NoleCoin Vault — Asset Transparency

NoleCoin
NoleCoin
Sep 16 · 5 min read

NoleCoin Vault

In continuation to our value system of building an eco-system based on trust, transparency and mutual growth, we are pleased to announce the launch of our new initiative: The Nole Vault. The objective of the NoleVault is to provide:

Greater Transparency

Build Value of the tokens ($NOLE & $AMSK)

Manage organic growth of token economics

Further, strengthen the future roadmap.

NoleCoin on Play royal: https://playroyal.com/exchange/NOLE-TRX (20.30)

NoleCoin on Tronwatchmarket: https://tronwatch.market/trade/TPt8DTDBZYfJ9fuyRjdWJr4PP68tRfptLG-TRX

NoleWater on Tronwatchmarket: https://tronwatch.market/trade/1001699-TRX

Tokens: NoleCoin NoleWater

Ticker $NOLE - $AMSK

Total Supply 1 Million - 10 Billion

Circulating Supply 200K - 1 Billion

Frozen Till Jan 2021 500K - 8 Billion

Annual Max Release from 2021 50K 1 Billion

Burn 5% of NoleLegend Economy

Freeze: As mentioned in the grid above, 50% of NoleCoin and 80% of NoleWater will be frozen in the Vault till 1st January 2021. Post the freeze date only 50K $NOLE and 1 Billion $AMSK we be released on an annual basis. So it will take approx 10 years for the full supply to come into circulation.

There is a reserve of 1 Billion AMSK while it will only be released if the need arises for the NoleLegends in-game economy.

We Plan to run the NoleLegends economy with the supply of 1 Billion in 2019–20 thus providing good value appreciation opportunity for the players as the count of users grows.

Burn: 5% of the monthly NoleLegends AMSK used in the game will be sent to burn address thus further reducing the supply and helping in increased valuation. Similarly, 5% of the NoleCoin used in the game for purchasing rare legends/tools will also be burnt.

Earning AMSK: Will only be possible with NoleCoin dividend program as mentioned below:

Dividend Token: We wanted to run NoleCoin on the philosophy of PoS (Proof of Stake) protocol where the community earns basis the holding of the coin/token they have. TRON also follows PoS protocol. The PoS concept is implemented in the Nole ecosystem by the virtue of NoleWater dividends. Every community member who holds NoleCoin gets monthly dividends as per the below-mentioned grid.

So anyone Holding 100 or more NoleCoin gets a dividend for every coin held basis the multiplier mentioned above. For eg someone holding 10000, NoleCoin will get 200000 NoleWater tokens every month. To further enhance the value of the dividend received; amazing use-case for NoleWater is been built simultaneously through the upcoming Dapps NoleLegends where the underlying currency for the complete game will be NoleWater. As the game expands its player base the dividend valuation will increase further.

Further, it is of great incentive to the NoleLegends players to hold NoleCoin and receive dividends as they will be able to use the NoleWater received in the game for various purposes like watering the plants, buying legend seeds, buying spells, etc. The short term goal is to have 25000 people playing the game within 12 months of game launch.

www.nolelegends.com

Further UseCase for NoleCoin:

⦁ Philanthropy: The core philosophy of the NoleCoin project is to use blockchain in the domain of Charity and NoleCoin acts as the underlying currency for the initiative. People across the globe can contribute to the charity of their choice in just a few seconds by using the $NOLE token. Team NoleCoin has already conducted 3 successful fundraising events and at the time of writing this article is in the process of executing its fourth article. As the awareness spreads about NoleCoin Project transparency, ethics and caring heart more charities will get onboard.

⦁ NoleLegends: While the currency for NoleLegends will be NoleWater there will be few surprises like a superpower or an amazing new limited edition legend available through NoleCoin.

⦁ NoleCoin Support: It is a new upcoming service where consumers can buy execution or consultancy services like Smart Contract set-up, Swap Tools, Marketing, Whitepaper writing etc in exchange for NoleCoin and NoleWater.

⦁ Merchandise: The merchandise section is like now on the official website- https://ksumnole.org/ and a lot of cool stuff can be picked using NoleCoin. This section will keep innovation and expanding as we progress.

The total supply of NoleCoin is ONLY 1 MILLION, that’s even lesser then what Bitcoin has. The Vision is to have 10000 users of the dividend system i.e holding a minimum of 100 tokens each. Once this happens not only with the valuation grow exponentially but also the complete supply will be in circulation. TRON ecosystem currently has about 3.6 million users out of which once 0.3% of them understand the value proposition of holding minimum 100 NoleCoin Tokens we together would have achieved the first stage of our Vision. Considering the basics of supply and demand the valuation can grow anywhere from 2X to 100X.

If you already holding NoleCoin then pls spread the word around and help your friends gain access to minimum 100 NoleCoin; if you are not holding any NoleCoin this is where you can buy it from-> https://play.goc.network/market/#NOLE-TRX

#SpreadHappiness

Let's stay in touch!

🔗Useful Links:

Website: https://ksumnole.org/
Facebook: https://www.facebook.com/ksumnole
Telegram chat : https://t.me/NoleCoin
Telegram Updates: https://t.me/NoleCoinupdates
Instagram: https://www.instagram.com/ksumnoletoken
Twitter: https://twitter.com/NoleCoinNOLE
Youtube: https://www.youtube.com/channel/UCfzGhUqbV-9cTnBJX3kbduA

www.nolelegends.com

https://t.me/NoleLegends

NoleCoin

Written by

NoleCoin

ksumnole.org — nolelegends.com

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