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  • Welcome aboard!
  • Overview
    • Executive Summary
    • Issue Statement
      • Content Creators
      • Consumers
      • Web3 Adoption
    • Our Solution
      • Content Creators
      • Consumers
      • Web3 Adoption
    • Aboat Ecosystem
      • Idea
      • Technology
      • Daily Tasks
      • Creator Ranking System
      • Subscription Model
        • Cabin Boy
        • Sailor
        • Lieutenant
        • Captain
      • Reward System
      • Aboat Master Entertainer (AME)
        • Staking/Farming
      • Decentralized Decision Making (DDM)
        • DDM Voting Power
        • DDM Flow
      • Creator NFTs
        • Creators Clubhouse
  • Products
    • Talkaboat
  • The Company
    • Aboat Entertainment
    • Vision, Mission, Values
    • Business Model
      • Key partners
      • Key activities
      • Key resources
      • Value proposition
      • Customer relationships
      • Customer Segments
      • Channels
      • Cost structure
      • Revenue Streams
    • Meet the Team!
      • Founder
      • Management
      • Team
  • Market
    • Market Analysis
    • Trend Analysis
    • Competitor Analysis
      • Direct Comparison
    • Market Entry Strategy
    • Target Groups
      • Private Users
      • Content Creators
      • Investors
  • Aboat Token
    • The Token
      • Details
      • Distribution
      • Fee Structure
    • Utility
    • Holder Benefits
    • Sale
      • Use of Funds
      • Vesting
  • Smart Contracts
  • Disclaimer
    • General Information
      • Restriction of buyers
      • Risks
    • Disclaimer
      • No Representations and Warranties
      • Updates to token sale details
      • Market and industry information
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  1. Aboat Token

The Token

With the ABOAT TOKEN (ABOAT), ABOAT ENTERTAINMENT provides a utility token which, in addition to the pure reward for consuming and providing content, can also be used to unlock premium content, subscriptions and game content.

The ABOAT TOKEN is created by Aboat Entertainment UG (limited liability) and managed by two smart contracts after initial distribution. These smart contracts consist of:

· Master Entertainer: 40% of the maximum number of ABOAT TOKENs are reserved for the Master Entertainer. This can distribute the coins in the form of staking/yield farming. This contract will not be refilled and will expire once all ABOAT are distributed.

· Reward System: The reward system initially receives 10% of the maximum number of ABOAT TOKENs and is e.g. B. refilled by the transaction fees. In the future, further systems will be added to return part of the ABOAT to the reward system and thus create deflation. The reward system serves to incentivize content and distributes ABOAT depending on the Oracle service. The Oracle Service is the interface between the backend and the smart contract.

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Last updated 2 years ago

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