Socialogue Token
$SLG Overview
Socialogue comes with a revolutionary vision to change the course of the NFT market. $SLG utility token plays a significant role in fulfilling all the platform's functionalities, which separates Socialogue from the competition. $SLG is an SPL chain utility token built on the Solana blockchain. The bridges to Ethereum and Polygon are already in the works.
$SLG is a Socialogue's currency. It serves as a tool to fulfill all the current and upcoming functionalities of the platform. The token is used across the ecosystem by artists, sellers, resellers, and other users as a basis for transactions and interactions.
The primary purpose of $SLG is to make it possible for people to earn while spending time on Socialogue. $SLG tokens can be used to tip other users for quality content. Furthermore, users can stake tokens on Socialogue's DeFi Partner Pools. All use cases of $SLG are explained in the "Token Use Cases" paragraph.
On top of that, the $SLG token is a way for Socialogue to raise funds for further platform development. The team has already accomplished a lot of milestones without outside funding. As a project evolves, the team continues to address users' needs and desires, resulting in the development of new unique, and advanced functionalities.
Why Solana? Socialogue leverages the Solana ecosystem to enable a fast, cheap, and intuitive trading experience for users of the platform while keeping it fully decentralized, thanks to an infrastructure built on top of a number of smart contracts and blockchain oracles. Also, Solana’s technology renders it more than capable of carrying out its mass adoption mission.
The maximum supply of $SLG tokens is 1.000.000.000. 28.5% of the tokens will be offered to the Socialogue's community during private and public sales. The token is an essential part of Socialogue's vision to be an actual Web 3.0 project.
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