$1M Market Cap.
The Market Cap doubles each Wave.
Unlock your capital anytime during the Wave.
No fees. No penalties. Stay liquid.
How to participate in DeFi's first Initial Time Offering and own a piece of
@EpochIsland
โ
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Replies
#Q1
What's an Initial Time Offering?
An ITO is a risk-mitigated crowdfunding mechanism that aligns long-term incentives between projects and token holders.
Unlike an ICO, users can back out anytime during the ITO to redeem their original capital.
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#Q2
How does the Epoch Island ITO work?
1) Lock any amount of eligible tokens
2) Instantly receive EPOCH, the native token of
@EpochIsland
3) Keep EPOCH or return it before the end of the ITO Wave to unlock your original capital
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#Q3
Example One
John locks $10,000 USDC for 3 weeks to receive $9000 worth of EPOCH.
EPOCH begins to lose value and goes down to $5000 during the ITO.
John has three weeks to return his EPOCH to redeem his full $10,000 USDC for a 0% loss.
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#Q4
Example Two
John locks $25,000 USDC for 3 weeks to receive $20,000 worth of EPOCH.
EPOCH begins to gain value and goes up to $100,000.
Instead of unlocking his original $25,000 USDC, John keeps the $100,000 EPOCH for a 300% gain.
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#Q5
Why should I support Epoch Island?
We are on a mission to create a Network State for crypto builders.
By participating in the ITO, you have a chance to own a piece of the world's first Network State and support builders in the process.
Epoch Island is not a Network State, yet.
It will take a unified and iterative process to get there.
Here are the 7-phases to diplomacy that will take Epoch Island from a quirky collection of internet friends to a fully recognized Network State โ
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#Q6
What is Epoch Island today?
Currently, Epoch Island is a community-owned economy created to fuel and fund crypto builders.
You can think of it like a decentralized Silicon Valley.
Revenue generated within Epoch Island is owned by EPOCH holders.
$14 trillion.
That's the value of all public companies from Silicon Valley as of 2022.
There's one major problem.
Silicon Valley is failing the world of Web3.
Here's how Epoch Island is building the largest onchain economy ever created โ
(and how you can own a piece of it)
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#Q7
What is EPOCH?
EPOCH is the native currency of Epoch Island.
โ 100% of all tokens will be in circulating supply on day one.
โ 100% bootstrapped. Never raised any outside capital.
โ 0 tokens reserved for any "team" or DAO treasury.
A true community-owned token economy.
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#Q8
Tokenomics
Epoch Island has a two-token economy: EPOCH + vEPOCH
โ EPOCH is used to fund developments
โ Developments are used to generate revenue
โ Revenue is used to buy and/or back EPOCH
โ vEPOCH holders (Islanders) earn EPOCH for helping grow the economy
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#Q9
When ITO?
Wave One opens in December 2023.
The starting Market Cap will be $1M.
Each Wave, the Market Cap will double.
To participate, follow
@EpochIsland
and find the link in the bio.
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