Utility
The UCAST token is an essential element for the economics of decentralizing the recruitment process as well as serving as in-app currency within the platform.
Last updated
The UCAST token is an essential element for the economics of decentralizing the recruitment process as well as serving as in-app currency within the platform.
Last updated
The UCAST token serves multiple roles within the Unicast ecosystem, designed for both Web3 talent and projects. First, UCAST acts as the platform's in-app currency, allowing Web3 projects to purchase job postings and a range of exclusive features. These include featured job postings that increase visibility for job opportunities, as well as AI-assisted application assessments, which facilitate the recruitment process. UCAST also unlocks features tailored for job seekers, such as access to exclusive content, Web3 certifications, trainings and events.
Secondly, UCAST is the base of Unicast.ai’s loyalty point system, rewarding active users for their value-added participation. Users earn UCAST tokens by engaging in activities like sharing job opportunities with their network, referring candidates, and helping drive the platform growth and boosting the job openings exposure. This incentivizes community engagement further enhancing the platform's visibility and creating a self-sustaining cycle of growth.
This makes UCAST a powerful tool for decentralizing the recruitment approach, turning users into active participants, enhancing the openings visibility and driving candidate referrals. As Unicast.ai grows, the UCAST token will also allow holders to participate in platform governance, giving them a voice in key decisions about platform features and future initiatives. This gives the community control over how the platform evolves, ensuring it aligns with the needs of both job seekers and employers within the Web3 space.
Furthermore, UCAST’s utility is designed to evolve over time as Unicast.ai’s ecosystem expands. We will experiment with revenue-sharing models, where token holders can benefit from a portion of the platform's earnings.
Overall, UCAST is the backbone of a decentralized recruitment ecosystem, empowering users, enabling community-driven growth, and rewarding active participation. Through its utility, governance, and reward mechanisms, UCAST aims to become a cornerstone of the Web3 talent acquisition space, achieving a more efficient, engaging, and decentralized recruitment process.
