Bit.Country
  • Welcome
  • Whitepaper 0.7
    • Overview
    • Inception
    • Background
    • New Problem & Solution
    • Point of Difference
    • Opportunity of The Century
    • Design Goals
    • Common Entities
    • Continuum
    • Your Metaverse
    • NFT - Non-Fungible Token
    • Land Economics
    • Network Currency - NUUM
    • Bit.Country Pioneer - NEER
    • BIT & Campaign
    • Governance
    • Target Audience
    • Official Links
    • Disclaimer
    • Change Logs
  • Metaverse App Network
    • Overview
    • Security Audit Report
    • Key Components
  • Testnet
    • Testnet $NUUM
    • Run a testnet node
    • Get a Wallet
  • Popular Links
    • Bit.Country
    • Metaverse App Network
    • Brand Pack
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  • Total Supply
  • Vesting
  • Staking & Liquidity
  1. Whitepaper 0.7

Network Currency - NUUM

Bit.Country's native currency

PreviousLand EconomicsNextBit.Country Pioneer - NEER

Last updated 1 year ago

NUUM is the native coin on the entire platform and it is the coin for metaverse.network protocols.

At a glance, $NUUM can be used for:

  • Staking for materials BIT and healthy platform

  • Universal currency for purchasing resources. e.g. Land Blocks

  • Advertising & Promotions

  • Gas fee for transactions

  • Purchasing virtual dApp from the store

  • Trade on the marketplace

  • Currency exchange

The Metaverse.Network Continuum stands as the mainnet that is pivotal for growth and broader adoption.

Total Supply

NUUM - 1 Billion

Vesting

Description
%
Vesting

Founding team

20%

17% for the founding team 18 months lock, linear release over 24 months. 3% Gifted to Odyssey Participants who lock the original amount for 10 months. This portion is linearly released over 10 months. (2% unlocked at TGE, 1% more to be unlocked by the council if necessary)

Seed investors

17.30%

12 months lock, linear release over 24 months

Future investors

7.70%

12 months lock, linear release over 24 months

Ecosystem programs

5%

18 months lock, linear release over 24 months

Whitelist sales

8%

30 days after TGE

Campaign Based Airdrop

2%

TGE

Foundation

12%

18 months lock, linear release over 24 months

Marketing

20%

2% at TGE and Linear over 36 months

Hackathon Program

5%

Linear over 36 months

Future Employee Incentives

3%

18 months lock, linear release over 24 months

Staking & Liquidity

We consider a staking protocol for incentivizing good community behavior whilst discouraging bad behavior. This ensures the network stays reputable and protected.