Tokenomics
Last updated
Last updated
$SGT serves as the core asset of the Starglow ecosystem, facilitating diverse interactions between artists and fans within the platform.
Earn $SGT by completing activities that contribute to an artist's success.
Users receive $SGT rewards for completing specific tasks assigned by the artist or the platform. Examples include:
Streaming new releases
Sharing content on social media
Participating in events
Promoting the artist within fan communities
Take part in fandom decision-making and earn tokens.
Fans are rewarded with $SGT for participating in community votes that reflect collective decisions regarding an artist’s direction or activities.
Receive bonus tokens when purchasing NFTs.
When users purchase specific NFTs, they are rewarded with additional $SGT, encouraging greater participation in the ecosystem.
Lock your $SGT and earn rewards along with exclusive benefits.
Users can stake their $SGT for a set period to receive additional token rewards. Stakers may also gain access to special perks such as:
Early access to exclusive NFT drops
Enhanced voting power
Premium fan privileges
Purchase artist NFTs using $SGT.
Some NFTs are available exclusively for $SGT. Users may receive special discounts or access to limited editions when purchasing with $SGT, increasing token demand.
Support fan-led activities with $SGT incentives.
Artists or partner organizations can use $SGT to incentivize specific fan-driven campaigns (e.g., challenges, viral promotions). A portion of the tokens used for these activities may be burned, reducing overall token supply.
Use $SGT to participate in key decision-making votes.
Certain major artist-related decisions require $SGT to vote. A portion of the tokens used for voting will be burned to preserve scarcity and long-term value.
