Tokenomics
- Token Name: DIJAY Token ($DIJAY)
- Total Supply: 1 billion tokens
- Allocation:
- 30% for user rewards
- 25% for development and marketing
- 20% for research partnerships and ecosystem building
- 15% for company reserves
- 10% for advisors and early investors
Consensus Mechanism:
- Proof of Stake (PoS) to reduce environmental impact and ensure efficiency.
Privacy and Security:
- Encryption: Data is encrypted using industry-standard protocols, ensuring that only the user or authorized parties have access to sensitive information.
- Data Ownership: Users retain full ownership of their data, with the option to monetize or keep it private.
User Journey
Purchase and Registration:
- Users purchase the DIJAY e-cigarette and download the companion app.
- They create a profile and connect their device to the blockchain network.
Daily Monitoring:
- The device tracks smoking patterns, such as puff count, nicotine consumption, and time intervals between usage.
- Data is automatically uploaded to the blockchain, where users can monitor their progress through the app.
Reward System:
- Users are rewarded with DIJAY Tokens for meeting milestones like reducing the number of daily cigarettes or achieving a nicotine-free status.
- The system offers additional rewards for participating in community challenges or supporting other users’ journeys.
Token Utilization:
- Earned DIJAY Tokens can be redeemed within the DIJAY ecosystem for discounts, premium features, or shared with third-party partners for health services, smoking cessation programs, or other benefits.
- Users can also trade their tokens on cryptocurrency exchanges or hold them as an investment.
Data Sharing and Monetization:
- Users have the option to share anonymized data with research institutions for health studies, in exchange for additional token rewards.
Ecosystem and Partnerships
The DIJAY platform will foster collaboration with key industry players in the following sectors:
- Health & Wellness: Partnering with medical researchers and organizations to provide users with scientifically-backed feedback and insights.
- Blockchain Technology: Collaborating with leading blockchain developers to ensure the platform’s security and scalability.
- Retail: Building partnerships with retailers and online platforms where DIJAY Tokens can be redeemed for products, services, or experiences.
- Insurance Companies: Working with insurance firms to incentivize smokers to reduce smoking habits by offering reduced premiums or financial incentives for health improvement.