Bitsliced
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  • ⚡Bitsliced Docs
  • 📝Whitepaper
    • Vision
    • Summary and company profile
    • SLICED token architecture
      • SLICED function
        • Utility of the token
          • Trade NFTs
          • Mint and join channels
          • Metaverse
          • 🎁SlicedPad
          • 🎁Promotions
          • 🎁Exclusive events
      • Security features of SLICED
        • Features of the token
          • Programmatic Security
          • Freezable (Pause)
          • Function to Blacklist Wallet Addresses
          • Burnable
          • Capped
          • Polygon - Layer 2 network characteristics
    • Tokenomics
      • Token allocation
      • Token sale and use of funds
      • Vesting schedule
    • Sliced app
      • Sliced NFTs
      • Features
        • Gamification of trades
        • High Profile Channels
        • Community
        • Swapping
        • Passive income NFTs
        • SBTs (Soulbound tokens)
        • Real Estate
        • Slices (Fractional Ownership)
          • Our solution for slicing NFTs
        • Smart cashback utility combined with crypto
        • Charity NFTs
      • Treasury incentive program
      • Ecosystem fees
      • How are we connecting Real Estate to the blockchain?
    • Core Team
    • Roadmap and development
      • Milestones
    • Revenue stream model
      • Revenue streams for Bitsliced
      • Revenue streams for Users
    • Legal Disclaimer
    • References
  • 🕵️Audits
    • SLICED Token
  • 💬Litepaper
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  2. SLICED token architecture

SLICED function

PreviousSLICED token architectureNextUtility of the token

Last updated 2 years ago

SLICED was designed to function within the Sliced app. Community members can mint, swap, buy, and sell items using SLICED as a utility and payment token. Furthermore, special activities inside the app generate fees paid with SLICED. The blockchain network fees are paid in MATIC because SLICED resides on top of the popular Polygon network.

The most important key driver of the SLICED value proposition is the tokenization of real world assets. Bitsliced is in the process of closing framework contracts with partners in diverse industries like real estate and automotive distribution networks.

Market participants that buy an NFT pay 2.5% and then receive an immediate cashback of 1%. The rewards for holders will be 0.6%, after that we have a 0.5% allocation for Badge perks, and the remaining 0.4% will go to Bitsliced LLC (GmbH) for further ecosystem development. (See )

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