token_utility

Token Utility and Use Cases

Facilitating Transactions in the Lucia Attribution Ecosystem

Expands financial opportunities. Let's define participants in this ecosystem. Businesses would be end users of Lucia Attribution. End Users are customers of Businesses

  • Platform Fee Payments: $LCI Tokens can be used to pay all types of fees on the Lucia, such as subscription fees for usage fees. Click here for more information on our pricing model

  • Financing: When the End User of a Business wishes to make a large ticket purchase or purchase a SaaS subscription on credit, they can do so. A Business is limited by the number of financing plans based on the amount LCI being used as collateral.


Governance and Voting Rights

  • Empowers users with Decision-Making power

  • Platform Governance: LCI Tokens serve as governance tokens, allowing users to participate in decision-making processes for platform development, such as voting on the introduction of new features.

    • Monetization: Fees individuals can collect when their information is being utilized
    • Interest: Change interest rates based on market conditions

Out of all data marketplaces, advertising and attribution data is the most frequently purchased and sold.


Incentive Mechanism for Devs and Users

Create a strongly connected ecosystem that facilitates engagement between the end users and firms leveraging financial data

  • Users holding and paying platform fees with LCI can receive discounts such asa 10% discount on subscription and purchase fees for holding 100 LCI

Financial Services Activated by LCI Token

  • Businesses that leverage attribution data will accrue LCI token

  • Used as collateral for debt during customer journey. There is friction when onboarding an end user. When presented with complexity an end user may churn. When a company advances gas (transaction fees) they keep track of the balance of the end user to not exceed a predefined amount

  • Businesses can give rewards or incentivizations to their end users in the form of a Stablecoin.


References

  1. Mark Andreessen. Ben Horowitz. State of AI with Marc & Ben. 2024. Download