Flopi Token Utility
The Flopi token will be used to facilitate Flopi platform governance and boost engagement by users. The current token economy is shared below.
The Flopi token metrics are structured to capture network participants who share our vision for the long-term success of the project.
Tokens will be rewarded to users as soon as the platform is live. However, a lockup is especially important for early investors and team members. Early users of the platform should be able to accumulate and hold Flopi without worrying that investors or team members will sell large amounts of tokens all at once. As such, we propose a slow-release vesting schedule whereby the majority of the token supply is locked early on, then tokens are released monthly.
The Flopi token, awarded to the platform's active users, will act as the governance instrument: it will enable users to vote on multiple upgrades and decide how the platform should develop further. This makes the governance of the platform directly responsive to our most active users and brings Flopi closer to being a public service operated by the community members who value it most.
Flopi — The max supply of Flopi tokens will be 1 billion.
Flopi token will be used for the following:
Incentivizing users: rewarding users on finding a match.
Maintaining Governance: decisions to integrate new features and platform development.
Loyalty program: User reach based on the amount of tokens held.
Fuel for NFT marketplace: Minting and Trading NFTs.
Swipes and Invites: Controlling basic functions of the platform.
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