$BOO is a utility SPL token created on the Solala Network by the Solaghosts project. The token will be used to purchase the plots on the cemetery for the staking system of Solaghosts. Will be also a utility token in the future Solaghosts marketplace and will be possible to be exchanged by one other crypto pair too in exchange markets.
The $BOO token will also be the token reward in the staking system of Solaghosts cemetery. Eventually it will also be used to buy upgrades for your graveyard or other items related to the Solaghosts universe.
The $BOO token is part of the Solaghost universe, just like the $GHOST token. The $GHOST token already exist on the Solana Network. It is expected to be launched in the first quarter of 2022.
The token has an associated address, which means that more tokens can be minted in the future and generate liquidity. The authority of the token, and the decisions that are made about it, will depends exclusively on the Solaghosts DAO.
The Solaghosts DAO can also define that the token has no authority, so its supply will be limited to the initial amount and can never change in the future. It is expected that the Solaghosts DAO can be formed with the landowners, as indicated in the Solaghosts roadmap.
With a supply of 199,000,000, this is the token distribution of the $BOO token:
15%of the token supply (29,850,000) will be airdropped to the actual 2.550 Solaghosts holders at different times.
5%of the token supply (9,950,000) will be airdropped to the actual 2.550 Solaghosts holders that bought in presale and main sale and did not list in secondary markets.
20%of the token supply (39,800,000) will be allocated as liquidity make the token available to buy and sell in the market.
20%of the token supply (39,800,000) will be used for promotions and marketing campaigns to gain visibility.
30%of the token supply (59.700.000) will be used as reward in the staking system inside the cemetery of Solaghosts.
10%of the token supply (19.900.000) will be locked for a period of ten months and will be distributed to the Solaghosts dev team.
Utility of the $BOO token
Plots & landowners The $BOO token will be used in this first stage for the purchase of plots in the Solaghosts cemetery.