INKubator
To continue with the decentralized nature and governance of OCTO, I Propose that all projects utilizing the INKubator program pay a portion of their project to an INKubator Fund that they can later rebuy. For example, Project ??? uses the INKubator. For ease of explanation, let us say this project has a total supply of 100 ______ tokens. To use the Inkubator the project pays an 8% fee of their project tokens (8 ??? tokens) Which has a lockup time of 8 months. For the launchpad Octo holders receive a proportional of ALLOCATION (not tokens) for presale buy, let us say the Project allots 10% of their token (10 ___ tokens ) for the launchpad.
So OCTOholders can buy up to the percentage of OCTO held. Example: Mr. Tentacool holds 20% of the OCTO in circulation. Mr. Tentacool gets to buy up to 2____Tokens. Now once the presale is over the ______ that was paid to the INKubator fund starts its count down for 8 months. Depending on how well the project does these 8 months will be a period for ______ Project to buy-back however many ____ tokens back from the INKubatorfund. (remember earlier they paid 8 ______ tokens to the INKubator so if they have to means to buy back all 8 ______ tokens then they can within the 8 month lockup period. Once the 8 Month lockup period ends, whatever amount of ______ tokens that are left in the INKubator fund gets airdropped to all OCTO holders in the same fashion fees are paid out.
This ensures that the team will try everything they can to get their project going so they don't lose out on their safety deposit. After 8 months then the project is ready to go on its own and Octo no longer has anything to do with the project unless the community intervenes by governance
The numbers used are just for explanation purposes of how this system works.
**** Note this is also in conjunction with the already mentioned 30%-100% Presale funds that is loccked
