Every year, over 1.23 billion beverages are purchased worldwide, making it one of the largest global industries, and it’s only expected to grow! D.E.B.T. is revolutionizing the $1.8 trillion beverage industry by bringing it into the world of crypto. Rather than create our own proprietary formula, BEV, the seventh D.E.B.T. project, is supported by royalties generated from the bottling and distribution of multiple beverages for multiple companies.
BEV tokenomics have been designed based on the economic theory of supply and demand. As a deflationary token, the number of tokens in the ecosystem will continue to decrease, thus potentially increasing the value over time. With a set number of licenses and tokens that will ever exist, the BEV project tokenomics are supported by five areas:
- 300,000 BEV software mining licenses will exist. 150,000 available for retail purchase and 150,000 treasury licenses.
- BEV software mining license activation. 50,000 tokens are generated per license and added to the EGI pool, providing a finite total of 15 billion BEV tokens.
- Beverage Distribution Blockchain (BEV) project royalties will purchase token out of the ecosystem and burn them.
- Beginning April 1, 2023, each quarter, 25% of the EGI pool will be burned.
- 10 % Transaction fees are charged for each transaction involving BEV. This includes, but is not limited to withdraws, swaps, transfer, and purchases. 100% of these fees will be burned monthly.
BEV Project mining licenses that are active and communicating with the ecosystem will be rewarded with daily rewards. Each 24-hour cycle begins at 0:00 UTC (GMT) daily. Daily rewards (mined tokens) are deposited to the Piggy Bank in the Rewards section of the D.E.B.T. Dashboard and can be withdrawn to a private D.E.B.T. wallet once the minimum balance requirement has been achieved.
BEV is paired with the DEBT token. Rewards generated today are deposited to the BEV Piggy Bank wallet within 24-hours. Withdraw these rewards to your D.E.B.T. wallet using the dashboard. Rewards can then be stored, exchanged for other currencies, or used to make additional D.E.B.T. software mining license purchases. Take a look at our lite paper for a more in depth look at BEV and the DEBT Box ecosystem.
For every purchased BEV software mining license, a pre-determined amount of BLOX tokens will be placed into the BEV Ecosystem Growth Initiative (EGl) pool. This creates enough liquidity in the ecosystem for every token digitally mined. The BEV project will offer 150,000 retail software mining licenses. When all BEV software mining licenses are sold, the licenses will be converted to transferable NFTs, becoming a perpetual asset.
See For Yourself
BEV is a BEP-20 token running on the Binance network. Visibility of the token contract, daily mining and wallet holders can be found on BSC scan. See the market value, available liquidity and trading pairs available on PancakeSwap. Buy some token and participate in the growth of the DEBT Box ecosystem.