How it works?
By utilizing WORLD coins, individuals have the opportunity to acquire ownership of cities by obtaining a proportionate amount of coins in accordance with the population. This enables users to stake their claims and establish their ownership.
Claim, Govern and Grow
Through the use of WORLD coins, users can stake their claim and gain ownership of cities by acquiring an equivalent number of coins relative to the population. While the cost of claiming a city is higher for more populous areas such as Tokyo, the corresponding rewards are also greater. Users can start by claiming smaller towns and cities, gradually progressing to counties, states, and even countries. Claiming a city is an investment that yields rewards while the user maintains ownership. Ownership can be sold/traded with others or released returning coins used to claim it.
In the current stage of development, our platform enables users to explore the globe and navigate through various countries, states, and cities. Users integrating their cryptocurrency wallet with the World Population Coin site, users have the opportunity to claim ownership of cities. The ownership of a city is acquired by owning $WORLD equal to the population of that city. For instance, if the population of a town is 2,365, the user will need 2,365 $WORLD to claim ownership. Once a city is claimed, the corresponding coins are locked in smart contracts until the city is sold, traded, or released.
NFTs
City owners can mint a unique and exclusive 1-of-1 NFT for every city they own. Each NFT is uniquely designed by a local artist from the region, capturing the essence of the city in a distinctive way. These NFTs can be traded in the marketplace, and for every trade, owners receive a 5% royalty fee of the NFTs minted, a higher percentage return on FYG, and future added real word functionality.
General Guidelines
Users will be able to interact with a world map of the globe, moving around and zooming in to view cities around the world.
Cities will be colored and labeled as available, tradeable, or unavailable.
Unavailable cities are unreleased or have been locked by the owner for a set period of time
If you are the owner of the city, it can be released (where your coins are returned) or it can be put up for trade at a price you set.
When cities are claimed, coins are locked through smart contracts until the city is sold, traded, or released. Coins are unlocked when a city is released.
Claiming over 50% of a county will grant ownership and unlock additional rewards. The same applies to states and countries.
Benefits of owning cities include a 60% of the 5% transaction tax redistribution, free airdrops, DAO voting, and exclusive 1 of 1 NFTs, among others.
Global population increases by approximately 1% annually. To incentivize city ownership and offer higher rewards, we will distribute excess rewards in BUSD and BNB.
