Welcome to SELO+, the cutting-edge platform that's revolutionizing Web 3 with innovative services tailored for both online and offline communities. By seamlessly integrating hyperlocal and digital experiences with blockchain technology, SELO+ is driving the next wave of Web 3 adoption. Anchored by its dynamic projects, BuzzBit and SellOn, SELO+ offers an all-encompassing ecosystem for crypto enthusiasts and everyday users alike. Dive into the ultimate crypto launchpad with BuzzBit, loaded with real-time market insights and exclusive member perks. Experience the unique blend of Social-Fi and NFT integration with SellOn, bridging real-world activities with digital rewards. Join us on this transformative journey and discover the limitless possibilities of SELO+.
What is SELO+?
SELO+ builds Web 3 services that people need, use, and continuously desire by connecting hyperlocal and online experiences to the blockchain. As part of its early projects to popularize Web 3, SELO+ provides both online and offline Web 3 services through BuzzBit, an online crypto community app, and SellOn, a Web 3 version of a hyperlocal used goods trading app.
BuzzBit: The Ultimate Crypto Launchpad
BuzzBit is one of SELO+'s decentralized applications (dApps) that provides all levels of crypto data to users with real-time daily news updates, curated event notifications, the latest project analyses, and market insights. In BuzzBit, SELO can be used for reward membership, promotion of crypto projects, VIP access, and premium data. By using SELO, BuzzBit builds an active crypto community and crypto analytic investment groups, positioning itself as the ultimate crypto launchpad platform.
SellOn: Bridging Real-World Experience with Web 3
SellOn is a hyperlocal-based life logging app with inbuilt Social-Fi and augmented NFT narratives that optimize the experiential Web 3 for users by implementing real-world experiences into Web 3 NFTs. In SellOn, SELO can be used to promote local businesses, acquire real-life rewards, launch group purchases, and encourage on-chain participation.
The SELO Token: Governance and Utility
SELO is the governance token that serves as a medium to connect users and foster participation in the expanding SELO+ ecosystems. To facilitate global usage and trust, the blockchain-based SELO token acts as a delivery medium, encouraging community activities and expanding online and real-life services globally. SELO+ will continuously provide various policies and services to control liquidity and increase the value of the token within the platforms.
Token Utility
The SELO+ crypto token is designed to incentivize engagement and participation within the SELO+ platform by rewarding users with SELO tokens for their activities. The token serves as a medium to connect users and foster participation in the expanding SELO+ ecosystems, facilitating global usage and trust, and encouraging community activities and expanding online and real-life services globally.
SELO+ aims to solve the problem of user engagement and participation in its platform by providing a reward system that encourages users to actively contribute to the community. The token is used for various purposes within the SELO+ ecosystem, such as reward membership, promotion of crypto projects, VIP access, and premium data in BuzzBit, and promoting local businesses, acquiring real-life rewards, launching group purchases, and encouraging on-chain participation in SellOn.
Unique Features and Benefits
SELO+ (SELO) is a cryptocurrency token designed to incentivize engagement and participation within the BuzzBit ecosystem, which is an online crypto community app that provides users with real-time daily news updates, curated events notifications, project analysis, and market insights. The token has several unique features and benefits that set it apart from other tokens:
- Reward Membership: SELO tokens are used to reward members within the BuzzBit community, encouraging active participation and engagement.
- Project Promotions: SELO tokens can be used to promote crypto projects, providing a platform for project developers to reach a wider audience.
- VIP Access: SELO tokens grant users VIP access to exclusive content, events, and services within the BuzzBit ecosystem.
- Premium Data: SELO tokens can be used to access premium data and insights, enhancing users' understanding of the crypto market.
- Hyperlocal and Online Services Integration: SELO+ aims to bridge the gap between the real and virtual worlds by integrating hyperlocal and online services through two main platforms: BuzzBit and SellOn.
- Governance Token: SELO tokens serve as a governance token, connecting users and fostering participation in the expanding SELO+ ecosystem.
These features and benefits make SELO+ a unique token with a clear purpose and utility within the BuzzBit ecosystem. The token's focus on community engagement, project promotion, and access to premium data and services sets it apart from other tokens in the market.
Tokenomics and Distribution Model
The SELO+ crypto token has a total supply of 1,000,000,000 tokens, with 55,109,523 tokens currently in circulation. The tokenomics of SELO+ involve various policies and services to control liquidity and increase the value of the token within the platforms. The SELO token serves as a medium to connect users and foster participation in the expanding SELO+ ecosystems, and it is used for various purposes such as reward membership, promotion of crypto projects, VIP access, and premium data in BuzzBit, and to promote local businesses, acquire real-life rewards, launch group purchases, and encourage on-chain participation in SellOn.
Token Distribution Model
The token distribution model of SELO+ is as follows:
- Active Reward & Ecosystem: 60% (600,000,000 SELO)
- Strategic Sales: 8% (80,000,000 SELO)
- R&D: 10% (100,000,000 SELO)
- Founder & Team: 10% (100,000,000 SELO)
- Foundation: 4% (40,000,000 SELO)
- Marketing: 8% (80,000,000 SELO)
The token distribution model allocates 60% of the tokens to the active reward and ecosystem, which is used for various policies and services to control liquidity and increase the value of the token within the platforms. The remaining 40% is divided among strategic sales, R&D, the founder and team, the foundation, and marketing. This distribution model ensures that the token is allocated to various stakeholders, including the team, investors, community, and other stakeholders, to support the growth and development of the platform.
Vesting Periods and Lock-Ups
The SELO+ crypto token, also known as SELO, has a total supply of 1,000,000,000 tokens. The token distribution model includes strategic sales, founder, team, and advisor allocations. Strategic sales involve a 6-month cliff, with 1/30 of the tokens unlocked every month afterward. The founder, team, and advisor allocations have a 24-month cliff, with 10% of the tokens unlocked every 6 months afterward. This vesting schedule is designed to prevent early sell-offs and stabilize token prices.
Tokenomics for SELO+
