Demand
Token demand in the Sortes ecosystem is generated through a combination of intrinsic utility and community-driven mechanisms:
Governance and Voting Rights: Holding tokens empowers users to vote on critical decisions—such as fund allocation for public good initiatives—which ties the token’s value to the long-term success and social impact of the platform.
Scarcity and Speculative Value: With a fixed total supply of tokens, increasing participation and utility lead to scarcity, which, in turn, drives price appreciation. This dynamic encourages both active usage and speculative demand, reinforcing the token’s value over time.
Platform Repurchase
10% of the GMV will be used to repurchase the SORTES token from open market and destroy them.
Together, these factors create a self-reinforcing demand cycle where increased participation not only boosts the utility of tokens but also contributes to a more engaged and empowered community.
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