SHIVOM
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This article will discuss the Omix token.
OmiX Token Attributes
The OmiX tokens hold an important role in the governance of the system for two main reasons. First, it serves as the fuel of the platform operation. Buying, trading, rewarding, and other transactions will use this token. That is why OmiX token is the key component for Shivom.
As a utility token, it holds numerous functions. First, you can use it to get premium services on the Shivom platform. For example, you can get genome sequencing kits by using this utility token. Patients and other users as well can get access to fitness applications provided by the third party with OmiX tokens. These service providers can also use Shivom platform. It is because Shivom is building partnerships to enhance the services. Lastly, yet the most obvious one, the tokens enable the users to access the genome database. Meanwhile, the tokens also enable stakeholders to sponsor the sequencing projects. The tokens are also used by researchers to pay their participants and donors to be involved in their research studies.
OmiX Token Distribution
Shivom already created 3 billion OmiX tokens. This amount of token will be distributed for at least six occasions or parties. 990 million of them will be put on the ICO sale. Meanwhile 90 million of the tokens will be dedicated to the Shivom community. They will be used for rewards and bounty programs. Bounty programs are conducted to influence the network impacts. In other words, this part of the tokens will be utilized to maintain the growth of the community within the platform. Founders will get 420 million of the tokens while advisors will get 300 million tokens. 600 million OmiX tokens will be used for developing the smart contract and other things related growth pool intensification. The rest of the tokens will be reserved by the company.
The funds obtained from the sale will be used for platform development that includes adding new features, curating data, and integrating UI, APIs, and sort of. Other parts of the funds will be used for operations, R&D, marketing, and building partnership.
OmiX Token Sale Schedule
There are three ways to acquire the tokens. First, you can buy them during a token sale that will run from 16 April to 16 May 2018. You can go to its website to buy the tokens. Following its Telegram and Twitter is also useful as the latest update of any events including the token sale is always firstly informed through the social media. The second way to get the tokens is from rewards collection. Of course, you should join the platform in order to receive rewards. Third, later there is a possibility that the tokens will be sold in secondary markets.
This is the information that we can provide. The decision to invest in the sale is on your hand. We are not responsible for the risks that may occur.