
We’re building our DAO around Bentacoin
Bentacoin ($BNTA)
The $BNTA token is the heart of our DAO. Through various inventive ways, we’re giving utility and value to our token. By doing so, we’re ensuring that all contributors to the DAO, whether on a short or long timescale, are incentivized to acquire and retain the $BNTA token.
Benta translated in English is to sell or the act of selling. We wanted to represent our Philippine roots through a local name that potentially becomes the token used for value exchange.
Token Utility & Governance
Niners Guild is a Decentralized Autonomous Organization (DAO). As such, there's no single entity controlling the decisions of Niners Guild. Anyone that owns the BNTA token can submit a proposal and vote on proposals, gaining a voice in steering the future of Niners Guild.
Initially, the founding team, investors, and advisors will control the DAO as the primary holders of $BNTA. As additional tokens are released to the community and public, the steering will gradually become more decentralized.
The Niners Guild governance forum will be a place where BNTA holders can discuss proposals to shape the direction of the DAO. Each token holder can then vote to accept or reject a proposal, where the volume of $BNTA tokens held is the weight of each voter.
With the aim of ensuring the alignment of incentives between our gaming community, investors, contributors and supporters, we are ensuring a widespread distribution of BNTA tokens through community events such as airdrops, gaming competitions, and more.
“Owning even a single $BNTA token allows the holder to weigh in on the future of the DAO.”
Token Distribution
The total supply will be 1,000,000,000 $BNTA tokens to be minted with no possibility for future inflation. The tokens will be distributed to the following stakeholders within the DAO:
“After deploying our BNTA token, there are opportunities to stake your tokens with a substantial amount of rewards.”
Token Release Schedule
Technical Documentation
Information coming soon.