What Is Outback (OUTBACK)?
Outback (OUTBACK) is the native token of the Outback ecosystem. The Outback project aims to create a decentralized ecosystem that includes a decentralized exchange, a wallet/swap application, games, merchandise store, and an NFT marketplace. The OUTBACK token will be used as the native currency for all these platforms, including in-game rewards, exclusive merchandise, and NFTs. The project aims to create a unique and exciting experience for its users while also providing opportunities to earn rewards and royalties through creative contributions. Please note that as of January 2023, the Outback project's Twitter and website have been deleted.
Who Are the Founders of Outback?
Unfortunately, it doesn't seem to be publicly available. Outback's website and social media profiles don't mention the names or backgrounds of the project's founders or team members.
What Makes Outback Unique?
Outback aims to offer a unique combination of features in its ecosystem, including:
- A strong focus on Australian culture and wildlife: Outback has a theme that revolves around Australian culture and wildlife, with its NFTs featuring different native animals such as kangaroos, emus, Tasmanian devils, koalas, and echidnas.
- A community-driven project: Outback is designed to be driven by the community, with a focus on open communication, feedback, and collaboration with its community members. The project encourages suggestions and ideas from its users to help shape the development of its ecosystem.
- A variety of use cases for the OUTBACK token: The OUTBACK token is intended to have multiple use cases within the Outback ecosystem, including for the decentralized exchange, wallet/swap application, games, merchandise store, NFTs, and NFT marketplace.
- Unique and limited NFT collections: Outback is creating 500 unique NFTs, each with a different Australian animal theme. The NFTs will be limited to 100 per animal collection, making them rare and collectible.
Overall, Outback aims to create a vibrant and engaging ecosystem that celebrates Australian culture and wildlife while providing multiple use cases for its native token, OUTBACK.
Tokenomics
The Outback (OUTBACK) token has a total supply of 40,000 tokens. The tokenomics distribution is as follows:
- 37.5% of the tokens (15,000) will be distributed through five airdrops (dates to be announced on Twitter).
- 25% of the tokens (10,000) will be allocated for the development, partnerships, donations, and NFTs.
- 5% of the tokens (2,000) will be set aside for in-game rewards.
- 5% of the tokens (2,000) will be allocated for developers.
- 2.5% of the tokens (1,000) will be used for giveaways.
- 25% of the tokens (10,000) will be used for the presale of the Outback NFTs, with a price of 15 XRP for one token, and 75 XRP for an NFT (which requires five Outback tokens to be eligible).
It is worth noting that Outback plans to use the token for its future platforms, including a decentralized exchange, wallet/swap application, games, merchandise store, Outback NFTs, and NFT marketplace.
What purpose does Outback (OUTBACK) serve?
Outback (OUTBACK) serves as the native token of the Outback ecosystem. It will be used for various purposes such as decentralized exchange, wallet/swap application, games, merchandise store, NFTs, and NFT marketplace. Users will be able to use OUTBACK as a means of payment and rewards within the Outback ecosystem. Additionally, the Outback team plans to create a community-driven project and is open to suggestions and ideas from the community.
