How well-informed are you on the cryptocurrency you want to buy? Do you feel confident that you understand the big picture, the features, and the inner workings of the project? In today’s Web3.0 era, what aspects add to a great deal of potential?

We’ll be discussing tokenomics today, one of the key considerations in selecting whether or not to continue with a project.

Simply described, tokenomics refers to the economic components of digital tokens. The creation and distribution of a token, its supply and demand, its release schedule, and its burn schedule are all examples of events and circumstances that might affect the utility and value of a token.

Tokenomics is an important part of conducting fundamental research on a cryptocurrency project.

Tokenomics is just as important as the whitepaper, team, plan, and community size when evaluating a blockchain project.

A carefully crafted tokenomics helps to ensure the project’s long-term viability.

What are the essential components of tokenomics? Let’s take the NDB token as an example and look at it together.

Token Supply

The primary factors influencing the price of any good or service are supply and demand. The same is true for cryptocurrency.

There are several key metrics for determining a token’s supply.

The first is known as maximum supply. It means that there is a limit to the number of tokens that can exist during the lifetime of this cryptocurrency. The total supply of NDB tokens is 1,000,000,000,000.

However, you should keep track of how many tokens the issuer intends to burn. In the case of the NDB token, 45% of the tokens will be burnt, reducing the actual supply below the maximum.

It should be noted that some tokens do not have a maximum supply.

The second factor is the circulating supply, which is the number of tokens in circulation.

Utility Token

Token utility refers to the use cases that have been designed for a token.

NDB is determined to provide access to the NDB ecosystem and enables the acquisition of some of its utilities, such as NFTs in NDB City, Nyyu, and Charenji.

Token Allocation

Aside from supply and demand, it’s critical to consider how tokens are allocated.

Individuals and large institutions behave differently.

Recognizing what types of users hold a token can provide insight into how they are likely to trade their tokens, which will affect the token’s value.

We have already covered the NDB token Allocation in this article. Follow the link to learn more about how we allocated NDB tokens.

Burning Schedule

Many cryptocurrency projects, including NDB Money, regularly burn tokens, which means permanently removing tokens from circulation and increasing the token’s scarcity.

45% of the NDB token’s maximum supply will be burned over the next 20 months. Deflation occurs when the supply of a token is reduced. Inflationary behavior occurs when the supply of a token continues to grow.

Release Schedule

To ensure the project’s long-term stability, crypto projects develop a release schedule for tokens. A well-developed release schedule helps to avoid unexpected developments, such as sharp price declines due to a large supply of tokens.

The two main factors that users must consider are Cliff and Vesting.

Cliff is known as the period of time that must pass before the token begins to vest. The duration of the cliffs can vary depending on the purpose of an allocation.

For instance, in the NDB tokens allocation, the Burn cliff is set to 0, indicating that tokens will begin to burn immediately. Contrary, the cliff period for Watt (company) is set to 12 months, meaning that tokens allocated to the company will not be released until after this time.

Vesting refers to a process by which tokens are locked and released slowly over a certain period of time after the end of a cliff. As this release takes place progressively, it mitigates any uncertainties in markets that are caused by a sudden supply of a large number of tokens at a single point of time.

In this table you can explore our Token Allocation and Release Schedule:

Let’s dive deeper and consider each allocation precisely. The largest number of tokens are set for Burn — 45%, which are scheduled to be burned within 20 months.

The next portion of tokens are allocated for Private Sale with a cliff period of 12 months and a vesting period of 20 months, meaning that after the expiration of the cliff, a certain number of tokens purchased at the pre-sale will be unlocked and available to users each month during the vesting period.

Ten percent of tokens are allocated to Marketing, Rewards, and Liquidity Management. The tokens will be vested over the course of the next ten months, with the cliff set at 0.

Watt (the Company) and the Ecosystem and Consultants will hold 8% and 5% of tokens, respectively, with the longest vesting period, 50 months, beginning after the cliff period of 12 months.

Listings and Charity are each allocated 1% of the total supply of NDB tokens. The tokens allocated for Listings will have a vesting period of 10 months with a 0 cliff, while tokens allocated for Charity will have a cliff period set to 24 months and a vesting period of 50 months.

If you want to learn more about the role of token allocation, read our previous article by following this link.

Users should pay attention to the company’s release schedule because it limits the development team’s ability to withdraw funds.

You can also read our whitepaper to learn more about NDB’s tokenomics.

How did it start?

The Bahamas-based crypto exchange FTX filed for bankruptcy in Delaware, US, on November 11, 2022, becoming one of the biggest scandals in the crypto industry in 2022.

The story began on November 2, when CoinDesk revealed in an article that Alameda Research, a trading firm run by SBF, held a $5 billion position in FTT (the native token of FTX). According to the report, Alameda’s investment foundation was also in FTT, the token created by its sister company, rather than in fiat currency or another cryptocurrency. These facts sparked widespread concern in the community about the viability of SBF’s businesses.

Following the collapse of Terra (LUNA), Binance announced on November 6 that it intends to sell its entire position in FTT, valued at approximately USD 529 million, due to risk management.

The CoinDesk report resulted in an immediate increase in FTX withdrawal requests worth approximately USD 6 billion, while the FTT price fell by 80%. After failing to find funding from venture capitalists, Bankman-Fried turned to Binance.

Binance announced on November 8 that it had reached a non-binding agreement to acquire FTX’s non-US business. However, on November 9, Binance declared that the deal had been canceled following due diligence.

Following news that Bankman-Fried was seeking up to $8 billion in capital to bail out the exchange, the Bahamas securities regulator froze the assets of FTX Digital Markets, FTX’s Bahamian subsidiary, on November 10.

The California Department of Financial Protection and Innovation announced the same day that it had opened an investigation into FTX.

The same day, Bankman-Fried apologized for the liquidity crisis and admitted on Twitter that FTX’s non-US exchange did not have enough funds to meet customer demand.

Government connections

Following the news, the crypto community and news outlets launched an investigation into the misappropriation of FTX users’ funds, which resulted in the discovery of potentially the largest money laundering involving the US and Ukrainian governments.

As many news outlets, including Fox News, have suggested, the US administration provided billions of dollars to Ukraine in the form of military and humanitarian aid, which were used to partner with FTX, and later SBF donated the money to the US Democrats, becoming their second largest donor at the 2022 elections with nearly USD 37 million donated.

SBF previously donated over USD 5.5 million to Joe Biden’s 2020 presidential campaign.

Aside from that, FTX.US contributed another USD 45 million to Democrats and more than USD 20 million to Republicans.

That is an undeniably murky situation that authorities must investigate, especially given that between USD 1 billion and USD 2 billion in customer funds have vanished from the failed crypto exchange.

According to Reuters and The Wall Street Journal, Bankman-Fried, now the ex-CEO of FTX, transferred $10 billion in customer funds from his crypto exchange to Alameda Research, a digital asset trading house.

What does this mean for the cryptocurrency industry?

The events that were discovered shocked the crypto community and are still being investigated. However, the impact of the revealed fraud is more profound than at first glance suggests.

Bloomberg has provided the following chart to illustrate the relationship between the FTX group and other companies:

What are the ramifications?

The situation is already having a significant impact on the industry, undermining users’ confidence in any blockchain-related project.

Following the demise of FTX, users are now concerned about the crypto.com exchange, which has resulted in a high withdrawal rate, according to The Wall Street Journal.

In the aftermath of FTX’s collapse, Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, has temporarily suspended redemptions and new loan originations.

Genesis revealed that its derivatives unit had approximately $175 million in locked funds in its FTX trading account, and withdrawal requests exceeded Genesis’ current liquidity.

Galaxy Digital (GLXY), a crypto-focused financial-services firm, also disclosed that it had approximately $76.8 million in cash and digital assets exposed to FTX.

In response to the market collapse, Binance CEO CZ announced on November 14, 2022 on his Twitter account that the company is forming an industry recovery fund to assist projects that are otherwise strong but are experiencing a liquidity crisis.

While waiting for more information, CZ encouraged other industry players to join this initiative.

How can crypto users secure themselves?

1. First and foremost, always DYOR. This is the first and most important rule of the cryptocurrency industry that many of us ignore. We recommend that you review the Risk Factors section of our Whitepaper once more. Keep this in mind and carefully consider each decision you make.

2. Interact with the project’s team. Communication is the simplest way to understand someone else. Examine how the team members respond to you. Remember that while every crypto project may face difficulties, especially when the market is down, not everyone can openly admit it and take the necessary steps to rectify the situation.

3. Research the market. As previously stated, crypto is a risky field that necessitates specific knowledge and expertise. It is critical to stay current on the latest trends and developments in order to predict potential outcomes.

We hope this article was informative and shed light on the current situation.

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Stay safe,

NDB Money

The second round of the pre-sale of the NDB token officially started on November 10, 2022, and already has its first buyers.

NDB is a utility token that provides access to NDB ecosystem and allows the acquisition of some of its utilities, such as NFTs in NDB City, Nyyu, and Charenji.

In the second round, 250,000 NDB tokens are available for purchase at the price of USD 0.011 per token. The round lasts for 30 days and will be available to everyone willing to agree to the Terms of Use of NYYU, UAB, except persons who are not eligible for purchase according to the Whitepaper.

The users can benefit from the Invite & Earn program and receive up to 60% reward from the first purchase of their invited friends.

CoinMarketCap Community is a social platform that assists in the development of better relationships between the project and its supporters. It allows for the posting of updates, articles, and announcements, as well as communication between the project and its users.

A blue verified badge is a well-known way to distinguish and authenticate an account that piques the public’s interest and can be trusted. The blue verified badge is intended to help our community establish a strong foundation of validity and verifiability.

We encourage everyone to join us on CoinMarketCap Community to stay up to date on upcoming updates and events.

Follow the link https://coinmarketcap.com/community/profile/ndbmoney and we’ll see you on CoinMarketCap.

That is why, over the past several months, we have been working hard to enhance some of the project’s features in order to make your experience with blockchain and cryptocurrencies as exciting as possible.

We are delighted to share with you some information on our token allocation.

The proper token distribution concept is what may make the project both beneficial and trustworthy. We decided to shift the attention towards burning almost 50% of the max supply and reduce the portion that goes to the company and ecosystem. Additionally, we increased the amount that will be used for marketing and rewards.

The new Token Allocation is now as follows:

What does it mean:

• A high burn rate suggests that there will be fewer tokens in circulation. As a result, affecting the price of NDB over time;
• Fewer tokens for Watt (Company) and the ecosystem means that users will have more control over the token performance; and
• More tokens for marketing and rewards imply that users can now earn more tokens by participating in various activities.

This brings us to one of many improvements that we would like to outline for you.

Subscribe to our social media to not miss upcoming updates.

Energy is one of the most important resources and is vital for the maintenance of economic development and citizens’ well-being. Any disruption in the energy supply implies a threat to the stability of a country or a region.

The world is facing the most impactful energy crisis over the last decades. In this article we will dive into the reasons and consequences we may face, and also consider a possible solution that the NDB ecosystem has to offer.

First of all, let’s dive into what has caused the energy crisis.

As everyone remembers, the beginning of 2020 was associated with a massive spread of COVID-19 across the world. Restrictions and lockdowns have affected every country causing a massive drop in manufacturing production. UNIDO identified a slowdown in manufacturing output already in Q1 2020 due to the spread of COVID.

The massive spread of COVID-19 started in February, prompting the implementation of stricter measures and a more dramatic decrease in the production level. As a result of the COVID-19 interruptions, many countries had to make up for the lost time. This led to higher energy consumption as more power was required to fulfill higher output targets. Leading countries in energy consumption such as China, the USA, Russia, and India keep growing their demand after 2020, and this trend is not going to change.

The second reason is the latest sanctions imposed on Russian oil and gas and the following shortage in the supply of natural gas. It is evident that the world is not yet ready for the transition to renewable energy sources such as wind, solar, or hydropower. According, to Eurostat, in 2020 the total share of electricity produced by oil, gas, and solid fossil fuels (such as coal) was almost 70% against only 17.4% coming from renewable energy sources.

In addition to that, the Nord Stream One pipeline supply volume was cut to only 20% of its capacity. Thus, the EU put itself into a deadlock where it is unable to provide energy sources to generate enough electricity, creating a shortage in its supply and as a result, increasing the price. The situation does not seem to become better, as Gazprom announced the closure of the Nord Stream 1 pipeline for three days for maintenance repair starting August 31st. Moreover, there is a fear that this maintenance will result in a full closure.

So, as we find out the reasons for the energy crisis, Business Insider provided rather impressive data on the research they performed comparing energy prices over years in Germany. According to their study, the price of MW per hour on August 23rd was EUR 640, which is 1400% more than the average price for the period of 2010–2020. Accompanied by the fact that the EUR-USD exchange rate reached its 20-year lowest level, the EU countries may struggle to recover from the shortage of the energy supply.

With the given circumstances the outcomes could be destructive to the economy. The annual EU inflation rate in June 2022 was 8.6% against 1.9% in June 2021. In the UK, consumer price inflation is predicted to reach 18.6% in January 2023. While the ECB raises the interest rate, the citizens feel intense, and people seem to be nervous about the prices situation.

Should we mention that with increasing inflation, and the growth of electricity prices, the likelihood for small and medium business owners to go bankrupt slowly turns to be a reality? We think it is quite obvious, and the fact that many people cannot afford basic living costs became obvious.

So, what should be done when prices are entirely dependent on the decisions of policymakers who are unlikely to face the same problems as ordinary consumers? We believe decentralized energy distribution as an up-and-coming model can bring sustainable energy to all by delivering economic and practical benefits to both customers and producers.

Watt is the solution to the problems imposed by centralized systems such as the transmission of electric energy over long distances, cost expansions, air pollutant emissions, waste generation, and more. A decentralized energy system is characterized by generating energy as close to its use as possible. Accessible plug-and-play technology allows consumers to consume energy as they need it.

Decentralized energy is the transformation of the distribution of energy as we know it, having the potential to cross the lines between supplier and consumer and establish solid and smart connections between supply and demand. The energy can also be generated through a decentralized energy system where it is used rather than at the large-scale centralized facility, leading us toward smart generation, storage, and energy consumption.

July 12, 2022, the DigiFinex exchange, which has a daily trading volume of around $1 billion and is recognized as one of the highest profile exchanges by CoinMarketCap, announced the listing of the NDB token.

The price of the NDB token skyrocketed following its continued presale on the Nyyu exchange, which drew a lot of attention from the crypto community, including other platforms. Nonetheless, NDB tokens are still available on Nyyu at a set discounted price, although they have a 6-month lock-up term. As a result, NDB’s large fan base may now trade the currency pair with USDT. Additional trading pairs will be released in the near future.

The listing on DigiFinex came with the trading activities. The token’s daily trading volume grew to $469k in less than 24 hours and has continued to rise.

It’s no wonder that the NDB token has gained so much traction among cryptocurrency enthusiasts. According to DigiFinex’s announcement, “NDB Money, a company backed by Nano Diamond Battery (NDB, Inc.), a leading company in the development of nuclear batteries, develops a monetary reform that decouples monetary and credit functions. Such a function would use current and future energy supplies to adjust the money supply. For a larger-scale sustainable energy transition, NDB energy-referenced currency plays a key role.”.

Dr. Nima Golsharifi, the CEO of NDB, which has recently received a government award said: “We have been working on the NDB ecosystem for the last several years, and our ultimate objective has always been to ensure its viability. Globalization necessitates an immediate and forceful change in the way energy sources are managed. Because of this, the NDB Ecosystem has been established.”.

According to the whitepaper, NDB and Watt tokens are two forms of energy-related tokens that enable access to the company’s ecosystem and allow for the acquisition of its utilities.

Specifically, the newly launched NDB token serves as a way of accessing the NDB ecosystem and may be used as an e-currency to purchase some of its services.

The NDB has succeeded in getting a lot of support, and the ambitions detailed in the whitepaper have placed it on the list of favorites for many crypto adopters, and without a doubt, at the top of the most promising crypto ventures in the last five years.

About NDB Money

NDB Money (Watt Green Inc.) is an establishment for the development of energy-backed or referenced blockchain systems that can be used to realign the financial world with the physical world. NDB Money was established with the vision of sustainability and transparency. The Watt blockchain provides access to Nano Diamond Battery’s ecosystem and allows the acquisition of its utilities.

Belka and Strelka are here to introduce themselves.

Greetings, we are Belka and Strelka, your NDB Money pals. We’re here to answer your questions and keep you up to speed on the project’s progress.

Are you curious about who we are? This is our first meeting, so here we go: We are called after legendary dogs from the 1960s, the era of space exploration. Belka and Strelka were the first dogs to go to the moon and back when humans were still daydreaming of such a feat.

Soviet scientists spotted these two stray dogs and adopted them to be prepared for a space mission. Scientists believed that stray dogs were more able to cope with stressful settings than other animals. Before they were ready for the mission, Belka and Strelka had to go through a rigorous training regimen.

Belka and Strelka were flown to orbit on August 19, 1960. They were joined by a rabbit, 42 mice, two rats, flies, and a variety of plants and fungus. All of the passengers made it out safely.

They are one of the most well-known and revered animals in history since they were the first to go into space and return to Earth unharmed.

Although courageous and gallant, this expedition was highly challenging.

It was here at NDB Money that we received help and attention. We were rescued from the rigours of training by the love and support that we have received.

One of our aims is to help, therefore we’re seeking for new buddies to provide them with what they really need: companionship and care.

It is NDB money’s sincere hope that sometime in the future, we will be able to accomplish our larger goal of making Earth a pleasant home for all living things on the planet and those yet to arrive.

If you share our passion, Belka and Strelka’s limited Solana NFT collection is available on OpenSea and soon Nyyu Marketplace.

NDB Money is exploring energy-referenced monetary solutions.

Over the last two years, we’ve been working on the NDB ecosystem. With the objective of making power accessible to everyone, we’ve been working on our solutions and figuring out the best method to get there.

The energy metaverse, the DeFi Social Network, the NFTs, and a slew of other projects have benefited from our years of effort.

We’re thrilled to announce the upcoming pre-sale of NDB tokens today.

Through the use of this cryptocurrency, one may get entry into the ecosystem as well as purchase some of its essential services like the NFTs in NDB City, Nyyu, and Charenji.

Starting at 13:00 GMT Thursday, 9 June 2022, 50,000,000 NDB tokens will be made available at a price of 1 cent per token in the first round of presale.

At the pre-sale, we hope to see you at Nyyu.

Getting a high score for security on a CertiK audit is a feat that only some of the most secure and well-established coins in the crypto universe have pulled off so far.

Add to that list the new NDB Token, which garnered a whopping 93 points out of 100 on the blockchain security experts’ Skynet security scale — not bad for a token that hasn’t even gone on pre-sale yet!

What’s more, our CertiK ranking is so high that we’ve broken into the top 150 before even going on sale — placing at #117.

The audit found zero critical issues, and we’ve moved to address all of the (mostly minor and informational) wrinkles the audit report turned up.

With a pre-sale coming up, we want to make sure all the Is and Ts are dotted and crossed before the token hits the virtual shelves!

The NDB token scored particularly high in the following areas:

• Social Sentiment (described as “positive” in the audit)
• Governance & Autonomy (the auditors called this “strong”)
• Market Volatility (we got a judgment of “robust” for trading volume, liquidity, and depth)

You can check out the full CertiK audit overview here and the whitepaper is available here.