OpenBiSea
  • ๐Ÿ‘‹Welcome to the OpenBiSea
  • OpenBiSea Vision
    • ๐Ÿ“ˆMarket overview
    • ๐Ÿ› ๏ธProblem
    • ๐ŸŽฏOur solution
    • ๐ŸŽจWhy OpenBiSea?
      • For NFT Buyers
      • For NFT Artists
      • For Influencers
      • For Brands
      • For Companies
  • Products
    • ๐Ÿ–ผ๏ธNFT Marketplace
    • ๐Ÿ’ซMultiswap
    • ๐ŸŽฎNFT games
      • ๐Ÿ๏ธmotoDEX
      • ๐ŸšถdexGO
  • Blockchain part
    • ๐Ÿ”Blockchain
    • ๐Ÿ“ŠTokenomics
    • ๐Ÿช™OBS Token and OpenBiSea functionality
  • ๐Ÿ’ŽFunds Allocation
  • ๐Ÿ’ฐBusiness model
  • โš–๏ธSecurity audit
  • โš ๏ธRisk Factors
  • โœ๏ธRoadmap
  • ๐Ÿง‘โ€๐Ÿ’ปTeam
  • ๐ŸคInvestors & Partners
  • ๐Ÿง‘โ€๐Ÿ’ปPitchDeck
  • ๐Ÿ”—Contacts
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On this page
  • Issuing and distributing token
  • Payment terms and conditions:
  • Token sale price calculation:
  1. Blockchain part

Tokenomics

PreviousBlockchainNextOBS Token and OpenBiSea functionality

Last updated 2 years ago

We will sell 10% of the tokens pool:

Name

OBS tokens

% allocation

Pre-sale

8888

10%

Community

80000

90%

Total

88888

Remainder of the tokens (90%) will be allocated to Community based on this rules:

1๏ธโƒฃ 5% will be distributed around first early users of the app and/or smart contracts. Early users must be active, propose features and bug reports, actively invite friends and use referral system

2๏ธโƒฃ 5% to a content creators bounty, where must include a video tutorials, full documentation, etc

3๏ธโƒฃ Rest 80% will allocate to all future investment bitcoin-based principals.

  • Community members sell or buy and generate income.

  • Distribution will allowed from $5k sales in total.

  • Each holder will have appropriate discount to all fees/subscriptions depends from % holded OBSs divided to circulation supply

  • Each month all community buyers and sellers can claim to receive leaved OBSs tokens based on their income:

5% from their income if total sales > $5k and < $10k

3% from their income if total sales > $10k and < $500k

1% from their income if total sales > $500k and total sales < $5M

0.1% from their income if total sales > $5M

Issuing and distributing token

Volume of issue

Hard cap for the token sale

Sale

Volume of Sale

Initial $ exchange rate

88,888 OBSs in total

8,888 OBSs

Mar 8 - forever

8,888 OBSs

0.0888 BNB = 1OBS

Payment terms and conditions:

  1. We do not have soft-cap, the maximum is 8,888 OBS tokens.

  2. The first 888 tokens will sell on private sale with 0.0777BNB start price, not more than 100 OBS to one investor, auction based.

  • There is maximum entry limit per one purchase is 30% from leaved tokens, minimum entry limit is 0.8BNB

  • BNB are accepted as payment methods.

  • Restrictions: buyer canโ€™t purchase more than 33% of left balance on tokensale pool.

  • All payments are accessible through browsers wallets and mobile wallets

  • Conversion conditions: initial exchange rate is 0.0888BNB = 1 OBS token

  • Curve price formula (bitcoin style): each buyer increases the next price depending on the purchased tokens amount, which protects future rate. All rules build in smart contracts. Here is a sample of tokensale flow.

Token sale price calculation:

month

1

2

3

4

5

6

7

initial price in BNB

0.0888

tokens in pool

8000

7912

7482

6572

3572

1572

10

tokens sold

88

430

910

3000

2000

2100

tokens sold (total)

88

518

1,428

4,428

6,428

7,990

received in BNB

7.90

40.83

98.37

596.64

903.82

149,184

token price in BNB

0.0888

0.0898

0.0949

0.1081

0.1989

0.4519

71.0400

Rest 8000OBS will be available with purchase Tokens function, with limits described below:

Storage system of collected funds: smart contract with

๐Ÿ“Š
smart contract
address.