https://youtu.be/fC9A--omXIc
Topic: [ANN][ICO] 0xDistro Token - First Store of Value And Mechanism of Interest (Read 49 times)
March 29, 2024, 08:03:56 AM
December 28, 2023, 12:06:30 PM
0xDistro Token (DSTRO)
Website
https://0xdistro.xyz
Technical/White Papers:
https://docs.google.com/document/d/1347k-vibbY-GZY1hcp94UBEtFAe1BA5g6P8gT8ZPXVI/edit?usp=sharing
With 0xDistro we’ve created a store of value with an intrinsic mechanism of interest. Each month we mint 2,500,000 (0.25%) new tokens and distribute them equally to randomly selected wallets holding 0xDistro tokens. Your chances of being part of the distribution go up based on the amount you hold and for how long.
Introduction
0xDistro is a Binance smart chain BEP20 token that acts as a store of value with an intrinsic mechanism of interest attached. 0xDistro’s mission is to create a store of value that motivates token holders by giving them a chance to increase their holdings by minting approx 2,500,000 (0.25%) new tokens each month and distributing these tokens to random wallets. The selection process for the distribution is random, but token holders can increase their chances of being part of the monthly distribution by holding a number of tokens and holding them over time.
Why are we building 0xDistro ?
Tokens can be defined as a utility or a security , utility tokens are primarily designed to provide access to a specific product or service, while security tokens are designed to represent an ownership stake in an underlying asset, product or service.
Issues arise when a token's price is tied to the usefulness of an underlying product or service. If the product or service fails to gain traction the value of the token may decline as sellers take control of the market because buyers are dissuaded because of the underlying issue with the product or service.
With 0xDistro we don't see ourselves as a utility or security, but rather as a function to our own ecosystem. Not only do we provide the incentive for storing value but also provide the functionality to negate the diluting effects of this incentive. This allows the token to maintain value while acting out its own economic system and staying independent of any underlying product or service. This allows the 0xDistro economic system to be 100% independent of any other business or commodity, and thus lets us build a store of value on our own terms.
Total Circulating Amount = 1,000,000,000
Distribution available for ICO = 600,000,000
Excluded from ICO (Reserved for Devs and stakeholders) = 400,000,000
Soft Cap = $150,000
Hard Cap = $66,600,000
Delivery Schedule
Q1 2024 - Listing of ICO to Public.
We will set our ICO live to the public with an initial price of approx $0.001. We will also start our marketing plan within the crypto ecosphere.
Q1/2 2024 - Start of research for development partner to architect full node query and support.
We will look over possible solutions for providing full nodes and random functions as this is the bulk of our third party requirements.
Q2/3 2024 - Full time development of 0xDistro token begins.
We start full development of all services that we aim to supply via the 0xDistro token.
Q4 2024 - Full testing begins with beta release being made public for the first time.
We intend to have a fully working beta with a year of ICO.
Q1/2 2025 - Full public release where users can trade distro on public exchanges.
Website
https://0xdistro.xyz
Technical/White Papers:
https://docs.google.com/document/d/1347k-vibbY-GZY1hcp94UBEtFAe1BA5g6P8gT8ZPXVI/edit?usp=sharing
With 0xDistro we’ve created a store of value with an intrinsic mechanism of interest. Each month we mint 2,500,000 (0.25%) new tokens and distribute them equally to randomly selected wallets holding 0xDistro tokens. Your chances of being part of the distribution go up based on the amount you hold and for how long.
Introduction
0xDistro is a Binance smart chain BEP20 token that acts as a store of value with an intrinsic mechanism of interest attached. 0xDistro’s mission is to create a store of value that motivates token holders by giving them a chance to increase their holdings by minting approx 2,500,000 (0.25%) new tokens each month and distributing these tokens to random wallets. The selection process for the distribution is random, but token holders can increase their chances of being part of the monthly distribution by holding a number of tokens and holding them over time.
Why are we building 0xDistro ?
Tokens can be defined as a utility or a security , utility tokens are primarily designed to provide access to a specific product or service, while security tokens are designed to represent an ownership stake in an underlying asset, product or service.
Issues arise when a token's price is tied to the usefulness of an underlying product or service. If the product or service fails to gain traction the value of the token may decline as sellers take control of the market because buyers are dissuaded because of the underlying issue with the product or service.
With 0xDistro we don't see ourselves as a utility or security, but rather as a function to our own ecosystem. Not only do we provide the incentive for storing value but also provide the functionality to negate the diluting effects of this incentive. This allows the token to maintain value while acting out its own economic system and staying independent of any underlying product or service. This allows the 0xDistro economic system to be 100% independent of any other business or commodity, and thus lets us build a store of value on our own terms.
Total Circulating Amount = 1,000,000,000
Distribution available for ICO = 600,000,000
Excluded from ICO (Reserved for Devs and stakeholders) = 400,000,000
Soft Cap = $150,000
Hard Cap = $66,600,000
Delivery Schedule
Q1 2024 - Listing of ICO to Public.
We will set our ICO live to the public with an initial price of approx $0.001. We will also start our marketing plan within the crypto ecosphere.
Q1/2 2024 - Start of research for development partner to architect full node query and support.
We will look over possible solutions for providing full nodes and random functions as this is the bulk of our third party requirements.
Q2/3 2024 - Full time development of 0xDistro token begins.
We start full development of all services that we aim to supply via the 0xDistro token.
Q4 2024 - Full testing begins with beta release being made public for the first time.
We intend to have a fully working beta with a year of ICO.
Q1/2 2025 - Full public release where users can trade distro on public exchanges.
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