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Business Model and Tokenomics

Erenials is a project placed in the web3 ecosystem, to this end Erenials uses all the new financing methods to accelerate the development of its solution. Its economic model is mainly based on tokenomics to encourage the development, growth and use of the solution. This process allows a virtuous financing mode that rewards both contributors and users.

Erenials' revenues come from the 5% commission taken on each transaction enabled by its "pay-wall", i.e. the purchase of access NFTs. This contribution aims to finance the registration of the access NFT on the blockchain and to ensure the operation of the project over time.

The broadcasting platforms and infrastructures adding the Erenials overlay will receive a retro-commission which is still to be determined and which will be established during the negotiations conducted in due course, so that the commission actually received by Erenials will be reduced. Nevertheless, this retro-commission allows us to favor partnership over competition with already well established leaders so that they have a vested interest in integrating and promoting the Erenials solution.

Payments made on the "pay-wall" are not limited to cryptocurrencies, fiat currencies are supported. The fraction of the commission needed to mint the access NFT will be converted to pay for the gas costs of the network.

The primary objective of the $Erenials utility token is to offer creators a way to access the Erenials premium account in order to reduce the commissions charged by the pay-wall and thus allow the financing of the application development by those who have an interest in adopting it.

Secondarily, the $Erenials token is used to encourage the development and use of the solution. For the benefit of contributors, the public and the founders, the following allocation is provided:

  1. First Public Sale Allowance (15%):

    Erenials needs to raise funds to launch its tokenomics, finance the development of the project and ensure its success. This preliminary step consists in issuing $Erenials through a public sale on the fundraising platform juicebox.money which will guarantee that only 15% of the issued tokens will be distributed to the first buyers thanks to a reserved rate of 85%. Thus, the maximum supply will be determined by the demand. An access NFT offers them a say on the Erenials DAO under construction and a voting right during the progressive decentralization of the management.

  2. First Contributors Allocation (15%):

    Taken from the 85% of the $Erenials resulting from the first public sale belonging to the project, 15% is reserved for the first contributors allowing the development of the project (marketing, programming, legal, community management). This ensures the progress of the project, because the participation of these first builders is essential to its success. It is a recognition of the incredible value they add to the project. An access NFT gives them a say in the Erenials DAO under construction and a vote in the progressive decentralization of management. The transmission mode can be direct or via a possible airdrop.

  3. Founders Vesting Plan (25%) :

    It is important to recognize the initial contributions of the founders, without whom the project would never have seen the light of day, and to reward them accordingly. To this end, Erenials implements a progressive acquisition plan. This means that founders acquire the tokens allocated to them gradually over time, based on the necessary growth and development of the project. This ensures that founders are incentivized over the long term, while providing initial participation in the project. In addition, these tokens enter circulation slowly. Thus, the value of previously issued $Erenials is protected.

  4. Allocation to the Treasury (45%) :

    45% of the $Erenials will be allocated to a treasury fund allowing the project to continue over time and to create initial pools of liquidity for users within the exchange platform. Initially 40% is locked, in order to preserve the interests of the different parties. Each year 2% is unlocked gradually until the total supply is in circulation.

Conclusion:

Erenials tokenomic model is designed to drive growth and user adoption by providing incentives to founders and network participants. It promotes the circulation of tokens, while protecting their value, guaranteeing their liquidity and ensuring the ongoing funding of the platform. In doing so, Erenials functions as a financially autonomous, self-sustaining and secure solution.

In order to ensure the continuation of the Erenials project even in disastrous economic times for the web3 ecosystem, revenues from the first public sales and commissions will be held in stability funds denominated in cryptocurrencies (BTC and ETH in particular) and in CHF to hedge against market volatility. This mechanism allows the platform to remain stable and to be operated in a sustainable manner.

If authorized by the legal framwork, when Erenials will have achieved all the steps initially planned in the roadmap, the management and the operations will be decentralized and the shares of the limited company under Swiss law created to organize the development of the solution and the management of the stability funds will be tokenized and distributed to any holder of $Erenials at the rate of 1:1.