OA Token Utility
The token has two primary areas of utility: internal and external, and is designed to evolve based on community feedback and market trends. OA enhances motivation by providing access to bonuses, earnings, and status within the platform, without emphasizing hype and focusing instead on delivering real value.
Internal Utility
Internal Use Cases
User Benefits
Payment for Courses and Subscriptions
Courses and subscriptions can be purchased with fiat or stablecoins, but using the OA token provides a discount. Subscription upgrades are available exclusively in a gamified format through OA.
Course Promotion
Course creators receive discounts and bonuses when paying for promotion in OA, including: - Course promotion (push, pin, highlight)
- Advanced customization
- Pro / Academic / Professor status levels
- Reduced platform fees
$veOA Staking Model
Based on the amount of tokens and their lock-up period, users receive specific subscription levels which grant significant benefits:
- Access to the DAO - Participation in the OA revenue distribution mechanism - Access to master workshops and private courses - Reduced fees for creators - Visual status and rewards in the form of NFTs - Subscription discounts - Increased referral rewards - Participation in governance related to creators and platform functionality - Bonuses from Open Academy and partners - Through the detailed $veOA model, Open Academy effectively manages sell pressure, ensuring a positive user experience.
External Utility
External Use Cases
Community Benefits
Buyback Mechanism
A portion of platform and in-app trading fees will be allocated to token buybacks on a weekly basis, while a portion of revenue from other products and revenue streams will be used for monthly buybacks, following models such as Hyperliquid and Ether.fi.
Grants for the Community and Ecosystem
The most active Open Academy participants and creators are eligible to receive grants. Those who contribute to the project’s growth are recognized and rewarded.
Revenue Sharing Mechanism
A deep referral program with revenue sharing from course sales. Any user can act as a sales manager or simply recommend a course to friends to earn rewards.
Community Incentives and Airdrops
As Open Academy is community-oriented, 51% of the total token supply is allocated to community and ecosystem development. The most active Open Academy users are rewarded with OA tokens, both as recognition of their activity and as part of marketing initiatives.
Last updated