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            <title><![CDATA[Script Network]]></title>
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            <pubDate>Thu, 26 Jan 2023 14:45:23 GMT</pubDate>
            <description><![CDATA[Script Tokenomics OverviewScriptTV uses a dual token system. The primary token, $SCPT, is used to power and govern the overall network, while $SPAY is responsible for transactions, gas fees, smart contract interactions, and rewards. $SCPT is an ERC-20 token hosted on the Ethereum blockchain. Our community can stake $SCPT in exchange for multiple crypto rewards and NFTs, use it to manage the Script Network through our upcoming decentralized autonomous organization (DAO), or earn $SCPT by runni...]]></description>
            <content:encoded><![CDATA[<h2 id="h-script-tokenomics-overview" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Script Tokenomics Overview</h2><p>ScriptTV uses a dual token system. The primary token, $SCPT, is used to power and govern the overall network, while $SPAY is responsible for transactions, gas fees, smart contract interactions, and rewards.</p><p>$SCPT is an ERC-20 token hosted on the Ethereum blockchain. Our community can stake $SCPT in exchange for multiple crypto rewards and NFTs, use it to manage the Script Network through our upcoming decentralized autonomous organization (DAO), or earn $SCPT by running a node and supporting the network.</p><p><strong>SCPT:</strong> It is a dual-use token. It is used for governance and staking. There will be a maximum supply of 1,000,000,000 (1 billion) SCPT tokens.</p><p><strong>SPAY:</strong> The SPAY token is used for compensations, rewards, and blockchain payments. Initially, there will be a supply 5,000,000,000 (5 billion) tokens. However, unlike SCPT, their supply is not strictly capped. New SPAY tokens will be minted and released into the market every year. The number of tokens that will be minted and released will depend on a protocol algorithm.</p><p><strong>Detailed Tokenomics</strong></p><p><strong>Ticker:</strong> SCPT</p><p><strong>Blockchain:</strong> Script blockchain Token Supply: 1,000,000,000</p><p><strong>Soft Cap ~50%:</strong> $ 625 000</p><p><strong>Hard Cap:</strong> $ 1 250 000</p><p><strong>Market Cap at Launch:</strong> $291,008</p><p><strong>Circulating Supply on Launch:</strong> 29 100 833</p><p><strong>Percentage of Total Supply:</strong> 2,91%</p><p><strong>Fully Diluted Valuation:</strong> $ 10 000 000</p>]]></content:encoded>
            <author>helloapp@newsletter.paragraph.com (helloapp)</author>
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