Today I came across the Token economic model of @JoinSapien. Wow, this design is like playing a puzzle game, filled with cleverness. I have to tell you about it!

The Sapien platform is essentially a way of using blockchain tokens to reward data annotators, turning the monotonous annotation tasks into a rewarding "level-up mini-game." They issue the $SPN token, with a total supply of 1 billion, and a public sale price of $0.003—calculating that the fully diluted market cap is only $3 million, which really makes it feel like a small-time vendor in a market compared to those boasting hundreds of billions.

Looking at the Token distribution again, it's as if they have "not scamming retail investors" written all over their faces:

• 10.5% (105 million) as the reward pool, to pay "hard work fees" to users who dedicate themselves to tagging, rewarding more for more effort, more reliable than the performance pie drawn by the boss.

• 8% for early contributors, but with a "seal" added, think about dumping it all at once? No way.

• 15% goes into the liquidity pool, directly unlocking for convenient trading, no worries about not having a counterparty for buying and selling.

• The coins received from private placements, public offerings, and KOLs will have half unlocked first for a taste, while the remaining will be gradually released over 1-2 months, fearing to crash the market.

The best part of this model is that there are no "VCs taking positions and retail investors being treated like chives" shenanigans, and the unlocking pace is as slow as a plodding ox, ensuring no sudden attacks. The core idea is to allow the Token to circulate properly in the market, rather than letting it rot in the hands of the project party.

What struck me the most is: ordinary people can just mark a picture and change a piece of text, not only can they earn some pocket money, but they can also hold the platform's Token and be "shareholders," enjoying the benefits in the long run. This is much more interesting than the kind of "mine and sell, then run away" strategy; it feels like it can last longer! What do you think, is this operation impressive?

#PlaySapien # CookieSnaps #yap # Sapien
@JoinSapien