Ikan Bilis; Platform To Learn And Proficient In Trading Various Assets

aray80 (0)(1)in #ikanbilisdao • 3 years ago

About Ikan Bilis

Ikan Bilis was conceived to be a fair and open platform for new traders to learn and be adept at trading various assets. Through the platform, new traders will first pick up trading and rack up trading experience in a controlled environment. Upon successful evaluation, traders will be given an actual fund to trade where they will earn a commission from making profitable trades.

Their access to trading will be tiered with tradable NFTs (non-fungible token) with each tier dictating their percentage commission and the size of their trading fund. A in app currency $HERR will be issued to all successful challengers as incentive to drive social good in the community. This token can be exchanged for the governance token $IKAN which will drive decentralized decision making amongst our community of traders.

Ikan Bilis DAO

Will run as a DAO. All decisions that concern ecosystem participants and stakeholders are put through a vote and decided on by the community by holding the $IKAN token.

Incentivizes community growth and interaction through the use of $HERR.

Will start off as a centralised platform with key integration partners such as brokers and data providers and will gradually move to become totally decentralised.

What part does the DAO play in all of this?

We are experimenting with a future proof governance and organisation structure, a new way to run company. One where the lines between sponsors and the consumer of the service are blurred and the agency dilemma between principal and agent is reduced. We hope to be able to do this through crypto-economics.

It is the social currency of the Ikan Bilis DAO that will be used to fund community initiatives, reward behaviour for the social good. More community driven features will be up and coming for this token but for now these are the use cases for the token.

Fees: Pay for goods and services on the platform
Reward: Incentivise activities for the social good on the DAO
Staking: Stake HERR to govern use of the treasury
Bonus & Incentives: Incentivise loyalty with a bonus payout structure
Budget Proposal: Submit a community budget proposal for 1 HERR
Liquidity Pools: Provide liquidity for DEXes between crypto assets

Tokenomics

$HERR

The token token supply will be capped at 1,000,000,000 tokens, 20% of which will be sold in an ILO fair launch offering on Unicrypt. There is and will be no seed or private rounds raised prior to the ILO in order to stay true to the ethos of Ikan Bilis DAO.

Name	HERR
Symbol	HERR
Contract Address	0xaed5E14D8c1c264B21289a238496D7b5840c9013
Decimal Place	18

Distribution

Foundation/Team	10% with ten years lock up
Advisors/Marketing	25% with lock up over ten years
Liquidity/Listing	10% (liquidity locked on PancakeSwap)
Community Reserve & Treasury	50% (with lock up over ten years)
Initial Liquidity Offering	3% with one month lock up
Bounty/Airdrop	2% with one month lock up
Launch Price	$0.01