Economics Model
There are two types of digital assets in the Eternal Bond system: NFT and TOKAU.
NFT assets include the Eternal Bond fan card, the ore token, and star benefits NFT, all generated by either BEP721 or BEP1155. TOKAU is the BEP20 token, which can be used to buy NFT products, participate in transactions or obtain various services.
Token Circulation
TOKAU can be used for various NFT transactions in Eternal Bond ecosystem. Users can get TOKAU income and Ore tokens by staking and mining. Ore tokens can be used to upgrade Eternal Bond Fan Cards, powering up staking mining, and increase the chance of winning a lucky prize. The NFT will be sold in TOKAU as the main currency and will also be linked to other NFT platforms such as BNB/USD with BTC as the main token. In partnership with Paybby digital bank, TOKAU has set up a cash payment channel for NFT transactions on its website, with the aim of making it easier for global users to purchase Bond and other NFT products directly with cash in US dollars. The revenue generated by Tokau is used to buy back TOKAU in the secondary market after deducting operating costs and the share of the cooperation platform .
Deflation mechanism
TOKAU Tokens will be burnt after we buy it back from the market and the cost is mainly from the revenue of Eternal Bond based NFT.
Tokau will continue to prosper by burning 30% of tokens per fiscal year. Tokau will achieve the effect of basically halving by the end of the second year. The maximum amount of TOKAU tokens we will burn is 90% by the 7th fiscal year) in order to maintain a healthy ecosystem.
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