Tokenomics

A model for the creation and minting of UTOKENS is key to the fractionalization of real estate. For a larger discussion of tokenomics, please refer to the Plano Gov Whitepaper. What is presented here are key aspects of that as they relate to fractional usage.

Setting the Price of a Night

The value for each night of stay is controlled by owners of each property and denominated in PLAYA.

A value in UTOKEN is assigned to each night as follows:

VU = VP * R

Where:

• VU is the value of the night in UTOKEN

• VP is the value of the night in UTOKEN

• R is the exchange rate between PLAYA and UTOKEN

Valuations are determined on the first day of each month, for months 2 years in advance.

It is possible for owners of the property to override automated decisions by majority vote.