# Tokenomics

In the Ontact Protocol ecosystem, various supply and demand for ONTP occur according to the economic model, and liquidity and market value may change accordingly. ONTP may be used as follows but is not limited thereto.

(1) Payment for data acquisition and utilization; (2) Compensation for data provision; (3) Payment for use of IoT service; (4) Use as a means of data transaction; (5) Web 3.0 IoT solution market payment; (6) Governance voting; (7) Compensation for providing liquidity; (8) Token burn; (9) Community reward; (10) etc.

<figure><img src="/files/TKEw1dKwpTsQTcRmZuqF" alt=""><figcaption></figcaption></figure>


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