Content text Battle of the Bars Decentralized League Strategy Final V2.1.pdf
WCO’s Battle of the Bars® Governors NFT Project Overview The Limited Governors NFT and the $BOTB token are designed to create a decentralized ecosystem built on Hedera where NFT holders gain access to governance rights and a direct role in the evolution of the Battle of the Bars® and broader freestyle calisthenics initiatives. By expanding the sport into Web3, WCO seeks to bridge the gap between real-world calisthenics competitions and digital engagement through UPONLY Gaming, allowing fans to Vote to earn $BOTB tokens, thus attracting current and a new generation of fans through this form of Voting to earn. Vote on the winning athlete and win, vote on the losing athlete and you don’t lose any tokens, this is UPONLY gaming. Strategic Plan: INO (GOV NFT): Capital Raise for Battle of the Bars® Decentralized Sports League Overview The plan focuses on decentralizing the governance of the Battle of the Bars® Freestyle Calisthenics Championships through an NFT based fan-governed sports league model. This will be achieved via the sale of 800 exclusive Governor NFTs at $250 USD equivalent in $Hbar each for initial capital. These NFTs provide exclusive benefits to holders and align with the league's vision of fan engagement and decentralized governance. GOV NFT’s will mint in 3 phases. ● See Tokenomics and Distribution schedule below. 1. Key Components of the Plan: Community driven Funding with only 800 Exclusive Governors having voting rights and Governors benefits. Benefits for Governor NFT Holders: 1. Real-World Experience (RWE): ● Exclusive access to all live Battle of the Bars events, including Exclusive Governors Seating area (limited up to 100 Governors per event/reservations required), meet-and-greets with athletes and behind-the-scenes access. 2. $BOTB Token Claim, Vested: ● (See Token Distribution details). 3. Governance Rights: ● Participate in league decisions by voting on Proposals. 4. Staking Rewards: ● Stake NFTs to earn rewards in $BOTB tokens - ( TBA ) 5. Ability to resell Governor NFT - WCO Receives of (5% Impart 2%) commission 3