Bitcoin, which is built on Blockchain, was an effort to save the “money” from the centralized, authoritative governments and institutions. However, nowadays, cryptocurrencies are falling apart from their main purpose of saving the “money” and they are becoming more institutionalized while individuality is left behind.
The Ensemble token is created for each individual to have a say and to make a difference. The Ensemble is created as a simple, undistinguished token; to be suitable for its purpose. The future of this token will be decided by the holders of this token. Ensemble is a collective token, of which it’s project and technology will be decided and developed by its holders and coders.
The mechanism of Ensemble token works in a way that as the project is improved by the holders and coders, their influence on the project will increase.
Lite paper, token and related projects will be improved and written by the holders. Ensemble is built on four pillars to provide an efficient system.
ENCORE
Encor is a platform based on open-source software and in which the open-source software coders are awarded.
To provide a smooth process and to form a core community, initially joining the community will only be via a reference or an invitation. Coders are free to exhibit their projects in any language and any area of study in this platform. Other coders evaluate and interpret the project, and they can comment on, provide suggestions for and promote these projects.
Example: Any coder may revise an exhibited project; may correct an error or may make a suggestion. These revisions are visible to everyone and are open to comments and votes. However, unless the owner of the project chooses to make a change, revisions cannot be applied to the project. If the owner of the project chooses to make change, they can add these revisions to their project just by one click or edit these revisions and add that edited version. The system of Encor will ameliorate the open-source software and new projects further ahead.
Each like, comment and sharing on Encor has a point equivalent. ENS tokens will be given in accordance with the points earned. For each token given, equivalent amount of ENS will be burned. Thus, as the project is improved, maximum supply of Ensemble will reduce and the value of Ensemble will increase.
The Ensemble is a token which will improve by the contributions of all. New tasks can be opened in line with the requirements or by the new decisions made on the voting platform. If the coders prefer, they can support these new tasks and if they do, they will earn points.
The focal point of Encor is to become a platform where everyone can contribute for the softwares which are utilizing open-source softwares; such as Krita, Blender, LibreOffice, FileZilla, VideoLAN etc. (These projects are target projects; there is no current agreements). When the basis and core community of Encor is formed, a strategy will be pursued that targets individual users.
In the future, there will be premium memeberships for the corporates that do not use open-source softwares. Corporate projects will only be visible to their employees. The revenues obtained will be used for the development of Encor and for the funding of projects which will develop within Encor.
VOTTO
This platform is a website which will be collectively created within Encor. Holders of ENS are allowed to make a suggestion and to vote a suggestion on any subject by smart contracts; provided that they can prove their ownership of required amount of ENS.
- Each holder is allowed to make a suggestion on any subject by creating a smart contract. To make a suggestion, holders must own at least $400 equivalent of ENS token, which is just an assurance and will not be paid by the holders. (Holders who wish to make a suggestion are required to pay only the transaction fee)
- The suggestions made will be evaluated by their compatibility with Ensemble constitution; then by the expressiveness of the suggestion. Suggestions like “Ensemble should have …” are not acceptable. The advantages, designation of a problem, resolution of a problem and procedures of the suggestion must be explained in detail.
- Suggestions are accepted or rejected with respect to the second clause.
- Suggestions will be voted for at least 1 month and maximum 6 months (Holder making the suggestion decides the voting period). Holders, who are expert in their field, will evaluate the suggestion in terms of utility, feasibility, integration to the project, and hardship. The results of these evaluations are shared and, by this, other holders will be informed.
- If the suggestion is voted less than 5% of the holders, it will automatically be rejected. Each holder participated in voting, whether accepted or rejected, will be given NFTs as an award and a proof of participation.
- Roadmap is prepared and project is started for the realization of the suggestion.
The expert title is given to people in the Votto platform via invitations. These people are chosen by their field of expertise; such as economics, coding, managing, artist, entrepreneurship, influencer etc. When the expert is determined, it is announced to everyone in the community. These experts are known in the platform; however, it remains confidential that which expert is voted for which project.
Initially, only choices will be provided in Votto. Example: In which area would you prefer that Ensemble project to be improved? Transport, staking, tourism, cybersecurity, gaming, NFT… As the project is improved, the platform become a place where the holders can make any suggestions on any subject by smart contracts.
To prevent the whales to dominate this system, measures will be taken. These measures are ownership of required amount of ENS in their wallet, or waiting for mining of some blocks after the transaction of ENS token to the wallet for voting etc.
BARLY
NFTs given as reward in Votto will contain works of agreed artists in JPG, 3D, mp4, GIF or wav formats. These NFTs will consist of Epic, Ultra Rare, Rare and Common categories.
Barly is a market for NFTs that are made by artists and made or bought by holders. Users will be able to buy and sell by fixed price, auction and swap options.
Barly V2 will be a platform where each month a new set of “gaming NFTs” are released and various games are played via Barly.
There will be a contest on Barly in every 3 months and the bast rated work will be used in NFTs of the following voting rewards and the owner of the work is rewarded with ENS.
Owner of the work will get a commission of 6% on each sale. Barly Platform will burn 2% of ENS for each sale.
Barly will contain progressive ideas such as NFT Stake and will be differentiated from other NFT platforms.
KoboSwap
Kobo is a DeFi project that is built on Binance Smart Chain network. In this platform, tokens can be bought and sold, staking and farming can be done via BSC network.
In Kobo V2, pre sales of tokens in the BSC network that are developed via Encor will be done. The Kobo platform will use the revenues of pre sales for buying ENS tokens from the market and burn them.
Ensemble Constitution
- As the number of holders increases and the project improves, the authority of holders will increase.
- The rights given to holders can not be withdrawn.
- Clauses that can not be voted are: Ensemble project can not be ceased to a stop or eliminated. Tokens can not be granted to others. Suggestions that are threatening the Ensemble project in terms of ceasing, risking or raising doubts can not be made.
- Each account is able to vote in only one category, and to choose only one option.
- First 5 clauses can not be changed, and the suggestions to change can not be made or voted.
- For the votings that are categorized as “IMPORTANT” by the Ensemble, holders are required to have at least $1000 equivalent of ENS. For other votings, having at least $400 equivalent of ENS is required.
- Decisions made in accordance with the votings can not be changed or cancelled for 3 months.
- NFTs will be given as a reward and as a proof of contribution in votings.
- Until the voting platform is in use, founders of Ensemble project are allowed to make any change on these clauses (Except for the first 5 clauses)
- If the contribution to voting is less than 5% of current holders when the voting period has ended, the voting will be automatically rejected.
FAQ
Q: Why Ensemble is founded in BSC network instead of more decentralized coins such as Ethereum?
A: Decision making system is built on smart contracts and Ethereum transaction fee is high, so we preferred BSC network.
Q: If the project will be determined by the holders, why platforms such as Encor, KoboSwap etc. exist?
A: These projects are the 4 pillars of Ensemble project and at the same time they are tools for improving the Ensemble project. They are useful in expansion of the area of use of token and reaches to a wider community.
Q: What is the order of development/publish of these 4 projects?
A: Encore, Votto, Barly, KoboSwap.
Q: At which stage of development are these projects?
A: All 4 projects are studied thoroughly and scheme of these projects are determined. Yet cannot be shared due to confidentiality restrictions.
Token Name: Ensemble
Symbol: ENS
Total Supply: 300,000,000
Decimals: 18
Contract: 0x93600cEc0Ba5717A14fE0604081a53937EFbA841
Official Site: ensembletoken.com
