💲Why launch a token?

We see a lot of projects launching tokens without any use case but we have done extensive benchmarking to identify why a token for the ecosystem is a good idea

Access to SaaS Services:

• To use the platform's services, users must hold a specific number of BotFi tokens.

• Access is tiered based on the number of tokens held, with higher amounts required for premium services.

Subscription Fees Paid in BotFiTokens:

• Users pay for subscriptions or services using BotFi tokens.

• Payments are tracked and managed on the platform’s system, ensuring seamless transaction processing.

50% Buyback and Burn Mechanism:

• For every payment made, 50% of the value is used to buy back BotFi tokens from the market (if listed) or from the circulating supply.

• These tokens are permanently burned, removing them from circulation.

Example:

• If a service costs $100 worth of BotFi tokens, $50 worth is bought back and burned.

Effect on Supply and Demand:

• The buyback and burn mechanism leads to a continuous reduction in the total supply of tokens.

• As supply decreases and demand for services grows, the value of tokens is expected to rise due to increased scarcity.

• Users are incentivized to hold tokens, anticipating future value appreciation as more tokens are burned.