The Owner Vault:
A Simple Token Vault

Owner Vault Contract (AWT Ecosystem)

The Owner Vault Contract is a specialized vault within the AWT token ecosystem. This contract operates independently from the AWT token smart contract and plays a crucial role in managing key operational aspects of the ecosystem. It is designed to offer exclusive benefits to those who stake a larger amount of AWT tokens and serves as a reserve for managing liquidity, rewards, and ecosystem maintenance.

Key Features:

• Ownership and Control:

  • The Owner Vault is under the exclusive control of the project owner or a designated entity.
  • All decisions regarding the funds in the vault, including distribution and utilization, are managed solely by the owner.

• Purpose:

  • Reserve Liquidity: The Owner Vault holds a portion of liquidity that can be used to fuel future project expansions or cover market fluctuations.
  • Reward Distribution: Acts as a reserve for distributing rewards to community members, investors, or partners when necessary.
  • Operational Management: Used to cover expenses such as marketing, development, operational costs, token burns, or strategic token adjustments.

• Holder Benefits:

  • Participants can stake a minimum of 10 AWT tokens to gain access to the Owner Vault and its benefits.
  • Compared to other vaults in the ecosystem, the Owner Vault offers higher percentage returns, providing a substantial incentive for larger stakers.

• Staking Terms:

  • Lock Schedule: Staked tokens in the Owner Vault are locked for 3 years. However, stakers benefit from a release of 20% of their stake every 3 weeks, allowing for partial liquidity while maintaining long-term commitment.
  • Higher Yield: As a reward for their larger stakes and long-term commitment, participants in the Owner Vault receive higher percentage returns compared to other vaults in the ecosystem.

• Security:

  • The Owner Vault is protected by advanced security protocols, ensuring that all funds within the vault are securely managed. The vault's separation from the main AWT contract adds an additional layer of security and operational flexibility.

Owner Vault Questions

What is the Owner Vault? The Owner Vault is a secure, exclusive contract controlled by Artworqq, operating outside the AWT token contract. It serves as a reserve for various operational aspects within the AWT ecosystem, such as community giveaways, future projects, and liquidity management.

Who manages the Owner Vault? The Owner Vault is managed solely by Artworqq, ensuring full control over its usage for strategic purposes.

What benefits do members of the Owner Vault receive? Members who stake a larger amount of AWT (10 tokens or more) in the Owner Vault enjoy higher returns than other vaults. In addition to staking rewards, members contribute to an ecosystem that supports the creative community. The vault ensures artists are paid even if buyers do not have traditional currency, creating a more accessible and decentralized environment.

How does the staking system work in the Owner Vault? Staking in the Owner Vault requires at least 10 AWT tokens, which are locked for a 3-year period. Members receive a 20% return on their stake every 3 weeks, making it the highest reward tier compared to other vaults.

What is the purpose of the funds in the Owner Vault? The funds are reserved for various uses:

• Community rewards and giveaways
• Development and expansion of new projects
• Liquidity for the AWT ecosystem
• Operational expenses, including marketing and contract creation

The NFT Vault
A Fair Trade Platform

The NFT Vault is a specialized contract that serves as the central repository for all NFTs within the crypto ecosystem. 

Think of it as a digital pawnshop

 The vault accepts NFTs any and all NFT contracts. 

That includes ERC-721 (Ethereum), ERC-1155 (Ethereum), BEP-721 and BEP-1155 (Binance Smart Chain) Solana SPL Tokens and exchanges them for AWT tokens and BNB.

This is VAULT, not a bank, and we don't offer loans or interest rates. 

The Vault is a simple, convenient and transparent way to turn your devalued, old, or unwanted NFTs into something new and valuable.

You Get More Than Just BNB you get a new investment!

Not only do you get BNB for your unwanted NFTs, but you also gain an opportunity to hold AWT, a new stablecoin that won't depreciate like the NFTs you deposit.

 AWT is designed to maintain its value over time, providing a stable store of value and a new way to diversify your digital assets.

Fair Prices, Transparent Fees

Our prices are fair, and our fees are transparent. So, if you've got an NFT collecting dust in your wallet, bring it to us and see what we can offer!

 Once deposited, the NFTs become the property of the AWT and Zetsumetsu Corporation, and cannot be returned to the depositor.

Summary

The structure of this contract provides a comprehensive way to manage NFT deposits, trades, and user balances in AWT and BNB, making it suitable for a vault-like application in the decentralized finance (DeFi) space. The functions are designed to ensure the security and proper handling of user assets.

Introducing the NFT Vault: Breathe New Life into Unused Digital Collectibles

The NFT Vault is a revolutionary service designed to help you unlock the hidden value of your old, unused, or unwanted NFTs. Whether they're sitting idle in your wallet or have lost value over time, our platform provides a unique opportunity to turn them into something new and valuable.

How it Works

Our vault uses a market-based approach to calculate the value of your NFTs, taking into account their current market price and our fee percentage. When you deposit your NFTs into the vault, we'll provide you with a quote based on their current value. If you accept the offer, we'll distribute the rewards in the form of AWT (our native token) and BNB, giving you a new way to utilize your digital assets.

A Second Chance for Forgotten NFTs

The NFT Vault is specifically designed for NFTs that have lost their value or are no longer needed. Our platform offers a way to redeem the lost value of once-useful digital items, giving you a chance to turn nothing into something. By using our service, you'll be able to:

Breathe new life into idle NFTs:
• Turn unused or unwanted NFTs into AWT and BNB, giving you a new way to engage with the digital economy.
Unlock hidden value:
• Discover the hidden value of your NFTs and turn them into something new and valuable.
Support a growing ecosystem:
• By using the NFT Vault, you'll be supporting a growing ecosystem of NFT enthusiasts and contributing to the development of new use cases for digital collectibles.

Future Plans

Our goal is to continuously expand and improve the NFT Vault, adding more markets and supporting more dApps in future versions. This will enable us to provide even more opportunities for users to unlock the value of their NFTs and engage with the digital economy.

Join the Movement

By using the NFT Vault, you'll be part of a community that's pushing the boundaries of what's possible with NFTs. Join us today and discover a new way to turn your unused digital collectibles into something valuable and exciting!

NFT Vault Questions

Price Calculation

The NFT Vault calculates prices based on the current market value of the NFT, using data from supported marketplaces such as OpenSea, Rarible, and others. 

Our algorithm takes into account two simple factors:

• Market Price:
The current market price of the NFT on supported marketplaces.
• Vault Fee:
A small percentage fee taken by the vault to support its operations.

We use a proprietary algorithm to weigh these factors and determine a fair market price for the NFT. If the NFT is not listed on any supported marketplaces, we may use alternative pricing methods or decline to offer a price.

Price Formula

The price formula is simple:

Market Price x (1 - Vault Fee) = Offer Price

For example, if the market price of an NFT is 0.01 BNB and the vault fee is 10%, the offer price would be:

0.01 BNB x (1 - 0.10) = 0.009 BNB

This means that the user would receive 0.009 BNB for their NFT, minus any applicable fees.

What is the purpose of the NFT Vault?

To collect any and all NFTs and return AWT and BNB, giving people something to do with old NFTs while investing in a new thing.

Who manages the NFT Vault?

Artworqq manages everything.

What types of NFTs will be stored in the vault?

All and any NFT, including ERC-721 (Ethereum), ERC-1155 (Ethereum), BEP-721 and BEP-1155 (Binance Smart Chain) Solana SPL Tokens.

Artworqq Token

White Paper

Abstract

The Artworqq Token (AWT) is a revolutionary stable token designed to empower the art world. With a unique peg to the value of USD and BNB pairs, as well as the success of backing projects, AWT provides a stable store of value, a medium of exchange, and a unit of account for the art world. 

This white paper outlines the governance structure, tokenomics, and technical details of the Artworqq Token ecosystem.

Artworqq Token

White Paper

Abstract

The Artworqq Token (AWT) is a revolutionary digital asset designed to empower the art world and foster sustainable long-term growth. While AWT offers stability through a robust liquidity system, it is not a typical stablecoin. AWT combines liquidity locking, reinvestment strategies, and controlled token release to ensure the token's value increases steadily as projects succeed. This white paper outlines the governance structure, tokenomics, and technical details of the Artworqq Token ecosystem, emphasizing a growth-focused investment vehicle for artists, collectors, and investors alike.

I. Introduction

The traditional art market is often plagued by inefficiencies, opaqueness, and barriers to entry. Artworqq Token (AWT) aims to disrupt this market by creating a decentralized platform where artists, collectors, and investors can engage in a transparent and community-driven marketplace.

AWT is designed as a two-year investment vehicle, with a built-in reinvestment model and liquidity locking mechanism, ensuring stable growth while empowering the community to make decisions that shape the future of the token and its ecosystem.

II. Governance

Artworqq Token operates under a decentralized governance model, allowing AWT holders to shape the future of the token. Community-driven proposals ensure adaptability and resilience as the project evolves, leading up to the launch of AWT V2.

Community Governance:

• AWT holders are able to propose and vote on key protocol changes, including reinvestment strategies, project development, and liquidity management.

Proposal Process:

• Proposals are submitted by any AWT holder and are reviewed, discussed, and voted on by the community.

Voting Mechanism:

• Votes are conducted through a secure, blockchain-based mechanism to ensure transparency and fairness.

Governance's Role in Reinvestment:

• Governance plays a key role in determining how remaining funds are reinvested into development, market initiatives, and liquidity vaults, ensuring ongoing stability and growth.

III. Tokenomics

AWT is not a traditional stable token. Its value grows through careful management of liquidity, controlled token release, and community-driven reinvestment strategies.

Token Supply:

• The total supply of AWT is fixed at 10,000 tokens, which are strategically released over time to ensure market stability.

Token Distribution:

• Tokens are distributed via private sales, public sales, and community rewards, with locked reserves to prevent flooding the market.

Token Distribution Phases:

1. Crowdfunding (Current Phase):
• The initial phase where early backers and investors can contribute to the project, gaining early access to AWT tokens at a discounted rate. This phase aims to generate initial liquidity for project development and operational costs.
2. Pink sale:
• The next phase involves a public sale on the Pinksale platform, allowing wider participation and community engagement. Participants can purchase AWT tokens directly, contributing to the token's liquidity and market presence.
3. Pre-Launch:
• Following the public sale, a pre-launch phase will be implemented to build excitement and awareness. This phase may include promotional activities, partnerships, and collaborations with artists and influencers in the art community.
4. Buyback Stage:
• After the initial launch, a token buyback program will be implemented to reduce the circulating supply of AWT tokens. This program aims to stabilize the token's price and create long-term value for holders by purchasing tokens from the market and locking them.

Launch:

1. The official launch of the Artworqq Token marks the point in time where the Vaults start their timers, allowing buyers to interact with the Vault contracts and decentralized applications (DApps). From this point onward, users can earn AWT through the controlled release schedule. This phase emphasizes the active participation of the community in governance and decision-making while enabling users to engage with the ecosystem and benefit from their contributions. Additionally, the launch includes the initiation of efforts to seek out other DApps and token investments, further expanding the ecosystem and providing new opportunities for growth and collaboration with the V2 token.

1. V2 Token Preparation:
• After the successful launch, the focus will shift to preparing for the V2 token release. This phase includes gathering community feedback, assessing market performance, and planning new features or enhancements to the token ecosystem.

Controlled Release Schedule:

• Reserve: 3,000 tokens locked for 2 years, with 20% released every 6 months.
• Community Airdrop: 2,000 tokens locked for 1 year, with 20% released every 3 months.
• Strategic Partnerships: 1,500 tokens locked for 1 year, with 20% released every 3 months.
• Development Team: 1,000 tokens locked for 2 years, with 20% released every 6 months.

Token Pricing:

• The price of AWT is determined by market dynamics, liquidity, and the success of backing projects rather than being pegged strictly to USD or BNB.

IV. Vaults
The Artworqq Token ecosystem features a total of six vaults designed to store assets and facilitate earnings for users. These vaults are strategically structured to enhance liquidity, reward users, and promote community involvement.

1. Backend Vault

Market Crash Protection vault:

The Market Crash Protection Strategy is designed to shield the $AWT token from major losses during downturns or crashes. This strategy relies on the diversified Savings Fund, allowing us to intervene when extreme conditions arise.

• Inverse Correlation Assets: Investments in currencies (JPY, CHF) and sectors that perform well when Bitcoin declines provide an additional hedge against crypto market crashes.

2. Frontend Vaults

NFT Vault:
The NFT Vault is a central feature enabling artists and collectors to leverage their NFTs for liquidity and rewards.

• NFT Deposit:
  Users can deposit their NFTs into the vault, where they will be securely stored and showcased indefinitely.
• Rewards:
  Depositors receive AWT and BNB rewards, providing a new way to monetize dormant or old artworks while helping maintain liquidity in the AWT ecosystem.

Locking Vaults:

• Reserve Vault:
  This vault maintains a reserve of AWT tokens to ensure price stability and liquidity for the ecosystem.
• Community Airdrop Vault:
  A dedicated vault for community rewards and airdrops, promoting user engagement and expanding the token's reach.
• Strategic Partner Vault:
  This vault is allocated for partnerships with other projects and platforms, providing collaborative opportunities and enhancing the Artworqq ecosystem.
• Development Team Vault:
  This vault retains funds for the development team's operational costs and future project enhancements, ensuring continuous growth and improvement of the ecosystem.

V. Technical Details

The Artworqq Token is built on the Binance Smart Chain (BSC), utilizing the BEP-20 standard to ensure fast, secure, and low-cost transactions.

• Smart Contract Infrastructure:
  AWT's smart contracts manage all liquidity vaults, reinvestment schedules, and controlled release mechanisms. They also ensure transparent and secure token distribution.
• Blockchain Integration:
  Integrated with BSC, AWT benefits from high transaction speed and minimal costs, ensuring seamless interactions with decentralized exchanges and DApps.
• Reinvestment Strategy:
  Reinvestment is coded into the AWT smart associated contract, ensuring that any remaining liquidity is automatically directed towards future project development and market stability efforts.

VI. Conclusion

The Artworqq Token (AWT) is more than a stable token—it's an investment vehicle designed for long-term growth and value appreciation. Its decentralized governance model, NFT Vault, and Owner Vault offer unique benefits for the community. As the project evolves toward the V2 token launch, AWT holders will play a critical role in shaping its future, ensuring the token remains adaptable and innovative in empowering the global art market.

VII. Appendices

• Smart Contract Code:
  The full smart contract code for AWT is available for audit and public review.
• Technical Specifications:
  Detailed technical specifications of the Artworqq Token ecosystem are available for review, including reinvestment mechanics and liquidity vault functions.

Zetsumetsu Eoe™ | ZETSUMETSU CORPORATION | Artworqq Kevin Suber