Author

Topic: [ANN] AVARA - Always Vivid, Always Rising Above - Utility coin (Read 71 times)

legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi, I don't quite understand about these numbers, so you have 10% transaction fee, where 5% is returned to liquidity pool, 4% added to marketing, and 2% for future events. That's 11%



Oh, while we're at it, your website seems to have so many empty fields. I am not sure if it's because of my device is not compatible with your... site, or you are yet to fill the information. The roadmaps, for example, have nothing but a long straight line on it

10% fee total
2% goes back to the community in forms of events, competitions.
4% goes towards development of the project [creating modules mainly]
4% goes towards marketing.
5% goes back to liquidity from ALL of the fees we take. So it is not added to the 10% it is taken from the 10%.

So, actually, the numbers goes like this:

10% fee which 5% is directly deducted from it, and 95% that's left will goes to events, development, and marketing --I won't bother to calculate the exact percentage as it'll make people confused with the numbers. Shouldn't events be considered and included in your marketing budget? Because i kinda think events held by projects are mostly a form of marketing
newbie
Activity: 3
Merit: 0
Why do you still charge 10% fee for every transaction? Isn't that an exaggeration, because 51% of your tokens are sold in presale and 36% of your total supply goes to Liquiditi. You should have gotten enough funds for development

Fees are used to develop the project further, and to pay our Stakers. We are currently developing an Ethereum bridge, and the staking module relies on fees to pay of the APY.

Also fees will be reduced to zero after getting CEX listings.
newbie
Activity: 3
Merit: 0
Hi, I don't quite understand about these numbers, so you have 10% transaction fee, where 5% is returned to liquidity pool, 4% added to marketing, and 2% for future events. That's 11%

https://i.ibb.co/7WPrXhk/Fee-dist.jpg

Oh, while we're at it, your website seems to have so many empty fields. I am not sure if it's because of my device is not compatible with your... site, or you are yet to fill the information. The roadmaps, for example, have nothing but a long straight line on it

10% fee total
2% goes back to the community in forms of events, competitions.
4% goes towards development of the project [creating modules mainly]
4% goes towards marketing.
5% goes back to liquidity from ALL of the fees we take. So it is not added to the 10% it is taken from the 10%.
sr. member
Activity: 1176
Merit: 252
Why do you still charge 10% fee for every transaction? Isn't that an exaggeration, because 51% of your tokens are sold in presale and 36% of your total supply goes to Liquiditi. You should have gotten enough funds for development
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi, I don't quite understand about these numbers, so you have 10% transaction fee, where 5% is returned to liquidity pool, 4% added to marketing, and 2% for future events. That's 11%



Oh, while we're at it, your website seems to have so many empty fields. I am not sure if it's because of my device is not compatible with your... site, or you are yet to fill the information. The roadmaps, for example, have nothing but a long straight line on it
newbie
Activity: 3
Merit: 0
Welcome everyone!

My name is Wilson I'm the Chief Strategy Officer of AVARA.

I would like to introduce the AVARA project to every member of the bitcointalk.


What is AVARA
AVARA is a module-based token on the BSC [Binance Smart Chain] Network, offering multiple utilities to its users. AVARA HUB is the core of AVARA, where investors and users can access AVARA services, products, and utilities. We have many great plans to improve AVARA, and we are full-time working on it, to attract investors, and make partnerships. We intend to keep investors included in the decision-making process throughout the life of the token and will take further suggestions for future growth, partnerships, brand ambassadorships, and more from our holders.

About the AVARA Token
The AVARA token is a modular token which means that it controls, and uses modules that are deployed alongside the contract, making it an easily extendable and infinitely scalable contract with REAL infinite possibilities. Third-Party projects, developers can write code to interact with the AVARA ecosystem, to improve both their and both AVARA's functionality. (The AVARA Team must approve and deploy the module to work, to avoid having harmful activities) If a third-party module is not in use, and will not be in use, the module can simply be revoked and stopped. The AVARA Developer team is currently working on creating more modules to expand the feature set of AVARA, but with partnerships, we can work faster, and with larger projects or companies due to the module system we created.

An example of how this would work: An NFT Website creates a module, creates a pull request on the AVARA Github repository. We review it, and deploy their module into AVARA, making it possible to pay with AVARA on their website, and store, sell, transfer, mint NFT's in the AVARA contract on their website.



What utilities can AVARA provide currently?

Currently, we have an online casino running as a module, under AVARA. This casino was made through a connection between our modular contract and the module itself [bitduel]. We developed the entire module framework from scratch, so we can later use it for the upcoming modules we develop.

What utilities can AVARA provide later on?

We have a set amount of ideas we will develop for our token, in the form of modules. These include the above Bitbot [NFT PvP Interactive Card game], AVARA Cross Chain Launchpad, AVARA Bridge between smart chains [ERC bridge will be the first]. We also have in mind to create a Staking module and an Airdrop-Claim service for other projects to use. We plan on creating an "Idea Incubator" when we finished our modules, and we don't have anything in mind to develop, to be able to work with our community and make their ideas become reality.


Feel free to ask questions, our team members will try to answer them. Edits and updates can be expected.
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