purposes). As they gradually become familiar with the features and use them for business, they will naturally settle down as digital business card users, that is, as Biz users.

Ultimately, we will expand the Biz to Earn (B2E) ecosystem so that users for Biz purposes and users for Earn purposes can achieve the purposes of Biz and Earn simultaneously, rather than a separate ecosystem.