token Matrix

NOVA token issuance, distribution

To use NOVA services, participants shall go through the registration process through the wal let web and app (iOS and Android).

Additional information shall be entered to satisfy global KYC and AML regulations, and the regulations may restrict some participants’ use during the registration process.

The platform token, NOVA token, is called ‘NOVA’ and is a utility token.

A total of 7 billion are issued and used as the key currency.

It is paid as rewards for various activities of users inside the platform and airdrops through events, and can be purchased through external exchanges.

Issuance, lock-up, and incineration are flexible in order to stabilize the actual token price.

It is based on the initial issuance.

Token Supply and Distribution

Each issued NOVA is allocated according to its purpose, and the purpose and quantity of each distribution is as follows.

lEcosystem & Platform Air Drop

Ecosystem tokens provided by users’ revenue and are used as financial airdrops for marketing.

lMarketing Reward & Reserve

It is reserved to the foundation as rewards and reserves to be paid through Steaking Pool.

lTeam, Founder, Advisor

NOVA team and founder group will each have allocated tokens. The team is largely divided into business and technology parts, and includes key talents working for the platform. This includes the Founders Group and Advisors.