The Big-Time Ecosystem

Background

Sustainability is a big part of what makes the Big-Time project unique and was the founding ideology behind the initiative. While the concept of sustainability itself has been somewhat of a USP rather than something to be upheld as a way of showing responsibility, the Big-Time project hopes to put positive steps in its direction through blockchain, indirectly if not directly. Since the founders of the project also contain pioneers in the field of construction, we will start this initiative with sustainable construction.

Initially, our motive is to create new earning opportunities for our users through innovative Decentralized Finance (DeFi) platforms. Later on, we will expand the ecosystem with more products that will help users earn better and be financially free.

The Big-Time project plans on taking a long-term approach to blockchain and crypto, creating an ecosystem where users can avail several services hassle free.

Dividend Sharing Protocol

A big part of the Big-Time project is making sure that our users get back more benefits than just or tokens increasing in value and them liquidating them to make a profit. Now, there is nothing wrong with trading tokens but tokenomically, it’s not sustainable. This made us brainstorm for ideas and we realized that the token should facilitate the reward system but itself need not be the monetary element. Since sustainability is a major part of our ideology, we thought of starting with something we know well. Sustainable construction.

The Divided Sharing Protocol is an innovative staking platform that connects real-world revenue with cryptocurrencies. Part of the funds raised through our ICO platform will be directly utilized for in-house construction of sustainable property such as housing and office spaces. The construction of these properties will be done through sustainable methods such as renewable energy and other innovative eco-friendly construction methods, utilizing the latest technology, and putting as less negative impact on the environment as possible. These properties will engage in various kinds of revenue collection activities such as rentals and commercial leases.

The Dividend Sharing Protocol is a smart contract that can divide funds to the people who stake according to their share of the pool. Each month, the company will take a portion of the revenue collected from its real-estate ventures and add it to the Dividend Sharing Protocol. Users can lock their Big-Time tokens into the protocol for a fixed period of time, and they’ll get rewards depending on their share of the staking pool. This reward rate will not be a steady number and will change according to the revenue generated by the properties.

However, the team will expand the operations gradually and as the revenue increases, the users will also get increased rewards.

It is also noteworthy that every activity that Big Time engages in will for the long-term. For instance, the properties built through and using sustainable construction methods and energy, such as office spaces, will be leased out to other parties for at least 20-25 years. This ensures that users staking on our platform will receive continued and hopefully uninterrupted dividends for a long time. This encourages them to hold the tokens for a longer time and attain financial freedom.

Big-Time Staking

Real Estate operations as a part of the Big-Time ecosystem will gradually come into effect. To allow our users to start earning early on, the project will host a staking platform where we will give out Big-Time tokens for a limited period of time. The limited staking rewards is to ensure that the inflation of Big-Time tokens does not affect the token price in the long run. The project will be sustainable and will incentivize the holding of Big-Time tokens through various activities. However, in order to on-board users and to introduce them to the wonderful opportunities the Big-Time project has for them, the staking platform will be released first and for a limited period of time.

The APY for the staking platform will be moderately high initially, and will decrease as the total value increases and the reward rate will be decreased as time passes. The longer people stake, the more they will earn. These tokens can then be restaked on the Dividend Sharing Protocol once that is released. The Dividend Sharing Protocol will not give Big-Time tokens as a reward but other cryptocurrencies such as stablecoins.

Big Time Realverse

The Big Time Real Verse is another step forward to realizing our goal of sustainably approaching the construction industry. Each property that we build in real life will be also available in the Metaverse, and each property will be tokenized into an NFT. When a user wants to buy or sell a property, he can do that sitting in any part of the globe. A realistic model of the property will be available in the Metaverse and can be used as an asset.

The major motive behind the Big Time Realverse is to allow users to create their own digital economies inside cyberspace. Apart from having our native utility token as the currency of exchange inside the metaverse, users can also create their own tokens that can be used as currency in their area inside the metaverse, and can be traded with the Big Time token inside the platform.