HIP-004: Tokenomics & Base Costs

Provide a series of options for users to burn $TOKEN for Hoot based rewards.

Proposed Items & Costs: Hoot Card 20 Name Change 100 Bio 200 Twitter Banner 300 Hoot Tree 300 Feather 300 Egg 600

Projected Rough Burn Rate Assuming Following Purchases By Each User: 2 - Cards 1 - Name Change 1 - Bio Update 0.75 - Twitter Banner 1 - Hoot Tree 2 - Feathers 3 - Eggs

A total of 8,162,500 out of 9,000,000 $TOKENs will be burned. Costs are modifiable allowing community to vote on increasing or decreasing them due to economic changes.

Deployment:

1. Team will deploy contract(s) to allow purchase and/or minting of items for $TOKEN.
2. Team will deploy item shop website to facilitate item purchases by users.