Introducing Qrolli Shares: A New Frontier in Social Tokenomics

Qrolli
2 min readAug 20, 2023

Dear Qrolli community,

Today marks a significant milestone in our journey. We’re thrilled to introduce to you a novel concept that will revolutionize the way you interact with our platform: Qrolli Shares.

What are Qrolli Shares?

Whenever a Qrolli ID is minted, it doesn’t just represent an identity. It stands as a beacon, a symbol of value and uniqueness in the vast Qrolli universe. Recognizing this intrinsic value, we’ve devised Qrolli Shares. Each Qrolli ID, upon minting, will automatically be endowed with 100,000 shares. Think of these shares as a tangible representation of the influence and value of that particular Qrolli ID.

Why Should You Care?

The Shares aren’t just numbers; they are your passport to an exclusive world of content on the Qrolli platform. Holders of these shares get access to unique, shareholder-only content curated by the Qrolli ID owner. This feature incentivizes Qrolli ID owners to produce high-quality, exclusive content, fostering a richer ecosystem.

Dynamic Pricing via Bonding Curve

But there’s another layer to these shares. We’re integrating a bonding curve mechanism. In simple terms, a bonding curve is a mathematical model that determines the price of a token based on its supply and demand. The more in demand a Qrolli ID’s shares are, the higher their price and vice versa.

  • Buying on the Curve: As more users buy shares of a Qrolli ID, the price per share increases.
  • Selling on the Curve: When users decide to sell, the price decreases depending on how many shares are sold.

This dynamic pricing model ensures a fair, market-driven valuation of every Qrolli ID’s shares.

Embracing a Decentralized Future

Qrolli has always been about pushing boundaries. With Qrolli Shares, we’re embracing the ethos of decentralized finance. The Shares aren’t just a tool for engagement; they’re a tradeable asset. This introduces an exciting dynamic where users can potentially profit from identifying and investing in rising stars within the Qrolli platform.

Stay tuned for more updates and detailed guides on how you can navigate this new frontier.

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