Could you please specify the model and tokenomics of Bentive? I see the project is quite interesting with a cashback network if im corect and the use of the token BENT, definitely a longterm prospect for sure. Well in addition to the listings of course. Any thoughts? Thanks !!
Hi Eugene, Bentive is basically part of a bigger project, which the subset of the project is to build a cash-back / rebate ecosystem. Bentive will be the token that fuels the whole ecosystem. We want to help our initial investors offset their risks, therefore the first 20 Masternode investors will be able to mine unencumbered until Bentive officially lists for sale on an exchange (approx. 2 weeks). We don’t however, stop Masternode investors from selling their tokens directly to users during that period, for over the counter (OTC) prices.
After listing on the exchange, prices may fluctuate temporarily, but in the long run we believe our unique tokenomics, (where rewards go up, alongside collateral requirements) actually encourage early Masternode owners to hold on, and reap increasing rewards. Beyond pre-sale, new investors, confident a strong token demand, should be keen to invest in new Masternodes as well.
Finally, we are confident that our projects will also drive demand for Bentives in the future.
