NCOP White Paper V1.1
  • NCOP NFT Platform Whitepaper V1.1
    • NCOP NFT Platform Whitepaper V1.1 [ENG]
      • 1. What is NCOP?
        • 1-1. What Makes NCOP?
        • 1-2. NCOP’s Vision – Taking NCOP Beyond Digital Art
          • 1-2-1. Inclusion (timeline: 0–3 Months)
          • 1-2-2. Accessibility (timeline: 0–2 Months)
          • 1-2-3. Disruptive Permeation (timeline 0–8 months)
          • 1-2-4. Cultural Preservation (timeline: 0–12 Months)
        • 1-3. Key Market Status
        • 1-4. Problems and solutions
        • 1-5. Target Market Analysis
        • 1-6. Business Model
        • 1-7. The Key to Success
      • 2. Go-To-Market Strategy
        • 2-1. Discovering NFTs through Contests
        • 2-2. Web 3.0 Optimized tokenomics
      • 3. Technique resources
        • 3-1. NFT Platform
        • 3-2. NFTs
        • 3-3. DAO
      • 4. NCOP Tokenomics
        • 4-1. Token System
        • 4-2. Token incentives for network effects
        • 4-3. Weak Tie for Network Effects
        • 4-4. Distribution of tokens
      • 5. Roadmap
        • 5-1. Art NFT (~12.2022)
        • 5-2. DAO & NFT+ (~12.2023)
        • 5-3. Metaverse (12.2024)
      • 6. Disclaimer
        • 6-1. Legal Disclaimer
        • 6-2. Cautions Regarding Forward-Looking Statements
        • 6-3. Additional Information and Advice
    • NCOP NFT Platform Whitepaper V1.1 [KOR]
      • 1. NCOP 이란?
        • 1-1. NCOP을 만드는 것
        • 1-2. NCOP의 비전 – 디지털 아트를 넘어
          • 1-2-1. 포함 (타임라인: 0–3 개월)
          • 1-2-2. 접근성 (타임라인: 0–2 개월)
          • 1-2-3. Disruptive Permeation (타임라인 0–8 개월)
          • 1-2-4. 문화 보존 (타임라인: 0–12 Months)
        • 1-3. 주요 시장 현황
        • 1-4. 문제점 및 솔루션
        • 1-5. 타겟 시장 분석
        • 1-6. 비지니스 모델
        • 1-7. 성공을 위한 핵심요소
      • 2. Go-To-Market 전략
        • 2-1. NFT 콘테스트를 통한 NFT 발굴
        • 2-2. 웹 3.0 최적화 토크노믹스
      • 3. 기술 자원
        • 3-1. NFT 플랫폼
        • 3-2. NFTs
        • 3-3. DAO
      • 4. NCOP 토큰노믹스
        • 4-1. 토큰 시스템
        • 4-2. 네트워크 효과를 위한 토큰 인센티브
        • 4-3. 네트워크 효과를 위한 약한 연결 (Weak Tie)
        • 4-4. 토큰 분배
      • 5. 로드맵
        • 5-1. Art NFT (~12.2022)
        • 5-2. DAO & NFT+ (~12.2023)
        • 5-3. Metaverse (12.2024)
      • 6. 면책조항
        • 6-1. 법적 고지사항
        • 6-2. 미래 예측 진술에 대한 주의사항
        • 6-3. 추가정보 제공 및 어드바이스 (Advice)
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  1. NCOP NFT Platform Whitepaper V1.1
  2. NCOP NFT Platform Whitepaper V1.1 [ENG]
  3. 4. NCOP Tokenomics

4-1. Token System

Previous4. NCOP TokenomicsNext4-2. Token incentives for network effects

Last updated 2 years ago

NCOP's token system configuration is based on the mainnet.

The NCOP token, which is the primary token, was structured from the beginning to distribute the ski NFT and Art NFT together to create a mega-service.

NCOP is distributed throughout the entire ecosystem and acts as the platform’s underlying digital asset.

When designing Tokenomics, circulating more tokens than necessary is undesirable because it can cause confusion with investors and users. NCOP was designed to solve NCOP ecosystem utility problems.

| DAO Governance Coin

The NCOP token has the functionality of a DAO's governance token within the NCOP ecosystem. Governance function refers to the functionality used to propose an agenda within the DAO or exercise the right to vote.

However, NCOP does not prevent using a separate token within the ecosystem as a governance token. Given its expansion through strengthening the interconnectedness of the ecosystem, this method is not recommended.

| Incentives for NCOP Ecosystem Activities (community)

In principle, NCOP token rewards incentivize user activity within the NCOP ecosystem.

Paying incentives for various activities within the ecosystem increases the utility and activity of the NCOP token, and helps maintain their value.

In addition, unifying incentives for various activities through inter-community engagement within the ecosystem creates a network effect.

| NFT Payment and Utility Features

Within the NCOP ecosystem, NCOP tokens are not only used as a payment method for NFT purchases, but they also support the exchange of various NFT utilities for NCOP tokens.

This support increases NCOP token utilization by giving users more freedom, which, in effect, preserves the value of both tokens at the same time.