Use Case

Why Chayn is Value-Adding

Profit-sharing Community: Chayn DAO participants will be eligible to receive a share of profits generated by Chayn’s existing and future revenue streams. The profit-sharing will include 50% of Chayn’s revenue after expenses. Also, rightful owners of claimed sentiment tag NFTs will be eligible to receive additional share of profits from NFT sales and royalties. The profit sharing will commence when the Chayn DAO is activated and profits are generated.

Emerging artists: Musicians and creators alike will have an opportunity to earn Chayn tokens when others use their content. This will help emerging artists gain more exposure to their content and brand. Additionally, it makes for a great way expand an existing income stream.

Decentralized Exchange (DEX): A DEX facilitates the ability for users to trade Chayn tokens and NFTs in a peer-to-peer manner. The Chayn DEX also engenders the opportunity for Chayn to explore DeFi mechanisms such as liquidity pools, burn mechanisms, and reflection.

Sentiment Tag NFTs: Uniquely allows users to attach sentiments to their content. NFT owners may also mine Chayn tokens when their tags are used across social.

Sentiment Oracles: Through a process called API mining, the sentiment oracles will earn Chayn tokens as the API gets called. Once the API is called, the sentiment tag NFTs will be recognized by Chayn and will be visible on the respective platforms.

Chayn DAO: It allows the platform to be governed by the community in a decentralized manner where users help manage resources and to make decisions in a transparent, efficient, and secure way. Chayn DAO participants are also encouraged to propose new ideas that could help shape the direction of Chayn.

Gated Content: Chayn will allow users to create gated content where the content will only be available to users who perform requisite actions. For example, rightful owners of claimed sentiment tag NFTs (Influencers/brands/high profile individuals) could require their fans to buy their sentiment tag before gaining access to their content or special offer. It's a great way to engage fandom.

Decentralized Ads: Users will have a choice to opt-in to viewing ads on the Chayn platform. The ads will be presented in a way that complements the user experience. Since users have the ability to express sentiments about anything imaginable via the sentiment tag NFTs, ads will be shown to align with their sentiments. This income stream will also be included in the profit-sharing initiative.