Bit.Country Pioneer Crowdloan to participate or not?
Hello everyone, today I want to discuss the crowdlan of a very promising project in my opinion “ Bit.Counnrty” Now I will tell you the basic information and my personal observations.
Bit.Country & Metaverse.Network is a platform & blockchain ecosystem for user-created metaverses, games, and dApps.Community owners, influencers, KOLs, and individuals can launch their own metaverses for their members, fans, followers, families, and friends.All you need to launch a metaverse is at least one land block plus $NEER token to pay a small gas fee.
If you look closely, the metauniverses this is a trend all big companies enter the race just look at “Facebook”
$NEER Token Utility
$NEER is the wild cousin to $NUUM. Just like $KSM to $DOT.
$NEER, the native utility token on the Bit.Country Pioneer Network, is used for paying transaction fees and future participation in the governance of the multi-metaverse civilization.
$NEER is also used for major transactions inside Bit.Country Pioneer Network.
- Bidding for periodical land auctions on the platform
- Minting new assets
- Or any blockchain level transactions & extrinsic.
The total Supply of $NEER is 100 million or 100,000,000, and it is a deflationary utility token.
- 15% for Crowdloan Reward — 30% right after Token Generation Event (TGE), 70% linear release over 12 months.
- 20% for the founding group — 18 months lock after TGE, 100% linear release over 24 months.
- 17.51% for Private investors Seed — 12 months lock after TGE, 100% linear release over 24 months with the smallest interval possible.
- 5% for Ecosystem Programs — Advisor portion 18 months lock after TGE, linear release over 24 months. Project grant portions are on the spot.
- 7.49% for Private investors — To be allocated & vested.
- 8% for community whitelisting & public sales — To be announced around mid-November 2021. (This event is for $NUUM on Polkadot. Its NEER tokens will be reserved for future similar events)
- 27% Treasury Reserve — To be allocated and/or vested.
I really liked the tokenomics of the project. I see a balance here from team distribution to crowdloan. I can single out a small number of private investors, which I think will be very good for the project.
Journey & Roadmap
- Kusama parachain auction
- Community whitelisting and public sales
- Bit.Country Pioneer Network blockchain goes live
- Enable transfer & exchange partnership
- Onboard initial ecosystem projects & partners
- Incremental releases of UI features
- The genesis of metaverses & land formation
- Land development, subdividing & subdivision trading
- Land self-staking rewarding $BIT & earning $BIT through tasks in 2D or 3D
- Platform provided games & missions
- Platform land auction to release allocated land blocks per period from metaverse council. Allowing more metaverses to be born.
- More user-created games are available throughout our DApp store for metaverse owners to deploy to their world.
The team has a well-developed roadmap and I like the fact that everything is done at the right time for the project.
Some of Our Long Term Backers
So how do you get into Crowdlan?
- Method 1 — You can go to Kusama’s official standard crowdloan page.
- Method 2 — You can contribute using our crowdloan page. The referral codes are only available on this page.
- Method 3 — You can contribute through ZenlinkPro to receive $ZLK Plus vsKSM and vsBond which can be used in participating in the swapping, staking at Birost Finance. 🔥
As part of the crowdloan, we present an opportunity for those willing to back us by locking their KSM for 48 weeks to help us to secure a parachain slot on Kusama. The decentralized code on Kusama will return the KSM to you automatically after the loan expires
For each KSM you lock away for 48 weeks, you will receive at least 68 $NEER tokens on the Bit.Country Pioneer Network.
*We will use the base reward as the basis for each bonus calculation described below. (In case of any doubt, they don’t compound.)
Bonus Reward 1 — Early Bird
The first 1000 participants will receive an extra 10% bonus.
Bonus Reward 2 — Referral
If you refer someone and that person uses your referral code, both parties will receive an extra 5% bonus split (2.5% each) based on referred’s contribution.
For example, if you referred someone who received 100 $NEER from their base reward, we will award an extra 2.5 $NEER to you and the referred.
You will receive a referral code after making a contribution on this page.
Bonus Reward 3 — Land for Your Own Metaverse
Participation or not participation is everyone’s business, but it seems to me that such a project should not be overlooked. There will certainly not be such opportunities.