Physicoll Token
Physicoll ($COLL) is an ERC-20 token that enables decentralized control of the Physicoll Marketplace and ecosystem. $COLL is hard-capped at 1M tokens, and can be used to:
Claim fees paid by PNFT traders and curators, and marketplace category creators.
Vote on and change the Physicoll Marketplace transaction fee and royalty.
Create and vote on proposals at the Physicoll Community Fund.
Power to the people
COLL gives it’s holders earnings from, and control over, the Physicoll Marketplace.
Token Distribution
One Token. Three Functions.
Revenue Sharing.
ALL fees paid by PNFT traders and curators, and marketplace category creators, are paid out the the community of $COLL holders. Holders can cash out their tokens for a proportional share of the current fee pool, or hold as the fee pool grows. Future marketplaces services that charge fees will also feed the $COLL fee pool.
Marketplace Control.
Not happy with the fees being collected by the Marketplace? Vote to increase them. Or maybe, vote to decrease them to help improve marketplace liquidity, it’s all up to you.
Self Governance.
COLL holders can create and vote on grant proposals in the Physicoll Community Fund. The community fund is allocated 34% of the total token $COLL supply (340K COLL), meaning $COLL holders get to help dictate the distribution of the token supply.