Tokenomics

Tokenomics of Youflix

The Youflix platform uses the SPL Solana token, POCO, to drive user engagement and monetize attention through a vibrant platform designed for sharing and promoting meme-related content. Here's how POCO integrates into our platform and its primary uses.

Purpose of the Youflix Token

POCO decentralizes financial interactions on Youflix, ensuring a fair, transparent monetization system that enhances user engagement and rewards content creators directly.

Token Utility

  • Buying Popcorns: Use POCO tokens to buy Popcorns for transactions like hyping tokens. Users will benefit from lower transaction fees with POCO compared to other payment methods.
  • Creator Rewards: Content creators receive POCO tokens as rewards based on community engagement and content popularity.
  • Enhanced Features for Token Owners: Token owners can pay for additional media storage and advanced features to enhance their presence on Youflix.

Economic Model

Supply Mechanisms

  • Mint Revoked
  • Burns and Buybacks: Part of Youflix's revenue goes to token buybacks and burns, reducing supply and potentially increasing POCO's value.

Demand Mechanisms

  • Engagement Growth: The demand for POCO grows as more users join Youflix and engage with tokens.
  • Fee Reduction: Using POCO for transactions reduces fees, making it an attractive option for users.

Allocation and Distribution

  • 70% Liquidity
  • 22% Community Holders
  • 5% Marketing
  • 3% Team