COBOX WhitePaper
  • COBOX Universe: Introduction🌌
    • Virtual Canvas: The Foundation of Creation🎨
  • Who we are 👥
  • Problem ⚠️
  • Solution ✅
  • CoboX Uses 🔧
    • For Real Estate 🏡
    • For Eduction📚
    • For Gamers
      • For Creators
      • Creators Economy
    • For Business Growth
      • For Social Influencer
    • For Interconnectivity of Multiple Planets
  • Cobox Studio
    • How To Use
    • Technology
    • Studio SDK
  • 3D Asset Creators Marketplace
    • Marketplace Goal
    • User Journey in the Marketplace
  • COBOVERSE: A Digital Marvel within the Cobox Universe
  • Introducing Yodha: The AI Companion in Cobox Universe
  • Technology
  • User Flow Into Universe
  • COBOX Tokenomics
    • COBX Token Utility
    • COBX Token Distribution
  • Business Model
  • Revenue Model
  • Genesis Box NFTs Programme
  • Go-To-Market
  • Roadmap for the COBOX Universe
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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:

  1. Revenue Sharing: 10% of all platform revenue distributed proportionally to Genesis NFT holders

  2. Loyalty Rewards: 10% allocation of total token supply (1,000,000,000 COBOX tokens) reserved for Genesis NFT holders

  3. Governance Weight: Enhanced voting power in platform governance decisions

  4. Exclusive Access: Priority access to premium land, features, and events

  5. 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:

  1. Unsold Genesis NFT Burns: Tokens allocated to unsold Genesis NFTs permanently removed from supply

  2. Milestone Burns: Predetermined token burns triggered by platform growth milestones

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Last updated 2 months ago