Success Events
NB: This will commence with the new $IDEAX token smart-contract.
IDEAX success events will be triggered on the following actions (activity) that occurs on/off the IDEAX platform and/or ecosystem. This is then pegged to the token/s itself which in-turn could supercharge its value and the pegged token metric levels.
We may update these in the future to further support and enhance the IDEAX ecosystem and welcome your feedback.
# of Registered Startups (Phase#1)
# of Registered Investors (Phase#2)
# of Paid Subscriptions (Phase#3)
# Startup Funding Received (Phase#4)
# Equity % owned by IDEAX (Phase#5)
We are currently finalising how the current $UCM token can interact with the above success events and in the interim, we will create a virtual token called $IDEAX that can be used until the actual $IDEAX token and IDEAX NFTs have been created. This is planned for Jul/Aug'23
Example
When a success event happens it then triggers a pegging action for the token. For example # of registered startups on the IDEAX platform.
Based on the Pegged Token Metrics a good example of this could be.
Initial pegged token price is $0.01 cent
Initial pegged token value is 1,000 $UCM tokens
Once 100x startups are registered on the platform, the $IDEAX smart contract increases the pegged token price level to Phase#1
There are initially 10x pegged price levels starting from 100x registered startups up to 100,000x registered startups
Each pegged price correction will potentially offer token holders and registered startups/investors significant returns based on the number of registered startups on the platform (Phase#1)
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