🪙$SOUND Token

The SOUND Token plays a pivotal role at Soundwork, serving as the key incentive mechanism with multifaceted functions. The SOUND Token is the bloodline of the Sounwork ecosystem.

The $SOUND Token

The $SOUND Token:

• Token information:

  • Name: Sound

• Symbol: SOUND

• Decimals: 18

• Total supply: The token will have a fixed total supply of 1,000,000,000

• Minting: The contract should not allow additional token minting after creating the initial token supply. It should allow for emissions and distribution + vesting.

• Burning: The contract should allow token holders to burn their tokens, reducing the total supply.

• Transferability: Token holders should be able to transfer tokens to other addresses.

• Pausing: The contract should have a pausing mechanism, allowing the contract owner to pause/unpause transfers temporarily in emergencies.

• Role-based access control: The contract should allow only authorized users to perform specific actions, such as pausing the contract.

• Events: The contract should emit relevant events for all necessary actions, such as token transfers, approvals, and burn events.

• Auditability: The contract should be written clean and well-documented, following best practices for security and audits.

The SOUND Token Standard meets the highest standards and provides security and functionality.