Tokenomics
Tokenomics
What is a CERT?
A Certicos Coin (ERC-20: CERT)* is a form of Deflationary Cryptocurrency that was developed as the mechanism for transacting to capture document transmittals into a Staked Blockchain storage system using IPFS (Interplanetary File Storage). In this respect the Certicos Token acts as a coin to transact the creation of an eSignature document on the Certicos Blockchain**. Each time a Creator (user) creates an eSignature document and submits it to either themselves or others; a quantity of Certicos Coins is required to complete and store that transaction in the Certicos blockchain. This is called the gas fee (CERT). The amount of CERT required for completing a transaction (i.e. digital envelope) is a fixed equivalent tethered to the USD price for a First Class US Postage Stamp (Labeled). We are now offering that the Approver of the document receives 100% of the CERT token price to place on the Blockchain.
Here is the latest CERT Token Pricing. See our pricing page for more details:
It is the intention of Certicos to use the US Postage Stamp rate for the price of the equivalent envelope service in kilobytes (kB) when the platform moves to Central Exchanges.
*Certicos is no longer on the Binance Smart Chain. Make sure you visit and use the Certicos Token CERT on the Arbitrum One Network.
**The CERTICOS Coin operates within the Certicos Coin Ecosystem while transactions are conducted on the platform. However, once removed from the platform, the CERTICOS Coin transforms into a Token. It adheres to the ERC-20 Token standard on the Arbitrum One Network, evident through its presence on Arbiscan. Notably, all transactions conducted on Certicosign.com are exclusively recorded on the Certicos Blockchain. An Arbitrum One Network Arbiscan Explorer transaction is triggered only when transactions are moved off the platform to an external wallet.
TOKEN SUPPLY
Minted Tokens: 700,000,000
Locked Tokens: 200,000,000 (To Be Locked February 2024)
Community Minted: 300,000,000
Operations Minted: 32,000,000
Insiders Minted: 168,000,000* (44,000,000 Locked Year 1; 44,000,000 Locked Year 2)
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Total Token Supply: 700,000,000
*As part of Certicos’ commitment to transparency and community trust, insiders will be required to pool their tokens during the initial year of Certicos’ presence on Centralized Exchanges (CEXs). This involves a vesting process where Steering Committee Members contribute their tokens by pledging them to CEXs. The contribution will be based on a percentage share, with Steering Committee Members collectively pooling their tokens to facilitate the listing on each exchange. This strategic approach serves to mitigate the risk of Rug Pull, as the tokens made available to the exchange communities will be those of the insiders, reinforcing our dedication to fair and secure practices.
Certicos Launch Roadmap
The CERTICOS Coin is a ERC-20 token on the Arbitrum One Network and it is the intent of Certicos LLC to introduce and make the CERTICOS token (ERC-20) available on numerous global Crypto Centralized Exchanges (CEX) Globally in 2023.
Phase 1: BETA Testing Mode September 2023 – mid November 2023: COMPLETE
UPDATE June 14th: Site is LIVE for BETA Testing. Full functionality exist for uploading and creating eSignature Documents and submission to the Blockchain. Highlights of BETA Testing is to have actual BETA Testers on board to assist in feedback and reward participants with Tokens and build Community with all Users. Certicosign Wallet is fully functional accepting BNB, ETH, and tethered to both USDT and USDC.
Implement and utilize customer support chat features and complete tutorial videos based on BETA Tester feedback.
Additionally, we are offering a reduced pre-launch token pricing for recoup development cost, and fund transaction fees and will be conducting a limited advertising campaign on Twitter, Telegram, and Instagram to promote the Certicosign Site and capabilities.
Special Programs: Airdrop(s) planned for July 2023 to build community for users on the platform and populate outside Wallets. Moving your Certicos Token to Metamask Wallet
Phase 2: December 2023- January 2024: IDO Launch and DEX Pairs
Anticipated conducting Pancake Swap Pair SWAPs at a substantially reduced pricing for a limited time and quantity. Certicos will also have a security audit conducted during this time.
Certicos will accelerate advertising and begin creating AMA and User Case videos and any training videos on how to create your own online documents with our CSS/HTML document creator.
Certicos will develop the Web3.0 Features and conduct improved SEO, and create partnerships.
Phase 3: January 2024- June 2024: IEO+ICO CEX Crypto Exchanges and listing on CoinGecko and CoinMarket Cap.
How a CERTICOS Coin Works
Think of a CERT Coin like a token you’d use at a car wash or a ticket for rides at a fair or carnival. Similar to buying tokens from a machine (Certicos Wallet), you acquire CERT Coins to facilitate transactions within our ecosystem. Just as you’d use tokens for services like washing your car or enjoying a carnival ride, CERT Coins cover the gas fee for transacting your eSignature documents within the digital envelope on the Certicos Blockchain.
It’s as straightforward as that! The CERT Coin offers this service at the cost of a First Class US Postage Stamp, providing a global solution. Unlike traditional eSignature competitors with monthly subscriptions, CERT Coins involve no recurring costs. Document Creators pay a minimal storage fee within the IPFS System in Certicos Tokens, ensuring encrypted files are distributed to over 50 servers worldwide, making them immutable and resistant to alterations.
