Consumers want deeper relationships with the brands they love. Network tokens can serve as a reward mechanism to increase engagement within any community.
When new partners join the Praise ecosystem, network effects strengthen the foundational $PRAISE token, benefiting everyone.
Let's build Currency with a Conscience™ together. The world is ready.
$PRAISE is an inflationary ERC20 token designed for whitelabeling and customization. The token is emitted to holders every 24 hours based on their unique network activity and the NFTs they hold. We call this, "Proof of Engagement" (POE).
Trigger weighted rewards for literally any action that can be tracked and stored in a database.
Automatically distribute tokens based on individual user actions, at scale.
$PRAISE will be listed on popular crypto exchanges and can be white-labeled for your brand. Market-making and immediate liquidity is baked into the system for you.
Across thousands of Web3 applications, consumers can earn network tokens for various actions, like supporting an artist, attending an event, playing a game, or verifying a purchase.
Regardless of the application, network tokens always serve the same purpose: Incentivization.
Properly engineering a token ecosystem can take months, or years. There are many considerations, including token utility, functionality, emissions modeling, market conditions, global regulatory approach, exchange listing strategy, market-making, and more.
When the token launches, the public will scrutinize it, which can affect the price.
As the world migrates from Web2 to Web3, tokenizing your community is critical, but attracting attention is increasingly difficult in an expanding crypto market.
For a token to succeed, it must reach critical mass. Marketing is vital but costly. Without consistent trading volume, the token can become illiquid—rendering it worthless.
Since 2016, we've helped 50+ founders and blockchain companies go to market, and those companies have raised over $500 million. We act as part of your team, not hired guns billing for hours.
Now, we are launching a flexible token infrastructure for any community. Your network token should feel bespoke and uniquely designed, without the hassle of reinventing the wheel.
—Tim James, Co-Founder of Rock Mafia
—Scott K., StartEngine Investor
—Steve Orasco, Founder of Smash Global
—David Cash, Founder of Cash Labs
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Praise Token, Inc.® 2023