8. Tokenomics: ZKPT Tokens as Utility

In the evolving landscape of digital security and privacy, the ZKPT token stands as the backbone of ZKEncrypt's ecosystem, embodying our commitment to creating a self-sustaining and robust economic model. This section outlines the key aspects of the tokenomics of ZKPT and its role as a utility token within our platform.

Role of ZKPT Tokens

ZKPT tokens are designed to serve multiple critical functions within the ZKEncrypt platform, enhancing both user experience and platform security:

- Access and Usage Rights: Users are required to hold and stake ZKPT tokens to access various encryption services offered by ZKEncrypt, linking token possession with service utilization.

- Payment for Services: All services on the ZKEncrypt platform, such as advanced encryption techniques and privacy features, are payable in ZKPT tokens, creating a constant demand for the token as the platform grows.

- Rewards and Incentives: ZKPT tokens are used to reward users for participation in the ecosystem, such as contributing to network security, providing liquidity, or participating in governance decisions.

Deflationary Mechanism

To ensure the long-term value of the ZKPT tokens, ZKEncrypt employs a deflationary token model:

- Token Burn: A portion of the tokens used in transactions is regularly burned, reducing the total supply and creating a scarcity that can potentially drive up the token's value over time.

- Staking Requirements: Staking not only secures the network but also reduces the velocity of tokens, as a significant amount of the circulating supply is locked, decreasing overall token availability.

ZKEncrypt is committed to enhancing token value and ecosystem stability. To achieve this, 50% of all fees collected from our services are allocated to a buyback and burn program. This strategic initiative reduces the circulating supply of our tokens, promoting scarcity and increasing long-term value for token holders.

Token name: ZKEncrypt

Symbol: ZKPT

CA: -

Total Supply : 300,000,000

Liquidity: 270,000,000

Team: 7,500,000

CEX Reserve: 5,000,000

Staking Rewards: 7,500,000

Ecosystem Reserve: 10,000,000