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spark🌸
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spark🌸
2 hours ago
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Today continues, I'm going to crush you @Novastro_xyz Here's a simple application case, then discussing Kaito's reward share ▪️Case: Tokenizing a $3 million Ferrari F40, increasing liquidity and revenue. Approach: - Tokenization: Novastro creates DTC smart contract, SPV holds vehicle, minting 3 million tokens representing full vehicle ownership. - Custody: Professional custodian maintains vehicle, records on-chain. - Token functions: Including rental and usage rights voting, automatic rental income distribution. - Token functions: Tokens with voting rights, automatic rental income distribution. - Automation: Reservation data integration, on-chain revenue payment. - Risks: Oracle updates status, major events freeze transfers. This is a simple application case demonstrating asset on-chain recording and revenue distribution, also introducing the platform's workflow. ▪️Kaito reward details: - Allocating 0.75% of NOVAS to Yappers and KAITO stakers - Weekly 5K USDC rewards for top 20 yappers, 2.5K USDC rewards for top 10 Chinese yappers Looking purely at this, weekly rewards are quite rich, with USDC rewards distributed weekly, averaging $200 per person for top 20 yappers and $250 for Chinese yappers. Separately rewarding Chinese yappers was unexpected, suggesting the project values the Chinese community, perhaps recognizing its potential! Currently, I've only written one piece, haven't made the list yet, I'll retract my previous statement. This isn't easy to compete in, likely due to weekly USDC rewards, which are indeed generous. Other projects typically distribute tokens at TGE, while this project offers its own tokens + weekly USDC rewards. twitter.com/0x_xifeng/status/1...
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