
ONEID Token: Empowering Digital Identity in Web3
After nearly two years of research and development, OneID, the Web3 domain solution and a key part of the Ninety Eight ecosystem, officially launches the ONEID token. This marks a significant step in shaping the future of digital identity in Web3.
ONEID token offers a variety of utilities for users, including:
Protocol Utilities:
Users can use the ONEID token to pay for various activities on the OneID platform, such as registering new domains, renewing, upgrading ownership rights of existing domains, and activating personalized domains.
Ecosystem Growth:
ONEID plays a crucial role in the development and expansion of the OneID ecosystem. The token not only provides liquidity but also supports strategic partnerships, expands the project, and funds developers and potential projects integrating into the ecosystem.
Community Contribution Recognition:
ONEID will reward community contributions, such as using invite codes, completing tasks, participating in on-chain activities, and being OG minters. This helps to recognize and encourage user involvement in the development of OneID.
Community Governance (coming soon):
ONEID will grant voting rights to the community, allowing users to participate in governance and the future development direction of the OneID protocol.
Staking and Other Privileges (coming soon):
Users can stake ONEID to earn additional rewards and unlock exclusive features, enhancing their experience on the OneID platform.
Token Details:
1. Token Name: ONEID
2. Blockchain: Viction
3. Token Standard: VRC25
4. Total Supply: 1,000,000,000 ONEID
Token Allocation Strategy:
With a total supply of 1,000,000,000 ONEID, the token allocation strategy is designed to ensure sustainable growth and attract widespread community participation. The main allocation categories are as follows:
1. Core Contributors & Advisors: 25% of the total supply (250,000,000 ONEID)
Tokens will be released according to a schedule: 0% at TGE (Token Generation Event), then locked for 6 months and gradually unlocked over the following 30 months.
2. Investors: 25% of the total supply (250,000,000 ONEID)
Similarly, these tokens will be released following the same schedule as Core Contributors, with a 6-month lock-up and gradual unlocking over the next 30 months.
3. Ecosystem Growth: 20% of the total supply (200,000,000 ONEID)
These will be fully released (100%) at the time of TGE.
4. Community Treasury: 20% of the total supply (200,000,000 ONEID)
These will also be fully released (100%) at the time of TGE.
5. Community Sale: 5% of the total supply (50,000,000 ONEID)
These will be fully released (100%) at the time of TGE. This offers an opportunity for the community to acquire ONEID tokens.
6. Community Airdrop: 5% of the total supply (25,000,000 ONEID)
These will be fully released (100%) at the time of TGE.
7. Liquidity Provision: 5% of the total supply (25,000,000 ONEID)
These will also be fully released (100%) at the time of TGE.
ONEID Token Sale Event:
OneID will hold a token sale on the Starship platform from 14:00 on April 17, 2025, to 14:00 on April 18, 2025(Vietnam Time). This sale will adopt the Subscription model and is only available to Starship NFT holders.
Total Fundraising Goal: 50,000 USD
Token Price: 0.001 USD (~0.02 C98, based on the average closing price of the last 7 days: 0.05 USD/C98)
Purchase Method: C98 Token (VRC25 network)
Minimum Purchase Amount: 100 C98 per wallet
Maximum Purchase Amount: 20,000 C98 per wallet
Participation Requirement: Complete OneID KYC verification and own a Starship NFT
Network: Viction (VRC25)