NFTs

NFT Intro

Inu-Verse is the first Ethereum crypto-token which has its NFTs directly contributing back into the token itself.

The NFTs will be hosted on the Ethereum NFT marketplace that opened at https://opensea.io/ on Oct 20th 2021.

The NFT tokenomics will be complimentary to $BONE.

We expect to launch the NFTs on the Ethereum NFT platform sometime in early Q4.

Detailed NFT Tokenomics:

The ETH from the NFT sales will be added back into the token in the following ways!

Step 1- 50% of the ETH from the NFT Sales will be paired with $BONE that has been collected by the marketing wallet and then added to the liquidity of the token. (Permanently driving up the price floor. More importantly this gives a use to the $BONE tokens collected in each transaction by the marketing wallet other then just selling them for maketing funds like most devs do)

Step 2- 25% of the ETH from the NFT Sales will be used to buy and then burn $BONE (This will drive up the price through buying $BONE tokens as well as permanently establishing a higher price floor that can't be lowered through burning them)

Step 3- 25% of the ETH from the NFT Sales will be added to the marketing wallet for future marketing (This gives the marketing wallet funds in ETH that it needs in order to help market the token without having to sell/spend the collected $BONE tokens)

Example of Tokenomics in action:

In this fictitious example we will assume that 1 ETH = 10,000,000 $BONE

If a NFT sells for a total of 1 ETH, the ETH is used in the following ways:

Step 1- 0.5 ETH (50%) from the NFT Sale is paired with 5,000,000 $BONE tokens from the marketing wallet and added to the liquidity!

Step 2- 0.25 ETH (25%) from the NFT Sale is used to buy 2,500,000 $BONE and then it is burned!

Step 3- 0.25 ETH (25%) from the NFT Sale is added to the marketing wallet for future marketing!

Last updated