White Paper
Apr 7, 2024
White Paper: Integration of WriteIt Coin into WriteIt Social Media App Introduction: Our white paper outlines the integration of a native token, called WriteIt Coin, into our revolutionary social media app, WriteIt App. By implementing blockchain technology, we aim to revolutionize the digital content economy and empower users with incentives for meaningful interactions.
Tokenomics:
• Token Name: WriteIt Coin (WRITEIT)
• Token Type: SOL
• Total Supply: 1 billion WRITEIT
• Distribution:
• 50% - Community Rewards & Incentives
• 20% - Development & Operations
• 15% - Team & Advisors
• 10% - Marketing & Partnerships
• 5% - Reserve Fund
Integration Timeline:
1. Token Launch (March 2024):
Initial token offering to seed investors and community members.
2. CEX Listings (August 2024):
WriteIt Coin will be listed on major centralized exchanges (CEX) to enhance liquidity and accessibility.
3. Integration into WriteIt App (November 2024):
Integration of WRITEIT into WriteIt App the social media platform, enabling users to earn, spend, and exchange tokens within the app.
4. Influencer Rewards (February 2025): Implementation of rewards program for influencers based on their engagement and impact on the platform. Influencers will receive WRITEIT for creating valuable content and driving user engagement.
5. Community Engagement Campaigns (Ongoing): Regular campaigns and events to encourage active participation and foster a vibrant community.
Use Cases:
• Content Monetization: Creators can monetize their content by receiving WRITEIT for likes, comments, and shares.
• Advertising: Advertisers can purchase ad space using WRITEIT, ensuring targeted and engaging promotions.
• Virtual Goods: Users can purchase virtual goods and premium features within the app using WRITEIT.
• Community Governance: Holders of WRITEIT will have voting rights on platform governance and future developments.
Conclusion:
The integration of WRITEIT into WriteIt App represents a significant step towards democratizing the digital content economy. By incentivizing meaningful interactions and rewarding user participation, we aim to create a more engaging and rewarding social media experience for all users.
We invite you to join us on this exciting journey towards a more decentralized and inclusive social media ecosystem.
