🔢Tokenomics
Bannochmoor (BNR) Economic Model Document
Table of Contents
Introduction
Token Allocation
Token Distribution
Initial Token Sale (ITS) / Pre-Sale
Reserve Fund and Liquidity
Community and Governance
Utility and Rewards
Transaction Tax
Bannochmoor Transaction Taxation Structure
Property Development Fund
Marketing Allocation
Reflections for Tiered Holders
Liquidity Enhancement
Additional Notes
1. Introduction
This document presents the economic model of Bannochmoor (BNR), detailing the utility, distribution, and price stabilization strategies of the native cryptocurrency token of the Bannochmoor project.
2. Token Allocation
Total Supply: 1,000,000 BNR - Vesting periods applicable throughout.
Initial Token Sale (ITS): 80,000 BNR
Liquidity: 50,800 BNR
Development Fund: 300,000 BNR
Advisers, Maintenance, and Ongoing Costs: 200,000 BNR
Marketing & Community: 100,000 BNR
Team Tokens: 100,000 vested
PINKSALE TOKEN LOCKS
3. Token Distribution
Initial Token Sale (ITS) / Pre-Sale
Duration: 5 Days (Q4 2023)
Price: 1 ETH Presale = 8000 BNR
Price: 1 ETH Listing = 7200 BNR
Method: Smart Contract on the Ethereum blockchain
Soft Cap and Hard Cap
Soft Cap: 5 ETH
Hard Cap: 10 ETH
Reserve Fund and Liquidity
15% of the total token supply (150,000 BNR) dedicated to liquidity to ensure smooth trading
4. Utility and Rewards
NFTs can be purchased with Ethereum and unlock tiered access to the estate and its various benefits
BNR holders may receive discounts or privileges in on-site services within the estate
5. Transaction Tax
A 6% tax levied on all BNR transactions
6. Bannochmoor Transaction Taxation Structure
Property Development Fund
3% of each transaction dedicated to the continual growth and enhancement of the estate
Marketing Allocation
1% of every transaction directed to marketing, promotional activities, and global community growth
Reflections for Tiered Holders
1% of each transaction sent to staking contract. Please Note: until staking drops this will be directed to marketing efforts.
Liquidity Enhancement
1% of every transaction contributed to the liquidity pool
7. Additional Notes
The NFT contract will be released post SmartContract. Until the NFTs drop, the 1% reflections for tiered holders will be redirected to marketing and property development
Tax will be collected as ETH at the point of transaction to mitigate sudden funding impacts for development and marketing
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