โš–๏ธTokenomics

A tokenomics model keeps our ecosystem sustainable.

The token economy of GoSleep is designed to create a sustainable and fair ecosystem for all users. Our token, ZZZ, is used as a reward for accomplishing sleep goals and group tasks, and it can be consumed for various purposes such as upgrading NFTs, purchasing bedroom and material NFTs, and staking.

To ensure the stability of our token in the market, we have implemented a stable token economic system that maintains the overall amount of liquidation token, which helps to stabilize the price of the token. Our system is designed to prevent sudden inflation or deflation, ensuring that the value of our token remains consistent over time.

With this stable and sustainable token economy, we aim to create a platform that provides value to both our users and investors, while also contributing to the overall development of the sleep app industry.

Generate tokens

Free NFT

As part of our onboarding process, every new user will receive a free NFT from GoSleep. This NFT is the lowest rarity and level, and cannot be repaired for durability. However, it's still a valuable asset as it can be used to generate tokens and participate in our ecosystem. We believe this will encourage users to explore our platform and start playing right away, without any barriers or requirements to purchase an NFT upfront.

Accomplish sleep goal

Users can generate tokens by meeting their sleep goal each night. The number of tokens generated will depend on the user's NFT rarity and level.

Accomplish group tasks

Users can also generate tokens by completing group tasks with other users. These tasks will be designed to promote healthy sleep habits and could include challenges such as limiting caffeine intake or practicing meditation before bed.

Extract tokens

Free NFT Holder

Invite friends

Users can extract tokens by inviting three friends to join GoSleep. If one of these friends becomes a free NFT user, the inviting user will receive a bonus of tokens.

Buying A Premium NFT

User can use their tokens to buy a listed NFT from the built-in marketplace. This grants them direct access to premium NFT and its features.

Premium NFT Holder

If a user owns a premium NFT, they can also extract tokens on a daily basis.

Consume tokens

Upgrade NFT

Users have the ability to upgrade their current bedroom NFT to a higher level by consuming two NFTs of the same rarity. This means that users can make their existing NFTs more valuable without having to acquire new ones.

When consuming NFTs for upgrades, users need to ensure that the NFTs they are consuming are of the same rarity. In addition, if the consumed NFTs are not at full durability, users can also compensate with a certain amount of tokens.

Purchase bedroom and material NFTs

Users can also consume tokens to purchase bedroom and material NFTs to customize their sleep environment and potentially improve their sleep quality.

Merge NFT

Users can also consume tokens to merge NFTs and create more powerful and valuable NFTs.

Draw Furniture NFTs

In addition to upgrading and repairing their NFTs, users can also draw furniture NFTs using their tokens. These furniture NFTs can then be merged into the user's bedroom NFT to decorate and personalize their virtual sleeping space.

Each furniture NFT has different design styles, allowing users to create unique and customized sleeping environments. The merging process requires a certain amount of tokens, depending on the rarity of the furniture NFTs, but it's a great way to use tokens to enhance the overall user experience in the app.

Stake tokens

Users can stake tokens to earn rewards, voting rights or other benefits within the GoSleep community. This could include participating in governance decisions or earning bonuses for contributing to the development of the platform.

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