#9 Token Economy 1
PX, MP, and DI are the three major components of ASSEMBLE’s Token Economy
ASSEMBLE protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize existing points and miles with point providers, consumers and retailers.
In the previous post, we looked at how ASM Token can be used within and without the ASSEMBLE Protocol. In today’s post, we will be looking at the Token Economy, an ecosystem in the ASSEMBLE Protocol. In fact, there are three core components to the ASSEMBLE Protocol’s ecosystem. Today, we will only be discussing one of the features, the PX (Point Exchange). It just so happens to be one of the major pillars of ASSEMBLE’s Token Economy.
Token Economy
The ASSEMBLE Platform is a place where all the participants can engage in two core areas known as ① the Market Place (MP), and ②Data Infrastructure (DI). Each participant can access the services mentioned below on the ASSEMBLE Platform.
- Point Usage: MP (Market Place)
- Ad Placements: DI (Data Infrastructure)