Formation of tokenomics
In the beginning we will provide participants with a mobile application in which for each implementation of the formula, the participant is given a project token in a certain amount, further the participant uses this token as a Governance token DAO in ERA NOVA, administration token, where REAL OFFLINE projects of social character are accepted by voting. Prototype States 2.0.
To fund a project, the DAO can issue cryptographic project assets - tokens, which can then be sold on the open market through crowdfunding. The process of issuing tokens (ICO) is similar in its operating model to the first public sale of IPO shares. Investors can purchase project tokens in any convenient currency: US dollars, euros, bitcoins and so on. The buyer of the token gets the right to resell, gift, or exchange it for a token of another project within the DAO.
We have introduced a Community Token, which is a tool for crowdfunding campaigns to fund good causes.
This token is designed to incentivise the long-term storage of funds in DAO, as project token holders receive additional income on a one-time basis due to successful asset voting for DAO projects. The community token is a work in progress and will be finally launched once the DAO is fully technically formed.
The actual value is assigned to the project token through its integration into the application. As long as the project has value, the token associated with it also has value. The actual value of the token is determined by trading on the open market, which is formed naturally.