Tokenomics

Our tokenomics services will concentrate on comprehending the supply and demand characteristics of the Healthgrity token (HGT), ensuring its legal standing as a utility token, and designing the token's smart contract functionalities. We will also establish platform tokenomics for software and human service levels while taking into account user workflows, network usage, and economic growth drivers. Our tokenomics services encompass the following aspects:

- Token Definition and Properties: HGT represents the native utility token in the Healthgrity ecosystem, where HGT = f(S, D), with S being the total supply and D the total demand for the token.

- Role of Token in its Ecosystem: HGT serves as the primary medium of exchange for accessing healthcare services and resources within the platform, incentivizing user participation, and promoting network growth.

- Token Smart Contract Functionalities Design: HGT will comply with the ERC-20 standard, incorporating essential functionalities such as transfer, approve, and allowance, ensuring seamless integration with decentralized finance (DeFi) applications.

- Platform Tokenomics (at platform software level): HGT will facilitate transactions between users, healthcare providers, and developers, fostering a self-sustaining economy. The platform will also allocate a percentage of tokens to fund ongoing development and maintenance.

- Intermediaries Tokenomics (at human service level): Human service providers on the platform will earn HGT in exchange for their expertise, promoting adoption and incentivizing quality service delivery.

- Token User Workflows: Users interacting with the platform will follow a workflow involving HGT acquisition, spending, and earning to access services and resources.

- Determining User Base: The user base for HGT will comprise healthcare providers, patients, and developers, with a growth function G(t) = aU(t) + bP(t) + cD(t), where U(t), P(t), and D(t) represent the number of users, patients, and developers over time t.

- Dependence of User Base on Blockchain Productivity: The growth of the user base will directly correlate with the efficiency and scalability of the underlying blockchain infrastructure.

- Network Usage: The Healthgrity ecosystem will experience network effects, with the HGT value increasing as more users join the platform: V(HGT) = N^α, where N is the number of users and α represents a constant factor.

- Token Economic Mechanism: The token's economic mechanism will involve a balance between token supply (minting and rewards) and token demand (staking, burning, and fees), ensuring long-term sustainability.

- Network Effect Externalities: Positive network externalities will arise from increased user adoption, leading to higher platform utility and HGT value.

- Token Scale and Growth: The HGT supply will grow with the platform's adoption, ensuring adequate liquidity and accessibility for users.

- Burn Mechanism/Rationale Overview: A portion of HGT tokens collected as fees will be burned, reducing the overall supply and increasing the token's scarcity and value.

- Token Pricing Formula and Price Dynamics: The HGT price will be determined by market forces, with P(HGT) = K * (S/D)^γ, where K is a constant and γ represents a scaling factor.

- Economic Growth Drivers: The primary drivers for HGT value will include user adoption, platform development, and partnerships with healthcare providers and institutions.

- Token Sale Supply/Demand Mechanism & Timeline Overview: The token sale will involve a pre-sale, Initial Dex Offering (IDO), and liquidity pool supply plan, ensuring a fair and transparent distribution of HGT.

- Wrapping Token on Other Blockchains (Ethereum, Binance Smart Chain) – Technical, practical implementation costs (outsourced), planning & summary: Healthgrity will explore wrapping HGT on other blockchains, such as Polygon and Binance Smart Chain, to enhance accessibility, reduce fees, and increase liquidity, factoring in the associated costs and technical requirements.