Moscow, Russia - (NewMediaWire) - December 1, 2022 - Shelterz, an emerging business combining cryptocurrencies, accommodation, and travel, is having the last tranche of its private round. Scheduled to close on Saturday, December 31, 2022, people can buy $TERZ tokens at $0.01 and, according to the team, an IDO where $TERZ will see a 50% increase will ensue.
Project Tokenomics
Shelterz’s tokenomics is based on revenue and token value progression. In the beginning stages, the travel and accommodation platform will undertake various tasks like gathering community, initiating advertising campaigns, finding partners, and strengthening the project’s development. With a maximum supply of 1 billion $TERZ tokens, Shelterz will distribute these tokens into multiple categories—partnerships, advertising, IEO, IDO, Ecosystem reserve, token sales, liquidity, etc.
Shelterz will only have 344 million $TERZ in circulation for 24 months, and the Smart Pool will redeem 40% of that value. This singular action will raise the value of 1 $TERZ from $0.01 to $8.43 in that time.
The Shelterz Smart Pool
The Smart Pool acts as a market maker that combines two worlds—crypto and the real world. This Pool will facilitate all transactions between users and objects, balancing itself and providing liquidity to the market. The Smart Pool is designed to fight market irregularities by buying more tokens if the price is slightly lower than the predetermined price and less if it is higher. Additionally, it balances the market by selling tokens when there's a significant rise in price and buying when there is a remarkable decline.
According to the project whitepaper, the Smart Pool is currently not in action. Once the token is listed on a decentralized exchange [DEX], it will be launched.
The Smart Pool has been tested on billions of simulations to ascertain the accuracy of the algorithms in balancing and buying tokens. Per the report, numerous changes in token price and concomitant combinations were equally considered, and its super-efficiency was confirmed.
Roadmap
After the private round scheduled to end on December 31, 2022, Shelterz has lined up a variety of activities that will follow, including a DEX listing, an IDO, and the Smart Pool launch.
Shelterz hopes to connect more than 5,500 hotels, carry out a token audit and presale, raise over $48.7 million in revenue, and connect web 3.0 wallets before the end of Q2 of 2024.
About Shelterz
Shelterz is an emerging project that offers seamless travel and accommodation services while leveraging blockchain technology and cryptocurrencies. Shelterz seeks to disrupt the travel and accommodation industries by delivering effortless, cheaper, and faster services to users while offering full refunds, huge cashback, and rewards.
Media Contact
Company Name: Shelterz
Company Website: https://token.shelterz.ru/
Social Contact
Telegram: https://t.me/shelterz_token_eng
Whitepaper: https://whitepaper.shelterz.ru/