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$NOVO Ameliorative Contract
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$NOVO Crypto's
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NovoPad Tiers
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NovoPad Referrals
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ISSUES & SOLUTIONS
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Novoos Team
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Safety Nets
Distribution Reasoning
Details on the final decision to this regard
Novoos chose the supply to be fixed at 1,000,000,000 tokens and many cryptocurrencies inclusive of the top 5 metaverse cryptocurrencies have their supply to be limited between 1 to 5 billion.
$NOVO wants to launch at a price between 0.0001- 0.010 because the price of any token or coin is dependent on how the Private Seed Sale organization is perceived and the plan of the distribution including the amount of funding that is required to be raised.
Additionally, the amount to be given to early supporters via Private Seed Sale as compared to those who contributed at a later date or stage through the main presale and public sale.
Determining the price of a token during private seed sale and presale is an interesting aspect of ICO preparation which is equally important for Novoos too.
This is because it will affect how the $NOVO token will be valued after the Private Seed Sale or once it starts getting traded on various exchanges when the time comes.
Wrong financial strategy may cause a lot of dumping once Novoos is launched on PanCakeSwap for example or when it is on exchanges.
The aforementioned will thus force the price to go down which is needed to be avoided.
For example if Novoos is launched, Where:
Where: 7.5% π‘œπ‘“ 1,000,000,000 = 150,000,000
150,000,000 Γ— .005 = 750,000
150,000,000 = π‘‡π‘œπ‘‘π‘Žπ‘™ 𝐼𝐢𝑂 π‘‘π‘œπ‘˜π‘’π‘›π‘ 
.005 = π‘™π‘Žπ‘’π‘›π‘h π‘π‘Ÿπ‘–π‘π‘’
180,000 = π΄π‘šπ‘œπ‘’π‘›π‘‘ π‘Ÿπ‘Žπ‘–π‘ π‘’π‘‘
Novoos wants to raise 600 BNB in the Private/Seed Sale offerings and presale combined.
If there is any change to the $NOVO Private Seed Sale tokens distribution from the total initial supply, it will change the amount raised with a price of .005 as a constant.
If Novoos changes the Private Seed Sale price, the presale has to be adjusted with the presale and launch prices too which may result in potentially overpricing or underpricing $NOVO.
Even if $NOVO have 1 billion initial supply (not our total supply, which is unlikely to reach max until a few years after launch) in circulation with a market cap of 100 million our price will be $0.1.
This is an ideal and perspective price for the Novoos project as psychologically retail investors can be targeted and they will tend to buy more $NOVO if it's cheaper but has an amazing potential for growth which will be the case.
Here is an example when lowering the total supply to 600,000,000 for $NOVO for a further break down.
The wallet distribution will remain the same at 7.5%.
Where: 7.5% π‘œπ‘“ 600,000,000 = 45,000,000
45,000,000 Γ— .005 = 225,000
45,000,000 = π‘‡π‘œπ‘‘π‘Žπ‘™ 𝐼𝐢𝑂 π‘‘π‘œπ‘˜π‘’π‘›π‘ 
.005 = πΏπ‘Žπ‘’π‘›π‘h π‘π‘Ÿπ‘–π‘π‘’
220,000 = π΄π‘šπ‘œπ‘’π‘›π‘‘ π‘Ÿπ‘Žπ‘–π‘ π‘’π‘‘
Since we want to raise 600 BNB from Private Seed Sale and presale in total, we can’t launch at a price of .01$ with a supply of 20,000,000 tokens.
The Novoos Private Seed Sale price has to be adjusted to 0.011 to raise 220,000 from the $NOVO Private Seed Sale sales.
If half of the Novoos supply is in circulation with a market cap of 100 million, our token will have a price of $0.6 which is believed to be a little overpriced as our target audience which is retail investors as like every other cryptocurrency we want to increase our market cap and get into the multi-billion market cap club.
With 600 million as the supply standing and given that half of the supply is in circulation when the market cap hits above billion dollars, $NOVO will be priced above the target price and will continue to increase.
Resulting in a loss of investments from retail investors as they will not see too much profit to be made from the Novoos token compared to the price from 1 billion tokens as the total supply and 290 million in circulation.
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