on the crypto
Calypso is a marketplace for NFT on the Supermoon Lunar System built on the Binance Smart Chain. In this marketplace, users will have access to unique NFTs, which can be purchased using the $ CYO token.
What is the Supermoon?
Supermoon is a token that is building a strong alt coin community. The Supermoon team aims to create a social networking community powered by cryptocurrency experts and enthusiasts in space.
It is a deflationary token, with a 10% transaction tax split into 5% for token holders, 3% for burning, and 2% for the liquidity pool. Supermoon aims to bridge the gap between centralized and decentralized economies through essential financial tools.
The Calypso token
Calypso is the first token in the Supermoon Lunar System that introduces NFT into the ecosystem. It can be purchased using the $ CYO token. It will also serve as the base token for the Calypso marketplace which will be launched on Binance Smart Chain.
Calypso use cases
The Calypso token will allow users to mint NFTs and holders will be rewarded with passive BNB dividends, automatically deposited into their wallets. Purchase orders have a 12% tax while sales orders have a 15% tax. This fee is further redistributed to token holders in BNB. Feedback via automatic purchases will create an ever-increasing minimum price, adding liquidity to the pool.
Supermoon's mission is to fund space exploration projects, and Calypso promotes it by collecting taxes using a charity portfolio and donating the proceeds to the Dare to Dream Big Foundation.
Calypso releases NFTs every month that users can purchase using $ CYO. At the end of the month 3 random NFTs are chosen and the 1% NFT tax collected in BNB is distributed among the 3 winners of the month.
Token distribution
Calypso has a total supply of 1 quadrillion. A 40% share of the token will be in circulation while a 30% share is reserved for V1 holders and airdrops. A 10% share goes to research and development and the charity portfolio respectively. The remaining 10% would be subject to an initial burn.
Calypso's V2 would present a 90% tax for the first 2 days which will then be periodically reduced until the regular tax is reached. This is done to make sure that the minimum token price sees a steady rise in the first week.
As mentioned above, Calypso has a 12% tax on all buy orders which can be further split into a 4% share for BNB dividends, a 3% share for marketing, 2% for liquidity. and 2% for the purchase of Supermoon respectively and a 1% share for the NFT portfolio.
Similarly, the sales order tax of 15% is split into a 5% share for BNB dividends, 4% for marketing, 3% for cash, 2% for Supermoon purchase. and a 1% share for the NFT portfolio.
