The TUT is an utility token created in the Polygon network by Tutellus. The TUT is being used by users who want to interact with Tutellus' product & services, and soon by users who want to interact with any other Educational institution that wanna use our technology to empower their students.
So the TUT is a full protocol, not just a token, to be used outside Tutellus.
2. How can I interact with the TUT token?
You just need to use the token to buy (getting always 10% discount over fiat), access to different products (only accesible staking TUT tokens) or hiring other kind of services (only with tokens).
The token ecosystem is based on multiple smart contracts:
It follows a deflationary model where the protocol combines the TUT burning with an initial (and inflationary) Rewards program; after it (36 months) the burning oversizes the issuing, attending this image (details in whitepaper-tokenomics);
While there will be more people who need the TUT token with different purposes (buying cheaper, getting advertised, farming or staking, financing a project...) than people interested in selling it, the token will continue capturing value.
Next Protocol phase will be to open it to a third parties (other Educational institutions), so we hope a high TUT tokens demand after it.
4. Do you want to tokenize your Educational institution?
If you are an EdTech platform, University or whatever, and you want to tokenize your business model, you can do it in two ways.
Creating other token from scratch, with all the related smart contracts an applications. After you'll need to create the front-end of all dAPPs and to maintain the infrastructure forever.
Acquiring just TUT tokens (with no investment) and let us to configure our contracts in your organization, for just peanuts.