What is OWN Token?
What is
OWN Token?
OWN is the native BEP-20 utility token of Ownly built on the BNBChain blockchain. Holders are able to buy, sell, own, collect, and trade NFTs in the Ownly Market.
It is the medium of exchange in staking, governing, and purchasing NFT art and gaming assets within the Ownly Ecosystem.
OWN
Ticker
10 Billion
9.025 Billion
Total Supply
2
No. of exchanges
0x7665CB7b0d01Df1c9f9B9cC66019F00aBD6959bA
Contract Address - BSC
0x672b733c5350034ccbd265aa7636c3ebdda2223b
Development & Staking Rewards
0x175df4d77E8B16F8Cb8598a90d53C72B444D9682
Team and Advisors
0xbB62583889a2409e34AF9df71585D3EFb26c9553
Private Sale
0x1d08c0a9Cd4f98d978D273b9fdad64086d2129A3
Marketing and Community Airdrops
OWNLY DAO
OWN holders can govern and decide the trajectory of the OWNLY platform on certain economic factors such as voting for the next featured artist, collateral and interest rate.
MODE OF PAYMENT
OWN Tokens will be used for paying the platform fees, buying and selling NFTs in OWNLY. OWN token holders can also purchase premiere NFTs at a discounted price.
STAKING AND NFT REWARDS
OWN Tokens and NFTS will be used as rewards in our Liquidity Mining Pool. Ownly NFT holders are also entitled to quarterly OWN airdrops.
GOVERNANCE INCENTIVES
OWN Token holders who participate in OWNLY Governance for its continuous and sustained improvement and growth are entitled to OWN rewards.
EXCLUSIVE EVENTS
OWN holders gain free access to exclusive URL and IRL events like seminars, meetups, and conferences in the future.
ARTIST SUPPORT
Creating NFTs in Ownly Market can be rewarding, featured artists can earn OWN tokens as an incentive for adding their artworks on the Ownly platform.
| Description | Token Allocation | Percentage | Distribution Plan |
|---|---|---|---|
| Private Sale | 2,000,000,000 | 20.0000% | 6 months vesting and 16.67% monthly distribution |
| IDO | 2,666,666,667 | 26.6667% | No Vesting |
| Development & Staking Rewards | 2,183,333,333 | 21.83% | In accordance with staking rewards program schedule |
| Team and advisors | 2,000,000,000 | 20.00% | 2 years cliff and 5 years vesting with 20% yearly distribution |
| Liquidity (MM) | 150,000,000 | 1.50% | Upfront at initial DEX Listing |
| Marketing and Community Airdrops | 500,000,000 | 5.00% | Locked at TGE and distribution details will be announced soon |
| Reserve | 500,000,000 | 5.00% | Locked up for next 5 years |
| Total | 10,000,000,000 | 100% |
| Description | Private Sale | Initial DEX Offering (IDO) | TOTAL |
|---|---|---|---|
| Percentage Allocation | 20.0000% | 26.6667% | 46.6667% |
| Allocated OWN Tokens | 2,000,000,000.00 | 2,666,666,666.67 | 4,666,666,666.67 |
| Price per OWN | $ 0.000020 | $ 0.000030 | |
| Target Amount to be raised | $ 40,000.00 | $ 80,000.00 | $ 120,000.00 |
| Number of OWN Tokens at TGE | 333,333,333.33 | 2,666,666,666.67 | 3,000,000,000.00 |
| Percentage Allocation at TGE | 3.00% | 27.00% | |
| Percentage of OWN based on total supply | 3.33% | 26.67% | 30.00% |
| OWN Tokens to be released at TGE | $ 6,666.67 | $ 80,000.00 | $ 86,666.67 |
|
Tokens released at TGE:
3,000,000,000.00
|
Circulating Supply:
30.00%
|
Market Cap at IDO Price:
$ 90,000.00
|
|
Market Cap at x10:
$ 900,000.00
|
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