BERSIPA COIN TOKENOMICS ($SIPA)

Bersipa
5 min readMar 11, 2022

The ecosystem of the BERSIPA network was prepared and adapted based on a modular economic model that can manage and grow both strings’ intricate network and BERSIPA cryptocurrency technological protocols. It can also meet the economic policies of different countries and can be beneficial both for retail and institutional investors.

Following many studies, we combined the 13 important allocation parameters and prioritized 7 eventual parameters. The final tokenomics is presented as follows:

  • The number of coins :

The string network will have 66,600,000 million coins at its maximum and final amount, as determined by the BERSIPA economic model. This amount will enter the cycle based on the market by the following patterns and will be distributed in different networks and among different parties.

1- Foundation, Programming & Development Team

Each major project at the macro level has three different teams, including the project foundation, the development team, and the programming team. Since the BERSIPA Foundation and the development team are the same, we will only discuss the two other parts: the foundation team and the programming team here.

The two mentioned teams will share 18% of the total nominal reserve of SIPA coins in the large BERSIPA String project, which will consist of 11,988,000 SIPA coins, each for a share of 15% for the BERSIPA Foundation and the BERSIPA programming team. Also, for the BERSIPA development team, 3% is taken into account respectively.

2- Private Sale for Investors

The BERSIPA String project is a knowledge-based, distinctive, beneficial, and global project that has also incurred a great deal of cost to its foundation.

To coherent and efficient development of this network, companies, organizations, and critical individuals will need to invest time and capital. Accordingly, in the fall of 2022, BERSIPA Network will invite several companies, organizations, and important individuals to sell a relatively large part of BERSIPA Network shares at a private event.

Appropriately, 16% of the total nominal reserve of SIPA coins, which includes 10,656,000 coins, will be available for purchase at the event. At that private event, any person, legal or real organization can buy a minimum of 10,000 USDT (or by the Bitcoin or Ethereum pair) and a maximum of 100,000 USDT by each wallet. The base price will be 0.5 USDT for the institutional participants who take part in the private sale event.

BERSIPA Network has imposed such a restriction on not accumulating coins in one place. The event is expected to take place in the United States in December 2022, and companies and organizations will be notified and invited by an electronic invitation through their social media accounts. If a company has not been specifically invited to the party, they can email BERSIPA Foundation and request the terms and conditions for attending a private event at info@BERSIPA.io.

3- Stake Rewards

One of the most important strategies for the growth of the string network in general and decentralizing this network is the gradual introduction of coins through stake rewards.

Accordingly, 16% of the total nominal reserve of SIPA coins, which is equivalent to 10,656,000 coins, will be entered into the market through staking, according to a special schedule which has been described in a separate article entitled BERSIPA Network Financial Structure.

This will be a justice-oriented method of establishing the String Network around the world. The process of staking will be presented freely through the BERSIPA Wallet. Due to the completely free and decentralized nature of the BERSIPA wallet, this would be the easiest way to acquire this coin globally. SIPA Coins can be received by anyone whom the stake course has been completed by installing a BERSIPA wallet and staking their assets.

4- Liquidity Pool

Since BERSIPA is a native coin in the string Network, it also includes decentralized financial programs within itself which we call BERSIPA Bank. Large networks should have a reserve fund to control inflation, develop Networks, liquidity supply, and have their own bail and lending procedures.

There will be a total reserve of 23% of BERSIPA coins, which is equivalent to 15,318,000 coins in the main pool of this project which will be allocated for the network’s financial programs. In the section on the financial structure of the BERSIPA network, the purpose of this section is discussed as well. Predictions are that BERSIPA will become available at the beginning of 2023, after the final network test, and before the main network becomes mainstream.

5- Public Sale

The process of selling the network to people all over the world is another important way to distribute the network evenly. Therefore, 5% of the total nominal reserve of BERSIPA coins, which is equivalent to 3,300,000 coins, will be sold in a public sale through the exchange platform and as an Initial Exchange Offering before the main network is mined.

It is expected that the first part of the public sale (which is 2% of the allocated amount) is going to execute on December 15, 2022, and the second part of the public sale (the rest 3% of the allocated amount) is going to execute on February 18, 2023, through a worldwide event that holds on Coinbase, USA.

Every participant can buy a minimum of 100 USDTs (or by the Bitcoin or Ethereum pair) and a maximum of 1000 USDTs by a wallet. The base price will be 1 USD for the participants who take part in this auction.

6- Airdrops & Advertising

For a network to grow and develop over time, it must be seen and accepted by the public continuously and permanently. Financial market fluctuations may make this accompaniment not permanent, and if a currency holds the record for some time, it may fade away from public memory over time.

It is, therefore, necessary to use continuous advertising and permanent prizes for the development of the network and its further dissemination by followers in the world, and for this purpose, there should be an advantage for the activists in this field so they will always accompany.

In addition to the Airdrop discussion, multiple and extensive advertisements require good capital. In this section, 10% of the total nominal reserve of BERSIPA coins, or 6,660,000 coins, will be allocated to advertising and airdrops, with 6% allocated to advertising and 4% to airdrops.

7- Node’s, Partnership, Advisor, and Network Development Share

Last but not least the technological distribution of the BERSIPA project is that the BERSIPA network has determined a separate profit for:

1- Private nodes

2- Future partner companies

3- Consultants

and

4- network development, which receives the total share of this section.

There are 7,992,000 coins in total in the BERSIPA nominative reserve, of which 12% are private network nodes, 2% are future partners, 2% are consultants, and 4% are for network development.

REFERENCE : WWW.BERSIPA.IO

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