Bullieverse will gradually evolve into a decentralized, community-owned organization. This process occurs as the Bull token is distributed among players, creators and the community, with ownership of Bullieverse Inc, becoming less concentrated over time.
Contents:
Bullieverse project tokens and general description
Bull token — the governance token of the Bullieverse. Interaction with Bull tokens is usually carried out by three participants. All Bulls transactions between these participants will be carried out under smart contracts. The Bullieverse Foundation acts as an incubator platform for the creation engine. As a result, any assets, created on the platform, will share part of their income with the fund through smart contracts.
Shell — the in-game currency of Bullieverse. Players will use Shell tokens to purchase in-game assets such as weapons, special abilities, health potions, skins, and more. It will be used as the currency in the market.
Shell token supply will be limited to 1,000,000,000,000 tokens for the first 5 years and will be used to fund the gaming economy. The supply of Shell tokens will be regulated by the community DAO. The player can replenish their NFT by burning 1000 Shell tokens for the first time. This increases exponentially each time the NFT is replenished. Also, every time the NFT tops up, they lose the automatic top up for that window of time.
The sources of DAO income from the Bulliverse economy:
| 1. | 2.5% of transactions from the secondary market of COBI NFT trading on OpenSea royalties. |
| 2. | 5% commissions from transactions on the marketplace (in-game assets, cosmetics, NFTs, lands) and in-game purchases. |
| 3. | 5% of fees from the author's marketplace. |
| 4. | 5% of the entry fee for the competition. |
The first phase of the Bullieverse launch will focus on Bear Hunt. Members of the Bulliverse community will have the privilege of buying and owning land. They can also rent it out for events.
Project site ownership
Land — a tokenized piece of land on an island that community members can buy and rent. The developers release the island and make the land available for purchase by members of the community. A piece of land, once purchased by the community, can be enriched with various assets that can be purchased at The Bull Market. Landowners will also be able to host shows and community events. A portion of the rent, collected for these events, will go to the DAO.