SRT Economy
Last updated
Last updated
The Cash.Fi platform takes full advantage of the technological advancements that have birthed the web3 era. The Cash.Fi economy is initially launching with two digital assets: a non-fungible token that represents real-world places called Cash.Fi Trailblazers (TRAILBLAZER); and SRT, an ERC-20 token that can be redeemed to claim TRAILBLAZER, earned by submitting checkins that have good quality photos and captions, and used to make other types of purchases of goods and services.
Being a holder of SRT doesn’t represent ownership of Cash.Fi. Ownership of SRT represents both the ability to claim certain Cash.Fi benefits. It should not be regarded as an investment.
Team SRT is constantly strategizing how to build a strong, forever-lasting token economy. Many play-to-earn ecosystems forget about the holding tokens after earning tokens part, which leads to a collapse in token price—demotivating users from participating as frequently. Team SRT will cooperated with Team Cahs.FI and then we are taking a play-to-earn-to-hold approach, meaning that we are deeply aware of the importance of giving users ways to use SRT in our ecosystem rather than cash them out for local currency.
Additionally, we currently plan to have an initial token supply of 15,000,000,000 SRT, with nearly all of them initially out of circulation (since they are earned via play-to-earn). However, this is subject to change as we get closer to our token launch and finalize the mechanics of our token economy.
Currently 5.17% of SRT is circulating at the time of May 26th, 2022.
