TOKENOMICS
100 MILLION TOKEN SUPPLY
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TOKENOMICS BREAKDOWN
Staking Rewards: 30 million tokens or 30% of the total token supply will be allocated for incentivizing token holders to stake and earn.
Chapter Completion Rewards: 40 million tokens or 40% of the total token supply will be allocated for incentivizing readers to complete chapters of a novel or webtoon.
Governance: 10 million tokens or 10% of the total token supply will be allocated for decision-making and governance functions, such as voting on proposals and electing representatives.
Team and advisors: 10 million tokens or 10% of the total token supply will be allocated for compensating the project team and advisors for their work and expertise.
Reserve: 10 million tokens or 10% of the total token supply will be allocated for creating a reserve fund that can be used for future needs or emergencies.
NFT STAKING
Ahjin is excited to offer our token holders the opportunity to participate in our NFT staking program, designed to reward our community for their involvement in the platform. With a total allocation of 30 million tokens for staking rewards, holders can earn significant returns on their investment by staking their tokens for a 30-day period. Our staking program is available to all holders holding up to 20 NFTs per wallet, with a total of 555 NFTs available for staking.
Staking rewards are calculated based on the proportion of days staked, with a rewards rate of 15% annually. This means that holders can earn daily staking rewards of approximately 0.041% (15% / 365), with the potential for even greater returns based on the number of tokens staked and the length of the staking period. For example, a holder staking 20,000 tokens for the full 30-day period would earn approximately 2.46% in staking rewards.
At Ahjin, we are committed to building a strong and engaged community of token holders who share our vision for a sustainable and equitable token economy. Our NFT staking program is designed to incentivize long-term investment in the platform, providing our holders with the opportunity to earn significant returns while contributing to the growth and development of the Ahjin ecosystem. Join us today and start earning rewards on your investment!
READ, CREATE, HOLD-TO-EARN
READER'S EARNING METHOD
The earnings for readers who use our platform is different from how our NFT holders and creators get. Whenever readers finish reading a chapter, they get rewarded a certain amount of $AHJ which can later be used for many things.
There are different ways through getting $AHJ. This can be done by contributing to the community by giving feedbacks, liking, sharing, or commenting on your favorite webtoon, manga, novel, or manwha!
CREATOR'S EARNING METHOD
Whenever creator's publish a web comic, or novel and it starts gaining views, creators will automatically be eligible to earn a share from the 50% ad-revenue. The calculation is as follows:
Revenue share for creator = (creator's views / total views) * (total ad revenue earned / total number of creators with at least 1 view)
In this formula, the revenue share for each creator is calculated by taking their total views and dividing it by the total views of all creators, then multiplying this percentage by the total ad revenue earned, and dividing it by the total number of creators who have at least 1 view.
This formula ensures that only creators who have at least 1 view receive a revenue share, and that the revenue is distributed proportionally to the number of views each creator receives relative to the total views of all creators. The formula can be easily implemented on your website by calculating the values for each variable and then plugging them into the formula to determine the revenue share for each creator.
HOLDER'S EARNING METHOD
By holding Ahjin Lab's NFT, you are granted to earn passive income. In a way, it makes you a shareholder of the project. The calculation is as follows:
NFT Holder Share = Total Revenue * 40% / 555
This equation calculates the amount of revenue that will be shared among the NFT holders. The equation multiplies the total monthly revenue generated by the website by 40%, and then divides the result by the total number of NFTs (which is 555) to get the amount that each NFT holder will receive.
The extra revenue share for NFT holders holding more than one NFT is calculated as follows:
Extra NFT Holder Share = Total Revenue * 1% / Total Number of NFTs held by all NFT holders
Max Extra NFT Holder Share = Extra NFT Holder Share * 10 * Total Number of NFT Holders
Total NFT Holder Share = NFT Holder Share + Extra NFT Holder Share (up to the maximum)
This equation calculates the additional revenue share that NFT holders holding more than one NFT will receive. The equation multiplies the total monthly revenue generated by the website by 1% to get the total additional amount of revenue that will be shared among these NFT holders. Then, this amount is divided by the total number of NFTs held by all NFT holders to get the amount that each NFT will contribute to this extra share.
The maximum extra share per NFT holder is then calculated by multiplying the extra share per NFT by 10 and by the total number of NFT holders. This ensures that the total amount of extra revenue share does not exceed 10% of the total revenue.
Finally, the total revenue share for each NFT holder is calculated by adding the initial NFT holder share to the extra NFT holder share (up to the maximum).
HOW ARE WE EARNING AND WHERE DO THE OTHER FUNDS GO?
Our project is designed to be sustainable in a unique way. Unlike other projects that rely on investors to fund creators, we generate revenue through Google Adsense. This revenue is then distributed to holders and creators in accordance with our carefully designed formula.
We understand that website maintenance and salaries are important, which is why 10% of our total ad revenue will be allocated for these purposes. As our website grows, we plan to allocate a portion of our earnings towards our $AHJ token to add liquidity to it.
While Google Adsense is our primary source of revenue, we believe that advertising is crucial in today's digital age. To accommodate this, we offer businesses the opportunity to advertise their products within our web comics and webtoons.
We take pride in our unique approach to sustainability and are committed to providing the highest quality content to our users.