πŸͺ™$BOINTS Token

The Bonuz Ecosystem "Accelerator" Utility Token

Why is a secondary Token required?

Bonuz Ecosystem's secondary $BOINTS token is a strategic proof-of-challenge / proof-of-interaction utility token that radically accelerates the Bonuz Ecosystem. The token boosts the App retention and social media reach, incentivizing the "Bonuz Engagers" to participate in daily strategic challenges. $BOINTS is very deflationary and ultimately exchangeable to the primary $BONUZ Token.

Strategic purposes of the $BOINTS Token:

  • Bonuz Ecosystem Activation: It catalyzes early engagement within the Bonuz ecosystem, paving the way for the major launch of the primary $BONUZ Token.

  • Retention of Daily Acceleration: $BOINTS token catalyzes radical daily user engagement, paving the way for user growth, daily app retention, and widespread social media reach.

  • User Growth: Aims to enhance the user base and its expansion significantly.

  • Loyalty Rewards: These are tokens of appreciation for the community's support in accelerating the Bonuz Ecosystem.

  • Promotional Strategies: Utilized in secondary Airdrop Campaigns, Staking Campaigns, and other strategic Campaigns.

  • Innovative Use Cases: Supports several onboarding strategies and future augmented reality applications, enhancing user interaction with real-world quests.

  • Burn Mechanism: Whenever $BOINTS Tokens are swapped/exchanged for $BONUZ Tokens, they are subsequently removed from circulation through a 10:1 burning mechanism.

Token Specifications

  • Name: $BOINTS

  • Total Supply: 1 Billion (aligned with the supply of $BONUZ)

  • Technical Standard: ERC20

  • Blockchain Platform: Multiple Options are available on EVM Chain, probably BASE or Binance Smart Chain BEP20, for their low transaction costs and efficiency in distribution, making it very accessible to mainstream users.

Cross-Chain Accessibility

A substantial portion of $BOINTS tokens could be available across multiple blockchains, including BNB, Polygon, Solana, Blast, Berachain, Core, and Arbitrum, via bridges. This strategy enables decentralized exchange (DEX) trading across these networks without necessitating user cross-swapping, thereby facilitating a broader market presence.

$BOINTS and $BONUZ Dual Token Synchronicity and Long-term Logic:

The conversion ratio from $BOINTS to $BONUZ is set at 10:1. This exchange mechanism is designed to allocate a maximum of 10% of the total $BONUZ supply. More detailed:

To support a healthy $BOINTS to $BONUZ transition, $BOINTS will be sourced from the $BONUZ "Marketing, Growth & User Incentives (e2e)" Allocation which accounts for 25% of the total 100% $BONUZ token supply. We then allocate 40% of that 25% into $BOINTS Tokens which then account for 10% out of the total 25% of the "Marketing, Growth & User Incentives (e2e)" $BONUZ Allocation. This 10% of the $BONUZ Total Token Supply accounts for 100% of $BOINTS.

Upon $BOINTS redemption

Deflationary Supply Impact:

The exchanged $BOINTS tokens are entirely burned, permanently reducing the $BOINTS total supply.

Minting Restrictions:

$BOINTS total token supply is capped at 1 billion, with no provisions for additional minting.

TGE Unlocking Mechanism

Initial $BOINTS allocations on TGE include a 10% to 20% immediate unlock, with the remainder becoming available gradually over a 12-month period.

Additional Considerations

Market Dynamics - If $BOINTS trades higher than $BONUZ:

In scenarios where $BOINTS achieves a higher market capitalization than $BONUZ, a fair exchange rate may be employed to maintain equilibrium.

Trade Failure Scenario:

If $BOINTS struggles in the market and fails, 10 $BOINTS will always be redeemable for 1 $BONUZ.

Thats a guaranteed fist rule - no matter what.

$BOINTS Burn Scenarios and total $BOINTS in circulation possibility:

While the $BOINTS Token can't exactly expire, we set a date that exactly two years after the TGE, all non-utilized $BOINTS tokens held in the Reserve and Rewards Allocation shall be burned. We calculated that no more than 55% of the Total Token Supply of $BOINTS will ever be in circulation.

This 55% is calculated without Users burning 10 $BOINTS into 1 $BONUZ. If Users start burning the $BOINTS token by exchanging them for $BONUZ, then the Total Token Supply might decrease to a total circulation of 15 to 20% of the total 1 Billion $BOINTS Token.

Rules and Logics for $BOINTS

It's EXTREMELY IMPORTANT TO NOTE that we researched a metric that not more than 45% of $BOINTS Tokens will ever be distributed as rewards for user challenges.

Additionally, we capped the daily Distribution Rewards by calculating a maximum daily rewards limit for a period of 2 years. Adjusted to keep almost 50,000 daily Engagers happy and engaging. The $BOINTS Token will be earnable for a maximum of two years. No more $BOINTS reward challenges shall exit after two years of the TGE. (There is a small % allocation of marketing and incentive $BONUZ tokens itself - we assume that at this time, we have a fully running and profit-generating Bonuz ecosystem with over a million Users. With such success we might not need to offer any internal challenges anymore.)

We measured that daily 50,000 Engagers could be rewarded with a minimal reward and kept happy. Ensuring the Engager's daily retention action might radically accelerate the entire Bonuz Ecosystem and our reach on Social Media platforms. Only after completing and validating Challenges will the "Bonuz Engagers" receive their rewards in Points via the Point Systemβ€”then, these Points will be redeemable for $BOINTS tokens. With the off-chain point system, we can adjust daily rewards for engagers and prevent very high rewards, which could lead to inflation if the price of $BOINTS shoots up.

Example Challenges for Earning $BOINTS:

  • Daily Login Rewards: Users earn a small amount of $BOINTS for logging into the app daily. The amount increases slightly with consecutive logins to incentivize daily engagement.

  • Engagement Challenges by Partner brands and businesses.

  • Content Creation Contest: Users submit original content related to the app's theme or community events. Top-voted submissions by the community earn $BOINTS.

  • Referral Program: Users earn $BOINTS for each new user they refer who completes specific actions within the app, such as completing a profile setup or participating in their first challenge.

  • Participation Milestones: Users achieve milestones based on their activity level, such as completing 10, 25, or 100 challenges. Each milestone comes with a $BOINTS reward, which increases in value with higher tiers.

  • Special Event Actions and Limited Tasks

  • App streaks (Login into the Bonuz App once every day consecutive to enable an extra % for a bigger daily reward.)

  • Play in-app games (Spin the Wheel, PvP Games, Fun Prediction, etc)

  • Leaderboard Competitions

  • Monthly or quarterly competitions where users earn points for participating in in-app activities. At the end of the competition period, top performers earn significant $BOINTS rewards.

These challenges are designed to cater to a variety of user interests and engagement levels, ensuring multiple pathways to earning $BOINTS. We will maximize user participation for the $BOINTS tokens by implementing a carefully planned timeline.

$BOINTS TOKEN SCHEDULE: https://docs.google.com/spreadsheets/d/1_yuBGY1aLXyrLPOzuK9QaYwTii8LN3kNAUAnPjeSwME/edit#gid=1169892209

Important Legal Note:

It is important to note that the "Bonuz Inc." entity, situated in St. Lucia, is responsible for the tokenization of $BOINTS and $BONUZ.

NO FINANCIAL ADVICEβ€”THIS IS AN EXPERIMENTAL NEW ACCELERATOR TOKEN MODELβ€”IT'S HIGHLY RISKY, AND THERE IS NO GUARANTEE THAT THIS MODEL WILL SUCCEED.

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