Two Individuals write each an article and blog it.
One earns $ 18,960.000 per post.
The other got $ 0.006 per post.
Well that is fair... some say.
But what happens when this situation is happening every day for a year..?
Soon, before year end, perhaps after the first month, someone will bound to say, "Is there a better way earning rewards?"
That is one of the reasons ONO started and ONOT has been introduced as the Token shared with Onorarians. It is important to note that ONOT is the only ONO social media network circulation token.
It has been reported that the initial circulation of ONOT is 75 Billion. The final amount will total 100 Billion ONOTs. This is due to the year-by-year 2 factors. Firstly, the incremental creation mechanism, and secondly, the destruction mechanism.
From that amount of 100 Billion ONOTs, for the Contribution Incentive Pool, by Onorarians, the annual increment of 5 Billion ONOTs that will continue to be used as a motivation for Content Curators. Thus the incentive distribution plan is actually determined by the level of contributions by Onorarians. For the corresponding additional 5 Billion ONOTs, at the point of the 6th year a maximum of no more than 5 Billion ONOTs shall be destroyed. This decision is made through voting by all Onorarians.
The Fair Distribution Mechanism is decided mostly by Onorarians. Each will know postings deserving rewards, or otherwise no rewards. Each Onorarian gets a fair share of postings reward. This is because of Good Quality Postings, and not because other usual reasons like higher voting power is due to owning more shares in the business.
Understanding the total number in a year and the number of days divide, ONO plans to make the additional issuance of 5 Billion ONOTs each year, that is, 13698630 ONOTs will be printed each day.
From the total amount, 85% will be put towards rewarding social media contents, which total up to 11643836. While, 5% will be put toward incentive behaviors of the more influential ONO Power (OP) holders, which total up to 684931. In addition 10% will be put toward Onorarians active behaviors, which shall be up to 1369863 at the most.
Having said that, a total of 20 Billion ONOTs will be used to support the founding team. While a total of 35 Billion ONOTs for the Co-founding Partners. Then, for the Ecosystem Incentive Pool is a total of 20 Billion ONOTs. Altogether 100 Billion ONOTs.
The form it takes is that ONOT is an important public trust value certificate. Especially special, it can be divided, and also it can be transferred. As can be seen it is the benchmark for placing Ads in the ONO social media network. When an ONOT exercises its rights in a social media network, the embodiment of the value has been fulfilled and the ONOT has to be destroyed.
In fact, ONOT is a free and decentralized system. In order to fulfill this vision, the decision to destroy them or not is made by the voting by all Onorarians. Therefore, after exercising the rights of ONOT, it will be transferred to the OAA pool and in theory is to be destroyed.
Next, this is an exciting part, because the payout in ONO is within a 24 Hour Cycle So an Onorarian do not have to wait for days to get the reward. In a clear picture, an Onorarian blog a Post today, the next day gets the Reward.
Joining ONO and earn, You need a Wallet.
