Could you please specify the model and tokenomics of Bentive? I see the project is quite interesting with a cashback network if im corect and the use of the token BENT, definitely a longterm prospect for sure. Well in addition to the listings of course. Any thoughts? Thanks !!
Welcome, Eugene! Bentive tends to solve one of the biggest logistics problem in the world of cashbacks, which is the transfer of value and the withdrawal mechanism for customers. Traditional cashback systems usually end up being an expensive operation for businesses and banking partners. By having Bentive network as an intermediary in the channel, cashbacks are tokenized (converted as Bentives) and distributed to the customers. This instantly reduces the cost of operations for businesses, while also giving freedom to customers. The customers are not charged anything, but businesses are charged a nominal fee to keep the network active. The limited supply of Bentive makes the supply/demand in check, while also locking a significant portion in masternodes.
Please feel free to check the whitepaper on our website, and we will be waiting to welcome you on our Discord as well!