INTRODUCTION
In this article, I will be talking about the tokenomics of COMM as a short form for Commonwealth. This platform is an investment platform and at that makes use of a ERC 20 token known as COMM. The platform supports all its users as long as they have subscribed and are investing in it. It has a whole lot to do on the blockchain and to improve the entire system of technological advancement.
THE COMM TOKEN
The token represents a major tool that cannot be done without in the ecosystem. It is massively supplied to the ecosystem and the overall supply has been divided into percentage based on how it should be spent to develop the community. The platform now offers all it's contributors and entire users the opportunity to acquire the token and begin investing and interacting through the token. The big thing is that a whooping 50% of the token is set aside for investors to share as they purchase and use in investing. 30% goes to the foundation in active support of the movement and the remaining 20% to be shared to the team as reward for their contributions.
HOW TO CONTRIBUTE AND GET PROFITS AS AN INTERNAL RESEARCHER IN THE COMMUNITY
As a researcher in this platform, you can contribute to the trading models or propose strategies as to how investment can be done internally and successfuy. The advantage of doing this is that the profit will be shared in percentage to all of the contributors. The two ways of coming about this is by first presenting the plans for post Processing. The strategies however would be thoroughly evaluated. When tested, it will be runned and then some percentage of profit would be paid to the initiator as reward for the contributions made towards trading.
The platform on its own also represents a manager of all kinds of trading portfolios even though bit is opened to receive the strategies of the users. It provides a back testing network for users with strategies to have them tested before being adopted. Then, it is opened to all other types of digital currency to play along and find relevance in the community. Even as rigid as the present stock market is, they have a great backup and can overcome all forms of challenges. Other successful strategies of some financial markets would be used in the ecosystem while trading of all related and non related assets is done. Then the position of the COMM token will be to connect all the other assets, to sponsor transactions and for users to be confident when using the ecosystem or making their contributions.
CONCLUSION
The tokenomics of Commonwealth is a perfect drive for all investors that look forward to getting more profits from crypto investments especially through this platform. Coupling its activities with smart contracts is a very dynamic and good thing if you ask me. For sure, the ecosystem will be ahead and at the same time drive scholars to do more than what they have ever done before.
USEFUL LINKS
Website: https://cryptosmartbeta.com/
Twitter: https://twitter.com/CryptoSmartBeta
Facebook: https://www.facebook.com/CryptoCommonwealth/
Telegram: https://t.me/Crypto_Commonwealth_Europe
Medium: https://medium.com/@CryptoCommonwealth
YouTube: https://youtube.com/channel/UCpsI9ikWg7HKobrj_1Zq38A
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5230013.0
AUTHOR'S DETAILS
Bitcointalk Username: chuksmy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2635666