Devfolio

X-Ray: Mr. Goose

Introduction:

In the heart of Waterloo's vibrant culture lies Mr. Goose, an iconic symbol cherished by all. Waterloo Blockchain proudly introduces $MRGOOSE, a token system designed to reward event participation and offer exclusive merchandise opportunities.

Attendees receive $MRGOOSE tokens directly into their wallets by scanning QR codes at events. These tokens represent a shared journey within the Waterloo community and can be redeemed for Waterloo Blockchain merchandise.

Waterloo students can easily claim $MRGOOSE tokens through email verification, enabling them to join this exciting tokenized experience with ease. It will encourage individuals who are new to blockchain to get their first wallets, enable them to participate, and get more involved in the blockhain ecosystem. $MRGOOSE is a valuable, enjoyable, engaging, and meaningful means of connection between skilled and like minded students.

Tokenomics:

Supply Dynamics:

• Total Supply: 250,000 $MRGOOSE tokens will always be in circulation, ensuring accessibilty while also maintaining scarcity and value preservation.
• We will aim to maintain an equilibrium between the number of tokens being minted and burned.

Utility and Redemption:

Token holders can use $MRGOOSE tokens to purchase exclusive merchandise. When spent, tokens are promptly burned and replaced to maintain balance, preventing inflationary or deflationary pressures.

Example:

Tokens spent on merchandise: 450 $MRGOOSE
Tokens minted to replace burned ones: 450 $MRGOOSE