7. Token Utility ($SYNKO)
7.1 Role of the Token
The $SYNKO token is the backbone of the Syncora data economy. It isn’t an “add-on” — it’s how contributors, buyers, and the platform stay aligned.
For Contributors: $SYNKO is how royalties and rewards are paid. Every dataset licensed generates $SYNKO flows back to the contributor.
For Buyers: Licensing synthetic datasets requires $SYNKO. If buyers pay in fiat, the system auto-converts to $SYNKO, ensuring consistent demand.
For the Platform: $SYNKO enforces provenance, anti-spam (staking/slashing), and captures value in the system.
7.2 Payment Architecture
Self-Serve SaaS Engine
Payments can be made in fiat or $SYNKO.
If fiat → system automatically buys back $SYNKO and routes rewards through it.
On-Chain Data Hub
100% of payments occur in $SYNKO.
Buyers acquire $SYNKO on secondary markets to participate.
Royalties
Contributors earn 80% of dataset licensing revenue in $SYNKO.
Syncora retains 20% as platform fee.
This ensures continuous token demand tied to real dataset licensing, not speculation.
7.3 The Flywheel (Value Loop)
Contributors upload data.
Buyers license synthetic datasets.
Payments flow in $SYNKO (or fiat auto-converted).
Contributors earn 80% royalties.
More contributors join to earn.
Data supply grows → more buyers come.
Demand for $SYNKO rises.
7.4 Rewards and Vesting
To avoid contributors instantly dumping tokens, we use auto-vesting rewards:
20% unlocked immediately at payout.
80% vested linearly over 5 months.
This keeps contributors engaged, stabilizes token supply, and ensures data quality over time.
7.5 Anti-Spam / Quality Enforcement
Staking for Listing: Contributors must stake a small amount of $SYNKO to list datasets.
Slashing: If a dataset is found to be AI-generated, copyrighted, or fails quality checks, the stake is slashed.
Result: Spam resistance, higher quality submissions, and real skin-in-the-game.
7.6 Value Accrual
$SYNKO captures value in three ways:
Direct Licensing Demand: Buyers must acquire $SYNKO (or fiat converts).
Contributor Rewards: Continuous payouts create distribution + loyalty.
Speculative Layer: As dataset volume grows, so does token demand, creating a rising floor for value.
7.7 Why Token Instead of Pure Fiat
Provenance: Smart contracts need a native unit of account to tie licensing to rewards.
Network Effects: Royalties + staking create flywheel incentives fiat cannot provide.
Liquidity & Portability: Contributors worldwide can receive compensation instantly, without intermediaries.
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