One (or finally the only one) of the main reasons to rely on an ICO is the token value added: the more value it generates, the higher price it will get in the long term and the more interesting project it will become during the ICO TokenSale.
Why the token TUT will increase its value?
The answer is simple: with a fixed supply (tokens generated during the ICO and only these ones) and an increasing tokens demand, price will go up; but… why the tokens demand will increase?TUT tokens will be used for an increase group of services, and our mission will be to deploy the different services to let them flow over the network;We work on 5 steps in the development of token functionality:
Step 1. Token as cryptocurrency, to boost transactionability
TUT tokens will be used for next scenarios:
- Course purchases worldwide: buying a course in tokens will be always cheaper than buying it in fiat currencies, as a way to encourage them.
- Course purchases from complex countries or with high inflation rates: Venezuela, Cuba, Zimbabwe, etc; we have +350.000 users in those countries: letting them to buy courses with crypto represents, for first time, their access to a new world. They cannot access in VEF or other local currency. The only way is with cryptocurrencies.
- Donation services, letting people / companies transfer an amount of money to others, to be able to access to a concrete education or knowledge, and assuring a complete transparency and traceability process.
Step 2. Token as a rewarding system, to boost motivation
- Students get tokens in different ways, depending on the activities they generate to learn and to help others to learn.
- Teachers also get tokens in more ways than ever so, again, the recurring and the dAPP use will grow.
Both for Students and Teachers, as they will be able to access to high value services (only in tokens) most of them will keep their tokens in their wallets instead to get cash. It will produce a decreasing tokens supply.
Step 3. Token as a boost system for increasing fiat purchases
Token economy will also be benefited from the fiat market: the more people buy courses in fiat currencies, the more revenue the teacher received, so they increase activity to help students more; these students are happier because they learn more, so their conversion to paid courses will also increase.And as you receive also tokens even when you pay in fiat (5–10%, depending on your Relevance) your interest in treating with them will increase (ie: you invest 30€ in a course; you receive 3€ in tokens; you earn 10€ more in tokens during the course, and you discover if you get only 7€ in tokens in the market, you buy a new course of 20€ paying only 7!)
Step 4. Token as the only way to access high value services
- Teachers will access to promotion services, but only in tokens.
- Companies will have same position to access to their services. They will need tokens.
So they will have to get them in the market.
Step 5. Token as a governance model to influence platform decisions
Because of step 2, we have a strong community where some users will look for influence (and Relevance) more than liquidity.These users will look for holding tokens, to get power to influence in governance decisions. The more tokens they hold, the less supply there will be in the market. And what kind of decisions can they influence?
- Courses approval: instead being the platform the one who approves courses, it will be certain users.
- Careers design: new careers or updating of an existing ones.
- Q&A general terms: structure and management of global system.
- Project valuation: acting any relevant user as a teacher.
- And much more.
These token ownership will produce, again, less liquidity of tokens in the market.We are sure the token value will increase after the ICO, because we have a real, living and strong Community that will be using tokens in an increasing way. And tokens supply will be, in a continuous way, smaller.