Tokennomics Overview

Staika thinks of the user first.

Structural elements

The Staika service is made up of Staika (STIK), a utility token, Taika (TIK) mileage points, and Aika (scheduled for 2024), a point-based currency to be added in the future.

Staika [STIK] - The project utility token (on-chain)

Staika is the utility token for the project that acts as a gorverning token through all services within the project which can be obtained by purchasing on designated exchanges or swapping on decentralized exchanges (DEX) and Staika wallet.
Staika token is used for rewards of user activities, means of payment in staika service platform as well as swapping with other alt coins.

Taika [TIK] - The mileage point token (Non-blockchain)

The mileage point token "Taika (TIK)" can be earned according to the user's activities within the current Staika services, "gazaGo" and "defenGo", will be onboarded to its own Mainnet when the mainnet development of the Staika Project, a roadmap task in 2024, is completed, with mileage points that can interact with the virtual asset "Staika (STIK)" on the blockchain.

Aika - Planned for 2024 (on-chain)

Aika will be used for payment by various merchants as a point-based currency with fixed value, and will be onboarded to its own Mainnet when the Staika Project's mainnet construction, the next 2024 roadmap task, is completed.

Dual Token Model (Scheduled to be introduced in 2024)

The Staika Project adopted a dual token (asset) model for long-term sustainable token economy and user convenience, and the Tiaka (TIK), current mileage point token within the service will be on-chain tokenized and onboarded on the mainnet when the mainnet development is completed as 2024 roadmap task.
The dual token model has the 4 advantages below.
  1. 1.
    Diversity It is possible to perform a variety of purposes by separating the functions of tokens.
    • One token acts as a means of storing value for the transaction.
    • The other token is used to perform certain tasks within the network.
  2. 2.
    Flexibility You can independently manage the value and supply of tokens.
    • We can manage the value volatility of tokens to maintain the economic stability of your project.
  3. 3.
    Economic incentives
    We can provide users with a variety of economic incentives.
    • Mileage(Point) token is used as a means for users to participate and receive rewards from certain tasks.
  4. 4.
    Enhanced security Certain tokens can be designed to contribute directly to the security of your network.
    • Protect the network, and prevent malicious activity.

Token burning

Various ways of token burning are key elements for a sustainable X2E model. STAICA's business model is designed with the intention of enabling the incineration of individual tokens and preventing inflation, and the structure of continuously expanding its business area, forcing the incineration of tokens to continue to increase.
STIK, Taika, and Aika, used within individual apps to prevent the occurrence of inflation in the Staika ecosystem, are burned in some or all of the following ways, depending on the service:
  • Recharging stamina
  • Recharging durability
  • Cost of participating in the challenge
  • Purchasing Challenge-Linked Items (On/Offline)
  • Purchasing X2E equipments
  • Purchasing X2E consumable items
  • Purchasing a treasure chest
  • Purchasing of random box tickets and random box items
  • Transfer assets from inventory to wallet
  • Burning through crew battle mode
  • Local commercial area linked services and product payment
  • Donations for NGO organizations and environmental conservation activities
  • Purchasing and trading of NFT items
  • Purchasing NGO Funding Items on the NFT Marketplace
  • Cost of custom made request for goods upcycling in NFT marketplace.
  • Purchasing of other lifestyle company partnership products (local tour, etc.)
  • Recharge and STIK exchange of points (mileage tokens, TAIKA) and AIKA using individual tokens
Last modified 2mo ago