ETS Token Metrics
Etheros (ETS) is the native token of the Etheros platform. Users (players) obtain or buy specific “fragments” of space, place, or thing using the ETS token.
Etheros token metrics are as follows:
Public Token Distribution Event details:
- Starts on May 1st, 2pm CET (Central European Time)
- Ends on May 14th, 2pm CET (or when the total number of available tokens has been distributed)
- 30,000,000 Etheros tokens will be available, which is 20.14% of the total token supply.
- Proceeds and unsold tokens will go to the Etheros DAO.
- Starting price: $1.00
- Hosted on: Mesa DEX and Uniswap
- Accepted currency: USDT, ETH
What is Mesa DEX?
The public token distribution will be handled by DXdao’s Mesa, a decentralized exchange based on the Gnosis Protocol. The mechanisms provided by the Gnosis Protocol allow fair launch of tokens and limit front-running and gas wars, which sometimes occur in launches of tokens on some decentralized exchanges based on AMM.
What is Uniswap?
The other exchange where the public sale will take place is Uniswap. However, due to specific Uniswap mechanisms the volume of available tokens will be lower than in Mesa DEX. The Uniswap exchange itself is currently the most popular decentralized exchange. 2.1 billion dollars were blocked in its contracts in October 2020. This amounts to 20% of the total value blocked in DeFi applications. The daily Uniswap volume is 263 million dollars, which translates into approximately 95% of the total decentralized finance trading.
This is also the most popular DEX in terms of users. The platform serves over 38 thousand people every day. Uniswap was established in 2018 by Hayden Adams, an Ethereum developer. Noah Zinsmeister and Dan Robinson are the other project contributors.
Token Allocations
Max Supply: 148,940,000 ETS
Etheros token address: 0xaEF76e2c14365aD2cE78a52fC8c224623c2657b6
Etheros token link: http://token.etheros.io
Category 1
Marketing, Fees, Bounty, Advisors: 5% of total supply: unlocked
Development, Team, Partners, Contributors: 10% of total supply: vest over 2 years with a 6-month cliff
Category 2
Community: 85%
Seed Investors, Private Investors: 4.43% of total supply: unlocked, 10% bonus after 3 months of staking
Etheros Hidden Resources Rewards: 6.71% of total supply: starting on platform launch
Etheros World Builders, Developers: 6.71% of total supply: starting on platform launch, distributed over 2+ years
Public: 67.14% of total supply: 30% on the 1st sale (30M), 30% after 6 months (30M), 40% after 12 months (40M)
Explanation:
Etheros World Builders, Developers: according to the Action Mechanism, space users and developers can additionally take active part in building the Etheros world. This contribution will allow them to obtain ETS coins. Moreover, the best ideas and projects will be awarded with units of the Ethereum coin, i.e. Wei, which will belong to the given space owner completely.
Etheros Hidden Resources Rewards: according to the Resources Mechanism, space users will be able to try to find valuable resources which will allow them to become suppliers of resources for other users. Importantly, even mere discovery of such resources allows their owners to derive permanent gain. In addition, their attempts at discovering the resources will also give them an opportunity to find places with ETS coins and units of Bitcoins, i.e. Satoshi, which will belong to their finder completely.
What is Etheros?
ETHEROS is a complete, decentralized world in the form of a platform providing a social application based on Blockchain Ethereum with elements of virtual reality play (VR), where users (players) obtain or buy specific “fragments” of space, place, or thing using the native Etheros token (ETS). The native token of the application can be obtained with the Ethereum cryptocurrency.
Etheros is not only a decentralized platform but also a concept of a new decentralized world where everyone can become the owner and the user of any place or thing according to their imagination. This is a world where social balance, with clear-cut and transparent rules, and respect for property give a new opportunity to all people regardless of their location or social status.
Etheros gives new digital value to every person and to everything that is created or discovered in a virtual world created in the likeness of Earth. Etheros is a representation of the world we live in, where everyone can get something for themselves forever.
The ETS Token
To decentralize the management of the entire Etheros project, and to allow users to make a profit, it will be necessary to possess ETS tokens. Management will be fully decentralized and open, which means that all stakeholders will be able to take direct part in running the project. This will be achieved thanks to the ETS token, which will involve a right to vote in the Etheros DAO.
Decentralized management requires well-selected incentive mechanisms, which will have a positive effect on the development of the project. In other words, the entities managing the given space will be able to turn a profit by making investment decisions and will additionally be rewarded for their actions. The ETS token aims to streamline this process by the application of the following five mechanisms:
1. The Consensus Mechanism: Spaces as a whole belong to their owners. They are the ones who decide their purpose and are the first to have the right to vote.
2. The Matter Mechanism: The entire space consists of matter. The owner has to choose in which model a space will be created — real or virtual.
3. The Resources Mechanism: Spaces contain hidden natural resources (just like in the real world). The resources are based on digital assets. Owning a space gives the right to explore, extract, obtain, transfer or sell the resources.
4. The Action Mechanism: Users can undertake all private and commercial activities in a world based on 2D and 3D Architecture.
5. The Succession Mechanism: At any given time, the owners of the space can appoint a successor who will manage it after they are gone.
All these mechanisms constitute a financial incentive to participate in the Etheros world and support activities that increase income. In addition, the Succession Mechanisms will allow users to secure the value they developed over time and to choose a successor who will acquire the full right to take over their property after they are gone.
Watch the space, follow us on Medium, Reddit, Telegram and Social Media. Don’t miss the free token giveaway and airdrop.
Official Website — https://etheros.io
Subreddit Etheros - https://np.reddit.com/r/Etheros
Etheros Whitepaper
English — https://etheros.io/docs/whitepaper_etheros_en.pdf
Stay tuned for more details coming soon!
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