We have designed the token economics to ensure that platform and revenue growth correlate with increased utility and demand for the ALBT token.
ALBT tokens are the backbone of the AllianceBlock Ecosystem.
The ALBT token serves as a multi-purpose tool to be utilized as the primary medium of exchange, means of reward for ecosystem participants, and network fee payment mechanism. In addition the ALBT token will act as the currency reserve of the ecosystem reserve pool and as a governance token for voting and power delegation.
Token utility and scarcity is further achieved via a number of deflationary features including node staking, liquidity pooling, quarterly revenue-based token burns, and quarterly activity-based token burns.
Between 25%–50% of fees will automatically be confiscated by the Protocol and burned quarterly.
Means of Reward