Smell Token (SML) is a unique token designed to facilitate participation in the digital transformation of the fragrance industry through the Smell Market platform. This platform integrates digital technology into the traditional fragrance sector, allowing for the sale of scent data in digital formats.
By holding SML tokens, users can engage in various activities and games on the Smell Market platform. Additionally, SML token holders can gain exclusive early access to special NFT sales, create and sell custom scents, and participate in fragrance competitions on the platform.
The Smell Market platform, powered by the Smell Token (SML), offers a range of features, including NFT registration management, an NFT marketplace, and scent playback history management. Users can register quantified scent data and generate NFTs, with community participants earning SML as rewards for various activities. The marketplace allows for the buying and selling of registered scent NFTs, with two types of scent NFTs available: common cards and owner cards. SML holders can also participate in the Smell Market community, collecting and registering scent data, and approving blockchain transactions. The platform promotes a "Smell To Earn" concept, where users can earn rewards by leveraging scents. Additionally, the Smell Market App provides users with access to all platform features and control over diffusers and sprayers, including SML payment functionality.
SML has a total supply of 12,000,000,000. The current circulating supply of SML is unknown.
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