Buyback And Burn

Holding GPS Tokens for the long term is beneficial.

Because users of the Triffic App primarily earn GPS Tokens by watching paid video messages, we will use 50% of our monthly advertising revenues to purchase GPS Tokens on the open market which will then be distributed to existing GPS Token holders. Over time, we also plan to decrease the total number of GPS Tokens by burning 15% of each monthly purchase. We call this model 'Buyback and Burn'.

The following charts represent a hypothetical monthly video advertising revenue of US$1,000,000 - of which, a bounty of $425,000 worth of GPS Tokens, which are to be distributed to existing holders based on the proportion of GPS Tokens they hold in their wallet. Note that the total number of distributed GPS Tokens will rise or fall each month, based on a variety of factors such as number of users, individual user holdings and unlocked Proof-of-Effort tokens.

For ease of explanation, we are going to pretend that there are just seven wallet holders that make up the Triffic user base, although obviously, the bonus distribution will include every user that contains a GPS Token balance of more than zero.

US$1,000,000 Monthly Advertising Revenue

GPS Token Purchase (50%)
$500,000 of our hypothetical $1,000,000 is used to support the price of GPS Tokens by purchasing them at market rate on the open market. These tokens are used for ‘Buyback and Burn’.
Triffic Innovations (50%)
Triffic Innovations receives $500,000, which is used to pay all costs associated with running the business, such as salaries, marketing, legal, accounting, support and day-to-day costs.

US$500,000 GPS Token Purchase Distribution

Token Holder Bonuses (85%)
$425,000 worth of GPS Tokens are distributed to existing GPS Token holders as an incentive for them to hold onto their tokens and not sell.
GPS Token Burn (15%)
$75,000 worth of GPS Tokens are provably removed from the blockchain, thus reducing the number of GPS Tokens and helping to support the price.

US$425,000 Token Holder Bonus Distribution

Bob Holds 48% Of All GPS Tokens Bob Holds 48% Of All GPS Tokens
Bob receives a 48% share of the US$425,000 bonus, valued at $204,000 directly to his wallet.
Kenneth Holds 22% Of All GPS Tokens Kenneth Holds 22% Of All GPS Tokens
Kenneth receives a 22% share of the US$425,000 bonus, valued at $93,500 directly to his wallet.
Elizabeth Holds 18% Of All GPS Tokens Elizabeth Holds 18% Of All GPS Tokens
Elizabeth receives a 18% share of the US$425,000 bonus, valued at $76,500 directly to her wallet.
Abdul Holds 9% Of All GPS Tokens Abdul Holds 9% Of All GPS Tokens
Abdul receives a 9% share of the US$425,000 bonus, valued at $38,250 directly to his wallet.
Jessica Holds 2% Of All GPS Tokens Jessica Holds 2% Of All GPS Tokens
Jessica receives a 2% share of the US$425,000 bonus, valued at $8,500 directly to her wallet.
Elvis Holds 0.7% Of All GPS Tokens Elvis Holds 0.7% Of All GPS Tokens
Elvis receives a 0.7% share of the US$425,000 bonus, valued at $2,975 directly to his wallet.
Vladimir Holds 0.3% Of All GPS Tokens Vladimir Holds 0.3% Of All GPS Tokens
Vladimir receives a 0.3% share of the US$425,000 bonus, valued at $1,275 directly to his wallet.