TOKENOMICS
Token information [Deflationary]
Type: BEP20, CW20 Ticker: NRV Total supply: 10,000,000,000 NRV(fixed)
Initial circulating supply: 252,000,000 $NRV Initial market cap: $********** USD (Public Sales + Airdrop)
Precise Emission Type: Burn & Mint Equilibrium, Programmatic Burn
Capped Supply: Yes
One Feature of our chain will be payment of gas fee in different tokens like BTC, ETH, UST, LUNA or ATOM, we think giving user flexibility to pay gas fee is great way for user to explore a chain, unlike in Ethereum where user first have to transfer token like UST then to send it eth have to be sent in another transaction.
Some important points to keep in mind about tokens.
Initially Token will be on different chains like solana, BSC, terra but eventually when we are ready for mainnet then tokens will be 1:1 swap-able with native NRV coin,
The sum of all tokens on all chains will always come out to be 10 Billion.
To mint a token on another chain the same amount of token on another chain will have to be burned.
Token will be deflationary over the time, and will have regular buy and burn mechanism in 3 cases:
Profits from the marketplace will be used to buyback tokens and burn from initial supply.
All the gas fee in case of any will be burned.
Tokens from the Treasury will be burned in case of any market pressure or other event, till it has 10 % of supply.
TOKEN UTILITY
Token will serve following purpose
Paying for transaction fees incurred when using the network or smart contracts.
Staking tokens as part of the Proof of Stake consensus mechanism.
Governing with the Token
Ecosystem utilities:
Staking to participate in securing chains.
Buying Land or other in-game items in partners' Game Ecosystem.
Incentives/ Liquidity Rewards: will be used to reward those who provide Liquidity to our farming platform.
Nerv is putting out 21% of the $NRV token for sale to the public. This is a significant step towards transparency and decentralization and enabling greater public participation, which is necessary for the success of any blockchain project. As noted before, We does not tolerate whale wallets at all, so dumping is prevented
In addition to NRV tokens, LIM (Lil Mer) token will also be claimable by inital holders of NRV token in 1:1 so you will have 2 tokens, LIM token will decide how the game will work and its governance will be decided by community using LIM tokens.
Token details:
Name: NERV
Blockchain: Initially BSC/SOLANA
Max Supply: 10,000,000,000
Symbol token: $NRV
Public + Private sale tokens: 3,100,000,000 tokens
Public sale price: $0.**** USD
Initial market cap: *********$
Initial circulating supply: 525,000,000
Token Allocation:
Public/Private Sale 21%
Development 10%
Marketing 13%
Partnerships 10%
Treasury 20%
Liquidity 8%
Staking 4%
Team 10%
Advisers 3%
Airdrop and community 1%
Vesting of tokens, after Initial Listing Event (ILE):
Airdrop: Unlock after ILE.
Public Sales Unlocked 12% at ILE, and 5 month linear
Private Sales Unlocked 10% at ILE, and 7 month linear
Team 12 month cliff, 48 month linear
Marketing 15 month cliff, 60 month linear
Development 6 month cliff 120 month linear
Partnerships 9 month cliff 36 month linear
Advisers 8 month cliff 24 month linear