Narath

Narath :

*Updated 18th August, 2022

Introducing Narath:

Incentive & Sponsorship token with plentiful supply but released slowly over time!

Name: NARATH

Symbol: NARATH

Contract Address: 0x0cb20466c0dd6454acf50ec26f3042ccc6362fa0

Supply: ~~300 000 000 000~~ 299,411,550,000

Supply incrementally locked up in time locks
Supply released over time; thereby coming slowly into the community
I set about half the initial time locks; added initial liquidity & locked most of it.
As with Konra and all Kingdom tokens, they’ll become more scarce as the years pass.

Decimals: 18

Minting Baton: Closed; Ownership Renounced

Burning Possible:

Yes; Narath may be burned or sent to the dead address.

In fact millions of Narath are burned every month.

AirDrops:

Yes, multiple airdrops exist, many of them as part of the Million Wallet Challenge

PreSale:

Use Cases:

Incentive for Crypto & SmartBCH Adoption
Tipping token
Giving Sponsorship to others (Read Cash)
Peer to Peer currency
Rewards & Bounties
Transition Project
Sponsorship

Cool stuff:

Narath are slowly released into the community. Most tokens are locked up in a series of time locks.
Narath will not be minted. Total supply is as issued.
Narath can be burned and / or sent to dead address.
Narath can be recycled if needed, tokens are occasionally bought back and re-released into the community.

Originally the use cases were supposed to be split among two tokens, but I’m combining them as they can serve both purposes; in limited capacity at first and then later on more thoroughly. There will be a number of tests involving Narath to see if we can’t do something wonderful. While it may seem that there’s a lot of Narath, the time locked supply will exert pressure over the market as the market won’t be flooded with Narath.

The no presale policy will help keep the market from being flooded as well. Unless someone is new to the Kingdom, helps out the Konra ecosystem, helps further Crypto and SmartBCH adoption, farms a handful of Kingdom tokens or purchases Narath they can’t get them.

Narath to further Crypto Adoption of SmartBCH & Konra ecosystem:

These are tokens that will be used as part of the Konra ecosystem to enable people to learn about various crypto concepts and try out different stuff. Eventually you’ll be able to get Narath (and other tokens we get with the income from the project in the future) for doing specific things to help educate others about basic concepts, creating websites and information about SmartBCH and Konra, helping writing guides for doing swaps and other things.

Sometimes this will be automated, other times it will be manually rewarded for members of our community.

While anyone can earn Narath, they’re specifically meant to reward those who help Newbies interested in Crypto and those who help to grow the Konra Ecosystem. Some Narath may be earmarked in the future to reward newbies for doing certain actions to incentivizing them with earning as they learn.

It’s a crowdsourced currency as adoption and new users coming into the crypto market benefits all of us. As such we all as a community assure the tokens gain and retain value; every trade we do with Narath as a community directly boosts adoption. Narath is airdropped in the massive Million Wallet Challenge and can be earned by newbies learning about crypto concepts, or by doing specific things that help the project and smartBCH as a whole; such as sponsoring people from around the world for writing more cool stuff on Read.Cash.

Down the road with some help challenges can easily be presented to community members that can earn them Narath for completion.

Guides who help people navigate the basics and answer questions for new community members can gain Narath too for their newbie guidance. Those who write how to’s or create helpful videos for newbies may also get Narath for each resource created and made public as long as they’re active members of the Konra community too.

The more we want to onboard new users to Bitcoin Cash (and SmartBCH) the more we’ll trade / provide liquidity and boost Narath tokens as these are awarded to people for interacting with blockchain and crypto concepts and exploring the Bitcoin Cash and SmartBCH ecosystem.

Of course we’d also provide liquidity to Narath – Konra trading pools and do our best to make Narath ultra farmable across SmartBCH.

Lastly we also have our AutoStake program where everyone with at least 300 Million Narath in their wallets gets a part of a 1000 Rastjn Bounty each month, each according to their share of Narath held.

Narath as Sponsorship & Conditional Reward Income:

While this use case is something that will only slowly be implemented it’s going to be an experiment where each month a certain amount will go back into the community in forms of sponsorship, something I’m hoping will eventually empower people across the world.

This will incentive community members to *always* think of how to best help the project succeed in the long term.

We’ll be starting it by having Narath Sponsor people from around the world on Read Cash.

To help with all of this Narath was created as an SEP20 token as well and it’s listed in multiple places too, just like Konra. Narath tokens will have a higher supply than Konra; but the minting will be dead – ended meaning the total supply will be set. Narath may be burned in the future for various reasons and recycled to supply the needs of the community.

Most Narath are locked in time locks:

Many Narath tokens are planned to be locked up in time locks where they will not be released until at a later time frame, so and so many of them allocated per x # each year.

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Lock # 0x382a93DE3951a85e57b56bFD434D3A10716cef6D (BenSwap; Lock of Tokens)

60,000,000,000 (sixty Billion); will be locked until Dec 16, 2022

https://benswap.cash/benlock?lock=0x382a93DE3951a85e57b56bFD434D3A10716cef6D

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Lock # 0xB8Df8F65661C2b3B22BfACd9595775C227AaE59E (BenSwap; Lock of Tokens)

50,000,000,000 (Fifty Billion); locked until Dec 16, 2023

https://benswap.cash/benlock?lock=0xB8Df8F65661C2b3B22BfACd9595775C227AaE59E

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Lock # 0xD1ee7b66512A31754B8b9947A8F0aD2A452A7e01 (BenSwap; Lock of Tokens)

40,000,000,000 (Forty Billion); locked until Dec 16, 2024

https://benswap.cash/benlock?lock=0xD1ee7b66512A31754B8b9947A8F0aD2A452A7e01