8. Increasing Utility

1BOX is the backbone of the 1Box ecosystem. We have carefully designed incentive schemes to increase network effects and demand for 1BOX, and to decrease its circulating supply.

8.1 Token Burn

Once we hit CEXs, approximately 20% of all fees we generated on 1Box NFT platform will be used for an 1BOX coin repurchase from there. Any 1BOX bought this way will be burned.

8.2 White Label Solutions

Several Art creators and organisational have expressed strong interest in purchasing a white label version of our NFT Marketplace. We foresee that this trend will continue when we list more NFTs.

These white label solutions can be purchased in 1BOX.

8.3 Employee Incentive Programme

Approximately 15 % of 1BOX will be used in this programme with lock up period in different time schedule and stages.

8.4 Governance

Those 1BOX holder who stack in DAO may enjoy voting right on selecting coming IP. And we will be encouraged to drive such collaboration. Once it succeeds, bonus will be airdrop to those 1BOX holder in DAO proportionally.

8.5 Stacking

As of the publication of this White Paper, 1 stacking pools have been created with an initial liquidity of 50,000,000 1Box. The holders of the minimum amount of 500 1BOX get access to the Stacking.

Please note that the price may be affected by third party bots.

The total supply of 1BOX is 1,000,000,000. 500 tokens for stacking.