Futurov FTV Overview

Published on: 03.06.2021

Futurov is a community owned multi-media entertainment platform and end-to-end NFT hub brining live TV, shows and financial education. It is a decentralised, non-profit organisation & ecosystem. Futurov will be offering a non profit & censorship resistant source of immutable news, entertainment & media through the first ever community voted streaming OTT protocol.

TOKEN INFO

Name: Futurov Token                                                                 

Ticker: FTV

Address: 0xfd2ceaf2a104b2817d8d3252801c52af6b8dae77

Initial Supply: 8,000,000,000

Final Supply: 1,000,000,000

Market: Pancakeswap

51% of all revenue generated through all business ops including but not limited to non intrusive ads, NFT sales and Originals will be used to buy back and burn (FTV) until we reach the 1,000,000,000 supply goal. After which the burning will stop and the rewards will increase of the remaining 49%:

  • 21%  sent back to the Originals reserve
  • 23% sent to the community funds for R&D to ensure acceleration
  • 76% redistributed as engagement rewards to creators, distributors & users.

Staking

  • 84 x Director Nodes – 1,000,000 (FTV)  Voted by the community
  • 142 x Lead nodes –  100,000 (FTV)  Open to anyone
  • 100,000 x Hand Nodes   1,000 (FTV)  Open to anyone

Any amount can be staked for a minimum and stable 4.2% APY, Locked for a minimum of 12 weeks which grows in accordance with the amount of FTV staked then multiplies by 2.4 for every 52 weeks it’s untouched.

Utility

  • Governance – Token holders suggest, vote and implement cancellations, renewals & additions.
  • Currency – Being the core currency of the d’app allows for free and instant transtactions
  • Rewards – Token holders recieve airdrops (NFT’s). From tickets to events, merch or collectables   
  • Staking – High interest rates for locking in tokens while also earning the rarest of NFT air drops
  • Engagement – An inflationary fuel token released with community votes deciding tokenomics
  • Filmanthropy – A TBD % of the fuel tokens will be allocated to industry specific philanthropy

All liquidity and allocation tokens will be locked for 90 day periods whereby the community of token holders vote on action taken. A clear release schedule will be planned with the token holders prior to liquidating meaning there is absolutely no internal sell pressure for a minimum of 90 days, from launch. 

ABOUT FUTUROV
Futurov is a community owned multi-media entertainment platform and end-to-end NFT hub brining live TV, shows and financial education

RESOURCES
Website

 

 

 

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