Captain Bitcoin — Executive Summary V1.0
Watch Videos, Earn Crypto, Win Bitcoin — October 2020 Update
Introduction: Captain Bitcoin is the entrance portal to the cryptospace. It provides token incentives in both the CAPT token and Bitcoin for users to engage with daily video content. The Captain Bitcoin token economy plugs directly into the DeFi space and is the key to driving crypto adoption to the most exciting projects in crypto.
How it works: Watch video daily, Answer multiple-choice question correctly, Earn $CAPT, Win Bitcoin. (All video content is related to Bitcoin, crypto and blockchain products)
Traction to date: (Since launch on 22 May 2020) : 140,000+ registered users
Tokenomics:
Token Name — CAPTAIN
Token Ticker — CAPT
Initial supply — 2,100,000 (2.1 Million)
Daily Emission — 21,000 / day (21k / day)(reducing by 21% every 32 days)
Community Distribution — 90% of the daily mine
Staking Rewards — 30% of the daily mine
Team Distribution — 10% of the daily mine
Max Token supply — 5,300,000
Token contract — ******** NEED TO ADD NEW ONE HERE ********
Holding CAPT awards you the following:
- Acts as digital raffle tickets in the daily bitcoin draws. The more CAPT you hold, the higher the chances are you win Bitcoin
- Ability to vote on proposals on how to advance the platform : Snapshot.page
- Advertisers use CAPT to earn higher placement in the daily video feed
- Access to exclusive deals in the cryptospace.
- Exclusive access to uniswap token pairs with advertiser partners on the Captain Bitcoin platform
- Earn Staking rewards
NO TEAM ALLOCATION FROM PRE-MINE. NO PRESALE WAS HELD. NO ICO WAS HELD. EQUITY INVESTORS GOT NO PREFERENTIAL TOKEN ALLOCATION. NO ICO WILL EVER OCCUR.
Token Distribution: Based on daily activity on the platform. Along with the deflationary nature of the token, as the number of users increases, earnings reduce per user, adding additional token deflation based on usage and activity.
Additional Information:
Token Supply Curve:
Staking rewards simulator:
- Note: The staking rewards are constantly updated based on the number of tickets staked and daily emission rate.
- Tokens required per ‘Ticket’ — Stake= 2,100
Adoption and distribution over the first three weeks of BETA:
