KEY TAKEAWAYS
- EARN’M by Mode Mobile introduces a rewards platform integrating Web2 and Web3 ecosystems, offering tangible rewards for smartphone screen time.
- The platform features the EarnPhone and EARN’M SmartWallet, enabling users to earn rewards through everyday activities like browsing and gaming.
- EARN’M employs innovative reward mechanisms, including the Fractal-Box protocol and Mystery Boxes, to maintain user engagement and protect token value.
- The $EARNM token supports the ecosystem with multiple utility mechanisms, driving both B2C and B2B revenue streams.
EARN’M, a new initiative by Mode Mobile, is set to revolutionize how users interact with their smartphones by offering tangible rewards for screen time. Announced here, EARN’M combines MobileFI and DePIN (Decentralized Physical Infrastructure Network) technologies to create a rewards platform that integrates Web2 and Web3 ecosystems.
The platform introduces the EarnPhone, a smartphone powered by EarnOS and the EARN’M SmartWallet, available at major retailers like Walmart and Best Buy. This device rewards users for everyday activities such as browsing and gaming, contributing to a network that has generated over $65 million in Web2 revenue since 2018.
How EARN’M Works
EarnOS is the technology that transforms smartphones into EarnPhones, enabling large apps, carriers, and device manufacturers to reward users for their online activity. It integrates Web2 rewards like PayPal credit and gift cards with Web3 rewards, including Fractal assets such as Mystery Boxes and DropBoxes.
The EARN’M SmartWallet acts as an oracle between Web2 and Web3, allowing users to perform on-chain transactions using revenue derived from their attention as currency. This integration ensures that Web3 assets become part of users’ daily online activities.
Innovative Reward Mechanisms
EARN’M employs a Fractal-Box protocol to ensure sustainable rewards distribution through deflationary tokenomics. This mechanism protects the value of the $EARNM token while maintaining user engagement through gradual vesting.
Mystery Boxes, a key feature of EARN’M, contain $EARNM tokens with built-in vesting mechanisms. These digital containers are designed to make earning exciting and can be customized based on community needs with flexible asset types and distribution methods.
Projects can integrate EarnOS and the EARN’M SmartWallet using no-code, plug-and-play tools. With an $EARNM Grant, they can reward Fractal assets to boost user engagement. OEMs and mobile operators can stake $EARNM to license EarnOS and the SmartWallet, transforming their smartphones into EarnPhones and earning revenue from distribution.
The $EARNM token, a native deflationary token, drives the ecosystem through multiple utility mechanisms, supporting both B2C and B2B revenue streams. Users earn Fractal assets by performing online activities, and when they interact with these assets on-chain, gas fees generate revenue, ensuring value flows back into the ecosystem.
The public round of the EARN’M IDO is scheduled for December 10 and 11, 2024, with a listing date on December 12, 2024. The initial market capitalization, excluding liquidity, is set at $1,113,000, with a total supply of 5 billion tokens.
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