✅ A Token-Based Believers Reward Offering (BRO)
The Believers Reward Offering (BRO) aims to offer a sustainable alternative to Initial Coin Offerings and Security Token Offerings as a new token-based fundraising mechanism. The BRO allows issuers to significantly decrease the pump-and-dump phenomenon, limit volatility, and foster growth by providing equal treatment of all contributors, called “believers.” When you combine the use of stablecoin for investment, the dilution of token distribution over time, and a reward for holding, the BRO offers a sustainable new way to raise funds without suffering from the challenging issues of ICOs and STOs.
✅ An Additional Bonus for Believers
The TOZ token started to be distributed at the end of the first quarter, just after the crowdlending operation. The Tozex Reward is a stabilization mechanism and a way to encourage long-term holding. The payment of the bonus is dependent on the continued preservation of the TOZ tokens received each quarter until the following quarter. On the snapshot day, each wallet with no withdrawal of TOZ tokens received during the previous quarter will be eligible for the bonus. The snapshot occurs 15 days after the end of each quarter of repayment.
✅ A Reward for Helping the Ecosystem
The platform will submit new, potentially listed crypto assets to the community of users in possession of TOZ tokens after conducting internal due diligence. Each user who is voting will be incentivized directly in the form of TOZ to take their precious time to help the entire Tozex ecosystem select valuable projects.
During the election, the voters will first vest the amount of TOZ tokens to receive VTOZ tokens for voting only at a rate of 1:1. To vote, voters will send their VTOZ tokens to the candidate crypto asset wallet generated by each project owner. The ranking is only the result of the amount of VTOZ sent to the candidate crypto asset wallet. At the end of the election, all VTOZ tokens will be burned, and new ones issued for the next election. The maximum amount of VTOZ tokens per voter will be fixed at 15,000 VTOZ. However, this limit can be reviewed during the evolution of the value of the asset to avoid the creation of a voting pool as much as possible.
✅ Allocation
TOZ token will be allocated to fulfill our strategy and vision. Our project is based on transparency and as fair a distribution of TOZ tokens as possible. The future valorization of our digital asset will be entirely the mirror of our platform’s business activity (crowdfunding launch, trading and listing fees, community voting system) and the BRO reward mechanism. The total supply of the TOZ tokens is fixed at the end of the BRO campaign.
We are at the beginning of the era of the token-based economy, and Tozex will be the cornerstone of its expansion.
