#About what is ID Coin (4)

In MetaID, user on-chain behavior can not only be NFT-ized, but also tokenized. ID Coin is an example of how MetaID user on-chain influence can be tokenized.

ID Coin only allows followers to have the right to mint coins, so that the minter is also the follower. ID Coin is deeply bound to people. By default, the name of the deployer is used as the Ticker, and the deployer's avatar is the Icon. Only his followers can have it, which can be regarded as a special certificate of attention to a certain person. Since all ID Coin holders are his followers, his reputation on the chain and his influence have a direct impact on the consensus of the ID Coin.

MRC-20 can be closely linked to the user's on-chain data, not only in the distribution method, but also in the future token usage scenarios. Still taking ID Coin as an example, I think these use cases are obvious and will be realized:

- Only certain content can be posted on social platforms, and only ID Coin holders can see it;

- Private chat permissions are only open to users who hold more than a certain amount of ID Coin

Even if I want to realize my own creation of NFT, I can only use my ID Coin to buy it, and I can only use ID Coin to like and reward, etc. It will be a matter of course in the future. And ID Coin also perfectly solves the liquidity problem of all tokens when the consensus is not strong in the early stage, but this is a digression.

MRC-20 can realize many functions. If the characteristics of PSBT are added, many capabilities comparable to smart contracts can be realized. I believe that MRC-20 has the ability to meet most Web3 scenarios, and the ID Coin function is more of a small application that demonstrates the possibility of MRC-20, and it is also a small attempt for us to verify MRC-20. I am very confident that more imaginative scenarios will appear in the future.