AWACOIN

UTILITY VALUE OF AWACOIN

The AWACOIN will be the only accepted currency within the VERAWA WORLD Ecosystem, which includes all 12 resorts, businesses, amenities, attractions, assets, properties, goods and services of VERAWA WORLD and its affiliating organizations. Therefore, the transactions of all assets, goods and services will be done in AWACOIN.

Yet, these assets, goods and services will be priced in US Dollars. The exchange rate between AWACOIN and the US Dollar will determine the market price of these assets, goods and services in AWACOIN. The higher the value of AWACOIN, the higher the purchasing power of the token within the VERAWA WORLD Ecosystem.

The value of AWACOIN will be determined by the following “state of affairs”:

1. AWACOIN ITO Value
2. AWACOIN Minimum Guaranteed Conversion Rate Value
3. AWACOIN Market Value

1. AWACOIN ITO VALUE

ITO token purchasers are offered a unique opportunity to acquire AWACOIN under the minimum guaranteed value of US$ 1.00 This provides ITO token holders an exceptional chance to acquire real estate properties at very favorable conditions or enjoy an unforgettable holiday experience at a fraction of the price that other tourists will pay within VERAWA WORLD.

During the Initial Token Offering the value of AWACOIN will be controlled. After completion of each ITO Sales Stage, the value of AWACOIN will increase with US$ 0.10. For the development of PURE BEACH RESORT a total of US$ 25,600,000 will be raised through the issuance of 36,025,00 AWACOIN.

AWACOIN ITO SALES STAGES

Stage 1US$ 3,100,000US$ 0.506,200,000 AWA
Stage 2US$ 4,200,000US$ 0.607,000,000 AWA
Stage 3US$ 5,180,000US$ 0.707,400,000 AWA
Stage 4US$ 6,100,000US$ 0.807,625,000 AWA
Stage 5US$ 7,020,000US$ 0.907,800,000 AWA
TotalUS$ 25,600,00036,025,000 AWA

After completion of the last sales stage the market value of AWACOIN will be determined by market principles of supply and demand. As from this moment AWACOIN will be traded at market value at several decentralized and centralized international Token Exchanges.

2. AWACOIN MINIMUM GUARANTEED VALUE

What makes this ITO unique is that the downside risk of the offering has been considerably reduced, since the value of AWACOIN is backed by VERAWA WORLD assets, goods and services. Token holders are assured a minimum guaranteed token value based on the conversion rate of 1.00 AWA = US$ 1.00.

VERAWA WORLD ASSETS

In case the value of AWACOIN will not be at par or higher than US$ 1.00, token holders will have the right to convert their tokens into real VERAWA WORLD assets at the rate of 1.00 AWA = US$ 1.00. This allows token holders to convert AWACOIN into real estate properties, whether it is a biophilic bungalow, river penthouse, ocean view apartment, beach villas or any other property. Token-conversion into real estate properties can be on the bases of sole ownership, fractional ownership or long-term lease.

VERAWA WORLD GOODS AND SERVICES

Token holders can also purchase goods and services within VERAWA WORLD at the minimum rate of 1.00 AWA = US$ 1.00. This includes hotel nights, food & beverages, tours, excursions, marina slips, eco-attraction park entrance fee, use of the spa & wellness center, reservation of event center, aerial tram day pass, and much more.

3. AWACOIN MARKET VALUE

After the ITO, the “market value” of AWACOIN will be based on supply and demand. If the value of AWACOIN is higher than the guaranteed minimum value of US$ 1.00, token holders can convert their tokens into VERAWA WORLD assets, goods and services at “market value” or trade their tokens at Token Exchanges for any other crypto currency or fiat.

SUPPLY OF AWACOIN

The supply of tokens is limited and based on the “token circulation issuance scheme”, that has been designed to make sure that during the development of VERAWA WORLD there will be enough tokens in circulation for all stakeholders and to sustain the purchasing power and optimum token value for the token holders.

TOKEN CIRCULATION ISSUANCE SCHEME

Expansion EventIssuance of AWACOIN
Pure Beach Resort50,000,000 AWA
Atlantis Resort40,000,000 AWA
Semilla Resort27,500,000 AWA
Luxe Resort25,000,000 AWA
Karma Resort22,500,000 AWA
Spice Resort15,000,000 AWA
Marina7,000,000 AWA
Airport10,000,000 AWA
Cable Car13,000,000 AWA
Total200,000,000 AWA

Over time the VERAWA WORLD Ecosystem and supply of tokens will gradually expand though the development of:

1. TOKEN ISSUANCE - PURE BEACH RESORT

For the development of PURE BEACH RESORT, a total of approximately 36,025,000 tokens will be sold through the ITO. A total of 9,975,000 tokens will be distributed to the Founders, General Manager, Strategic Partners and Bounties, an additional 4,000,000 tokens will be held in reserve, in order to assure sufficient liquidity within the VERAWA WORLD Ecosystem. At the opening of PURE BEACH RESORT, a maximum number of 50,000,000 AWACOIN will be in circulation.

PURE BEACH RESORT TOKEN DISTRIBUTION

ITO Token Holders36,025,000 AWA
Founders5,000,000 AWA
General Manager1,750,000 AWA
Strategic Partners2,500,000 AWA
Bounties725,000 AWA
Reserve4,000,000 AWA
Total50,000,000 AWA

2. FUTURE TOKEN ISSUANCES

For the financing of the development of the subsequent five resorts, an additional number of tokens will be issued though future token offerings. The number of additional issued tokens for each new Resort will decrease proportionally to stimulate a growing demand and limiting supply. This principle of diminishing the number of new tokens at each new resort will have a stimulating effect on the value of AWACOIN. In addition, a special reservation of 30,000,000 tokens has been made for the financing of several large infrastructure projects, like the Ocean Marina, Airport and Cable Car.

Consequently, upon completion of the 6th Resort and all three major infrastructure projects, the maximum amount of AWACOIN in circulation will be 200,000,000. Ongoing expansion of the VERAWA WORLD development will further increase the demand for AWACOIN. An increasing demand combined with a limited supply will have a stimulating effect on the value of AWACOIN.

DEMAND FOR AWACOIN

The demand for AWACOIN is defined by the number of stakeholders within the VERAWA WORLD Ecosystem multiplied by their total transaction volume. The result of a limited supply combined with an increasing demand will create scarcity and boost the value of AWACOIN.

The demand for AWACOIN is based on the transaction volume of the following stakeholders:

STAKEHOLDERSNEED FOR AWACOIN
Guests / VisitorsPay for goods and services during their stay in AWACOIN;
Property OwnersReceive the revenues from their rental properties in AWACOIN;
EmployeesReceive their salaries and profit share in AWACOIN;
Contractors / SuppliersFull or partial acceptance of AWACOIN for their products & services;
Local CommunitiesReceive the profit share of the `Giving Back Program` in AWACOIN;
Token TradersAcquire AWACOIN for fiat, ETH or BTC to sell, store or trade tokens;
Affiliated OrganizationsFull or partial acceptance of AWACOIN for their products & services.

DEFLATION, STORAGE AND TOKEN SPECULATION

In case of a growing demand and a limited supply, a deflationary effect will stimulate the value of AWACOIN. This means that every year the purchasing power of AWACOIN will be higher than the previous year. As a result, the participants within the VERAWA WORLD Ecosystem will very likely store their tokens, speculating on a higher value in the future. This deflationary effect will lower the number of AWACOIN in circulation and therefore boost its value.

AWACOIN SUPPLY & DEMAND

CIRCULATION AWACOIN WITHIN
VERAWA WORLD ECOSYSTEM

TOKEN LAND BACK-UP PROGRAM

As an ultimate layer of security for ITO token holders, AWACOIN is back-up by land. A unique Token Land Back-Up Program has been created to provide token holders the exclusive right to convert their tokens into “Land Parcels”.

The Token Land Back-Up Program encompasses the subdivision of 1,280 Titled Land Parcels, with an average lot size of approximately 1,000 m2, each individually registered on the blockchain. The Land Parcels are ideally located near the beach, adjacent to the main road that connects the airport with Pure Beach Resort.

LAND OWNERSHIP

The value of each Land Parcel is set at 25 AWA per m2. Subsequently, a total of 25,000 AWA can be converted into the “sole ownership” of one Land Parcel. Token holders with less than 25,000 AWA we offer “fractional ownership” possibilities, that allows for the conversion of tokens into a proportional share percentage of a Land Parcel. The land possessions will be registered on the blockchain.

These sole ownership and fractional ownership tokenized Land Parcels are liquid and fungible and can be easily traded with other land investors. Because of the low Token – Land Redeem Value of 25 AWA per m2 is generally expected that these Land Parcels will have a higher value in the future.

LAND TRUST

For the subdivision of these 1,280 Land Parcels, a total of 200 hectares of land will be transferred to an independent “Land Trust” to assure and protect the land rights of the owners of the Land Parcels. The Land Trust is managed and controlled by the Fiduciary, located in the Republic of Panama.

The distribution of the land parcels within the “Token Land Back-up Program” will be organized on the basis of “first comes, first serves” for sole ownership investors. The fractional ownership investors will receive a fraction of a land parcel based on random distribution. The subdivision master plan shows the available 1,280 Land Parcels (shown on Figure 1-2).

TOKENOMICS

MARKET VALUE OF VERAWA WORLD

VERAWA WORLD Holding:Owner of all Land, Properties, Permits, Studies, Master Plans, Development Plans and Intellectual Property Rights.
Land Size:1,114 hectares
Price per M2:US$ 9.10
Value of VERAWA WORLD:US$ 101,374,000
Initial Development Capital:US$ 25,600,000
Total Project Value (@START):US$ 126,974,000
Objective Offering:Development Capital Pure Beach Resort

AWACOIN DETAILS

Token Name:AWACOIN
Token Code:AWA
Contract:0xDeccdC7FC3F0959e9e384db33E87086208701e2c
Blockchain Used:Ethereum
Token type:Asset-Based Token
Token Standard:ERC-20
Issuer:VERAWA WORLD HOLDING, SA
Currency:Panamanian Balboa (PAB) / United Stated Dollar (USD)
Volume:200.000.000
PAB Denomination:1 PAB, divisible up to 2 digits
Issuance Date:October 10th, 2020
Public Issuance Price:1.00 PAB for 1.00 AWA

INITIAL TOKEN OFFERING (ITO)

ITO Stage 1 - Private Sales:6,200,000 AWA at US$ 0,50 per Token
ITO Stage 2 - Public Sales:7,000,000 AWA at US$ 0,60 per Token
ITO Stage 3 - Public Sales:7,400,000 AWA at US$ 0,70 per Token
ITO Stage 4 - Public Sales:7,625,000 AWA at US$ 0,80 per Token
ITO Stage 5 - Public Sales:7,800,000 AWA at US$ 0,90 per Token
BTC Payment Address:bc1qft03mm6j8emgj6lknn54talja068gs3zc0w3xq
ETH Payment Address:0x98020089Ea2BB9169D2472bD3b8041bB61046AB4

TOKEN ISSUANCE

Pure Beach Resort:50,000,000 AWA
Atlantis Resort:30,000,000 AWA
Semilla Resort:27,500,000 AWA
Luxe Resort:25,000,000 AWA
Karma Resort:22,500,000 AWA
Spice Resort:15,000,000 AWA
Marina:7,000,000 AWA
Airport:10,000,000 AWA
Cable Car:13,000,000 AWA
Total Tokens Issued:200,000,000 AWA

ISSUANCE SCHEME

Learn More ABOUT VERAWA WORLD