Web3 social app Tip Coin has unveiled its token economic model, with a breakdown of how the token TIP will be allocated. 35% of the tokens will be designated for platform rewards, 5% for marketing, and 5% for team lock-in. The remaining tokens will be distributed across three Epoch rewards.
In Epoch 1, 15% of the tokens will be used for liquidity provision, while another 15% will be allocated for airdrops. In Epoch 2, 20% of the tokens will be reserved for airdrops. In Epoch 3, 5% of the tokens will be used for airdrops.
Tipcoin operates as a decentralized social platform, rewarding users on Twitter (formerly known as X) for their engagement and tweets. To earn rewards, users simply need to mention @tipcoineth on Twitter and use the $tip symbol in their tweets. The level of engagement on the tweets, including likes, views, comments, and more, determines the number of points accumulated.
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