What is Web3 Ton Token

Article Summary, Automatically Generated By AI

Summary of Web3 TON Token

Key Points

  • $WEB3 is a utility token for the TON DNS Club ecosystem on the TON blockchain inside Telegram.
  • TON DNS Club is a community of domain holders, including amateurs, professionals, investors, and developers.

Functions of TON DNS Club Token and Ecosystem

  • Token holders can leave comments and messages in shared chats, with tokens burned upon subscription payment.
  • $WEB3 tokens are used as prizes in events, attracting new users to the ecosystem.
  • 15% of ecosystem income will be used for token buyback in Q3 2024.
  • 15% of tokens

Introducing the Web3 TON Token: A New Era of Decentralized Innovation

Unveiling the Era of $WEB3: A New Frontier in Decentralized Technology

$WEB3 — the utility token of the TON DNS Club @tondnsclub ecosystem, built upon the TON blockchain and seamlessly integrated within Telegram. The token’s primary objective is to facilitate widespread distribution among active users of the TON network and .ton domain holders, while also driving the development of a comprehensive ecosystem and powering the diverse range of TON DNS Club products.

Introducing TON DNS Club: A Revolutionary Domain Name System

TON DNS Club is the premier global hub for domain holders, uniting a diverse community of enthusiasts, professionals, investors, and developers from around the world.

What are the Functions of the TON DNS Club Token and Ecosystem?

The functions exert a profoundly positive impact on the price trajectory and distinctiveness of $WEB3, thereby emerging as a pivotal contributor to its triumph.

  • To safeguard against spam and mitigate the influx of messages in shared chats, we will restrict the ability to leave comments and messages to token holders and subscribers only. Notably, when subscriptions are purchased, $WEB3 tokens are burned, thereby reducing the available token supply and augmenting their scarcity.

  • The grand prizes in our events are $WEB3 tokens, which serves as a magnet to attract new users to the TON DNS Club ecosystem and incentivizes existing users to participate in various promotions.

  • Buyback (Q3 2024). A significant 15% of the ecosystem’s revenue will be allocated towards buying back $WEB3 tokens. As the number of domain owners and participants in the TON DNS Club ecosystem grows, the number of tokens being bought back will increase, positively impacting the token’s value.

  • When purchasing subscriptions to private channels and chats, as well as when advertising domain sales or rentals, 15% of $WEB3 tokens are burned, thereby reducing the available token supply and increasing their uniqueness.

To safeguard against spam and mitigate the influx of messages in shared chats, we will be introducing a token-gated commenting and messaging system, exclusively available to token holders and subscribers. Notably, the subscription model is designed to utilize $WEB3 tokens, which are subsequently burned, thereby reducing the circulating supply and enhancing their scarcity and distinctiveness.

The premier rewards in our events are $WEB3 tokens, which serve as a magnet to draw in new users to the TON DNS Club ecosystem, while also incentivizing existing users to engage in a diverse range of promotions.

In Q3 2024, we will initiate a token buyback program, whereby 15% of the entire ecosystem’s revenue will be allocated towards repurchasing $WEB3 tokens. As the TON DNS Club ecosystem expands, with a growing number of domain owners and participants, the volume of tokens being bought back will increase, ultimately exerting a positive influence on the token’s value.

When settling subscription fees for private channels and chats, as well as advertising the sale or rental of domains, a 15% allocation of $WEB3 tokens is designated for burning, thereby diminishing the circulating supply and augmenting their scarcity and exclusivity.

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