Data Monetization and Value Accrual
Last updated
Last updated
Silencioʼs data will be commercialized using $SLC tokens. Subsequently, 75% of all protocol revenues will flow back to the ecosystem through and the . The Silencio Company will capture 25% of these revenues; initially, the focus will be on supporting data commercialization and covering development or R&D costs. Silencio will work with various channel partners to achieve its data monetization goals.
There are two scenarios for data sales within the Silencio network. The first is a direct sale conducted through Silencio's website, platform or by one of its team members. The second scenario involves a sale resulting from a community member's successful introduction to a data client. By "successful," we mean that the introduction led to the execution of a data sale within 3 months of the introduction. In this second case, the community member facilitating the introduction is entitled to 25% of the proceeds from that client’s data sales during the first year. No further commission is applied from the second year onward. Please get in touch with our team for more information on this.
This generous incentive is designed to encourage thousands of Silencians to actively and positively contribute to shaping the future of the Silencio network.
The Silencio team reserves the right to adjust specific allocations within the token buyback program to serve the network’s best interests.