Token Distribution
The supply and token distribution are not yet finalized. The information represents the current state of our planning. The tokenomics are still being reviewed by independent experts and consultations are being held.
The token distribution of oneTokens is relatively easy to explain. The proceeds from the Private Sale, Presale, and ICO are used for the development of the project.
This includes the development, marketing, and all costs associated with building up ONE.
The minimum target for the Private Sale is €150,000. This amount is necessary to develop the white-label app for ONE and to purchase the code. We acquire the code to be able to plan further programming independently and not be tied to a partner.
Additionally, the acquisition of the code significantly reduces the monthly costs. Keeping the monthly expenses for the project as low as possible is a primary goal.
This estimate includes the code for the IBAN account, the credit card, and the basic functions for cryptocurrencies (white label). The reward system and the token distribution are handled in this case through a simple smart contract. The costs for implementing additional functions and our AI are not included in the first version.
Once we have reached this funding goal, we will commission the app, and within a maximum of 3 months, we will launch our app. Until then, our PrivateSale will continue.
Initial Coin Offering
Reaching the fundraising goal of 1,000,000€ would mean that ONE has already secured the complete funding for the coming years.
However, since it would be very negative for the token price if we were to finance the further development via the token, no more tokens will be released into the market after the ICO.
Token Distribution
The token price is set at 0.1 USDT per token for the ICO. In the presale, the token price will gradually increase from 0.05 USDT to 0.09 USDT per token.
What happens now if all 50 million tokens are not sold?
Airdrop & Burning
Since our app is already on the market at the launch of the ICO, all active users already have the chance to accumulate bonus points. Bring your friends to ONE, help us carry the vision into the world, use our app, ... to make ONE as known as possible. With every action you take, you collect valuable bonus points and the remainder of the unsold tokens will subsequently be distributed to the owners of bonus points as an airdrop.
Each token is considered as 1 bonus point (tokens from your first level are also counted), so that investors get a fair share in the airdrop. The duration of the ICO depends on two factors:
How much revenue has ONE already generated from the app?
What are the costs for further development in order to deliver the promised features?
Should further development already be covered by the revenues, we will end the ICO sooner. If we are still lagging behind in terms of user numbers and revenue, we will increase marketing activities to find more investors and users.
This approach allows us to cover the ongoing costs from the revenues, despite further development, and at the same time, finance the implementation of additional features.
A portion of the unsold tokens will be irreversibly burned, so the supply will not amount to 50,000,000 at the time of listing.
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