Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] EUREKA - DISRUPTING THE $23.5 BILLION SCIENCE PUBLISHING INDUSTRY
by
andrewjamescook
on 27/11/2018, 12:49:06 UTC
-The token should be a utility token from what I read about the used of the tokens and platform in the whitepaper here : https://eurekatoken.io/whitepaper_v3_1.pdf
Hmm, i see there is no benefit that the token holders will get for holding the tokens since i just see that token will just be used to get some features.
But maybe there will be a mechanism to make the token price increase like token burn or something like that?

Hi,

To answer your question, there are two incentives to hold the token: a) As more journals are deployed on EUREKA, demand for the token will increase, and there is a finite amount of tokens b) The loyalty bonus program rewards token holders continuously with 1% loyalty bonus, calculated as 1% of the volume of EKA used as a means of payment on the platform.