The Significance of SocialFi and Innovation: A deep dive into $rLoop
Social finance is being used to fund initiatives and unlock value from talent, while also supporting that talent. $rLoop will power this at rLoop DAO
Social tokens are going to play a larger role in society and their influence will only grow. The more social tokens you hold, the more access and benefits you’ll get.
At rLoop, we are putting a major bet on innovation. We believe that our community tomorrow will be even more valuable than it is today. That’s why we focus on making the $rLoop token strong and community driven.
Our main focus is to develop innovations that tackle the world’s biggest challenges in areas like climate change, energy, water and food. We’ve been working on this mission since winning the SpaceX Hyperloop competition in Jan 2017.
$rLoop will serve as a bet on our ability to innovate and make a meaningful impact. By holding $rLoop, you’ll capture the value created by rLoop DAO.
$rLoop Tokenomics & Use Cases
The total supply of $rLoop is capped at one billion tokens. But $rLoop will be more than just a governance token. In addition to gaining voting power through staking, you will also earn an APY derived from the DAO’s revenue. The more $rLoop you stake, the higher the APY bonus.
We predict that revenue sharing models like this will become more common. As you can see, $rLoop has unique utility compared to other governance tokens. You are incentivised to hold $rLoop and participate to capture the value created by rLoop DAO.
$rLoop can be earned through DAO members’ contributions to innovation, by providing cognitive supply. This is value addition powered by Proof of Innovation.
Conclusion
rLoop DAO is committed to giving back as much as possible to the community. We continuously reinvest earned revenue back into the ecosystem for the benefit of everyone who contributes and holds $rLoop. This is how social tokens are meant to work — creating a win-win scenario for both investors and rLoop DAO.
With $rLoop staking, governance voting on innovation, rLoop aims to empower its community to help solve global problems while being rewarded.
We are excited to see where the future takes us as we continue to find ways to provide more value to you while solving global challenges through innovative, technological solutions that inspire both joy and hope for all.