Genesis Box NFTs Programme
Genesis Box Details:
Total Supply: 10,000 unique Genesis NFTs
Distribution: Initial Community Offering
Utility: Multi-dimensional value capture for early supporters
Rarity Tiers: 5 tiers with escalating benefits based on rarity
Rarity Distribution:
Common (50%): 5,000 NFTs
Uncommon (25%): 2,500 NFTs
Rare (15%): 1,500 NFTs
Epic (7%): 700 NFTs
Legendary (3%): 300 NFTs
Genesis Box Benefits:
Revenue Sharing: 10% of all platform revenue distributed proportionally to Genesis NFT holders
Loyalty Rewards: 10% allocation of total token supply (1,000,000,000 COBOX tokens) reserved for Genesis NFT holders
Governance Weight: Enhanced voting power in platform governance decisions
Exclusive Access: Priority access to premium land, features, and events
Staking Multipliers: Enhanced yields when staking COBOX tokens
Unsold Genesis Box Treatment:
Burn Mechanism: For any unsold Genesis NFTs, an equivalent proportion of the 10% token allocation will be permanently burned
Calculation Method: Each unsold NFT results in burning (1,000,000,000 ÷ 10,000) = 100,000 COBOX tokens
Verification Process: Burn transactions will be publicly verifiable on-chain
Impact: Reduces total supply, creating additional value for existing holders
Timeline: Burn event will occur 30 days after the conclusion of the Genesis Box sale
Genesis NFT Holder Benefits Detail
Revenue Sharing Model
Genesis NFT holders collectively receive 10% of all platform revenue, distributed proportionally based on NFT ownership and rarity tier:
Distribution Frequency: Monthly revenue distributions
Payment Method: Stablecoin payments to NFT holders' registered wallets
Qualification: Must hold Genesis NFT for entire calculation period
Rarity Multipliers:
Tier 1 (Common): 1x revenue share
Tier 2 (Uncommon): 1.5x revenue share
Tier 3 (Rare): 2x revenue share
Tier 4 (Epic): 3x revenue share
Tier 5 (Legendary): 4x revenue share
Loyalty Token Rewards
Genesis NFT holders receive allocation from the 10% of total token supply reserved as loyalty rewards:
Total Allocation: 1,000,000,000 COBOX tokens (minus any burned tokens from unsold NFTs)
Distribution: Claimable during Token Generation Event (TGE)
Vesting Schedule: linear unlock over 12-month period
Allocation Method: Proportional distribution based on Genesis NFT holdings and rarity tier
Deflationary Effect: Unsold NFT allocation burns increase the relative value of each claimed NFT's token rewards
Deflationary Mechanics
COBOX implements deflationary mechanisms to enhance long-term token value:
Unsold Genesis NFT Burns: Tokens allocated to unsold Genesis NFTs permanently removed from supply
Milestone Burns: Predetermined token burns triggered by platform growth milestones
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