$SMT

$SMT token is a ERC20 token minted on the Polygon Blockchain. It is the store of value of the Sybel ecosystem.

$SMT tokens have a fixed supply of 3,000,000,000.00000 units.

$SMT shall be listed on both decentralized and centralized exchange on the future and shall be publicly tradable.

Creators and Users will always own a majority of tokens and be able to make decisions through the DAO (see below)

$SMT Earning

$SMT earning will vary over time based on the usage and actions taken by the community.

There are 3 ways to earn $SMT:

• for each interaction with any content (earnings for the user and the creator).

• for a User, by owning fraction(s) of NFT(s) (in this case, Users earn $SMT only when they interact with the content related with the NFTs they own)

Burning Mechanics

• Owners can burn $SMT to go up a level

• Creators can burn some of their tokens in exchange for services (content hosting/storage, promotion...)

• If Owners do not interact with the ecosystem and/or tokens during a long period of time, SMT token owner will have to pay an inactivity fee. Subscribers are not subject to SMT token burning.

$SMT Initial Drop

Description	Percentage	Number of tokens
Advisors	7%	210,000,000
Private Presale	10%	300,000,000
Public Sale	8%	240,000,000
Ecosystem Rewards	50.1%	1,500,000,001
Teams	10%	299,999,999
Technology & Devs	10%	300,000,000
Exchange liquidity	5%	150,000,000

$SMT Lock up period for Investors

Package		Supply	Issuance	Price
Tier 1	$\frac{1}{3}\ at\ 12\ months\\ \frac{1}{3}\ at\ 18\ months\\ \frac{1}{3}\ at\ 24\ months$​	2%	60,000,000	$0.05
Tier 2	$\frac{1}{3}\ at\ 6\ months\\ \frac{1}{3}\ at\ 8\ months\\ \frac{1}{3}\ at\ \ months$​	3%	90,000,000	$0.10
Tier 3	$\frac{1}{2}\ at\ 6\ months\\ \frac{1}{2}\ at\ 12\ months\\$​	5%	150,000,000	$0.15