5. DonaBlock Giving Protocol
We want to develop and provide a donation platform that allows consumers to receive back the intermediate profits generated during the distribution and sale of products such as shopping, dining out, and traveling ("ShopBack"), and then enables consumers to donate to individuals or groups of their choice ("ShopGive") in order to expand the scope of donations in three steps.
Phase Block-1 Early Stage to Test Basic Models - Stage: Connection of partner, brand and store
In the initial stages of forming a token economy, the proportion of fiat money in the total volume of transactions is significantly higher than the proportion of tokens.
Phase Block-2 Accelerate Token Volume & Value - Stage: Connection of partner, brand and merchandise
The volume and value of tokens increase rapidly, and the expansion of the proportion of token usage is accelerated.
Phase Block-3 Market Expansion Stage – Stage: Connection to offline store
When reaching Phase 3, the expansion stage of the market, the majority of transactions will be made using tokens, and the tokens will circulate autonomously among economic entities within the economy. This circulation will increase demand for tokens and ultimately lead to an increase in token value.
Last updated