HIO Token

The $HIO token provides a mechanism to mobilize the Helios community to grow the userbase and drive on-platform activity. HIO is built on the Solana blockchain ensuring efficiency, security and scalability. $HIO Mechanics: -Stake for rewards in $HIO -Stake for access -Stake for gamification multiples -Gamification rewards -Platform net income used to buy & burn

Staking For Rewards

$HIO holders can stake $HIO for a continuous return. This return is paid out of the HIO treasury and is non-dilutionary. To qualify for a staking return a user must engage in a minimum of in-app activity. This incentivizes users to own and stake $HIO token, reducing immediate circulating supply in exchange for increasing circulating supply over time. Rate of reward and required level of activity to qualify for rewards are parameters set by the HIO Foundation.

Stake for Access

The largest 5000 staked accounts will receive access to all content on HIO without a monthly fee. This group will be updated quarterly. The number of staked accounts that qualify for access will increase over time depending on cost, platform income, and strategic considerations. This reinforces the incentive to stake tokens, reducing circulating supply. It also incentivizes users to re-stake their rewards in order to remain in the group of accounts which have access to all content. This counterbalances increase in circulating $HIO supply over time.

Gamification Rewards

An in-app gamification system called "Quests" incentivizes user behavior both in app and off-platform. Daily app usage like engaging with the social media functions and listening to music will be rewarded alongside external activity like posting on other social media platforms. This supercharges user-base growth and platform activity. Quest rewards are paid out of HIO Foundation treasury, and so are not dilutionary. The stake for access mechanism incentivizes reward recipients to stake their rewards for access to content, again, counterbalancing the increase in circulating supply.

Stake for Gamification Multiples

Because the mechanisms described so far reward users with more $HIO tokens more generously, there must be a pathway for regular users to climb the ranks into the "Stake for Access" group. Otherwise participation will feel futile. To create this pathway, accounts with staked $HIO that don't qualify for content access will have a multiple applied to their Quest rewards. This parameter is set by the HIO Foundation.

Platform Net Income Used to Buy and Burn HIO

To reduce total supply of $HIO and provide buy pressure, surplus income from advertising and other sources will be used to buy $HIO from open markets. This $HIO will be burned by sending to a low-entropy, off-curve address. Conclusion

The music streaming industry is currently populated by very large incumbents. These incumbents have a size advantage over new industry entrants like HIO. However, new advancements in community empowerment from the Crypto/Web 3 space create an asymmetric advantage for new market entrants able to apply them effectively. We at HIO believe the mechanisms described here are a good place to start thee flywheel of community spinning.