Belong CheckIn - Token Value Creation Overview
Executive Summary
Belong CheckIn creates sustainable token value through a revenue-generating affiliate network for physical venues. The platform's economic model ensures continuous LONG demand through multiple mechanisms:
- Revenue-Based Buybacks: 50% of platform revenue automatically purchases and burns LONG tokens
- Multi-Utility Design: LONG serves as payment currency, staking asset, and reward token - creating diverse demand sources
- Self-Selection Economics: Token distribution mechanism ensures only long-term aligned participants receive LONG
- Proven Traction: 1,000+ existing communities and brands as Belong customers provide immediate conversion opportunity
- Deflationary Mechanics: 100% of buyback tokens permanently burned, reducing circulating supply
Market Opportunity
Target Market Size: $580-750 billion annually
The venue marketing opportunity spans multiple high-value segments:
- Restaurants: $150-200B (largest segment, 3-10% of $1.5T+ in sales)
- Hotels: $80-100B (highest spend rate at 5-8% of revenue)
- Events/Festivals: $150-200B (fastest growing, 14% of marketing budgets)
- Bars/Nightclubs: $2-3B (1-2% of ~$100B market)
- Other Entertainment: $100-150B (OTAs, venues, attractions)
The platform addresses this massive market opportunity with a model where venues pay only for verified customers, creating predictable revenue streams that directly benefit token holders through programmatic buybacks.
Why LONG Token Appreciates
Simple Math, Powerful Results:
- Every venue transaction generates platform fees
- 50% of platform revenue allocated to buybacks
- 100% of buyback tokens burned forever
- Supply decreases while utility increases
- Basic economics drives price appreciation
No Speculation Required:
- Token value backed by real revenue
- Automated buyback mechanism
- Transparent on-chain burns
- Growing utility creates holding incentives
- Network effects compound value
Key Investment Metrics
| Metric | Value | Impact |
|---|---|---|
| Total Supply | 750M LONG | Fixed, no inflation |
| Platform Commission | 20% total | 10% deposit + 10% payout |
| Buyback Allocation | 50% of revenue | Constant buy pressure |
| Burn Rate | 100% of buybacks | Permanent supply reduction |
| Year 1 Target | 5,000 venues | $18M revenue, 100M tokens burned |
| Existing Communities | 1,000+ | Immediate conversion opportunity |
| Market Size | $580-750B | Massive growth potential |
| Revenue Model | Transaction fees | Sustainable, predictable |
| Token Utilities | 4+ use cases | Multiple demand drivers |
Platform Innovation Overview
The Core Value Proposition: Venues Pay Only for Verified Customers
This is the fundamental innovation that transforms venue marketing. Unlike traditional advertising where venues pay upfront with uncertain results, CheckIn ensures venues only pay when a promoter successfully brings a customer who actually visits and makes a purchase. This creates perfect alignment between venue success and marketing spend.
Venue Control: Each venue sets their own two-part reward structure:
- Visit Bounty: Fixed reward for bringing a customer ($1-20)
- Spend Percentage: Variable reward based on customer spending (5-25%)
- Complete flexibility to optimize for their business model
Additional platform innovations include:
- Proven market traction with existing user base and venue relationships
- Technical excellence across multi-chain deployment and AI integration
- Economic sustainability through intelligent token design
- Mainstream accessibility via Web2.5 approach requiring no crypto knowledge
- Global scalability with 15+ language support and localized strategies
- Real-world activation through street teams and physical presence
1. Token Architecture Overview
LONG Token (ERC20) - The Platform Token
- Purpose: Belong.net's utility and governance token
- Supply: 750,000,000 total
- Functions:
- Promoter reward payments
- Payments at network venues
- Staking for tier benefits and platform status
- Revenue sharing participation
- Platform governance
- Fee discounts
- Access to exclusive venue perks
VenueTokens (ERC1155) - Deposit Tracking
- Purpose: On-chain representation of venue USDC deposits
- Nature: Non-tradeable accounting tokens
- Backing: 1:1 with USDC (minus fees)
- Pegging: USDC backing ensures venues can always pay promoters regardless of LONG price
- Lifecycle:
- Minted when venues deposit USDC
- Burned when venues pay promoters
- Each venue has unique tokenId
PromoterTokens (ERC1155) - Analytics
- Purpose: Track promoter performance
- Nature: Non-transferable badges
- Usage: Analytics and tier calculations
2. Economic Design: Protecting Token Value
The platform operates on a 20% total commission model that creates economic sustainability:
Core Commission Structure:
- Venue Deposit Fee: 10% when funding account (waived for first 2 deposits, reduced with staking)
- Promoter Payout Fee: 10% on USDC payouts (reduced to 1-5% for LONG payouts)
- Total Platform Commission: 20% maximum
Example: Venue deposits $500 → pays $555 total
- $500 deposit amount
- $50 deposit fee (10%) → goes to platform operations
- $5 convenience fee → converted to LONG for treasury
The Self-Selection Mechanism
Our dual-option payout system creates a self-selection mechanism:
- Option A: 90% payout in USDC (immediate liquidity)
- Option B: 95-99% payout in LONG (higher value, based on staking tier)
This design ensures:
- Immediate sellers choose USDC, creating zero sell pressure
- LONG recipients are economically incentivized to hold
- LONG choice triggers market buy orders, creating upward price pressure
- Platform generates revenue regardless of choice
- Token price stability through reduced dumps and increased buys
Economic Analysis
Example: Customer spends $100, venue offers $5 visit bounty + 15% of bill = $20 total reward
USDC Choice:
- Promoter receives: 90% = $18 USDC
- Platform keeps: 10% = $2
- LONG impact: None (no tokens distributed)
LONG Choice:
- Promoter receives: 95-99% = $19-19.80 in LONG
- Platform keeps: 1-5% = $0.20-1
- Treasury must purchase LONG from market to fulfill payment
Result: Promoters choosing LONG receive more total value, creating natural holding incentive. Every LONG payout triggers a market buy order, creating continuous upward price pressure.
3. Revenue Distribution & Token Burns
Platform Revenue Model
Every transaction generates platform fees that directly benefit token holders:
Revenue Streams:
- Venue deposit fees: 5-10% (based on staking, first 2 free)
- Promoter payout fees: 1-10% (based on USDC/LONG choice)
- NFT ticketing: 2% (current revenue source)
- Token gating: 2% (live and operational)
- Convenience fees: $5 per deposit (converted to LONG)
- SaaS subscriptions: $99-299/month
- LONG payment processing: 2.5%
Revenue Distribution:
- 50% of platform revenue → LONG buybacks → 100% burned permanently
- 30% of platform revenue → distributed to stakers
- 20% of platform revenue → strategic reserve
Continuous Burn Mechanism
Daily Operations Create Deflationary Pressure:
- 5,000 venues × $10,000 monthly volume = $50M transactions
- $5M in referral rewards generated
- $1M in platform revenue monthly (20% commission)
- $500K allocated to buybacks
- ~27M LONG purchased and burned monthly (at TGE price)
Two-Part Reward Structure Benefits
Venues set both visit bounties and spend percentages:
- Coffee shops: $2 bounty + 8% = works for low tickets
- Restaurants: $10 bounty + 15% = scales with check size
- Bars: $8 bounty + 12% = optimized for social venues
- Ensures promoters earn fairly regardless of venue type
4. LONG as Payment Currency: Creating Sustainable Demand
Supply Reduction Through Utility
Enabling LONG as payment creates a circular economy that continuously removes tokens from exchanges:
Venue Benefits for Accepting LONG:
- Instant settlement (no banking delays)
- Lower deposit fees through staking (10% → 5%)
- Direct value capture from ecosystem growth
- Auto-conversion options available
Demand Creation Mechanism
Growing Payment Adoption = Rising Token Demand
- Promoters receive LONG payouts → Need to stake for 95-99% payouts
- Venues stake LONG → Reduce deposit fees from 10% to 5%
- Regular users buy LONG for 3% payment discount at venues
- Staking LONG provides platform status and enhanced venue perks
- Staking reduces circulating supply → Creates scarcity
- Continuous buying pressure → From payouts and new users
Staking Economics Create Value:
- Promoters stake up to 1M LONG for 99% payouts
- Venues stake to halve deposit fees
- Users stake for payment discounts
- Creates predictable supply reduction
Network Effect on Token Value
- 1,000 venues staking average $10,000 = $10M locked
- 10,000 promoters staking average $5,000 = $50M locked
- 100,000 users staking average $500 = $50M locked
- Total: $110M+ removed from circulation
5. Detailed Flow Mechanics
Flow 1: Venue Onboarding & Deposits
1. Venue Registration
- Create account on Belong.net
- Set visit bounty + spend percentage
- Choose payment methods (cards, crypto, etc.)
2. USDC Deposit Process
- Deposit via credit card, Apple Pay, bank transfer
- Example: $500 deposit costs $555 total
- First 2 deposits: Only $505 (no deposit fee)
- Standard: $555 ($50 fee + $5 to LONG)
- With max staking: $530 ($25 fee + $5 to LONG)
- Treasury receives USDC and generates yield
Flow 2: Customer → Promoter → Payment
1. Customer Visit
- Scan QR or tap NFC at venue
- Make purchase
- System calculates: Bounty + (Spend % × Bill)
2. Payment Distribution
- Venue pays from pre-deposited balance
- Promoter receives 90% (USDC) or 95-99% (LONG)
- Platform keeps 10% (USDC) or 1-5% (LONG)
Flow 3: LONG Payment at Venues
1. Customer Payment
- Pay with LONG for 3% discount
- Venue receives LONG instantly
- Can auto-stake or auto-convert
2. Venue Options
- Hold and stake for rewards
- Use for supplier payments
- Convert to USD anytime
6. Staking Economics & Fee Structure
Promoter Staking Tiers
| LONG Staked | Tier | USDC Payout | LONG Payout |
|---|---|---|---|
| 0 | None | 90% | 95% |
| 50,000 | Bronze | 90% | 96% |
| 250,000 | Silver | 90% | 97% |
| 500,000 | Gold | 90% | 98% |
| 1,000,000 | Platinum | 90% | 99% |
Venue Staking Benefits
| LONG Staked | Deposit Fee | Savings |
|---|---|---|
| 0 | 10% | $0 |
| 50,000 | 9% | $5 per $500 |
| 250,000 | 8% | $10 per $500 |
| 500,000 | 7% | $15 per $500 |
| 1,000,000 | 5% | $25 per $500 |
Revenue Creating Constant Demand
All platform revenue creates LONG demand:
- 50% allocated to market buybacks
- 100% of bought tokens burned
- 30% of revenue to stakers
- Creates sustainable token economics
7. Token Value Protection Mechanisms
Structural Safeguards
1. Revenue Stability
- USDC-backed system eliminates token price risk
- Venues prepay deposits ensuring cash flow
- Multiple revenue streams (ticketing, gating, subscriptions)
- Treasury generates yield on escrowed USDC
2. Anti-Dump Mechanics
- Self-selection payout system prevents mass selling
- Vesting schedules for team and advisors
- Staking lockups reduce liquid supply
- No large token unlocks or cliff vesting
3. Fraud Prevention
- Verified customer requirements
- Physical presence confirmation
- Multi-sig treasury management
- Insurance fund for edge cases
Market Dynamics Favoring Appreciation
Supply Constraints:
- Fixed 750M supply (no inflation)
- Continuous burns reducing circulation
- Staking requirements lock tokens
- Growing utility increases holding
Demand Growth:
- Every new venue creates promoter demand
- Every promoter brings customer demand
- Every customer discovers payment savings
- Network effects compound exponentially
8. Network Effects & Value Multiplication
The Compounding Value Loop
Each Participant Multiplies Token Value:
1. Venue Addition
- Creates 10-50 promoter opportunities
- Generates $1-10K monthly in fees
- Stakes $5-50K in LONG
- Burns thousands of tokens monthly
2. Promoter Growth
- Brings 50-500 customers each
- Stakes for higher earnings
- Refers other promoters
- Compounds platform revenue
3. Customer Adoption
- Discovers payment discounts
- Becomes regular at venues
- Stakes for benefits
- Drives LONG demand
Mathematical Model
Network Value = (Venues × Promoters × Customers)²
- 100 venues = 5M network score
- 1,000 venues = 50B network score
- 10x growth = 100x value increase
9. Pre-Launch Airdrop Strategy
Overview
Points-based program convertible 1:1 to LONG at launch.
Allocation: 45,000,000 LONG (6% of supply)
- Venue acquisition: 40%
- Promoter recruitment: 40%
- Customer engagement: 13%
- Special campaigns: 7%
Key Incentives
Venues:
- Pioneer bonus: 100,000 LONG (first 100/city)
- Volume rewards: Up to 1M LONG/month
Promoters:
- Early bird: 10,000 LONG
- Performance: Up to 500,000 LONG
Customers:
- Exploration rewards: Up to 25,000 LONG
- Regular status: 20,000 LONG
10. Revenue Projections & Token Burns
Conservative Growth Path
Year 1: Foundation
- 5,000 venues
- $18M platform revenue
- 100M LONG burned (13% of supply)
- Token utility proven
Year 2: Expansion
- 25,000 venues
- $90M platform revenue
- 200M additional burned (40% cumulative)
- Market leadership established
Year 3: Dominance
- 50,000+ venues
- $180M+ platform revenue
- <450M tokens remaining
- Industry standard achieved
Bull Case Potential
- 10% of $580-750B market = $58-75B transactions
- $11.6-15B in platform revenue (20% commission)
- Majority of supply burned within 5 years
- Scarcity drives exponential value
Summary
The Belong CheckIn Opportunity:
✅ Revenue from Day 1: Platform generates fees immediately
✅ Mathematical Certainty: 50% of revenue → buybacks → 100% burned
✅ Proven Demand: 1,000+ communities and brands ready for conversion
✅ Multiple Value Drivers: Burns, utility, staking, network effects
✅ Protected Downside: Real utility prevents speculation crashes
✅ Massive Upside: $580-750B addressable market opportunity (10% capture = $58-75B transactions generating $11.6-15B platform revenue)
The Bottom Line:
LONG is a mathematically designed value accrual mechanism where every restaurant visit, every drink purchased, and every customer referred directly reduces token supply while increasing demand through:
- Platform fees creating buyback pressure
- 100% of buybacks burned forever
- Multiple staking incentives locking supply
- Real payment utility driving adoption
In a market full of promises, Belong CheckIn delivers programmatic value creation that benefits every token holder, every single day.
For detailed tokenomics modeling and revenue projections, contact investors@belong.foundation