Hello!
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Quick question, Is it the Russian team?
The team is international, and there are some Russians among them.
Dear Team, any predictions on token value growth?
Frequency of token use directly contributes to its growth potential. In other words, the more actively a token is used within the project, the greater its potential for growth.
That said, we aim to stimulate NAVI value growth with a two-prong approach.
First, every time tokens are used to rent or book a vessel, those tokens will be immediately burned and taken off the market. This model assumes a gradual decrease of available tokens, and an organic increase of demand and price.
Second, at least 25% of all advertising profits will be used to buyout tokens available on cryptocurrency exchanges. We then will burn at least 50% of the tokens, removing them from the market, and further stimulating NAVI value growth.
A combination of factors will ensure a powerful incentive for NAVI exchange rate increases:
•The less tokens available on exchanges, the higher the NAVI exchange rate
(effect of supply and demand).
•Gradual decrease in total number of tokens available to the public, due to buyout
and burning, will decrease the supply and increase token value.
•All members of the BoatPilot team and TGE participants will be interested and
vested in raising advertisement revenue (main source of project revenue and team
profits), and buying out and annulling NAVI.
•The project team will hold 20% of the tokens initially generated, which will be
available approximately five-six months after the TGE. This will further incentivize the
team to maximize NAVI value growth. This aspect is not exclusive to us – all
successful TGEs use this approach.
•Finally, if the TGE reaches the Hard Cap, we will be able to enter the markets in
North and South America and the Asia Pacific region in one to two years. This will
increase advertising revenue and, subsequently, the number of tokens bought out
from cryptocurrency exchanges.
You can read more in our WP
https://www.boatpilot.io/docs/BoatPilot_White_Paper_EN.pdfBest wishes,
BoatPilot team.