✨ WHAT IS THE SNAIL ECOSYSTEM ?
The Snail Ecosystem is a hub of innovation, acting as the central point for a series of experimental utilities (tools, bots, channels, NFTs, etc).
The utilities are all separated by specific contracts where they are propagated by the success of the utility and the holders of both Snail Ecosystem Token (the main token of the whole ecosystem, to be launched later) and the individual contract associated with the specific utility.
✨ WHAT MAKES IT DIFFERENT / UNIQUE ?
Too many projects launch and die due to the value of the tokens, rather than the value of the utilities they represent.
The Snail Ecosystem aims to fix this by safely launching utilities with specific tokens associated with each utility. The most important aspect of this scheme is that the funds of failed projects (if any) will be cycled back to the central Snail Ecosystem hub so as to act as a source of insurance, airdropping the holders who held the bags for each contract that had no success with the public.
This leaves holders with a feeling of safety knowing that their risk can be mitigated by re-absorption into the hub token.
✨ WHAT HAS HAPPENED SO FAR ?
Seven sub-tokens have been successfully launched, each with their own associated utilities. These have successfully started to demonstrate the concept of the project.
✨ WHAT’S THE FUTURE LOOK LIKE ?
The future consists of launches of other sub-tokens each with their own utilities, then the launch of the central token to house more smart features to assist in absorption of failed sub-projects (if any).
Future tokens are to be launched with a basic tax to ensure that every transaction pushes volume into the Snail Ecosystem Token.
Staking to be set up to allow users to claim from a suite of tokens associated with utilities. By holding and staking the Snail Ecosystem Token, holders are assisting in overseeing the development of a series of utilities and gains the freedom of being rewarded in the tokens that represent the utilities they like the most.
The performance of the tokens and the claims through the staking app will be a core indicator of the success of the utilities.
