GuessOnChain Whitepaper
  • 1. Introduction
  • 2. Platform Overview
    • 2.1 Market Section
    • 2.2 Bet Placement
    • 2.3 Leaderboard Section
    • 2.4 Balance Section
    • 2.5 Analytics Section
    • 2.6 Bet Position
  • 3. Revenue Model
    • 3.1 Platform Fees
    • 3.2 Revenue Sharing
  • 4. How to Use the DApp
    • 4.1 Prerequisites
    • 4.2 Getting Started
      • Step 1: Connecting your Wallet
      • Step 2: Ensuring USDT on Arbitrum
      • Step 3: Exploring & Choosing a Market
      • Step 4: Placing a Bet
      • Step 5: Monitoring Your Bets
      • Step 6: Withdrawing Winnings
    • 4.3 Important Notes
  • 5. $GUESS Tokenomics
  • 6. Roadmap
    • 6.1 Community Building and Testnet Release
    • 6.2 Token Launch and Mainnet Release
    • 6.3 Influencer Marketing and Enhanced Features
  • 7. Conclusion
  • 🔗Links
    • Website
    • Telegram
    • Twitter
    • Medium
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  • Token Details:
  • Tax Mechanism:
  • Token Distribution:

5. $GUESS Tokenomics

Token Details:

  • Ticker : $GUESS

  • Native Network : Ethereum

  • Max Supply : 1 Billion $GUESS tokens

  • Max wallet : 1%

  • Max buy on launch : 1%

  • Max transaction on sell and transfer : 0.5%

Tax Mechanism:

Every transaction, be it a buy or a sell, is subject to a 5% tax at launch. Please note that as the platform matures and grows, we anticipate reducing this tax rate, ranging from 3% to 2%. The breakdown of the tax allocation upon launch is:

  • 3% is dedicated to Development efforts. This ensures continuous improvement, innovation, and upkeep of the platform.

  • 1% goes towards Marketing. This allocation is vital for outreach, partnerships, and ensuring that Guess On Chain remains at the forefront of the decentralized betting space.

  • 1% is for Proof Platform Fees. PROOF contracts are built in a way that prevents the project from performing the common scam tactics. Things like stopping you from selling the token, removing the liquidity, raising taxes past a certain threshold + more are all impossible with PROOF launched tokens.

Token Distribution:

10% : Advisors and KOLs

90% : Liquidity

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Last updated 1 year ago