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
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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
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Financing: When the
End User
of aBusiness
wishes to make a large ticket purchase or purchase a SaaS subscription on credit, they can do so. ABusiness
is limited by the number of financing plans based on the amount LCI being used as collateral.
Governance and Voting Rights
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Empowers users with Decision-Making power
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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
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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 anend user
may churn. When a company advances gas (transaction fees) they keep track of the balance of theend user
to not exceed a predefined amount -
Businesses
can give rewards or incentivizations to theirend users
in the form of a Stablecoin.
References
- Mark Andreessen. Ben Horowitz. State of AI with Marc & Ben. 2024. Download
LUCI and LCI Economy Overview
LCI Total Supply: Fixed at 100,000,000 $LCI to ensure a balanced ecosystem.
Designed to support the Lucia ecosystem's functionality, including staking, transaction fee reductions, and rewards.
LCI token has no market transaction value. Instead, users can use the LCI token for activities within the Lucia ecosystem, especially in driving ROI in user onboarding and governance activities.
Please review the Tokenomics Document for the full overview
Token Distribution
Governance Structure
Understand the Lucia DAO and how you can be part of it
Join the DAO discussion: Discord
Decentralized Governance Model
The Lucia ecosystem adopts a decentralized governance model, empowering LCI Token holders to actively participate in key ecosystem decisions. This model is open to all users wishing to engage in platform governance using their LCI Tokens. By staking LCI, users receive esLCI which can be used to propose and vote within the Lucia DAO.
Proposal Template
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Abstract
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Motivation
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Specification
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Overview
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Scope
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Success Criteria
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Timeline/Budget
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References
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