A brief look at the role and value drivers of the USAT Token.
Everyone in the ICO world knows there are an abundance of platforms out there with no long term plan- in fact, they barely have a short term one. These types of ICO’s don’t care about what happens to the price of their tokens once they’ve raised their funds.
USAT Inc. is different. We care about the longevity of our platform and the interests of our token holders, so we have made long term plans to ensure the USAT platform and tokens generate value long into the future, so that we can continue to fund and develop world changing technologies.
Here are the three core mechanisms that protect and drive up the value of the USAT token:
- Purchases of the technology developed by USAT Inc. must be partially made in USAT tokens. Once we have finished funding and developing a technology and it’s been released onto the market, parties interested in using the technology (for example, our new renewable energy technology, solar-wind) must pay 10% of the price in USAT tokens. The buyers will need to acquire these tokens from the secondary market, which generates perpetual demand for the USAT token.
- Access to the platform requires USAT tokens. To use our blockchain to safely store their intellectual property (IP) or to have that IP assessed as a potential candidate for development through the USAT platform, the IP holder will need to pay a predetermined fee in USAT tokens to cover the cost of the initial assessment. Again, these tokens will need to be bought from the secondary market, creating demand for the USAT token.
- A portion of USAT Inc.’s profits will be used for token buy-backs. To ensure the market flourishes, some of the profits made from the sale of our technologies will be used to buy tokens back from the secondary market biannually. This generates a sustained demand for the tokens.
As an organisation, USAT Inc. is always looking to the future. We put a lot of effort into planning how we can shape the best possible future through our technologies, humanitarian works, assistance to young innovators, and responsible tokenomics for the benefit of all.
USAT Inc. is an Australian organisation that utilises blockchain technology to decentralise the intellectual property process and provide patent holders with greater security. Through our platform we fund, develop, and commercialise intellectual property for the benefit of innovators, token holders, and the planet. We ensure innovators are supported and we provide token holders with strong growth opportunities.
For more information about our ICO or our ultra-affordable and clean, renewable energy project, Solar-wind technology, visit https://usat.io
Written by N. Cain.