The questions that keep appearing.
Clear answers about Omnexia, $PLT, the apps, vesting and the future network.
What is Omnexia?
Omnexia is the long-term community-focused Web3 network. It is planned to be built through a sequence of smaller apps that can establish users and advertising revenue before the larger platform is developed.
What is $PLT?
$PLT, Practice Launch Token, is the token behind the first initiative under the Omnexia umbrella. It is not currently the Omnexia platform token.
What does the presale fund?
Presale funds are intended to build and launch Ol' Crusty, the first crab-themed farming app, while helping kickstart the remaining five planned apps.
Is $PLT an investment?
The project is presented as a utility and access offering, not a promise of financial returns. Nothing on the website guarantees profit, appreciation, income or repayment.
How does vesting work?
Current configuration: 0% initial release, then 10% every 30 days for 10 cycles.
What if milestones are not reached?
Milestones can change, be delayed or not be reached. The project does not promise that a particular app, revenue target or platform launch will occur by a specific date.
What is the performance-based reward?
If the six apps collectively achieve certain revenue milestones, presale contributors may receive an additional reward at the project's discretion. It is not fixed or guaranteed.
Will $PLT holders receive a future Omnexia token?
If Omnexia eventually launches its own token, $PLT presale contributors are intended to receive priority access to a bonus allocation ahead of the general public. Exact terms are not fixed yet.
How does the burn work?
A portion of app advertising revenue is intended to purchase $PLT from the open market and permanently burn those tokens.