MINERVA
WHAT IS THE MINERVA PLATFORM
Along with the development of technology on the internet especially in the world of cryptocurrency one of which has been present MINERVA is a cryptocurrency platform that provides additional revenue streams to approved merchants who accept their tokens as a payment method We strive to demonstrate a future of less harsh
fluctuations through Proof-of-Transaction and introduces incentives
for payment solutions to accelerate the adoption of mainstream cryptocurrency
fluctuations through Proof-of-Transaction and introduces incentives
for payment solutions to accelerate the adoption of mainstream cryptocurrency
Goal Minerva
To incentivize the approved platform to adopt its cryptocurrency as a new Incentivization payment method is achieved by rewarding it an approved platform with a newly printed OWL token. This token is generated at the variable rate when the currency is used. Today's digital currency has serious problems. They are rarely used as currency. The problem is coupled with the excessive short term price
swings that create huge risks for many businesses to accept
cryptocurrency We envision a world in which smart contracts help solve this problem from overly inflated prices, changing the way business approaches cryptocurrency. By bridging the gap between business and customers, we hope to assist in bringing the mainstream of digital currencies.
swings that create huge risks for many businesses to accept
cryptocurrency We envision a world in which smart contracts help solve this problem from overly inflated prices, changing the way business approaches cryptocurrency. By bridging the gap between business and customers, we hope to assist in bringing the mainstream of digital currencies.
Token OWL
Minerva is currently the token and smart contract ERC20 system built on the Ethereal blockade. Following this standard, Minerva tokens are easily transferable between customers and approved by trades using wallets compatible with ERC20, and can be seamlessly integrated into the exchange. SERVICES AND LAYER APPLICATIONS
Certain OWL tokens will be held and issued to merchants approved for "signing bonus" subject to slow-time-release algorithm and distributed on a first-come basis, first served in variable apersentase from bonus vault to the point where the vault is running low and signing bonus fiscally insignificant.
in addition to the Minerva OWL token bonus issued to approved merchants via Proof-of-Transaction at a variable level designed to facilitate inflation and combat violent price changes. With this model, OWL tokens can be exchanged for services on an integrated platform and relaunched to the market by approved merchants, thus creating additional value for money. Excluding the distribution of the event's initial tokens, OWL tokens can not be generated by any other method
The fundamental income generating aspect of Minerva allows approved traders to increase their capital
income immediately after implementation, and gives more flexibility to these merchants to reward
their customers with discounts
income immediately after implementation, and gives more flexibility to these merchants to reward
their customers with discounts
Two minerva methods
1.Minerva uses two advanced methods to increase and decrease OWL token supplies. The first method that a new OWL token mints puts it into the Minerva economy when an approved merchant receives a token as a payment method. The rate at which the current OWL token enters the economy is called the "rate of return". The reward rate is directly proportional to the OWL price: as the price increases, the wage rate rises. The rate of return will rise to increase the total supply sufficient to prevent short-run price swings. If the rate of return is greater than zero (0), a portion of the fee is taxable
to retain Minerva, and other parts sent to smart contracts to be saved to incentivize future MVPs and voting participants. The inherent inflationary reward rate used to reward approved traders is difficult to
limit 10%. This hard stamp means the supply will not change dramatically during significant growth episodes, allowing market prices to stabilize naturally when artificial stabilization is inadequate.
to retain Minerva, and other parts sent to smart contracts to be saved to incentivize future MVPs and voting participants. The inherent inflationary reward rate used to reward approved traders is difficult to
limit 10%. This hard stamp means the supply will not change dramatically during significant growth episodes, allowing market prices to stabilize naturally when artificial stabilization is inadequate.
2. the second method sterilizes the OWL token when the price falls. Instead of a Level negative prize, we enforce a system that incents users to temporarily remove their OWL tokens from circulation. Users will freeze their OWL tokens with our MVP contract in exchange for potential bonuses after their funds
remain frozen for a certain period of time. In any case the price reduction, MVP contract can be used, But the more drastic the price drops at the time of the MVP contract funds, the higher the bonus that follows psera. In the case of too long declines where the MVP vault funds are depleted, OWL tokens
must naturally regain stability because we can not issue bonus tokens unless they exist.
remain frozen for a certain period of time. In any case the price reduction, MVP contract can be used, But the more drastic the price drops at the time of the MVP contract funds, the higher the bonus that follows psera. In the case of too long declines where the MVP vault funds are depleted, OWL tokens
must naturally regain stability because we can not issue bonus tokens unless they exist.
PRE-SALE / CROWDSALE
60,000,000 out of about 100,000,000 of the original OWL token total will be distributed in two crowds. Private presale followed by the main crowdsale. 40.000.000 Minerva will be excluded from the crowds
described below in the "OWL RESERVE" section. After the initial 100,000,000 OWL tokens are created, the new Creation tokens, in addition to bonuses associated with the platform utility, will be terminated permanently. Within 1 year
(365 days) people announcements will be made about a 1: 1 token exchange potential associated with the proposed blockchain migration. Such an announcement will be made by mail
register and confirm on the minerva.com site and on all official social media channels. All OWL transfer tokens may be limited to an unspecified amount of time not shorter than 1 week (7 days) and no longer than 1 year (365 days) after the completion of the crowdsal
described below in the "OWL RESERVE" section. After the initial 100,000,000 OWL tokens are created, the new Creation tokens, in addition to bonuses associated with the platform utility, will be terminated permanently. Within 1 year
(365 days) people announcements will be made about a 1: 1 token exchange potential associated with the proposed blockchain migration. Such an announcement will be made by mail
register and confirm on the minerva.com site and on all official social media channels. All OWL transfer tokens may be limited to an unspecified amount of time not shorter than 1 week (7 days) and no longer than 1 year (365 days) after the completion of the crowdsal
PRA-SALE
We will hold a token tokens that are likely to be held privately for accredited parties. RESERVE OWL At the end of the crowd, the founding team will receive a 20% OWL tokens allocation, subject to a 12 month (12 month) holding period. This token will serve as a long-term performance management incentive and founding team. An additional 7% will be allocated to strategic advisor, 5% for long-term operating expenses, 5% signing partnership bonuses (new approved merchants), 2% for bug rewards and 1% for promotional gifts. FINAL PRINCIPLE CROWDSALE After token tokens, the main and last crowds will take place
For the latest info from Minerva please visit their official website here
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