Token Economy

Kita Foundation is a blockchain-based Web 3.0 social network community platform. Kita serves as an innovative collaboration platform for content creators, consumers, influencers, and cryptocurrency projects, incorporating a Social-Fi model for content monetization and user engagement, making it a leading community in this regard.

Project teams and content requesters can collaborate with creators to produce new content within the Kita ecosystem. Content consumers support creators, engage with them, and directly interact. As a result, requesters and creators can collaborate on content creation and monetization. A portion of the revenue generated in the content creation and consumption process is accumulated in the Treasury, which is then used to enhance the Kita ecosystem. Ecosystem participants become holders through content consumption, and token holders can stake their tokens and participate in important governance votes.

The mechanism illustrated above has three main objectives.

• Community: Encourage content creation, consumption, and rewards.

• Staking: Incentivize token holders to participate in governance by holding tokens.

• Governance: Decentralize ownership and governance of Kita.

Kita aspires to transform into a decentralized platform where the community assumes complete ownership and operational control of the ecosystem. In pursuit of this goal, Kita is actively constructing and deploying governance mechanisms, adhering to decentralized policy-making principles, and unlocking boundless opportunities for its community. The shift toward decentralization will transpire progressively and organically as time unfolds.