in the NFT-based Blockchain Ecosystem.
TooNFT is an unprecedented blockchain-based platform that will revolutionize the WebToon industry by creating an innovative next-generation NFT ecosystem.
The core functionalities of TooNFT are
Directing exchanges between writers, readers, and investors without a middleman
Creating a transparent compensation system for investors and creators
Turning WebToon creations into tradable NFTs
content subscription service, allowing WebToon writers to
freely serialize their content products through the TooNFT
platform. Users can subscribe to the WebToons they want to
read by using TOON tokens as payment methods.
Ecosystem participants can create NFTs through the TooNFT platform, and the generated NFTs can be kept in their personal wallets. There are two types of NFT platforms: NFT, which have the right to benefit from the content, and NFT which are created using popular characters.
$TOON TokenPaymentOn the TooNFT platform, readers can pay a certain fee and freely subscribe to the author's WebToon content. The author's WebToon content data is stored as an ERC-1155-based NFT. Some of the reader's WebToon content subscription fees are accumulated in the Treasure Pool.
StakingFrom 2023, TOON token holders will be able to stake TOON tokens and receive staking rewards from the treasure pool or participate in governance processes. The TooNFT Platform will offer the staking feature in its platform in order to claim numerous benefits from their long-term value preservation contribution to the TOON.
DAO(Decentralized Autonomous Organization)Staking TOON tokens allows users to gain Voting Power (VP) and participate in the most essential governance voting through the DAO mechanism. Details of VP will be released after the DAO launch.
Token MetricsA total of 10 billion TooNFT tokens are issued. TooNFT tokens distribution is as follows.