White Paper: $MERTX and $TNKU Token Ecosystem
This white paper introduces a dual-token model ($MERTX and $TNKU) designed to enhance micro-incentive distribution within the HoReCa (Hotels, Restaurants, and Cafés) industry. It outlines a blockchain-based, scalable, and compliant incentive system that rewards staff based on verified sales activity, while providing brands and venue owners with a transparent, efficient promotional mechanism.
Problem Statement
Traditional staff incentive programs in the service industry suffer from inefficiency, opacity, and delayed reward cycles. Upselling and promotional efforts are often under-compensated or inconsistently tracked. Moreover, cash-based tipping systems are vulnerable to manipulation, taxation ambiguity, and labor disputes.
Traditional staff incentive programs in the service industry suffer from inefficiency, opacity, and delayed reward cycles. Upselling and promotional efforts are often under-compensated or inconsistently tracked. Moreover, cash-based tipping systems are vulnerable to manipulation, taxation ambiguity, and labor disputes.
Proposed Solution
A blockchain-based dual-token system leveraging Polygon smart contracts is proposed to streamline promotional campaigns, automate reward distribution, and enforce transparency. Brands fund campaigns using $MERTX, which are escrowed in smart contracts. Upon POS-confirmed sales, staff receive $TNKU tokens pegged to EUR, which can be redeemed, converted, or held.
Token Architecture
$MERTX is a fixed-supply ERC-20 token used for governance, staking, and campaign funding. $TNKU is a non-transferable, internally pegged token (1 $TNKU = €0.01) used for micro-rewards. $TNKU is minted only via smart contracts upon validated POS events and cannot be traded outside the ecosystem.
A blockchain-based dual-token system leveraging Polygon smart contracts is proposed to streamline promotional campaigns, automate reward distribution, and enforce transparency. Brands fund campaigns using $MERTX, which are escrowed in smart contracts. Upon POS-confirmed sales, staff receive $TNKU tokens pegged to EUR, which can be redeemed, converted, or held.
Token Architecture
$MERTX is a fixed-supply ERC-20 token used for governance, staking, and campaign funding. $TNKU is a non-transferable, internally pegged token (1 $TNKU = €0.01) used for micro-rewards. $TNKU is minted only via smart contracts upon validated POS events and cannot be traded outside the ecosystem.
Ecosystem Participants
- Brand Owners: Fund promotional campaigns.
- Venue Owners: Integrate POS and earn 1% fees.
- Staff: Receive $TNKU for each sale and manage rewards via app.
- Smart Contracts: Automate escrow, reward distribution, and compliance enforcement.
- CampaignFactory.sol: Initiates campaigns.
- RewardEngine.sol: Validates POS events and mints $TNKU.
- EscrowVault.sol: Holds campaign funds.
- RedemptionPool.sol: Manages token conversions.
- Role-based AccessControl: Isolates permissions per participant type.
- Chainlink Oracles: Used for fiat-to-token price conversions.
- Soulbound NFTs: Verify staff identity post-KYC (e.g., via Veriff).
Economic Model
$MERTX is initially priced at €10 per token. Brands fund campaigns by purchasing $MERTX and allocating it to venue-linked escrow. Staff earn €0.50 (50 $TNKU) per verified sale. Venue owners receive 1% of each campaign value in $MERTX. Staking $MERTX unlocks reduced fees and enhanced campaign privileges.
Compliance Considerations
The platform supports GDPR-compliant identity management and on-chain/off-chain tax reporting tools. KYC is mandatory for $TNKU-to-fiat redemptions and supported via Veriff. Localized modules enable EU/UK tip taxation compliance, ensuring payout legitimacy.
Roadmap
Q3 2025
Launch the MERIT App MVP with core wallet, tipping, and earnings-tracking features, alongside initial POS integrations in pilot venues.
Q4 2025
Deploy the full Staff Wallet and NFT-based identity system, open $MERTX trading with liquidity incentives, and introduce “MERIT University” for token-gated hospitality training.
Q1 2026
Onboard the first brands and venues into MERIT Management, expand liquidity programs for both tokens, and launch a beta version of the MERIT Loyalty Marketplace with basic AI-driven tipping recommendations.
Q2 2026
Enhance $MERTX governance and staking mechanics with on-chain proposals and community treasury, and roll out the Enterprise tier of MERIT Management—complete with API integrations for major ERP/CRM systems.
Q3 2026
Implement a multi-country compliance layer for regional tax and labor rules, and finalize fiat on-ramp/off-ramp partnerships to enable seamless local-currency deposits and withdrawals.
Conclusion
The $MERTX/$TNKU token system offers a robust and fair incentive model for the service industry. By leveraging blockchain's transparency, smart contracts' automation, and regulatory foresight, this model bridges the gap between staff performance, customer satisfaction, and brand ROI.
$MERTX is initially priced at €10 per token. Brands fund campaigns by purchasing $MERTX and allocating it to venue-linked escrow. Staff earn €0.50 (50 $TNKU) per verified sale. Venue owners receive 1% of each campaign value in $MERTX. Staking $MERTX unlocks reduced fees and enhanced campaign privileges.
Compliance Considerations
The platform supports GDPR-compliant identity management and on-chain/off-chain tax reporting tools. KYC is mandatory for $TNKU-to-fiat redemptions and supported via Veriff. Localized modules enable EU/UK tip taxation compliance, ensuring payout legitimacy.
Roadmap
Q3 2025
Launch the MERIT App MVP with core wallet, tipping, and earnings-tracking features, alongside initial POS integrations in pilot venues.
Q4 2025
Deploy the full Staff Wallet and NFT-based identity system, open $MERTX trading with liquidity incentives, and introduce “MERIT University” for token-gated hospitality training.
Q1 2026
Onboard the first brands and venues into MERIT Management, expand liquidity programs for both tokens, and launch a beta version of the MERIT Loyalty Marketplace with basic AI-driven tipping recommendations.
Q2 2026
Enhance $MERTX governance and staking mechanics with on-chain proposals and community treasury, and roll out the Enterprise tier of MERIT Management—complete with API integrations for major ERP/CRM systems.
Q3 2026
Implement a multi-country compliance layer for regional tax and labor rules, and finalize fiat on-ramp/off-ramp partnerships to enable seamless local-currency deposits and withdrawals.
Conclusion
The $MERTX/$TNKU token system offers a robust and fair incentive model for the service industry. By leveraging blockchain's transparency, smart contracts' automation, and regulatory foresight, this model bridges the gap between staff performance, customer satisfaction, and brand ROI.
JUNE 2025