Assets
Last updated
Last updated
Storychat comprises three primary assets:
Story Point
GEM
$SCHAT
Story Point and GEM are managed off-chain, while $SCHAT is managed on-chain.
Story Point is the most basic currency and asset used within Storychat. It is utilized for basic functions in Storychat and has the widest range of applications. Users can acquire Story Points for free through Daily Check-In or missions, and they can also purchase them via payment.
Methods to Acquire Story Points:
Season leaderboard rewards
In-app purchases
Storychat membership subscriptions
P2P transactions
Mission completion
Daily Check-In
$SCHAT swaps
Uses of Story Points:
Conversing with AI characters
Generating images and videos
Removing story length limitations
Creating longer short-form videos
GEM is the currency required for paid content and can be purchased through in-app payments. It is also the currency paid to creators who generate actual revenue, and it can be converted into cash.
Methods to Acquire GEM:
In-app purchases
Story sales
Uses of GEM:
Purchasing stories
Subscribing to creators
$SCHAT is the token of Storychat and utilizes the Aptos blockchain network. $SCHAT is managed on-chain and supports various economic activities within the platform.
