Token Utility
DGMA is a utility token with a fixed supply that powers the daGama ecosystem. Within the daGama ecosystem, our token is used to pay for services, gain access to additional features, and receive rewards.
A cornerstone of the DGMA token's utility is the Post & Earn mechanism. The ecosystem employs a role-based model that encourages user engagement and valuable content creation by rewarding users with DGMA tokens for their contributions.
For example, users can earn DGMA tokens for creating high-quality reviews and recommendations, as well as for discovering new places and events.
Business utility:
Business Profile
Promotional Tools
Loyalty Program
Retail Tools
Acting as the main token acquirers, businesses harness DaGama's tools to produce real-world profits and share a fraction of those proceeds.
The Business Panel and Promotional Tools sections provide an in-depth exploration of the business-DaGama interaction.
Users utility:
Profile Customization
Additional Features: comprehensive travel planning tools, memory map, and more.
Discounted In-App Services
Payments for Third-Party Services
Crowdfunding & donations for exclusive content, experiences and secret locations
A key aspect of our economic model is based on the idea that users can become useful members of the daGama DAO community and earn tokens instead of having to buy them. Businesses monetize users in return for their input. More details about the rewards system are available below.
Continuous Reward Pool
We employ an infinite pool mechanism for rewards. The token distribution economic model takes into account user contributions to the ecosystem and their reputation.
The Reward Pool is segmented into epochs.
Each containing a predetermined number of rewards.
Each epoch spans TWO weeks, concluding with a token distribution via loot boxes.
The reward size and acquisition likelihood for each era are thus dictated by the prevailing token balance in the prize pool and the rarity of the loot box.
The Impact of NFTs on Reward Distribution
Holding a Membership Card has a direct impact on how many rewards a user gets when tokens are distributed at the end of the epoch.
NFT holders enjoy enhanced discounts and bonuses on in-app products, along with increased staking APR.
Token Burn Mechanism
Upon purchasing premium accounts, tokens will be transferred to daGama's treasury. From this treasury, tokens will be burned on a monthly basis.
In addition to burning tokens from premium account purchases, the project will also burn excess tokens from the rewards pool and drops. This occurs when the number of participants is insufficient to effectively distribute rewards at the end of the epoch.
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