πLitepaper
About the project
CyberTime is a DeFi + NFT Fantasy League at BSC. The team has already successfully implemented NFT Fantasy League, DAO voting with governance token CTF and LP farming. Audited by Certik
NFT Fantasy League
CyberTime Fantasy League will consist of 5 main modules:
The system of auctions of authors from the League and invited guests
Secondary Market
Burning NFT
DAO Qualify
Fantasy Teams
Let's tell you more about each module Auctions Auctions allow league members to exhibit their work (4 rarities) and sell on NFTL.art Secondary Market The ability to sell / buy CyberTime NFTs purchased at the auction
Fantasy Teams You can assemble a team of authors and works. Points are awarded for the popularity and activity of authors / NFT in auctions, secondary market, burning module
Burning NFT Watch CEO Dmitriy Boshenyatov talk about Burning module with Conference.NFT
Works by artists from the league are sold in 4 rarities (Genesis, Legendary, Epic, Rare). For each rarity, a pool will be created, where NFTL will be regularly listed.
Each CyberTime NFT holder has a choice: hold, sell on the secondary market, or burn and receive tokens from the pool.
This mechanism will help to solve 2 main problems of NFT young artists: liquidity and value. The NFT holder always has the opportunity to get into money, on the other hand, he burns the NFT and adds value to other holders. DAO Qualify
Qualification system for crypto artists in the NFT Fantasy League.
There will be qualifications for 9 participants. The top 3 will share the prize pool in the proportion:
1st place - 40% 2nd place - 30% 3rd place - 20% 4th-9th place - 10% will be divided for each
To qualify, you need to recruit CTF votes from holders.
NFTL Tokenomics
What are the benefits for $NFTL holders?
1. NFTL will be the platform's key token. Artists' works will be sold for NFTL, there will be a crypto token market for artists paired with NFTL, the token can be used to buy access to Fantasy League, etc. The demand for a token increases its value. 2. NFTL burn after each successful NFT sale (initial burn rate is 10%, but it can be changed by the community on the DAO vote) 3. Income from all products goes to the Community Dev Fund and the community votes on what to allocate funds
BEP-20 Token Name: NFT Fantasy League Symbol: NFTL Total number of tokens: 86,400,000 Distribution scheme: - 30% Cyber ββFarming - 35% Crypto Artist Contests - 35% Fantasy League
CTF Tokenomics
What are the benefits for $CTF holders?
1. Participation in voting for the development of the project 2. Participation in the distribution of funds from the community development fund 3. 100% of the league stages for BNB will go towards the CTF buyback at market price. The income goes to the Community Dev Fund and is distributed by the community itself 4. A portion of the profits from other products within the ecosystem will be channeled to the Community Dev Fund and distributed by the community.
BEP-20 Token Name: CyberTime Finance Token Symbol: CTF Total supply: 86,400
Distribution 70% - NFTL / BNB LP Pool 20% - CTF / BNB LP Pool 10% - Team
We laid down the logic in a smart contract based on shares by pools - 80% NFTL / BNB and 20% CTF / BNB and 10% to the team from both pools.
All CTF tokens will be distributed according to the following scheme:
From the second month and every 30 days after that, the decrease will be 80%. This means a softer scheme. Here is a table of token distribution for the next 12 months in our Docs.
CTF Distribution started February 25, 2021
Days | Distributed | Circulating Supply | % distributed |
30 | 17400 | 17400 | 20.24% |
60 | 13920 | 31320 | 36.25% |
90 | 11136 | 42456 | 49.14% |
120 | 8909 | 51365 | 59.45% |
150 | 7127 | 58492 | 67.60% |
180 | 5702 | 64193 | 74.30% |
210 | 4561 | 68755 | 79.58% |
240 | 3649 | 72404 | 83.80% |
270 | 2919 | 75323 | 87.18% |
300 | 2335 | 77658 | 89.88% |
330 | 1868 | 79527 | 92.04% |
360 | 1511 | 81021 | 93.77% |
NFT Time Collection
We will create an exclusive NFT collection of 86,400 NFTs (the number of seconds in 24 hours).
This is a performance project that develops at the expense of the community. We plan to work with authors, winners of NFT League stages to create unique NFTs.
Each author will be allocated 1 minute = 60 seconds = 60 NFT, where they create a unique piece. It will be the same on all 60 NFTs, the only difference will be the changing seconds. Having bought 1 NFT, a person buys 1 second from the CyberTime world.
The special feature of the project will be the native token that will be launched: $SEC. It will allow the owner of the NFT to make an exchange in one direction or the other at any time and will greatly increase the NFT's liquidity.
DAO Fund
Within the league, all stages will be divided into 2 directions of payments: BNB & NFTL
The BNB stage includes: voting, Fantasy Team formation, auction sale for BNB. Accordingly, during the NFTL stage, all calculations are in this token.
All income from BNB stages is distributed as follows: - 100% of profit goes to the buyback of CTF tokens at the market price and this CTF tokens goes to the Community Development Fund and distributed by the community.
All income from NFTL stages is distributed as follows: - 100% of profit goes to Community Development Fund and distributed by the community
The team will not have access to Community Dev Fund. The distribution of the amount will take place through the voting of the token holders
Voting system: - We launch a voting system - https://snapshot.org/#/cybertime.eth - Each owner of 8.64 CTF tokens can vote.
DAO Fund - 0x97d7df0677bB25547fbb95084C4C02b2864fF78f Crypto Artists Fund - 0x919d94886d13A0B747a1Ab8CED3C3C7813bE15E9 Fantasy League Fund - 0x1866dDA654BA90d573f2B0235b9F9E45E951b1Af Reserve Fund - 0x5f34C004F0818F4ed4ED2Dd5A6eEA63c80fAf78a
Security Audit
Audit by Adesh Kolte
We have worked with Adesh Nandkishor Kolte to audit all of the code that powers CyberTime Finance. Adesh is an Independent Information Security Consultant focusing on security assessments (applications, infrastructures and smart contracts). Previously worked as bug bounty hunter with Multiple organizations like Microsoft (MSRC), Apple, Google, Zoho, Siemens etc. Twitter - https://twitter.com/AdeshKolte Medium - https://ad3sh.medium.com/
Audit by Certik Foundation - Coming soon
https://www.certik.org/projects/cybertime
Team
Dmitriy Boshenyatov - CEO - Linkedin / Telegram Valerija Kraeva - UX/UI Designer & Illustrator - Linkedin Goro Ishida - Solidity / Backend Developer - Linkedin Bogdan Sinitsja - Frontend Developer - Linkedin Ekaterina Kosova - SMM Manager - Linkedin Anastasiia Zhulanova- Assistant - Linkedin
Roadmap
Q2 2021
Launch cybertime.fund with DAO voting + feedback on Canny
First auctions with artists on NFTL.art
Launch Qualifications for Cryptoartists
Move liquidity and pools from v1 PancakeSwap to v2 PancakeSwap or ApeSwap (decided by the community via DAO voting)
Collaborate with renowned cryptoartists and community member (e.g. NFT by Alex and Mr. Hui)
Launch marketing on BinanceRocket, BSCScan, Defistation, Bitmedia, Coinzilla, 4chan, Twitter etc.
Conduct a marketing campaign on a well-known portal in Hong Kong
Q3 2021
Launch an NFT aftermarket
Integrate projects into the secondary market (following the example of NFA from ApeSwap or Neural Pepe)
Implement a value and liquidity enhancement module for CyberTime NFT
Enter the mainland China market (website localization, separate community, marketing, cryptoartists from China)
Q4 2021
Implementation of Fantasy Teams mechanics when interacting with NFTs and cryptoartists
Patreon system for the NFT market
Integration with another chain or bridge with Ethereum
Exchanges & Listing sites
PancakeSwap - DEX
NFTL - https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xE5904E9816b309d3eD4d061c922f5aa8f3B24C92 CTF - https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x410319197d3394652B7ddDc669E58fbe30B56090
CoinMarketCap
NFTL - https://coinmarketcap.com/currencies/nftl-token/ CTF - https://coinmarketcap.com/currencies/cybertime-finance-token/
CoinGecko
NFTL - https://www.coingecko.com/en/coins/nftl-token CTF - https://www.coingecko.com/en/coins/cybertime-finance
NFT Series
NFT-01 Evangelist
NFT-02 Farmers
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