6. ICO and Tokenomics

6. ICO and Tokenomics

6.1 – Token Details:

Information about the token (name, symbol, standard, etc.).

In our BNA ICO (Initial Coin Offering) cryptocurrency project, the Token Details are a crucial section, providing technical and specific information about the cryptocurrency and the token being issued. This information is to help potential investors understand the characteristics of the token and its function, within the ecosystem of the Battery Net App (BNA) project.

The elements in this section are described below:

6.1.1 – Token Name

The token name is a crucial element in the identity and positioning of the Battery Net App project. This section explains the choice of the name of the BNA COIN token and its importance within the ecosystem.

BNA COIN: Meaning and Relevance

• Project Identity: The name BNA COIN derives directly from the acronym Battery Net App, clearly reflecting its origin and connection to the main project. This facilitates the recognition of the token within the community and in the markets, associating its value directly with the success and innovation of the Battery Net App ecosystem.
• Memorability and Simplicity: BNA COIN has been selected for its simplicity and ease of being remembered. A short and straightforward name like this is crucial in an environment where competition is high and users interact with multiple tokens. BNA COIN is easy to pronounce, type, and search, contributing to increased visibility and adoption.
• Versatility: The name BNA COIN not only reinforces the connection to the project, but is also versatile enough to be used in different contexts within the ecosystem. This includes its use in everyday transactions, participation in governance, promotions, and more.
• Market Positioning: Choosing a name aligned with the project’s brand is strategic to position yourself in the cryptocurrency market. BNA COIN will allow easy identification on exchange platforms and social networks, contributing to more effective marketing and faster recognition by new users and investors.

 

Conclusion: The name BNA COIN not only identifies the token, but encapsulates the essence of the Battery Net App project, facilitating its recognition and adoption in the cryptocurrency market. This simple yet meaningful name reinforces the project’s brand and ensures that the token stands out in a competitive market, providing a solid foundation for the ecosystem’s growth and expansion.

6.1.2 – Token Symbol

The token symbol is a key identifier in the cryptocurrency market and in the digital ecosystem of the Battery Net App project. This section describes the choice of the BNA symbol and its importance to the token’s identity.

BNA: Meaning and Functionality

• Clear and Precise Identification: The BNA symbol is a direct and recognizable abbreviation that is derived from the name of the Battery Net App project. This three-letter symbol is concise and easy to remember, making it easy to use on exchanges, wallets, and any interface that supports the coin.
• Industry Standard: Token symbols are usually short, composed of 3 to 4 characters, which is standard practice in the industry to ensure their easy handling on various technological and financial platforms. BNA complies with this standard, positioning itself alongside other tokens in a format that users and developers instantly recognize.
• Brand Consistency: By choosing BNA as a symbol, consistency is maintained with the BNA COIN token name and the Battery Net App project in general. This consistency strengthens the token’s identity across all communications, contributing to a strong and unified brand.
• Visibility on Marketplaces and Platforms: BNA will be the identifier that will appear on exchange listings, price charts, cryptocurrency tracking apps, and other related platforms. A clear and distinctive symbol like BNA ensures that the token is easily recognizable and remarkable amid a vast offering of digital assets.
• Usability and Consistency: The BNA symbol will be used consistently in all official documentation, smart contracts, and any communication within the ecosystem. This includes its use on social networks, official websites, and in the user interfaces managed by BNAs. Consistency in the use of the symbol strengthens the brand and improves the user experience.

 

Conclusion: The BNA symbol is an essential component of the BNA COIN token’s identity. Its simplicity, brand consistency, and compliance with industry standards ensure that the token is easily identifiable and accessible to users, developers, and investors in the Battery Net App ecosystem and beyond.

6.1.3 – Token Standard: SPL (Solana Program Library)

The standard chosen for the creation of our BNA COIN cryptocurrency is the SPL (Solana Program Library). SPL is the native token standard of the Solana blockchain, designed to handle fungible and non-fungible assets (NFTs) within the Solana network. This standard is comparable to Ethereum’s ERC-20 and ERC-721 standards, but optimized for Solana’s high efficiency and scalability.

Why We Chose SPL for BNA COIN

6.1.3.1 – High Scalability and Performance:

• • • Fast and Cheap Transactions: The Solana blockchain is known for its ability to process thousands of transactions per second (TPS), with block confirmation times of approximately 400 ms. This makes it an ideal choice for a cryptocurrency like BNA COIN, which is expected to be widely used in everyday transactions, such as swapping batteries and purchasing products on the Battery Net App platform.
    • Low Commissions: Solana offers extremely low transaction fees, which is crucial to ensure that microtransactions, such as $5 top-up payments, are economically viable for users.

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6.1.3.2 – Robustness and Safety:

• • Protocol-Level Security: Solana uses an innovative consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS), ensuring the security and integrity of the network. This provides a secure environment for the issuance and transaction of BNA COIN, protecting users’ assets against potential attacks or tampering.
  • Growing Ecosystem: Solana has proven to be a reliable and secure platform with a rapidly growing ecosystem, attracting high-quality developers and projects. By opting for the SPL standard, BNA COIN is integrated into this dynamic ecosystem, benefiting from the infrastructure and tools already in place.

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6.1.3.3 – Compatibility and Interoperability:

• Easy Integration with dApps and Wallets: As an SPL token, BNA COIN is compatible with decentralized applications (dApps) and wallets that support the Solana network. This makes it easier for users to adopt it, as they will be able to store and use BNA COIN in any Solana-compatible wallet, such as Phantom or Sollet.
• Interoperability with Other Projects: The use of the SPL standard allows BNA COIN to easily interact with other projects within the Solana ecosystem, opening up opportunities for future integrations, partnerships, and collaborations.

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6.1.3.4 – Sustainability and Future:

• Energy Efficiency: Solana is one of the most energy-efficient blockchains, which is in line with Battery Net App’s sustainability mission. By using Solana, BNA COIN minimizes its carbon footprint, supporting a greener and more sustainable future for blockchain technology.
• Continuous Evolution: Solana is an ever-evolving network, with upgrades and improvements that ensure its relevance and competitiveness in the long run. By choosing the SPL standard, BNA COIN benefits from these continuous improvements, ensuring that the cryptocurrency remains at the forefront of technological innovation.

 

Conclusion: Solana’s SPL standard was carefully chosen for the creation of BNA COIN due to its high scalability, low fees, robustness in security, and its alignment with the project’s sustainability principles. Not only does this standard ensure that BNA COIN can handle large volumes of transactions quickly and efficiently, but it also positions the cryptocurrency within a growing ecosystem and at the forefront of blockchain technology. .

6.1.4 – Function and Utility of the Token

The types of BNA COIN tokens that we are going to use within the ecosystem of the Battery Net App project are, the utility token and the governance token:

6.1.4.1 – Utility Token

6.1.4.1.1 – Utility within the BNA Ecosystem:

• Battery Swapping: BNA COIN is the only currency accepted for fast battery swaps through the BNA Community. If you are the owner of an electric motorcycle or skateboard approved in the BNA Ecosystem, having BNA COIN guarantees you access to this essential service, which solves the problems of autonomy and recharging time efficiently.

• Discounts and Benefits: Users who purchase electric vehicles, batteries or accessories from companies associated with the BNA ecosystem using BNA COIN, will receive exclusive discounts and gifts. This creates a direct financial incentive to use the BNA COIN cryptocurrency within the ecosystem.

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6.1.4.1.2 – Participation in Project Expansion:

• Project Growth: As more EV brands join the Battery Net App project, demand for BNA COIN will increase, as more users will need the coin to access the benefits of the ecosystem. This can translate into a potential increase in the value of BNA COIN in the medium to long term.

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6.1.4.1.3 – Passive Income for Miners:

• Rewards for Miners: BNA COIN miners will receive rewards not only for mining, but also for each top-up transaction that is made. With a portion of the $5 per top-up going to miners, this represents a steady source of passive income, incentivizing participation in the network.

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6.1.4.1.4 – Participation in an Innovative Project:

• Early Adoption in a Revolutionary Project: The Battery Net App project offers a unique solution to key problems in electric mobility, such as range and recharging time. Investing in BNA COIN allows users to be part of an innovative project that is going to revolutionize the way people use and recharge light electric vehicles.

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6.1.4.1.5 – Diversification and Investment Opportunity:

• Potential for Value Growth: Like any cryptocurrency, BNA COIN has the potential to appreciate in value, especially if we achieve the goals to achieve success. This represents an investment opportunity for those who believe in the vision and growth of the project.

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6.1.4.1.6 – Integration with New Partners:

• Access to Exclusive Offers: As more partners (manufacturers of accessories, clothing, etc.) join the project and offer significant discounts to buyers using BNA COIN, this will increase the appeal of the coin, making more people want to acquire it to take advantage of these offers.

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6.1.4.1.7 – Contribution to Sustainability and the Environment:

• Positive Ecological Impact: The Battery Net App project promotes the adoption of electric vehicles, which facilitates the transition from fossil combustion motorcycles to electric motorcycles. By offering a practical solution to the problems of range and charging, many of the barriers that hold back the adoption of electric vehicles are removed. This not only benefits users, but also has a positive impact on the environment by reducing CO2 emissions and pollution.

• Long-Term Sustainability: Investing in BNA COIN not only supports an innovative project, but also a greener and more sustainable future. By encouraging the use of electric vehicles and reducing dependence on fossil fuels, BNA COIN users are actively contributing to the fight against climate change.

 

Conclusion

By purchasing BNA COIN, users not only acquire a cryptocurrency but also gain access to an entire ecosystem that promises to significantly improve the experience of EV owners. In addition, they benefit from discounts, rewards, and the possibility of participating in a project with a high potential for growth and global adoption.

This project not only has the potential to revolutionize electric mobility, but also to significantly reduce the global carbon footprint, promoting a cleaner and healthier future for the planet.

6.1.4.2 – Governance Token

What is a Governance Token?

We explain this point for those investors or people interested in our projects, so that they can further expand their knowledge and can visualize the potential in its right measure.

A governance token is a cryptocurrency that gives its holders the right to participate in decision-making related to the development and direction of a decentralized project or platform. These tokens allow the community to influence aspects such as:

• Protocol updates.
• Allocation of funds and resources.
• Fee and commission structure.
• New partnerships and collaborations.
• Rewards and Incentive Policies..

 

Introducing a governance token into the BNA COIN ecosystem brings multiple benefits and strengthens the BNA Community’s participation in the project. Below is a researched assessment on the implementation of the governance token for the Battery Net App Project.

Benefits of Implementing the Governance Token in BNA

6.1.4.2.1 – Decentralization and Community Participation

• Community Empowerment: Users and active participants will be able to contribute directly to key decisions, thus fostering a sense of belonging and shared responsibility.
• Improved Decision-Making: By leveraging the collective wisdom of the community, decisions are more likely to reflect the actual needs and desires of users.

• Transparency: Voting processes and decisions will be recorded on the blockchain, ensuring transparency and accountability.

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6.1.4.2.2 – Incentive and Commitment

• Promotion of Active Participation: Users will be able to feel more motivated to get involved and contribute to the growth of the project by knowing that they have a voice and a vote in its direction.
• User and Miner Retention: Offering governance rights will be an additional incentive for miners and users to maintain their commitment to the BNA Ecosystem.

• Attracting Investors: Our governance model and its perfect structuring make our project very attractive for investors looking for projects with solid and participatory management structures.

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6.1.4.2.3 – Flexibility and Adaptability

• Rapid Response to Market Changes: The community will be able to quickly propose and vote on changes needed to adapt to market dynamics or new technologies.

• Sustainable Evolution: BNA’s decentralized governance allows the project to evolve organically, adapting to the changing needs of its users and the environment.

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6.1.4.2.4 – Improved Trust and Legitimacy

• Trust-building: Knowing that decisions are made democratically increases the confidence of users and potential partners in the project.
• Legitimacy in Key Decisions: Decisions backed by the majority of the BNA Community will have greater legitimacy and acceptance, reducing potential internal conflicts.

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6.1.4.3 – Implementation Considerations

6.1.4.3.1 – Governance Model

The governance model of the BNA COIN ecosystem will be based on the use of a Unique Token, where BNA COIN will function as both a utility and governance token. This decision seeks to simplify the structure of the system and maximize the token’s utility across all facets of the project.

Unique Token: BNA COIN as a Governance and Utility Token

• Simplicity: By using BNA COIN for all functions within the ecosystem, the governance structure is simplified. Users won’t need to handle or understand multiple tokens, making it easier to participate in the system. This centralized approach reduces operational complexity and improves the user experience.

• Increased Utility: By centralizing both governance and transactions in BNA COIN, the utility of the token is increased. BNA COIN holders will not only be able to use it for transactions and services within the ecosystem, but they will also have the ability to influence the direction and key decisions of the project.
• Aligned Incentives: With a single token, participants’ incentives are aligned, as those with a larger stake in BNA COIN will have greater voting power in governance. This ensures that users who are most committed to the long-term success of the project have a proportional influence on decision-making.
• Democratic Participation: BNA COIN allows all holders to have a voice in governance, promoting a democratic and decentralized structure. Each BNA COIN represents a fraction of voting power, incentivizing the active participation of the community in the evolution of the ecosystem.

 

Conclusion: Choosing a Single Token as BNA COIN for all ecosystem functions, including governance, reinforces simplicity, increases utility, and aligns user incentives. This model seeks to ensure that the ecosystem is accessible, functional, and encourages active and meaningful participation by all members of the community.

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6.1.4.3.2 – Distribution of Governance Tokens

In the context of the Battery Net App project, it has been decided to allocate 15% of the total supply of BNA COINs, equivalent to 142,500,000,000 tokens, specifically for governance functions. This section addresses the distribution strategy of these tokens to ensure equitable governance, incentivizing active and meaningful community participation.

Fair Allocation

• Equitable Distribution Mechanisms: To avoid excessive concentration of power in a few hands, distribution mechanisms will be implemented to ensure that governance tokens are widely dispersed among ecosystem participants. This includes:
  • Holding limits: Limits could be set on the maximum number of governance tokens that a single entity or individual can own to maintain a balance of power.
  • Gradual distribution: The distribution of the tokens will be done in a staggered manner over time, ensuring that new participants in the ecosystem also have the opportunity to obtain governance tokens.
  • Diversification of distribution methods: Governance tokens will be distributed across different channels and activities within the ecosystem, allowing for more equitable dispersion among users with diverse profiles and contributions.

 

Participation Rewards

• Mining: A percentage of governance tokens will be allocated as a reward to participants who contribute to the stability and security of the network through mining. This allocation will incentivize mining activity within the ecosystem, ensuring that those who support the project’s technical infrastructure also have a say in its governance.
• Development Contributions: Developers who contribute technical improvements, development of new functionalities, or innovative solutions to the BNA COIN ecosystem will be able to receive governance tokens as a reward. This promotes continuous innovation and ensures that active developers are involved in making key project decisions.
• Project Promotion: Users who contribute significantly to the expansion and promotion of the ecosystem, whether through marketing campaigns, strategic partnerships, or new user education, will also be rewarded with governance tokens. This not only expands the community, but also ensures that those driving the project’s growth have an active role in its future direction.

 

Conclusion: The distribution of BNA COIN governance tokens is designed to be fair and encourage active participation in the governance of the project. By diversifying distribution methods and rewarding significant contributions in key areas such as mining, development, and promotion, the aim is to build a balanced and sustainable ecosystem, where decision-making power is equitably distributed among the actors most committed to the long-term success of Battery Net App..

6.1.4.3.3 – Voting Mechanisms

• Secure Voting Platform: We will develop and integrate a platform that allows for transparent and secure voting.
• Quorum and Necessary Majorities: We will define clear rules on the percentage of participation and types of majority necessary to approve different types of proposals.

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6.1.4.3.4 – Education and Communication

To ensure strong and effective governance in the Battery Net App ecosystem, it is essential that all participants thoroughly understand how the governance system works and how they can contribute meaningfully. This point addresses the training and communication strategies that will be implemented to achieve these objectives.

Community Formation

• Educational Resources: A comprehensive set of educational resources designed to cover all aspects of governance in the Battery Net App will be developed. These resources will include:
  • Guides and Manuals: Detailed documentation explaining the governance model, the functions of the BNA COIN token, and how users can participate in voting and proposals.
  • Video Tutorials: Educational videos that simplify complex concepts and guide users through the steps needed to get involved in governance. These videos will be available in multiple languages to ensure global accessibility.
  • Webinars and Live Workshops: Live sessions will be organized where project experts and community members can discuss key aspects of governance, answer questions, and facilitate interactive learning.
  • Discussion Forums: Creation of forums and online spaces where participants can exchange ideas, ask questions, and share knowledge about the governance of BNA COIN. These forums will be moderated to ensure that the information shared is accurate and useful.
• Training Incentives: Reward programs will be implemented for participants who complete courses or educational modules, incentivizing the acquisition of knowledge about governance. These rewards could include governance tokens or acknowledgments within the community.

 

Process Transparency

• Open Communication: A transparent and open communication policy will be maintained in all aspects related to the governance of the project. This includes:
  • Publication of Proposals: All governance proposals will be published on a platform accessible to all users. Each proposal will include a detailed description, benefits and potential impacts, as well as the corresponding voting process.
  • Public Debates: Prior to each vote, discussion periods will be opened where community members can express their opinions, raise questions, and suggest modifications. These discussions will take place in public forums, social media and through dedicated webinars.
  • Voting Results: The results of all votes will be published in a transparent manner, including a detailed breakdown of how votes were distributed and how decisions made will be implemented. This will strengthen trust in the governance system and allow participants to clearly see how their votes contribute to the evolution of the project.
• Governance Report: A governance report will be issued periodically summarizing the main decisions, ongoing proposals, and analysis of the impact of past votes. This report will serve as a tool to assess the health of the governance system and adjust communication and training strategies as needed.

 

Conclusion: Education and communication are fundamental pillars for the success of governance in the Battery Net App project. Through the provision of educational resources and the implementation of transparent and open communication, it seeks to empower participants to be actively and confidently involved in project decision-making. These initiatives will not only foster a well-informed community, but also ensure that the governance system is inclusive, accessible, and effective.

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6.1.4.3.5 – Potential Risks and Challenges

• Centralization of Power: We will prevent at all costs large token holders from dominating decisions; this will be mitigated by voting limits or weighted voting systems.
• Inertia in Decisions: Complex governance processes can slow down decision-making; therefore, it is important for BNA to balance participation with efficiency.

• Security: We will ensure that governance processes are resistant to attacks and manipulations.

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6.1.4.4 – Examples of Potential Decisions Under Governance

• Introduction of New Business Partners: The BNA Community will be able to vote on the addition of new brands or companies to the ecosystem.
• Adjustments in Commission Structures: Decide on possible changes in battery swapping fees or commissions applied to commercial agreements with manufacturers or companies of electric vehicles, batteries, accessories and others.

• Development of New Functionalities: Prioritize and approve new features or improvements in the Battery Net App applications.

• Project Fund Management: Decide on additional strategic investments, marketing campaigns, or green initiatives.

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Conclusion

Implementing a governance token in the BNA ecosystem COIN will be a powerful strategy to strengthen community participation, improve transparency, and ensure a sustainable and adaptive evolution of the project. By empowering users and community members, and allowing them to directly influence the direction and development of the Battery Net App, a more engaged and resilient community can be built.

For us, it is essential that we carefully approach the design and implementation of this governance system, considering all the aspects mentioned, to ensure that it effectively serves the objectives of the project, and adds value to all participants..

6.1.5 – Total Token Supply

The total supply of BNA COIN tokens will be 950,000,000,000 (950 billion) and will have a fixed supply, meaning that no new tokens will be created in the future. This approach ensures that the value of the token is not diluted by excessive issuance and provides a clear framework for the planning and distribution of tokens within the ecosystem.

 

The initial distribution of the tokens will be as follows:

• 30% – ICO (Initial Coin Offering): Intended for the initial token sale, with the aim of raising funds for the development and expansion of the project.
• 10% – CEO and Founders: Reserved for the creators of the project in recognition of their vision and leadership.
• 15% – Technical Team: Assigned to the team that is developing and maintaining the technology behind the Battery Net App, ensuring they have incentives to continue to innovate and improve the platform.
• 15% – Prizes, Rewards and Mining: Used to reward Electro-Miners and other participants who actively contribute to the functioning and growth of the ecosystem.
• 15% – Governance: Designated to be used in project governance, allowing token holders to influence key decisions through a decentralized voting system.
• 15% – Utility Token: Allocated to encourage the use of the token within the ecosystem, offering incentives and discounts to users who transact using BNA COIN.

This distribution is designed to balance the interests of all participants in the project, from the initial investors and the founding team to the user and miner community, ensuring a sustainable and equitable ecosystem..

6.1.6 – Token Distribution

Proposed Analysis and Adjustments for the Distribution of the Total Token Supply

6.1.6.1 – ICO (Initial Coin Offering): 30%

• Analysis: 30% of the total supply is reserved for the ICO and is a reasonable proportion as a large initial public sale is planned to raise funds for the development and expansion of the project. This percentage ensures that a significant portion of the tokens are held by the community from the beginning.
• Observations: Holding 30% for the ICO is suitable for our project, but it is essential that we establish token vesting mechanisms to avoid an immediate sell-off that could negatively affect the price of the token. With these measures we will achieve constant growth, a significant ROI and the total satisfaction of all BNA investors

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6.1.6.2 – CEO and Founders: 10%

• Analysis: The CEO and the team of founders is essential for the execution of the BNA project. 10% is a very generous allocation made to thank them for their vision of the future and their implications for a stronger and more sustainable project.
• Observations: We will keep 10% for the CEO and the team of founders, with a scheduled vesting.

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6.1.6.3 – Technical Equipment: 15%

• Analysis: The technical team is essential for the execution of the BNA project. 15% is a very generous allocation made to attract and retain key talent.
• Observations: We will maintain 15% for the technical team, with a scheduled vesting.

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6.1.6.4 – Prizes, Rewards and Mining: 15%

• Analysis: This percentage is in line with the need to incentivize network participants, especially miners and other actors contributing to the ecosystem. Battery Net App focuses on a recharge and rewards model, but we also think about the most active members of the BNA Community and for us it is crucial that there are enough incentives for them.

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6.1.6.5 – Gobernanza: 15%

• Analysis: We set aside 10% for governance and it’s essential as we want to involve the community in strategic decision-making.

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6.1.6.6 – Utility Token: 15%

• Analysis: Since BNA COIN also acts as a utility token within the ecosystem, 15% is a good proportion to make sure there is enough liquidity for immediate and future use cases.

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6.1.6.7 – Summary of Supply Distribution:

• ICO (Initial Coin Offering): 30%
• CEO and Founders: 10% (with vesting for 3-4 years)
• Technical Equipment: 15% (with vesting for 2-3 years)
• Prizes, Rewards and Mining: 15%
• Gobernanza: 15%
• Utility Token: 15%

Total: 100% of the supply of 950,000,000,000 BNA COINs.

6.1.7 – Trade Policy with BNA Members

One of the most significant advantages of the Battery Net App Project is its growth potential not only through its innovative charging system, but also through its active participation in the expansion of the electric vehicle market. As previously analyzed, it is projected that more than 500 million units of light electric vehicles, such as motorcycles and scooters, will be sold in the next seven years, generating a multimillion-dollar turnover. The Battery Net App is designed to help manufacturers and brands of these vehicles capture a significant portion of this growing market, greatly increasing their turnover.

To be part of this growth, each partner of the project must contribute 15% of their total sales to our community. Of this 15%, 10% will go directly to prizes and rewards for our Electro-Miners, who are essential to the functioning of the ecosystem, while the remaining 5% will be used for the project, covering infrastructure expenses, return on investment (ROI) and other associated costs.

 

15% Contribution Mechanism in BNA COIN

6.1.7.1 – Purchase of Tokens by Partners

• Utility Tokens (BNA COIN): Project partners, such as manufacturers of electric vehicles, accessories, etc., will need to purchase BNA COIN on the market to meet their obligation to contribute 15% of their sales to the project. This means that for every sale made, the partner will purchase utility tokens worth 15% of the sale.
• Purchase Process:
  1. Completed Sale: A partner sells a product for $3,333, of which 15% equals $500.
  2. BNA COIN Purchase: The partner buys $500 worth of BNA COIN from the marketplace using an exchange or a direct exchange platform within the BNA ecosystem.

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6.1.7.2 – Project Input and Distribution

• Project Contribution: Once partners have acquired BNA COIN, they will transfer these tokens to the project’s reward pool, or to a designated wallet that manages rewards and mining.
• Distribution to Miners:
  • Process Automation: Tokens can be distributed to miners as part of rewards for validating transactions, maintaining the network, or as specific incentives for participating in the battery swapping network.
  • Distribution Mechanism: This process will be automated through smart applications that manage the distribution of tokens equally among active miners according to their contribution to the project.
• Integration with the Governance Token: A fraction of the tokens contributed by partners could be automatically converted into governance tokens. These tokens could be used to influence key decisions within the project or held in the governance treasury for future decisions.

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6.1.7.3 – Example Flow

• Step 1: Product Sale: A partner sells an electric motorcycle for $10,000.
• Step 2: 15% Calculation: The partner must contribute $1,500 to the project in the form of a BNA COIN.
• Step 3: Purchase BNA COIN: The partner purchases $1,500 worth of BNA COIN.
• Step 4: Transfer to the Reward Pool: The partner transfers the purchased BNA COIN to the project’s wallet.
• Step 5: Distribution:
  • 10% for Rewards: Of the $1,500 in BNA COIN, $1,000 (10%) is automatically allocated to the reward of active miners, as compensation for their contributions to the project.
  • 5% for the Project: The remaining $500 (5%) is used to cover infrastructure expenses, return on investment (ROI), and other operational costs related to the project.

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6.1.7.4 – System Advantages

• Partner Incentive: By using BNA COIN for their contributions, partners contribute to the liquidity and demand for the coin, which has a positive effect on the value of the token.
• Miner Incentive: Miners and Electro-Miners receive rewards directly tied to the commercial success of the project, aligning their interests with the growth of the ecosystem.
• Ecosystem Strengthening: This mechanism ensures a steady circulation of tokens within the ecosystem, maintaining liquidity and providing a continuous flow of incentives for all participants.

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6.1.7.5 – Final Considerations

• Volatility Management: It is very important to us to take into account the volatility of the cryptocurrency market. To prevent partners from facing difficulties in times of high volatility, we will consider setting minimum purchase values or implementing a protection mechanism.
• Regulation and Transparency: We ensure that these processes comply with all applicable regulatory regulations and that they are fully transparent to partners and the community at large.

This model allows partners to contribute to the project effectively, while maintaining a healthy flow of tokens within the ecosystem, benefiting both miners and BNA COIN holders. .

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6.1.8 – Trading Platforms

BNA COIN will be listed on exchanges and, as they are listed, we will inform you on which of them. The token’s presence on exchanges is critical to facilitating its purchase and sale, allowing investors to access the token easily and project users to use it for transactions within the ecosystem.

 

Exchange listing:

• Centralized Exchanges (CEXs): These are exchanges that operate as centralized platforms, where users create accounts, deposit funds, and transact. BNA COIN will be listed on popular centralized exchanges, such as Binance, Coinbase, Kraken, or Huobi, which will provide great visibility and liquidity for the token.
• Decentralized Exchanges (DEXs): DEXs allow users to swap tokens directly with each other without the need for a centralized intermediary. BNA COIN will also be available on DEXs such as Serum (based on Solana), Uniswap, or PancakeSwap, offering greater flexibility and autonomy to users to trade tokens securely and without the need to relinquish control of their funds.

 

Facilitating Liquidity:

• Market Making: To ensure that the BNA COIN token has sufficient liquidity on trading platforms, it will be possible to work with market makers, which are entities that provide liquidity to the market by constantly creating buy and sell orders. This helps to maintain the token’s price stability and ensures that users can buy or sell BNA COIN without major fluctuations in price.
• Liquidity Incentives: Another strategy may be to include the implementation of liquidity incentive programs in DEXs, where users are rewarded for providing liquidity to BNA COIN trading pools. Not only will this help stabilize the market but also attract more participants to the ecosystem.

 

Exchange and Use of the Token:

• Global Accessibility: Listing BNA COIN on multiple exchanges will ensure that users from different regions of the world can access the token with ease, increasing its adoption and use in the various transactions within the Battery Net App ecosystem.

This point explains that being listed on exchanges will not only increase the visibility and accessibility of the token, but will also provide the necessary liquidity for users to transact efficiently. In addition, it shows the project’s commitment to integrating the token into key markets, reinforcing investor and user confidence in the project’s potential.

6.1.9 – Compatibility and Wallets

The BNA COIN token’s compatibility with various digital wallets is crucial to ensure its accessibility, security, and ease of use within the Battery Net App ecosystem. This section describes storage options, supported wallets, and recommendations for users regarding the management of their tokens.

 

Wallet Support

• Supported Digital Wallets: BNA COIN will support a wide range of digital wallets, both software and hardware, that allow users to store and manage their tokens securely. The main options include:
  • Wallets de Software (Hot Wallets):
    • MetaMask: One of the most popular and widely used wallets for interacting with blockchain-based tokens. MetaMask is compatible with web browsers and mobile devices, providing a friendly and secure interface for BNA COIN management.
    • Trust Wallet: Another popular option, especially among mobile users. Trust Wallet supports multiple blockchains and allows users to store, send, and receive BNA COIN with ease.
    • MyEtherWallet (MEW): This web wallet offers a robust experience for users who prefer to manage their tokens directly through a browser. MEW is known for its security and support for various interactions within the blockchain ecosystem.
  • Hardware Wallets (Cold Wallets): For those looking for an extra level of security, hardware wallets are the ideal choice. These devices will store the BNA COINs offline, minimizing the risk of attacks.
    • Ledger Nano S/X: Ledger’s hardware wallets are widely recognized for their security and support for multiple tokens. BNA COIN will be able to be stored on these devices, providing a secure solution for users who wish to keep their assets offline.
    • Trezor: Another popular hardware wallet, Trezor offers a simple and secure interface for storing BNA COIN, with options to integrate with software wallets such as MetaMask.

 

Recommendations for Users

• Security and Best Practices: Users are advised to take appropriate security measures when handling their wallets. This includes protecting your recovery phrases, using strong passwords, and enabling two-factor authentication (2FA) when available.
• Backup: Users should ensure that they have secure backups of their seed phrases and private keys. This is crucial for regaining access to funds in the event of loss or damage to the original device.
• Software Updates: It is important for users to keep their software wallets updated with the latest versions, to ensure that they have the latest security and compatibility improvements.
• Choice of Wallet: The choice between a software wallet and a hardware wallet will depend on the individual needs of each user. Software wallets are ideal for frequent transactions, while hardware wallets are recommended for those who plan to store large amounts of BNA COIN for the long term.

 

Technical support

• User Assistance: Battery Net App will offer technical support through various channels to help users with the configuration and management of their wallets. This support will include tutorials, step-by-step guides, and customer support to resolve questions or technical issues.
• Future Compatibility: As the Battery Net App ecosystem grows, compatibility with new wallets and emerging technologies will be evaluated, ensuring that BNA COIN remains accessible through the most secure and innovative platforms.

 

Conclusion: BNA COIN’s compatibility with a wide range of digital wallets is a key aspect for its adoption and security. By offering support for both software and hardware wallets, the Battery Net App ensures that users can manage their tokens flexibly, securely, and according to their individual needs. The focus on security and ease of use reinforces the project’s commitment to an optimal and reliable user experience.

This development covers supported wallet options, security recommendations for users, and Battery Net App’s focus on maintaining the accessibility and security of the BNA COIN token.

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6.1.10 – Regulations and Compliance

Compliance with legal and regulatory standards is a fundamental pillar for the success and sustainability of the BNA COIN project. Below are the steps we have taken to ensure that our token and the Battery Net App platform operate in accordance with applicable laws both in the United States and internationally.

 

Registration and Legal Structure:

• Location: The legal entity behind BNA COIN, Battery Net App LLC, is registered in the state of Wyoming, United States. This state is known for its favorable legal framework for cryptocurrencies and blockchain technology, offering a clear and favorable regulatory environment for the operations of our platform.
• Token Classification: BNA COIN is not classified as a security token under U.S. law. This means that the token does not represent a stake in the company or grant ownership rights or dividends. Instead, BNA COIN is a utility token that facilitates transactions within the Battery Net App ecosystem, such as battery recharges and swapping.

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AML and KYC Compliance:

• AML (Anti-Money Laundering): We implement rigorous Anti-Money Laundering procedures to ensure that transactions made with BNA COIN are free of illicit activities. All users who engage in the purchase, sale, or use of BNA COIN will be subject to ongoing monitoring and verification to prevent money laundering and terrorist financing.
• KYC (Know Your Customer): As part of our commitment to regulatory compliance, all ICO participants, as well as future users of the platform, will be required to complete a KYC process. This process includes identity verification and the collection of relevant information to ensure that our users comply with applicable legal regulations. This measure not only protects the platform and its users, but also reinforces trust in the BNA COIN ecosystem.

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International Compliance:

• Global Regulations: In addition to compliance with U.S. law, we ensure that our operations comply with applicable international regulations in the jurisdictions where we operate. This includes compliance with data protection regulations, such as the General Data Protection Regulation (GDPR) in the European Union, and other relevant regulations in key markets.

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Transparency and Communication:

• Continuous Update: We are committed to keeping our community and partners informed of any changes in the regulatory environment that may affect BNA COIN or the operation of the Battery Net App. Through official communication channels, we will provide regular updates on our regulatory compliance and any adjustments needed to adhere to new regulations.

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Conclusion: Regulatory compliance is a priority for Battery Net App LLC. Our legal structure in Wyoming, focus on correct token classification, and implementation of AML and KYC regulations ensure that we operate in a transparent, secure, and compliant manner. This not only protects our company, but also ensures the trust and security of our users and partners in the medium and long term.

6.2 – Use of Funds:

How the funds raised during the ICO will be used.

The use of the funds raised during the ICO is planned in detail to cover the operational and development costs of the project over a period of 24 months. This approach ensures proper financial planning and the ability to address project needs effectively.

For our BNA ICO (Initial Coin Offering) cryptocurrency project, the Use of Funds is a section that details how the financial resources raised during the campaign will be allocated.

This aspect is crucial for our investors as we provide transparency on how capital will be employed and ensures that funds will be used efficiently to achieve the objectives of the Battery Net App (BNA) project

The use of the funds raised during the ICO is planned to cover several key areas. Below is the allocation of the funds with the corresponding percentages, assuming that the total raised is $5,000,000:

 

6.2.1 – Technology Development – (7% of the total)

• Software Development: Investment in the creation and improvement of the platform, blockchain, smart contracts, and other related technologies = $100,000. (2%)
• Technology Infrastructure: Expenses on servers, cloud storage, network security, and other technical needs = $50,000. (1%)
• Research and Development (R+D): Resources aimed at innovating and improving existing technology, researching new functionalities or protocols = $200,000. (4%)

Total Technology Development: $350,000 – (7%)

 

6.2.2 – Marketing and Public Relations – (16.6% of the total)

• Advertising Campaigns: Investment in digital marketing, advertising campaigns, social media marketing, and media advertising = $240,000. (4.8%)
• Events and Conferences: Participation and organization of events, conferences and seminars to increase the visibility of the project and attract more investors and users = $240,000. (4.8%)
• Communications and Branding: Development of communication materials, website, official documentation, and other branding activities = $100,000. (4.8%)

Total in Marketing and Public Relations: $580,000 (16.6%)

 

6.2.3 – Operations and Administration – (27% of the total)

• Personnel Expenses: Salaries and benefits for the project team, including developers, sales, marketing, technical support, and other employees = $750,000. (15%)
• Overhead: Operating costs such as office rent, supplies, management software, and other administrative expenses = $600,000. (15%)

Total in Operations and Administration: $1,350,000 (27%)

 

6.2.4 – Legal Advice and Services – (4% of the total)

• Legal Consulting: Advice to ensure compliance with local and international regulations, intellectual property protection and other legal matters = $150,000. (3%)
• Regulation and Compliance: Expenses related to regulatory compliance and obtaining licenses required to operate in different jurisdictions = $50,000. (1%)

Total Legal Advice and Services: $200,000 (4%)

 

6.2.5 – Safety – (6% of total)

• Security Audits: Expenditures on security audits to verify the security of smart contracts and the overall infrastructure = $150,000. (3%)
• Fraud Protection: Investment in technologies and services to protect the project against cyberattacks, fraud, and other threats = $150,000. (3%)

Total Security: $300,000 (6%)

 

6.2.6 – Ecosystem and Community – (30% of the total)

• Rewards and Airdrop Programs: Funds for bounty programs, community incentives, or free token distributions to increase adoption = $1,000,000. (20%)
• Community Development: Activities to build and maintain an active community of users and developers = $500,000. (10%)

Total in Ecosystem and Community: $1,500,000 (30%)

 

6.2.7 – Contingency Reserves – (5% of the total)

• Emergency Funds: Reserve of funds for unforeseen events or future needs, ensuring the continuity of the project in case of unexpected situations = $250,000. (5%)

Total Contingency Reserves: $250,000 (5%)

 

6.2.8 – Expansion and Scalability – (15% of the total)

• Geographic Expansion: Opening new offices or entering new international markets = $500,000. (10%)
• New Partnerships and Collaborations: Resources intended to establish strategic partnerships with other companies or projects = $250,000. (5%)

Total Expansion and Scalability: $750,000 (15%)

 

Note: All budgets are based on a 24-month projection. These values can be adjusted according to the needs and progress of the project, with the aim of ensuring efficiency and effectiveness in the use of funds.

This approach is to ensure that investors understand how the funds will be used and the duration of financial planning, which increases confidence in the management of the project and its ability to achieve long-term goals.

 

Each project may have different priorities and needs, so the allocation of funds may vary. It is important that our project team presents a clear and detailed justification for each category of expense, showing how each contributes to the achievement of project objectives and increased value for investors and users. This transparency in the use of funds is done to generate trust and credibility in the project.

6.3 – ICO phases:

Timeline of the different phases of the initial coin offering.

In our cryptocurrency project ICO (Initial Coin Offering), the ICO Phases are a series of planned stages that define the timeline of the initial coin offering. These phases include the preparation, promotion, sale, and post-sale of tokens. The phases of our BNA ICO and what each of them entails are described below:

 

6.3.1 – Preparation Phase (Pre-ICO)

• Project Development: We have been working since July 2023 on the different phases of the development of the project such as: the R+D of smart battery technology for all specific mining functions, prizes, rewards, recharges, exchanges, and other functions and controls. We also have advanced the rest of the system of technological applications for Electro-Miners, BNA Club members and others related to our BNA COIN token. In later phases we will start with beta phases.
• Whitepaper: If you are reading this, it is because our Whitepaper is already finished.
• Marketing Strategy: We are currently planning the marketing and PR strategy to promote the ICO.
• Legal Compliance: We are already working with legal consulting firms to ensure compliance with relevant regulations.

 

6.3.2 – Pre-Sale Phase (Private Sale or Pre-Sale)

• Private Offering: We will hold a token sale to selected investors, such as venture capitalists or angel investors, with the special conditions we have at any given time. In this phase we will try to raise seed funds and build momentum for the ICO.
• Investment Agreements: We will set out the specific terms and conditions for presale participants, including pricing, bonuses, and token locks.

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6.3.3 – Public Sale Phase (Main ICO)

• ICO Kickoff: Official Token Public Sale Launch. This is the main phase where most investors can buy tokens.
• Initial Bonuses: Offering bonuses or discounts to first-time buyers as an incentive to participate early.
• Selling Platform: Implementation of a secure platform for the purchase of tokens, often using smart contracts on a specific blockchain.
• ICO Duration: Definition of a specific period for the token sale, which can range from a few days to several weeks.

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6.3.4 – ICO Closure and Token Distribution

• Sale End: The token sale will close once the funding target is reached or at the end of the ICO period. If deemed necessary, the deadline for completion could be extended.
• Token Distribution: Delivery of the purchased tokens to investors. This will be done immediately after the purchase or after the ICO ends.
• Exchange Listing: Planning to list tokens on cryptocurrency exchanges, providing liquidity and the ability to trade the tokens.

 

6.3.5 – Post-ICO phase

• Continuous Development: Continuation of the development of the project as planned and presented in the whitepaper.
• Milestone Compliance: Tracking the roadmap to meet milestones and deliverables promised to investors.
• Communications and Updates: Keeping the community and investors informed of progress, achievements and future developments.
• Governance and Community Engagement: Implementation of mechanisms, for token holders to participate in governance decisions.

Each of these phases has specific objectives and is crucial for the success of our ICO projects. That is why we offer a clear and detailed timeline of these phases not only to help structure the process, but also provide transparency and security to potential investors, increasing their confidence in the project.