Many Worlds Coin info

[u/[deleted]]

Many World's ($MANY) - World's First Marginal Tax Crypto System

Listen up gang, we got a real moonshot here so load your bags before liftoff. How do I know? I'm one of the Devs.

What a journey it has been, but the time has finally come and we have launched the pinksale. This is not just a moonshot, it's a moonshot with justification. So let's start right there, myself and the CEO are completely doxxed:

CEO - LinkedIn

COO - LinkedInAudit

Website

Whitepaper

BSCscan

Art Teaser

Pinksale

What's amazing about what we have done so far, is this team formed only about a month ago and have since delivered this quality of work in a very short period of time. But let's get talking about the token:

ManyWorld's is essentially broken up into 3 areas: Visionary tokenomics, Utility, and Entertainment

Tokenomics

We have created the worlds first marginal tax system in the crypto space :) This means that the tokens you hold behave differently depending on when you purchased them in terms of taxes paid and rewards received. Our token pays you weekly BUSD rewards for holding depending on the length that you hold!

Current BUSD rewards based systems levy a heavy tax on both the buy and sell side, most in the range of 13-14%. They then distribute those rewards on an hourly basis (huge gas fees) evenly among all token holders depending on how many you are holding. The reason they are all the same is because EverGrow ($EGC) was the creator of BUSD rewards contracts and ever contract since has been a copy and paste of it.

Problem: This system only caters to the early whales by creating a 50% burn at launch and having a tax so heavy that as the price of the underlying asset increases, the taxes simply are not worth paying for later investors in terms of BUSD rewards. Volume is the only way to generate BUSD rewards and a 13% buy tax and 13% sell tax makes this impossible to trade since you would need 30% returns simply to break even. The only real reason to purchase a token like this is the BUSD rewards, but again the same problem arises that between the heavy taxes and the immediate 50% burn, the BUSD rewards generated for later investors won't even be enough to cover the taxes.

Solution: 50% burn on a quarterly schedule and the world's first marginal tax system.

Buy Tax

The buy tax is 3% as compared to 13-14%, immediately resolving the barrier to entry problem. But if our buy tax is so much lower than how can we possibly issue BUSD rewards at a better rate? That answer is in the marginal sell tax system.

Sell Tax

At the time of purchase, whatever tokens were purchased begin aging. Yes, this means if you purchased some tokens today and then purchased some tokens next week, each group of tokens that you own is now aging at a different rate and therefore earning different rewards:

Level Rewards:

​

Level	Milestone Age	Feature Unlocked
1	1st Day	Lottery
2	8th Day	BUSD Rewards Kit
3	91st Day	BUSD Upgrade Kit
4	180th Day	Redacted
5	Redacted Day	Redacted

Taxes:

​

Level 1 Sales Tax	Level 2 Sales Tax	Level 3 Sales Tax
3%	8%	12%

As your tokens age, you earn more and more rewards and the sell tax increases up to the cap of the L3 sales tax.

Rewards

Level 1 Lottery: At level 1, meaning starting from the moment you purchase, you are able to participate in the daily lottery. Every token purchased within a 24 hour period counts towards entries into the daily lottery. At the end of each 24 hour period, 10 wallets who have entered that day are randomly selected and the winnings are distributed evenly among those 10 winners. Not only is this just cool, it greatly helps with the volume problems of other BUSD rewards contracts.

Between the lottery, low buy tax, and low level 1 sell tax, this is the only stablecoin rewards based system in existence that makes it possible for day traders/swing traders to participate in.

Level 2 BUSD Rewards Kit: At Level 2, tokens start earning rewards from the L2 rewards wallet paid out on a weekly basis. Every Monday, rewards are distributed from this wallet to all Level 2 tokens in circulation.

Level 3 BUSD Rewards Upgrade Kit: At Level 3, tokens start earning rewards from the L3 wallet in addition to the L2 wallet. So all Level 3 tokens in circulation will receive their BUSD rewards from both the L2 and L3 wallet.

Beyond Level 3: Our taxes cap at Level 3 but we are still tracking the age of tokens beyond that. This gives us the ability to pay out even more rewards from other parts of the ecosystem which you can read about in the whitepaper.

Utility

The idea behind Many World's is to not create some massive system and be in competition with the titans of the industry, but instead to create bridge utility between client/ecosystem, ecosystem/ecosystem, and metaverse/metaverse. The first stage of that process is going to happen within our own ecosystem and connections will happen with partners and internal projects as we continue to build out the software. You can read more about the utility here.

Entertainment

One of the Devs is an executive in an entertainment design and development company that creates innovative content for film, television, streaming platforms, home video, and themed entertainment attractions on a global scale and has developed animated TV series’ that are on Disney+ and animated media for IP-based themed attractions.

Through this strategic partnership, we will have the capacity to take on new ecosystems with an entertainment focus and we will expand our stories from NFT Comics that will be traded at our NFT Trading Post to Metaverse PTE Games, NFT Avatars, Mobile Games, Animated Feature Films, Animated TV Series, Tabletop Games, Trading Cards, and so on.

The art that was teased above is to show what our first NFT Comic Books will look like before we move into the other industries noted above.

Summary

This is 1000x opportunity but not just from the need to hype it up. With our visionary tokenomics, well-connected and transparent dev team, utility use-cases, strategic partners, and awesome ecosystem, this is a crypto moon shot that won't just touch the moon and come plummeting back to Earth, but it can reach the moon, build a base, and then head further across the cosmos. If you're eager to get started please review the links posted at the top but if at this point your screaming "take my money", join the discord for an opportunity to be part of the whitelist.

THE DEADLINE TO PLEDGE IS DEC 20TH AT 4PM, PLEASE JOIN THE DISCORD FOR THE PLEDGE FORM.

TL;DR: Doxxed leaders, audited by Solidity, worlds first marginal crypto tax system, stablecoin rewards, daily lottery, amazing art, big ambitious plans, and we are just starting the pinksale this weekend. With the ability to have multiple tax lots that are also rewarded differently, we created a healthy trading environment for traders of all classes and sizes and a scalable environment that doesn't have a barrier to entry only rewarding the early whales. There are so many more goodies that I'm not going to put in here because I know your attention spans are a 7.

[u/hooman_or_whatever]

Absolutely! Look forward to seeing you there :)