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$OWOW Token Litepaper

6 min read

Litepaper Legal Disclaimer #

The information contained within this Litepaper is intended to convey a general understanding of our proposed Tokenomics. Please note that this Litepaper is a living document, which means it is subject to change. We reserve the right, at our sole discretion, to modify, add, or remove portions of this Litepaper at any time without further notice.

Moreover, in our commitment to transparency and providing the most accurate information, we will regularly update this Litepaper to reflect the most recent developments in our project and the wider regulatory and market context. The changes may reflect adjustments in our strategic direction, responses to regulatory developments, or refinements in our token’s technical design or economic model. We encourage all readers, potential investors, and users to review this Litepaper periodically to stay informed about any changes that may impact our token’s utility or your participation in our network.

Your continued engagement with our project following any modification to this Litepaper constitutes acceptance of those changes. Please ensure that you understand the implications of these potential changes before making any decisions regarding your involvement with our token.

The LitePaper contains references to third-party information that does not constitute legal or investment advice and is for general informational purposes only. Any liability for the content of the LitePaper is excluded. This includes both material and immaterial damage. Use of, and access to, this LitePaper or any of the information or resources contained within the LitePaper do not create an attorney-client relationship between the reader, user, or browser and LitePaper authors, contributors, contributing law firms, or team members and their respective employers. Do not make financial decisions and/or act on information contained in this LitePaper.

Introduction #

The $OWOW (Orbis86 World of Web3) community token, capped at 860 million, will be distributed through NFT rewards, social engagement, and a strategic trading card game, promoting accessibility, engagement, and interactive experiences within the ecosystem.

Tokenomics #

The tokenomics supply is subject to potential changes in the near future, pending a final vote by the decentralized autonomous organization (DAO) to establish a definitive distribution and subsequently freeze it.

Supply #

$OWOW Token is an innovative digital currency with a focus on gaming. It reserves 70% for the gaming community, enhancing user experiences. An additional 5% is allocated for the DAO, ensuring transparency and community-driven decisions. The team receives 5% to foster growth, and 10% is for marketing to drive adoption. Lastly, 10% incentivizes community participation, building a strong network around the $OWOW Token ecosystem.

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Please note that the allocated numbers for the $OWOW Token Supply may be subject to change in the future as the community-focused initiative progresses.

The Orbis86 NFT Ecosystem – Our Collection #

  1. Orbis86 – Main Collection (SENTx)
    Revolutionizing Web3, Orbis86’s unique NFT project introduces lifelike 3D avatars – Orbisons, mergeable into games and metaverses. In-house design studio infuses creativity, resulting in 8686 NFTs featuring 86 Legendaries, 1000 Epics, and diverse Illustrious avatars.
  2. Onboard Hedera by Orbis86 (SENTx)
    Step into Web3’s forefront with our gateway Onboarding NFTs. Join a mission to onboard millions, owning meticulously crafted tokens that embody innovation, creativity, and community-driven exploration of decentralized technologies.
  3. Orbis86 Mint Pass (SENTx)
    The Mint Pass grants holders exclusive membership status, unlocking participation in member-exclusive giveaways and activities.
  4. Orbis86 Melodies (SENTx)
    Unique music clip NFTs, each with its own distinctive tone. These NFTs include audio-ready visual files.

Distribution #

The $OWOW Token Distribution is a community-focused initiative spanning a period of three years. It aims to expand the network of holders, currently standing at 175.0000, to reach a desired count of 10,000.0000. With approximately 1,000.0000 active holders, the distribution process entails the daily allocation of 78,538.8128 tokens, resulting in a weekly distribution of approximately 549,771.6895 tokens.

Distribution Period for Community 3 Years
Token Holders Currently 2500+
Desired Holders 10,000
Approximate Active Holders 1,000
Tokens Distributed per Day 78,538
Tokens Distributed per Week 549,771

Please note that the allocated numbers for the $OWOW Token Distribution may be subject to change in the future as the community-focused initiative progresses.

Taxes #

$OWOW will charge NO TAXES at launch!

Incentivizing Engagement and Collaboration #

The $OWOW token, associated with Orbis86, facilitates an ecosystem of engagement and collaboration within the community. Members are incentivized to actively participate through various activities such as writing blog posts, participating in meme and storytelling contests, and engaging in Crew3 activities. Holding different tiers of NFTs grants access to exclusive rewards, including the Orbis86 NFT, Mintlist Pass, and Music NFTs. Additionally, community moderators ensure a supportive and inclusive environment. With weekly activities and a point-based system, participants can earn rewards and bonuses based on their consistent engagement. The $OWOW token’s multipliers further incentivize active involvement, fostering a vibrant and dynamic community where members are recognized and rewarded for their contributions.

Token Distribution Schedule: August 15th 2023 – December 31st 2023

Totals 10 1600 1670 6700 1000 10000 167000 1670000
Tier 1 - 1-4 NFTs Point/Day/Holder Weekly Points Per Week/Holder Per Holder/Month For 100/Day For 1000/Day For 100/Week For 1000/Week
NFT Hold - Orbis86 Epic   100 100 400 0 0 10000 100000
NFT Hold - Orbis86 Illustrious   50 50 200 0 0 5000 50000
NFT Hold - Mintlist Pass   10 10 40 0 0 1000 10000
NFT Hold - Music NFTs   20 20 80 0 0 2000 20000
NFT Hold - 5x Onboarding NFTs   20 20 80 0 0 2000 20000
Write a blog for Orbis86   500 500 2000 0 0 50000 500000
Meme, Storytelling Contests   50 50 200 0 0 5000 50000
Zealy Activities 10 50 120 500 1000 10000 12000 120000
Buy an Orbis86 NFT from Secondary (One Time)   500 500 2000 0 0 50000 500000
Buy any other NFT by Orbis86 (One Time)   50 50 200 0 0 5000 50000
Community Moderator x 5   250 250 1000 0 0 25000 250000
Tier 2 - 5-9 NFTs Multiplier: 1.2x
Tier 3 - 10+ NFTs Multiplier: 1.5x

The multiplier is applied to eligible Orbis86 NFTs only. For example, if a community member holds 9 Orbis86 NFTs (from the main collection), they will get (14 x 4) + (14 x 5 x 1.2) = 140 $OWOW tokens

Utility #

The Orbis86 token ($OWOW) offers a range of utility features that provide holders with exclusive benefits and access within the ecosystem:

Live #

  1. The Orbis86 Marketplace

    Introducing the $OWOW Token Marketplace, an exciting new platform that has officially gone live! Immerse yourself in a world of unique and captivating NFTs that are now available for purchase.

    NFTs in the store include:
    • Metavision Floppy Pass
    • ADSC Fangs
    • Earth-Packs
    • Onboard Hedera NFTs
    • And Many More

  2. Physical Merchandise Purchases

    Use $OWOW tokens to buy official Orbis86 merchandise. Dive into our Crypto Merch Store – Unveil your style with innovative apparel and accessories. Elevate your fashion with us! From T-Shirts to LED Caps, Bag packs and more!

  3. Discounts on Partner Products
    Enjoy special offers and discounts on partner products and services.

Coming Soon #

  1. Exclusive Online Experiences
    Unlock exclusive, token-gated entry to $OWOW Discord Channels and enjoy Exclusive Airdrops. Venture into members-only virtual experiences, powered by $OWOW tokens.
  2. Gaming Rewards
    Earn rewards in the form of tokens and other in-game benefits while playing your favorite games within the Orbis86 ecosystem.
  3. NFT Customization
    Personalize your digital assets with NFT customization options, allowing you to add a unique touch to your NFT collection.

Liquidity Pool and Staking #

Coming soon.

Team #

Soniya Ahuja

With over two decades of experience in Fortune 500 companies, Soniya is the Founder of Orbis86, an NFT collection promoting diversity and empowering women in Web3. She advocates for AI and ML integration and speaks at international tech forums.

Devin Sumaoang

Devin leads finance and supply chain transformation in higher education and healthcare. As President of WSHMMA, he drives strategic digital transformation efforts and speaks at conferences on digital finance, supply chain, and global trends. He also contributes to healthcare education initiatives.

Metavision

METAVISION, powered by HBAR on Hedera Hashgraph, led by an enigmatic figure, focuses on uplifting, listening, and community good. Embraces love and values loyalty. Pioneering #WEAREMETAVISION.

AKASophie

Hailing from Canada, Sophie brings a wealth of administrative experience across industries. Driven by her passion for local charity work, she delved into web 3 and recognized the logicality of Hedera’s technology and founders.

Conclusion #

The OWOW Community Engagement program rewards active participation and incentivizes NFT holders. Through tiered token distribution, we foster a thriving community that supports Orbis86’s decentralized vision.