THE TOBA ECOSYSTEM
- The Initial 50% tokens – 11.5m tokens –
- The next 50% – 11.5m tokens – Allocation to Cryptocurrency Exchanges – Released in correlation to the market with deliverable stock reflected through our Toba BH product website listings. All earnings from Tokens will be used to purchase stock and fulfil electric bike deliveries. We make our profit on the sale of electric bikes as with any ordinary business. Our aim is to deliver as many electric bikes worldwide as possible and clock up more miles ridden than any other electric bike and will be measured in direct correlation to tokens issued.
Firstly any customer using the TOBA website to purchase any bike with BTC, BCH or TOBA will receive 10x Toba tokens 30 days after receiving your bike. We use 30 days because we are regulated by long distance delivery laws in the UK which must allow you to return the product within 30 days if you buy online.
When customers use the Model TOBA T to be launched in 2020 they will receive 1x Toba tokens per 10 miles cycled delivered to their wallet that will part of the TOBA application.
The reward level for both purchase and usage is halved after every 5.75m of issuance.