Script Network Documentation
  • Getting Started Guides
    • How to Sign Up + Sign In to Script TV
    • Using the Live TV player
    • Navigating the Script TV Dashboard (Test Phase)
    • Testnet, Explorer + Creating a Wallet (Test Phase)
    • Reward System: Script Points, Zealy, Galxe + more
  • ScriptGLASS - How to mint
  • 🎬About Script Network
    • Introduction
    • Products
    • Why Script TV?
    • How it works
    • Understanding the Script Blockchain
    • Script TV + Web3
    • Market Strategy
    • Benefits
    • Comparison
  • πŸ—ΊοΈRoadmap
  • πŸͺ™Script Tokens
    • SCPT
      • Detailed SCPT Tokenomics
    • SPAY
      • πŸ’°SPAY Tokenomics
        • πŸ•ΆοΈScriptGLASS explained
          • Economics
        • Allowable/Earnable Watch Time
      • Mechanism Design of Glasses
        • Glass Types
        • Glass Payouts
          • Durability
        • Gems
        • Levels
        • Recharge Vouchers
        • Recharge Voucher Mechanism
        • Recharge Costs
        • Glass Minting
        • Game Theory
  • 🦸For Users
    • ⛓️Blockchain Integration
      • Installation guide for Script Node setup for Win , Mac and Linux
      • Build and Install
      • Run Unit Tests
      • Launch Script Node
      • Command Line Tool
      • Steps To Upgrade The Chain
      • Account/Wallet Management
      • Call Smart Contract
      • Turing-Complete Smart Contract Support
    • Basic Concept
    • Tokens
    • Script NFTs
    • Transactions
    • Script Wallet
    • Faucet (Technical)
    • Smart Contracts
  • 🌐Script Network Explorer
    • Block APIs
    • Transaction APIs
    • Account APIs
    • Stake APIs
  • πŸ”―Nodes
    • Node Token Emissions
    • Lightning Node Overview
      • Validator / Lightning Node Setup
        • Steps To Change Node Password
        • Stake to the Lightning node
    • Lightning Staking Process
      • Lightning Stake Withdrawal Process
        • Staking through Web Wallet
  • πŸ’ Validators
    • Block Settlement
    • Steps To Migrate Lightning/Validator
  • πŸ“’Edge Documentation
    • Introduction
    • What is Edge
    • How it works
    • Edge Uses
    • Possibilities with Edge
    • Edge Features
    • Benefits
    • Use Cases
  • πŸ”—Smart Contract Development
    • πŸ’» How to quickly deploy a smart contract on Script Blockchain
  • Smart Contract & App Development
    • Turing-Complete Smart Contract
    • Ethereum RPC API support
    • Setup the ETH RPC Adaptor for the Script Testnet
    • Metamask
    • Truffle
    • Hardhat
    • Remix
    • Web3.js
    • Explorer Tools for DApp Development
    • Script Blockchain SRC20 Token Integration Guide
  • πŸ“”API References
    • Metamask Script Network RPC Details (Testnet)
    • RPC API Reference
      • Examples
      • GetBlock
        • Transaction Types
        • Request
        • GetBlockByHeight
      • GetTransaction
        • GetPendingTransactions
    • Tx APIs
      • Broadcast Raw Transaction
      • BroadcastRawTransactionAsync
    • ScriptCli APIs
      • Account APIs
        • NewKey API
        • ListKeys
        • UnlockKey
        • LockKey
        • IsKeyUnlocked
      • Tx APIs
        • Send
        • Configuration for the Script Blockchain Node
  • 🀝Referrals/Network Effects
  • πŸ›‘οΈ Audits
  • πŸ“ŠScript Network Blockchain Summary
  • Disclaimer
  • Frequently Asked Question
    • To resolve the block height issue
    • Update seed peer to resolve connectivity issue
Powered by GitBook
On this page

Was this helpful?

  1. Script Tokens

SCPT

PreviousScript TokensNextDetailed SCPT Tokenomics

Last updated 1 year ago

Was this helpful?

SCPT is a blockchain-based Script Token used by the Script network. As a multi-use token, it acts as a token of governance for producing and validating blocks and as a direct incentive for users.

To simplify the early stages and launch of Script.TV the initial SCPT token will be available as an ERC20 but will be available for migration later in the roadmap. The Validators will be selected from the holders who bought SCPT during the first-stage private sale, who then deployed their nodes and were screened on the Testnet.

Script. TV will use the SCPT Token as a direct incentive for users to not only watch and discover great new content but also to share their bandwidth and memory for videos, improving the overall stream quality for all users. In total, 1,000,000,000 SCPT utility tokens will be released. Initially, tokens will be issued on BNB Chain, and after the launch of the network, each token holder will receive native SCPT tokens on the new blockchain at a 1:1 ratio. The amount of the new SCRIPT blockchain tokens will also be limited to 1,000,000,000, and no new SCPT tokens will ever be issued.

SCPT Utility

πŸͺ™
SCPT Utility