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Tokenomics
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Our Mission: Powering a new era where fans play, earn, and thrive – connecting digital assets to the pulse of sports and entertainment.
STAGE 1:
INITIAL DEVELOPMENT
STAGE 2:
LAUNCH
STAGE 3:
MAINNET LAUNCH
STAGE 4:
EXPANSION & SCALING
TURBINE: Spreading Speed in the World Using ERC-20 Token
Abstract
This paper describes the birth and features of the TurbineToken coin, an ERC-20 token that adopts the time-decreasing volatility model.
The TurbineToken coin is designed to provide the purchasing power of a portion of the general price level that falls over time. Given its simplicity, the proposed approach fits the Electronic Money System idea. By assigning a token a decreasing speed of exchange with goods and services, as inflation does to a normal currency, we stabilize the value of the TurbineToken coin while keeping the advantages of cryptocurrencies. By reducing the velocity of the TurbineToken coins over time, we protect savings while keeping them at the disposal of the economy.
The proposed algorithm allows holders to manage, inflate, or deflate their wealth in the cryptocurrency economy, contrasting control by centralized entities, which can debase purchasing power at any time, or by the currently proposed inflation-targeted algorithms. Keywords: ERC-20 token, deflation, dual purchase, cryptocurrency economy, Electronic Money System, time-decreasing volatility,
Announcing Our New Coin Issuance: A Commitment to Transparency and Long-Term Success
We are excited to introduce our new coin, designed with transparency and trust at its core. As part of our mission to build a sustainable and secure blockchain ecosystem, we are taking key steps to ensure complete transparency in how our coin is managed and distributed. Here’s how we are building confidence for long-term success:
1. Number of Coins Held by Investors
From day one, we will provide full visibility into the number of coins held by early investors. This information will be publicly accessible through a real-time dashboard, showing the exact holdings of all major investors and ensuring there are no hidden agendas. This allows the community to track how coins are distributed and where investor commitments lie.
2. Number of Coins Burned
To ensure the value of the coin remains stable and inflation is controlled, we will periodically burn a percentage of the total supply. Every burn event will be fully documented and timestamped, with the total number of burned coins transparently displayed on the blockchain. This commitment ensures that there is a controlled supply and builds confidence in the future value of the coin.
3. Building Long-Term Trust
In addition to transparency on holdings and burns, we are committed to disclosing other crucial details that build trust and mitigate risk:
- Locked Liquidity: A significant portion of the liquidity pool will be locked for a predetermined period, eliminating the risk of a sudden liquidity pull (commonly known as a rug pull).
- Development Team Commitment: Our team’s coin allocation will also be transparently locked for a phased release, demonstrating our long-term commitment to the project’s growth and success.
- Open Audits: We will partner with third-party auditors to regularly audit the smart contract and coin distribution, with all reports made available to the community.
By prioritizing these areas of transparency, we aim to foster a high level of trust within our community and create a solid foundation for the long-term success of our coin. Our focus is not just on short-term gains but on building a lasting project that brings real value to investors and users alike.
We invite you to join us on this journey, as we set a new standard for transparency and accountability in the world of cryptocurrency.