Roam Tokenomics

4.2 Category and Quantity

Introduction of Roam token ($ROAM) and Roam Points (Roam Points)

$ROAM is a typical utility token designed to accrue network value. Its circulation represents the beneficiary change of the network. The $ROAM token has a hard cap at 1 billion units. Among these 1 billion tokens:

400 million units will be generated at the Token Generation Event. The remaining 600 million will be identified as growth tokens, and will be produced by the mining or staking processes. Among the 400 million tokens generated at the TGE, 280 million will be reserved for sales, and 120 million will be reserved for the team. The release of these tokens will be managed by different vesting programs under the supervision of the community.

The Roam Points are interim tokens without a hard cap. They serve three purposes:

  • To decouple daily operations from value accruement. In the real world, using either currency or points for user rewards is totally irrelevant to the company shares; and in other early-stage DePIN projects, using the same token as both a reward and for value accruement is fairly common. This move by DePINs, however, will create a situation in which the token is owned by a product / service user instead of the investor who believes the value of the project. This will cause unnecessary volatility in token value and could be toxic to the ecosystem in some unfavorable market conditions.

  • To provide an interim step to generating $ROAM. Different kinds of network participants will receive Roam Points as the rewards for their contributions. They can stake these points for $ROAM.

  • To provide a mechanism for receiving cash inflow into the ecosystem without selling $ROAM.

Like many rewards programs do to facilitate the transfer of value inside the ecosystem without the impact of volatility, Roam Points are designed to be pinned to a regular currency, for example, the US dollar.