Xmoneta has a lot of potential specially there a lot of features on one app only, I will watch XMoneta and wait for it's future developments and news. Anyways, can i ask what is this? If the token holder hasn’t withdrawn his tokens for one year, he/she will receive a + 10 % bonus from the total amount of the kept tokens. , This is a good Bonus but where will you get the tokens if all of the users ( who currently have all the total amount of Xmoneta token) hold their tokens? How will you handle this kind of situation, well this is a very rare thing to happen but still it is possible to happen. Thanks, I hope my question will be answered.
The Token Holder Bonus is measured with the growth value curve of the token price.
This curve is a result of market functioning and subjective evaluation of the token value. Tokens will be a great utility to use in the ecosystem, but when traded outside will have no its functional purpose. If kept long enough, their added value and applicability will only grow. Therefore, we offer this possibility for our loyal users in a form of loyalty coupon. We recognize that this mechanism is similar in form to the dividend payments, while it doesn’t give any stable shares of the company or the platform. It is a way how we reward the dedicated loyal people, who want to grow together with us and the maturity of the ecosystem.
Total supply of XMN tokens is 1 000,000,000. During the ICO there will be distributed 250,000,000 XMN’s. While 750,000,000 will be reserved in the eco-system. From these token reserves will be paid out the bonuses to the token holders. In order to pay our distributors, we will have to buy back from exchanges according to the current market prices. It will also influence the growth of the XMN currency value.
XMN is a utility token that drives the ecosystem. Therefore, as a utility token, the XMN is needed to sustain the platform and make it easier for its users. XMN is introduced as a form of decentralized cryptocurrency, which holds the value given by its users and natural laws of the markets. It is utilized as a means of interaction and transaction between the various in-platform activities, services, functions, and users from all around the world. Outside the platform, the Xmoneta tokens hold no functional value that can be utilized only within the ecosystem. While as the ERC20 protocol based tokens, they are tradable. To make the exchange even more accessible for the users, it is inbuilt as a part of the platform. Such incentive is also necessary to keep the tokens inside the ecosystem, where they hold their real practical value. Besides the functional value of the XMN tokens, they cannot be used as a security or as equity and they don’t give any shares or votes in the company or the platform.
We encourage users to hold the tokens and if they keep them for a longer period of time locked, they can get the rewards. Yet the XMN can’t be recognized as the store-of-value with a predictable result, because of market’s volatility, but rather a form of loyalty coupon based on the smart contract. This smart contract gets implemented on the basis of the token value growth curve
The goal of XMN is to motivate our contributors to make a transaction within the system. It means that Xmoneta can exist also without tokens, but still, they are very helpful and make the work of our platform more efficient.
