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Biobit
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Biobit token empowers
Zarela platform

Biobit acts as a utility token based on Ethereum Network (ERC-20 standard), In order to facilitate financial transactions.

Where is Biobit listed?

Smart Contract Address:
0xf67192a8b9f269f23802d9ab94c7875a0abb7aea
unicrypt

Check UNICRYPT for our Vesting Contract

Biobits are distributed 85% to the Reward Pool, and 12% to the Vesting Contract

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Token Distribution

The number of Biobit tokens issued is 20,000,000. Over 85% of the total issued tokens (17,000,000) have been transferred to the reward pool. The reward pool tokens will be distributed through the Proof-of-Contribution (PoC) mechanism. 10% of the total is reserved for the Zarela team and 5% will be distributed through three phases for development.

Total Supply

20,000,000 BBIT

Reward Pool

17,000,000 BBIT

Team

2,000,000 BBIT

Development

1,000,000 BBIT
20,000,000
BBIT

PoC

The Zarela network operates on a proof-of-contribution (PoC) model and each Ethereum transaction is considered a contribution.

What makes Biobit valuable?
Service based
Service based

Biobit tokens can be used by Zarela and all other individual businesses (up to 1 million) connected to the data platform smart contract as their utility token.

Limited total supply
Limited total supply

The maximum Biobit token amount is only 20,000,000.

Locked by smart contract
Locked by smart contract

The Zarela smart contract and vesting contract lock up 97% of all Biobit tokens.

Halving
Halving

Each 590 Zarela's day, the number of rewarded Biobit tokens is halved.

Burning
Burning

The lifespan of each token released from the Zarela reward pool is 45 days, and after that, and any token that hasn't been distributed after 45 days will be disposed of and no longer accessible.

Open source
Open source

The code for Zarela is all available on GitHub as open-source, under MIT licesnse.

How to...?
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Add Biobit token to Metamask wallet
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Buy Biobit from Uniswap with Trustwallet
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Buy Biobit from Uniswap with Metamask
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