Sound and Earn

Overview

Token Amount	% of Total Supply	UNLOCK schedule
3,000,000,000	30	Gradual being unlocked 8 years

UNLOCK schedule

Date	numbers of UNLOCK
Day 0	0
Month 3	40,000,000
Month 4	40,000,000
Month 5	40,000,000
Month 6	40,000,000
...	...
Month 27	40,000,000
Month 28	20,000,000
Month 29	20,000,000
Month 30	20,000,000
...	...
Month 51	20,000,000
Month 52	10,000,000
Month 53	10,000,000
Month 54	10,000,000
Month 55	10,000,000
...	...

The supply cap of $SWT by Sound and Earn is 30% of the total.

$SWT Distribution Start Date

Stages	Prerequisite	events
Stage 1	Infrastructure	$SWT Swap/Trade function open
Stage 2	Utility	Step-by-step implementation of $SWT utility
Stage 3	Burning	Install $SWT burning progress bar
Stage 4	$SWT Earning Event	Start distribution of $SWT when burning progress bar reaches 100%.

$SWT Acquisition Mechanics

Level & Rarity Requirements

Headphone NFT rarity must be 4 or higher and level must be 20 or higher to earn $SWT.

Half Mechanics

A set number of $SWT are unlocked and earned each day. The daily release of $SWT follows an exponential decay pattern, with the daily $SWT unlocked on the first day of the second year exactly halved compared to the start date of earning.

Einstein Mechanics

The system always adds randomness to the user's $SWT earnings, making earnings unpredictable.

Bitcoin Dynamics

The $SWT earnings per person will be distributed proportionally, similar to the DIFFICULTY BOMB in Bitcoin and Ethereum, but will settle down quickly. The more users who earn $SWT at a particular time, the less $SWT earned per person.

$SWT Burning Mechanics

Headphone NFT

1. Burn to reach level 5/10/15/20/25/30

2. Burn to mint Headphone NFT above rarity 4

3. ...

Enhanced In-App Mechanisms

1. ...

Composer

1. Burn $SWT to reach more people with your music

2. Burn $SWT to get your songs in front of the audience you want to reach

3. ...