About Colligo Tokens

About Colligo Tokens

Colligo is a Latin word that means “to bind”. In the same spirit, the token creators aspire to bring the online arts and collectibles community together through the issuance of Colligo Tokens.

Colligo Token is a “community first” arts and collectibles token. The vision of Colligo token is to build a socially responsible community of artists and collectors who appreciate, and have an interest in the development of, the “Gold standard” adopted by the Fusion NFT (FNFT), build a strong branding for FNFT, and to support and develop international art in an environmentally sustainable, socially responsible and transparent governance manner.

Colligo Token is one of the few “community first” tokens. Its purpose is not to raise funds (unlike many other projects). The primary purpose is to benefit the community and the secondary purposes include community building, brand building, and the  support and development of international art. Because art can bring people from all walks of life and who speak different languages together.

What Make Colligo Tokens So Different?

Colligo Token is one of the few “community first” tokens. What does it mean to be “community first”? What make Colligo Tokens so different?
These are the key factors…

  • Not a fundraising exercise
  • Limit how many tokens are sold to each buyer
  • Issuance by way of a fair sale
  • Trading with the Liquidity pool – there will always be a buyer/seller
  • Proof of Staked Authority (PoSA) consensus mechanism
What Make Colligo Tokens So Different?

Unveiling our first collaboration

Colligo Token is pleased to announce that it has secured a partnership with Coinllectibles – the world’s first Fusion NFT provider.

Coinllectibles will be launching a special Fusion NFT series for Colligo and the exchange rate for this special series will be pegged at…

1 Colligo Token : 0.1 USDT

More details of the Colligo Exclusive Fusion NFT will be announced shortly. For more information on the promotion, please join: https://t.me/Coinllectibles

Introducing coinllectibles

How it works

Download a Wallet

Download a defi wallet that support BSC (Metamask, Trust wallet, MathWallet, WalletConnet, etc) Ready some BNB in your wallet for the presale) Wallet options:

https://sourceforge.net/software/crypto-wallets/integrates-with-pancakeswap

Safe & Secure

Colligo smart contract is audited by Certik. They have audited for other tokens such as Binance and PancakeSwap, hence is one of the most credible auditors in the market

Buy & Sell (PinkSale)

Connect your wallet to PinkSale, Proceed to "Launchpad List" and find the "Colligo launchpad" where you will be able to subscribe to the project.
If you are a new buyer, click here for the new buyer's guide.

Buy & Sell (PancakeSwap)

Swich your wallet to BSC and connect to pancakeswap. Select “Exchange” (under “Trade”) to buy or sell Colligo, if you can’t find the token, under “select a currency” paste the contract address of Colligo manually

https://pancakeswap.finance/swap

Token Info

Be a part of Colligo and promote greater appreciation for arts and collectibles via the online space.

Presale Start Time:17 Nov 2021 at 8am (GMT-5)
Presale End Time:18 Nov 2021 at 8am (GMT-5)
Token Launch:19 Nov 2021 at 8am (GMT-5)
Token:COTK
Presale Allocation:350,000,000
Launch Allocation:280,000,000
Total Allocation:1,000,000,000
Contract address:0xc2770e5520b441bc730
b3894f32a4b8cf1b991e5

Token Distribution

  • Initial Liquidity
    28%
  • Presale
    35%
  • Development
    10%
  • Artist Pool
    5%
  • Marketing Pool
    5%
  • Staking Fund
    7%
  • Community Reserve
    10%

Utility of Colligo Tokens

These are some of the items that Colligo Tokens can be used for.
Coinllectibles is the first utility provider we are working with.
The number of utility providers who accept Colligo Tokens is expected to increase over time.

  • Used to acquire FNFTs offered by Coinllectibles
  • Coinllectibles will be offering a special FNFT series for Colligo holders
  • Mystery drop boxes for Colligo holders
  • Exclusive access to groups & events
  • Colligo Token holders can vote for community driven developments
Utility of Colligo Tokens

Frequently Asked Questions

Frequently asked questions (FAQ) for Colligo tokens (correct as at 22 Oct 2021). This is not, and should not be deemed to be or interpreted to be, an offer of, or an invitation to subscribe for, Colligo tokens in any jurisdiction.

Colligo Token is a “community first” arts and collectibles token.  The vision of Colligo token is to build a socially responsible community of artists and collectors who appreciate, and have an interest in the development of, the “Gold standard” adopted by the Fusion NFT (FNFT), build a strong branding for FNFT, and to support and develop international art in an environmentally sustainable, socially responsible and transparent governance manner.
Colligo Token is one of the few “community first” tokens.  Its purpose is not to raise funds (unlike many other projects). The primary purpose is to benefit the community and the secondary purposes include community building, brand building, and the support and development of international art. Because art can bring people from all walks of life and who speak different languages together.
Colligo is a Latin word that means “to bind”.  In the same spirit, the token creators aspire to bring the online arts and collectibles community together through the issuance of Colligo Tokens.
During a secondary trade, the buyer is not buying from the seller. He is always buying from the liquidity pool.  Conversely, the seller is always selling to the liquidity pool.

Under the AMM mechanism, each trade is guaranteed because the liquidity pool has both tokens and BNB. Some stakeholders see this as a very good system for token owners and very beneficial to the long-term health of the tokens.  A more detailed write up on the mechanics of AMM and how it affects the tokens can be found here: https://www.gemini.com/cryptopedia/amm-what-are-automated-market-makers#section-automated-market-maker-variations.

Any strategic investor or fund can participate in the presale of the Colligo Tokens in the same way as other interested buyers.
There will only be 1 billion Colligo Tokens issued.  There will be no more than that
The tokens will be minted on Binance Smart Chain (BSC).
Colligo’s “community first” approach is:
  1. Not a fundraising exercise. The issuance of Colligo Tokens is not a fundraising exercise for the issuer. 350 million tokens will be offered during presale at US$0.001 (in equivalent BNB, the native token of Binance). 80% of these proceeds will be placed into a liquidity pool to ensure that anyone who wishes to sell a token will get a bid. The remaining 20% will be used to subsidise part of the issuance costs and expenses. 
  2. The issuance of Colligo Tokens by way of a fair sale. Everyone has a chance to be a Colligo Token holder and no institution fund/strategic investor has a significant holding at launch (which is usually at a significant discount).  In this way, token holders do not need to worry about launch day token dumping. 
  3. Adopting a Proof of Staked Authority (PoSA) consensus mechanism.  Colligo Tokens are available on PancakeSwap and adopts a PoSA consensus mechanism. This mechanism combines Proof of Authority and Delegated Proof of Stake to achieve one of the lowest environmental cost when using this blockchain. This is consistent with one of Colligo Token’s mission of being environmentally sustainable.
  4. Limiting how many tokens are sold to each buyer.  There will be a token presale before the actual launch.  During the presale, each wallet can only buy up to 1BNB worth of Colligo Tokens.  The presale token is also affordably priced at US$0.001.  All these are done as we want as many people within the community as possible to benefit from the Colligo Tokens. 
  5. Liquidity pool.  35% of the total number of Colligo Tokens will be made available for presale (of which 80% of the issued proceeds will be placed into a liquidity pool). 28% of the total number of Colligo Tokens will also be placed into the liquidity pool to ensure that they will be available to any interested buyer. Every buyer and seller of Colligo Tokens will trade with the liquidity pool. This ensures that every buyer and seller will be able to buy or sell Colligo Tokens and prevents any manipulation of token price, since pricing is derived from the liquidity pool. Furthermore, the contents of this liquidity pool are completely transparent and available to public for viewing and monitoring.
Coinllectibles is not the issuer of the Colligo Tokens.

Coinllectibles decided to be the utility provider of the Colligo Tokens after being satisfied that the tokenomics is consistent with the vision of community building, brand building and supporting international art.

Colligo Token could be used for the following (some are under development):
  1. The tokens could be used to acquire FNFTs offered by Coinllectibles.
  2. Coinllectibles will be offering a special FNFT series for Colligo Token holders – these are exclusive FNFT deals that only Colligo Token holders can buy.
  3. There will be mystery drop boxes for Colligo Token holders to participate.
  4. Colligo Token holders will be given access to exclusive groups and events.
  5.  Token holders can use their tokens to vote for:

  1. New artist crossovers.
  2. Choice of collectible items on the crossover.
  3. Choice of chain to mint the FNFTs.
  4. Other community driven developments
We have already shortlisted several Exclusive FNFTs that will only accept Colligo Tokens.  Those items will be announced over our Telegram Channel in the coming weeks.

As a promotion, the exchange rate for those items will be set at 1 Colligo to US$0.10.  This means that if the Coinllectibles Fusion NFT item is priced at US$0.10 the buyer will simply have to pay US$0.10 Colligo Tokens for it.

To be kept up to date with the Colligo launch, please join the Coinllectibles Telegram Channel https://t.me/Coinllectibles.

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