7.1. AAX Token Distribution
l Full name of the token: AAX Token
l Token abbreviation: AAX
l Circulation: 5,000,000,000 (5 Billion)
AAX Token Application Scenarios
By integrating NFT and AAX Token into every aspect of the Academic Labs platform, the educational ecosystem will become more dynamic, engaging, and rewarding to its users.
l AAX Token usage scenarios
l Incentivized Learning: Users can earn AAX Tokens by participating in educational content, such as watching videos, completing quizzes, or collaborating with peers.
l Attending education centers: Users can use AAX Tokens to get discounts when attending the education centers that are associated with Academic Labs
l Referral rewards: Users can get AAX Tokens rewards by inviting friends or classmates to join the Academic Labs platform to promote community development.
l NFT Acquisition and Upgrade: Users can spend AAX Tokens to purchase or upgrade their NFT, giving them more rewards and access to exclusive features.
l Tutoring and Premium Content: AAX Tokens can access premium features, take tutoring sessions, or unlock additional content on the platform.
l Participate in competitions: Students can earn AAX Tokens by participating in competitions or challenges organized by the platform, such as essay writing competitions, coding challenges, or creative projects.
l Educator rewards: Educators earn AAX Tokens by uploading high-quality educational resources, and they can use these AAX Tokens to access advanced features or services, upgrade their teacher NFTs, or exchange them for legal tender.
l Staking: Users and teachers can choose to stake their AAX Tokens on the platform for additional rewards or benefits, promoting long-term commitment to the platform and stabilizing token value.
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