Token Utility

The Bunny Token derives utility from

1. Incentives and Rewards

• Content Creation, Sharing, and Engagement

  • Creator Rewards: Content creators earn tokens based on the popularity and engagement of their content (likes, shares, comments).

  • User Engagement: Users earn tokens for engaging with content, such as by liking, sharing, commenting, and participating in discussions.

• Referral Program

  • Referral Bonuses: Users earn tokens by referring new members to the platform. Both the referrer and the new user receive a reward upon successful registration and activity.

2. Transactions and Payments

• NFT Marketplace

  • Buying and Selling: Users utilize the native token to buy, sell, and trade NFTs on the platform’s marketplace.

  • Minting Fees: Creators pay minting fees in the native token to create and list their NFTs.

• Tipping and Donations

  • Tipping: Users can tip their favorite content creators directly using the native token.

  • Donations: Users can donate tokens to support content creators, artists, and community projects.

3. Premium Features and Subscriptions

• Access to Exclusive Content

  • Subscription Services: Users can subscribe to premium content and services and attend exclusive community events using the native token.

  • Content Unlocks: One-time payments in tokens to access specific premium content or features.

• Educational Content

  • Courses and Certifications: Pay for educational courses, webinars, and certification programs using the native token.

4. Governance and Voting

• Decentralized Governance

• Voting Rights: Token holders can participate in governance decisions by voting on platform changes, feature implementations, and community guidelines.

• Proposal Creation: Users can create proposals for new features or improvements, which are voted on by the community.

5. Staking and Yield Farming

• Staking Rewards

  • Stake to Earn: Users can stake their tokens in the platform’s staking pools to earn additional tokens as rewards.

  • Governance Staking: Stake tokens to participate in governance votes, with rewards for active and consistent participation.

• Yield Farming

  • Liquidity Provision: Provide liquidity to the platform’s decentralized exchanges (DEX) and earn tokens as rewards.

  • DeFi Integration: Partner with DeFi platforms to offer yield farming opportunities, allowing users to earn additional returns on their staked tokens.

6. Marketplaces and Services

• Digital Goods and Services

  • Service Payments: Use tokens to pay for services offered within the platform’s marketplace, such as freelance work, consulting, and collaborations and effect real-world translation via fiat payment gateways and connectivity with crypto exchanges for token swaps and other activities.

  • Swap for Gift Cards: Use tokens to swap for gift cards off platform

  • Digital Products: Purchase digital products, like e-books, software, and art, using the native token.

7. Loyalty Programs and Benefits

• Loyalty Rewards

  • Tiered Benefits: Implement a tiered loyalty program where holding a certain amount of tokens grants users access to exclusive benefits and discounts.

  • Early Access: Token holders receive early access to new features, content drops, NFT drops and special events.

• Event Participation

  • Exclusive Events: Tokens can be used to gain entry to exclusive events, such as virtual meetups, live Q&A sessions with influencers, and VIP parties.

8. Adopting other crypto currencies

• Leverage extensible utilities to facilitate auth and basic transactions like metamask, and other virtual wallets using other tokens like bitcoin

9. Airdrops

• Define specific criteria for users to be eligible for airdrops, such as:

  • Active engagement on the platform (e.g., posting content, liking, commenting).

  • Holding a minimum balance of the platform’s native token in their wallet.

  • Completing certain tasks or achieving milestones

• Utilize smart contracts to automate the airdrop distribution process, ensuring transparency, fairness, and efficiency.

• Schedule regular airdrop events or campaigns to keep users engaged and excited about earning tokens.

• Allocate a portion of the platform’s token supply for airdrops, balancing the need to incentivize participation with long-term sustainability.

• Determine the number of tokens each eligible user will receive based on their level of engagement, contribution, or other relevant factors.

• Notify eligible users about upcoming airdrop events through platform notifications, email newsletters, or in-app announcements.

• Require users to confirm their participation in the airdrop by completing specific actions (e.g., verifying their identity, joining a Telegram group).