Token Sale Details

Token Sale Details

Decentralization Outline

• Build Product/Network

• Build Community

• Give Community Control through Governance

  • All HRA holders become governors with voting rights

• Complete Control Through Open Source Software

Tokenomics (supply, inflation, etc)

• https://docs.google.com/document/d/1RPWw2e1pXfg7xg2rz_AMplms3IGb909eilIjMorc0zs/edit

Token Sale

• Global sale including US citizens (ideally)

• Treated as sale of software license keys

• Sale continues indefinitely until all 7.7bil are sold

Token Distribution

• Purchase through PoS Dashboard

  • (non-custodial) At point of purchase, enter Anatha address

  • (non-custodial) Make a purchase, PoS dashboard tracks purchase info, user initiates the transfer when they are ready

• 99% of total supply for sale on day 1

• 1% of total supply being held back for bounty programs, user acquisition

Token Utility

• HRA registration (1 Anatha)

• Becoming a Validator Node (100k Anatha)

  • To keep a copy of the ledger

  • Run your own API’s for app developers

  • Ensuring the network remains decentralized

• More utility to come later

Validators

• Max number of nodes to begin with - 50

• Max number of nodes ultimately - 300

• Max number of nodes in the waiting list - unlimited

• Max number of nodes Anatha is running - 3

• Minimum number of nodes Anatha is running - 10

• Leaderboard for waiting list

Governance

• Governance Variables

  • https://docs.google.com/document/d/1m0mft-QFNTET9S0EP_8SmAVlj2Hk_MOMJGGCzRSWKMk/edit?usp=sharing

• Governors for voting

  • Defined by us initially

  • Proposals to add governors

  • Eventually we vote to make all HRA governors so everyone can vote (network upgrade to make all HRA holders governors)

Treasury Operators

• Manual: move tokens from treasury to distribution bucket (sales)

  • e.g. 10mil

• Treasury Pool Operator

  • Notified when large transactions come through which need approval

  • Approve yes/no (ensure payment has come through)

• Manual: transactions from the 1% (bounty programs, advisors, etc) after board approval

Network Contracts and Rewards

• Newly Minted Tokens - 50% to validators, 50% to AMC

• AMC - 50% to HRA holders, 25% to developer fund, 25% to security token holders. May want to modify this. It's "up to 25%" for dev pool and STO and the rest to HRA holders

• Transaction Fees - go to the AMC

• HRA registration fee of 1 Anatha - this goes straight to the AMC

• Savings only impacts AMC via withdrawal TX fees.

Savings Module (delegation to the network itself, not a specific validator)

• <Percentage earned> Variable; estimated near 1% p.a. Per token saved.

• <Effect on validators> Variable; no way to predict. But overall it reduces net Anatha to Validators, however, if Anatha rises in price, Validators should be happy.

POS Dashboard

• Purchase Tokens with Crypto (Coinbase Commerce) or Fiat (TransferWise)

• Tracks total number of tokens purchased and available per account (NON-custodial)

• Transfer tokens to the full wallet via HRA (?)

Wallet (Anatha Nexus)

• Send/Receive - BTC, BCH, ETH, ANATHA, etc…

• Portfolio Tracking

• HRA purchase/registration

• Governance (later phase)

Referral System

• Wallet user (or referrer) with or without HRA can send referral invites to contacts via email, text, WhatsApp, etc

• If the referee clicks to download, we track the download.

• If the referee purchases an HRA then the referrer gets 10% and the referee pays 90% of the HRA cost.

• We need to determine how many levels this will go. We planned unlimited for onchain version.

• We are using branch.io and there is an analytics dashboard for reporting.

• https://branch.io/how-branch-links-work/