OKLG and Moontography Set to Become a Mega Ecosystem
Atlanta, Georgia--(Newsfile Corp. - December 1, 2021) - OKLG and Moontography present to the public a never-seen-before phenomenon in crypto space: the looming creation of a mega ecosystem. The ecosystem is a combination of the former's tenets of culture, meme, community, and utility and the ultra utilitarian model of the latter.
OKLG is short for ok.let's.go. The project is an offshoot of Moontography, a platform with value-based decentralized apps (dApps) built on over 5 blockchain ecosystems and counting. Moontography is a platform intended to lower the barrier of entry for crypto projects by providing them with cost-effective but efficient and credible apps to scale up. OKLG will leverage the industry's sentiments towards memes and culture tokens to spread the word about Moontograpy.
OKLG and Moontography are set to merge into one interesting ecosystem
What Does OKLG Bring to the Table?
OKLG seeks to change the perception of meme coins as it passes the new packs many rewarding features to all parties involved while also lending support to other crypto communities. Some of these features include:
1. Buy-back for Frens
The "buy-back for frens" feature is OKLG's way of rewarding holders by either buying and burning OKLG to raise the unit valuation or distributing the tokens bought in percentages proportionate to the value of holders' portfolios. The phrase "for frens" is not limited to members of the community alone. For projects that are newly starting out and need help scaling, OKLG will buy back their tokens so that their valuation goes up. Which in turn increases the adoption of such projects. Projects to benefit from the feature will be decided upon by the OKLG community.
2. Rewards Booster and Fee Exclusion
A smart contract with the above feature is created to help increase user earnings by increasing their rewards and excluding gas fees from such wallets. Holders only need to hold the stipulated minimum token amount in their wallets to qualify for this feature. As the OKLG community is all about collaborating with other crypto-based projects, wallets holding NFTs from partner collections will also boost their rewards. A periodical poll and voting process will determine the reward metric pending the creation of a formal governance process.
OKLG's Innovative Tokenomics Model
The tokenomics model of OKLG is designed to promote interaction, engagement, and collaboration throughout its ecosystem.
2% Native BNB/ETH Rewards: users can claim from a pool native tokens 12 hourly after every transaction involving $OKLG. It could be a buy, sell, or transfer action. However, there is a catch. Users must claim these regards at the appointed time as the rewards do not accumulate. This is done to promote user engagement at all times.
2% Reflections and Redistribution: OKLG holders are automatically rewarded with more OKLG tokens for every buy and sell order made.
2% Dynamic Buy-back: the OKLG platform is designed to continuously buy back and burn $OKLGs to raise the floor price of the token. This feature can also be extended to other developers whose tokens are listed on either Unisap or Pancakeswap. These tokens can be burned or gifted away.
4% Treasury: marketing, research, and development of the project. This promotes increased adoption of the OKLG token, and the development of new features will only accelerate the spinning wheels, the double dose effect.
The OKLG Utility Model
The utility model adopted by OKLG is pretty simple. It aims to ensure seamless user interaction across the Moontograpy and OKLG platforms and assist other blockchain-integrated projects.
There are 6 live apps on the Moontography platform that can help crypto and non-crypto-based projects operate efficiently. Up until now, the apps have been driven and paid for using MTGY tokens. Soon, the price for the usage of the dApps will be revised, as will the payment method. Users can decide to pay using either native (BNB/ETH) or OKLG tokens.
A formal consulting service for crypto projects on how to raise money for liquidity purposes, multi-chain launch, and how to go about bridging services will be built into the OKLG ecosystem. The service will require projects to pay in OKLG tokens which will be burned or used to leverage any opportunities that can raise the token price.
Who Can Partake?
New and old investors can. Holders of MTGY can swap their MTGYs for OKLGs on the Moontography interface. Considering the tokenomics model, OKLG will be the most sustainable. This is only an educated postulation based on the metrics and is in no way financial advice.
About OKLG and Moontography
OKLG is a meme, culture, community, and utility-driven platform that rewards and incentivizes users with native and OKLG tokens. It aims to leverage the traction of memes and culture for mainstream adoption of Moontography's suite of dApps.
Moontography is a suite of dApps that is aimed at reducing the entry barrier for crypto projects. The platform is built on the Binance Smart Chain (BSC), Ethereum, KuCoin Community Chain, and Polygon networks and boasts of about $400 million Total Value Locked (TVL) in smart contracts.
Ok.let's.go. into the next year! Ready?
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