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GLOBAL Token

πŸ—ž General Information

Ticker Symbol: GLB
Chain: Binance Smart Chain (BEP-20)
At the moment, GLOBAL is an inflationary token with no max supply.
Our goal is to transform GLOBAL into a very low inflationary token as the project progresses and more deflationary measures are implemented. Emissions will be reduced constantly over time and we will introduce as many burns as possible to achieve more burning than minting.
We understand that community members could be concerned about our tokens not having a hard cap. However, think about Bitcoin or Ethereum until now: they are still inflationary. Coins are created in every block. What really matters is inflation decreasing over time and keeping pace with the number of users and the utility that the coin has.
At its core, BeGlobal.Finance is a decentralized exchange. One of our plans is to encourage users to provide liquidity in our farms/vaults.
And to create incentives, block rewards are necessary. However, more and more burning mechanisms will be implemented.
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πŸ“Š GLOBAL price and distribution

After a launch strategy shift, $GLOBAL will be priced in $BNB.
Whitelist presale: 4700 $GLOBAL/$BNB.
Public presale: 4350 $GLOBAL/$BNB.
Launch: 4100 $GLOBAL/$BNB.
Distribution is as follows:
On sale: up to 7345$BNB ~ 33.000.000 $GLOBAL. This is liquid supply.
Marketing and ecosystem: 9.000.000. These tokens will be awarded to $GLOBAL holders through different mechanisms (locked vaults rewards, promotions...). Only $GLOBAL investors will receive these tokens. This is partially liquid supply as it will be shared among holders over the first months of BeGlobal launch.
Growth: 80.000.000. These tokens can ONLY be used/sold to investors supporting the long term vision of BeGlobal. The funds received will be used to carry on developing the ecosystem (operations and marketing). Tokens will be released vested. This is not liquid supply. Growth allocation tokens can only be sold if the impact for BeGlobal is large and the expectation is to add an important boost of value to BeGlobal.
Team: 50.000.000 (locked for 36 months). These tokens are available (after the locking period) to keep the team highly motivated and/or to hire talented people to work for BeGlobal. This is not liquid supply.
Funding capital and black VC: 8.000.000. Used to pay for the initial push with Certik Audit and marketing. Partially liquid supply.
Initial liquidity: it will be deducted from Marketing and ecosystem. Liquid supply.
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πŸ“ˆ GLOBAL Emission

The initial emission rate is 125 $GLOBAL/block. The exact emission reduction will be published once we have been in the market for a few weeks and we can see how our positioning us. At the same time, we might intervene and reduce emissions if necessary.
The team receives less than 10% of the rewards and they will be used for burning tokens or to incentivize the BeGlobal ecosystem. We don't plan to use $GLOBAL tokens minted to the team EVER unless there is an exceptional situation that justifies it (and you will always know about it in advance).

βš™οΈ Utility

One of the main concerns from many investors is if the token has some utility. Most farms use their token as a simple governance tool and it doesn't look like this is a big issue after all, as many in the space are successful. However, we understand that we are new here and we need to add more value on top. That's why we have thought of different utilities for $GLOBAL:
    You can stake $GLOBAL and earn other tokens. Those ones will come from the swapping fees as well as projects approaching us to distribute their token.
    With $GLOBAL, we will transfer the governance to exclusive and unique NFTs. It means that $GLOBAL will be the way to achieve NFTs in our ecosystem. You won't be able to get those NFTs any other way. We plan to distribute the NFTs through staking $GLOBAL and doing snapshots during an extended period of time, rewarding investors commitment to the project.
    We plan to carry on developing the NFT ecosystem as well. We are specially interested in the gamification and exclusivity that they can bring to investors. Alike governance, they will only be minted staking $GLOBAL for a period of time.
    If you check our roadmap, our plan is to integrate as many DeFi features as possible. We aim to use only one token for all the features: $GLOBAL. Everything we develop will use $GLOBAL when possible. Anything you might want to obtain in our ecosystem, will be through $GLOBAL. Furthermore, all fees to improve the ecosystem will be used burn $GLOBAL.
    Finally, and even if this is not 100% confirmed as of the time of the writing, we are in touch with a few gamification, monetization and game development experts. Depending on the team's capacity and at community's decision, we can allocate resources towards GameFi, where $GLOBAL will play a very important role.

🐳 Anti-whale mechanism

The token includes an anti-whale mechanism to prevent attacks along with extreme disruption of the liquidity.
Last modified 10d ago