In principle, Revenue Participation Tokens give their holders ownership status of a business or project. For more details, read this article.
Understanding Revenue Participation Tokens
Revenue Participation Tokens (RPT) are a form of crypto token that gives its holder the right to receive a portion of the income or profits generated by a project or company.
In essence, RPT gives the holder ownership of the potential income or profits from a business entity or project.
The RPT concept emerged as an alternative to the traditional utility token or security token model, where the holder typically only has access or ownership rights to the product or service offered by the project.
With RPT, token holders can participate directly in the revenue or profits generated by the project, creating the potential for greater investment returns.
Also Read: What is Liquidity Provider Token (LP Token)?
Example of Revenue Participation Tokens
Sapien Network (SPN)
Sapien Network is a decentralized social platform that allows users to share ideas, content, and information by leveraging blockchain technology.
SPN is an example of Revenue Participation Tokens where token holders have the right to receive a portion of the advertising revenue generated by the platform.
Thus, users who contribute to the growth of the platform can be rewarded in the form of revenue.
Memes (MEME)
Meme (MEME) is a well-known NFT ( non-fungible token ) collection and trading platform.
MEME tokens give their holders the right to receive a share of the revenue generated from NFT trading on the platform.
For example, every time an NFT is sold or transacted on the Meme marketplace, a portion of that transaction fee may be distributed to MEME token holders.
Steem (STEEM)
Steem (STEEM) is a decentralized social platform that allows users to create and share content, and earn rewards based on their contributions.
STEEM tokens allow their holders to participate in the Steem ecosystem and earn a share of the revenue generated by the platform, such as rewards given to users who contribute to content curation.
Also Read: What is Autonomous NFT (aNFT) and the Features It Has
Chiliz (CHZ)
Chiliz (CHZ) is a utility token used in the Socios.com platform, which allows sports fans to purchase and exchange tokens to gain access to exclusive experiences and rewards in the sports industry.
However, Socios.com also has plans to launch Revenue Participation Tokens in the future, which will entitle their holders to revenue generated from the sale of merchandise and services on the platform.
In all the examples above, Revenue Participation Tokens allow their holders to participate directly in the revenue or profits generated by the platform.
Thus creating additional incentives for token holders to support and contribute to the growth of the entity.
This expands a more complex and diverse token economic model within the blockchain ecosystem.
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds intowallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movementBitcoin (BTC) price, Ethereum (ETH), Solana (SUN) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is a Governance Token, and what does it do?
What is an Initial Token Offering (ITO)?
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.