1. Token Type & Structure
- Token Name: $DANCE
- Total Supply: Fixed or Inflationary (To be decided based on governance)
- Distribution Mechanism:
- Earning through engagement (aligned with Dance Energy)
- Marketplace transactions (event tickets, artist bookings, venue rentals)
- Governance & staking for platform decisions
- Liquidity incentives (if tradable)
2. Utility of $DANCE
$DANCE tokens serve as the main value exchange and incentive mechanism within WeDance.
A. Platform Utility
- Community Engagement & Reward
- Earn $DANCE through Dance Energy milestones
- Tipping content creators, event organizers, and artists
- Unlock exclusive features (VIP status, advanced analytics)
- Marketplace Transactions
- Buy/sell event tickets
- Hire artists, instructors, videographers
- Venue booking & management
- Redeem for WeDance merch, workshops, or lessons
- Governance & Participation
- Holders can vote on platform decisions (e.g., feature prioritization, rule changes)
- Stake $DANCE to become verified reviewers, moderators, or mentors
- DAO-style participation for grants to fund community dance projects
- Reputation & Influence
- Higher $DANCE balance unlocks community roles (Trusted → Guardian)
- Staking $DANCE for event hosting priority and better visibility
3. Earning & Spending Model
A. Earning Mechanisms
(Energy → $DANCE conversion based on activity)
| Action |
Energy Earned |
$DANCE Reward |
| Create Event |
+5 |
1 |
| Write Review |
+3 |
0.5 |
| Share Video |
+5 |
1 |
| Start Discussion |
+3 |
0.5 |
| Create Project |
+5 |
1 |
| Event Check-in |
+1 |
0.25 |
| Community Help |
+5 |
1.5 |
| Partner Request Accepted |
+2 |
0.5 |
💡 Bonus Pools: Monthly high contributors get extra token rewards.
B. Spending Mechanisms
| Feature |
$DANCE Cost |
| Feature an Event |
10 |
| Premium Organizer Tools |
25 |
| Discounted Event Tickets |
5-50 |
| Unlock VIP Access |
100+ |
| Boost Visibility for Content |
10 |