🔄Utility of $NOTE Token

DeFi 2.0 (Utility) Meets Utility and Productivity in a new way, SOLNOTE coining it UtiliFi, we are still working on our ideas, below gives a brief outlook / understanding.

Why the productivity / utility application landscape is going to change into the new age by recycling network fees via native token / coin / stake.

Here at SOLNOTE we understand over the course of the great migration from Web2 to Web3 things are primarily driven by culture, community & user growth. We do understand businesses need to turn a profit, however this goes beyond those profits, understanding where new growth will sprout.

To put it in simpler words, future users, will be where growth and shared token benefits will be driven from. We are here to pioneer a new course, based around how people interact with productivity applications, such as SOLNOTE vs. Apple Notes.

The question we should be asking is, "how can you drive users away from data reaping, traditional centralized entities, like: Google, Microsoft, Meta, Apple and many others? These companies just so happen to consume most of the populations screen time. It will not be an easy task against duopolies.

We believe you need to make the user feel at home, let them participate in the bigger picture, meanwhile giving native operating token, that you all can collectively use together.

Newer Web3 companies behind these applications will be offering tokens for using the product and ecosystem. You will not find this angle from any other Web2 company across the board. The traditional method to gain user traction, has been typically centered around user improvements / user experience (UI/UX). This can only take businesses to a point where eventually they all look and function the same. These methods will fizzle out and more thought put in, to rally communities.

To be honest, this is already happening in DeFi 2.0, however, it has barely made an entrance in the Productivity based tokens, that are under developed.

Utility Tokens will take over traditional application methods, simply because the user can be rewarded for their time and life energy spent on these applications (rewarded in tokens based on usage and collaboration) using these newer Web3 products vs. the older Web2 predecessor is can reshape the productivity realm.

These newer applications have a name "Dapps" they are Decentralized, therefore, protecting users privacy and data (which is currently and issue).

A digital wallet is used to create an account, with a simple one-click sign in. The user has sole custody to this wallet with no exterior control and will be the same wallet used to collect any Web3 token reward sharing, airdrops, NFTs and more.

All in all, businesses are having to become very creative on how they on-board users, as well as respect and retain them.

Here are some ways SOLNOTE will redefine the note taking / productivity field:

• Encrypting for Rewards (EFR) - incentivizes notes encrypting (Leave behind centralized servers).

• Collaborating for Rewards (CFR) - incentivizes note sharing and user collaboration.

• Onboarding for Rewards (OFR) (Users bringing other users) - users to help grow the ecosystem by bringing in family or friends.

• Frequent NOTERS (FN) - How much $NOTE is used from Productivity Rewards (All rewards could be increased based on usage)

SOLNOTE, wants to bring a Web3 tailored experience to simple everyday data and information sharing between companies within the ecosystem.

For example: Company and user information in text form will now be able to be stored in an unmatched encrypted method, meanwhile only allowing that single wallet to decrypt and view that information.

This is strategically done to keep out bad actors trying to get personal or company sensitive information, which can also be shared (this will require sending custody from you to the recipient). Meanwhile keeping all of the information private and sole custody to the owner.

Our mission and goal is to have an ecosystem of NOTE users interacting / collaborating with one another