Professional Documents
Culture Documents
Litepaper
WHAT IS STAGCOIN?
WHAT IS TAGCOIN?
WHAT IS HTAGS?
STAG is the token that gives you the staking power to mine for the Tag
Protocol native coin TAGS. You purchase the asset STAG in exchange
for participation in the hashtag mining pool for TAGS.
This gives the STAG holder TAGS as a reward while staking STAG. The
staking mechanism encourages the token holder against token trading,
which in turn is expected to drive up the STAG and TAG token valuation.
STAKES
REWARDS MECHANISM
TOKENOMICS
Sticker: STAG
Supply: 10,000,000,000
10% Staking At All Time: 1,000,000,000 (Locked for Life) all Tagcoin
accumulated will be used to acquire more hashtags after 10,000
purchased.
1% Liquidity: 100,000,000
There are over 4 billion social media users around the world at the start of
2021. This is more than 55% of the total global population.
You register & own unique social media hashtags just like you register &
own domain names & use your hashtag to earn Tag-coin.
Tag-coin (TAGS)
Is the native protocol coin. You earn Tag-coin by participating in the daily
Hashtag Staking Pool. The staking pool pays you (TAGS) every hour,
every day of the year for as long as you own your hashtag.
Hashtag (HTAG)
Is the native protocol NFT Token issued to users upon registration of the
hashtag. Each hashtag is minted and contains a unique value provided by
the user and cannot be claimed by another user.
(TAGS) can be exchanged for other crypto currencies such as BNB, USDT
at market rate on the Exchange.
Hashtag Registry
accepts a users request to register a new hashtag NFT token and delivers
a newly minted hashtag NFT Token to the users wallet.
Hashtag Auction
Users list and receive bids on their hashtag tokens. Users can also send
bids on other users listed hashtags
Hashtag Staking
Users stake their hashtag NFT Tokens to mine or collect Tag-coin based
on the Twitter performance provided by Hashtag Performance Oracles.
Performance Oracles
Oracles collects twitter performance data of all staked hashtags and ranks
them based on their performance and then broadcasts this data to the
hashtag staking contract for the distribution of the Tagcoin to all the stake
hashtags.
Tag Exchange
Users exchange their Tag-coin with other cryptocurrencies and can also
earn additional income by depositing various cryptocurrencies into liquidity
pools.