Pushing decentralizationeven further

The core of the reactor of Sybel Web3 version is based on two pillars:

  • A utility and governance token ($SMT) that allows Creators and Users to vote for some decisions and can be traded with other cryptocurrencies and that allows to be rewarded respectively for their work and commitment.

  • The possibility for Creators to mint NFTs (ERC 1155) from their work and financialize them. Creators will also be able to fractionalize the NFT into shares that Users can then buy in exchange for future revenues and rights. As a result, each User can own a share of the Creator’s Work which confers to them both economic and democratic rights (see below).

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