[FAQ]
[CANODROME]
What is CANODROME?
CANODROME is the first blockchain-based decentralized greyhound racing platform that will unite millions of track and field greyhound racing enthusiasts into one community where you can buy, breed and breed NFT greyhounds, bet on greyhound races in time and organize races in community-owned greyhound tracks in a decentralized way for real benefits.
What is Blockchain?
The chain of blocks or blockchain, is a public registry where all the transactions carried out on something specific are shared, thus preventing counterfeits from occurring.
What are NFTs (Non Fungible Tokens)?
NFTs are an inimitable asset in the digital world that can be bought and sold like any other type of property, but they have no tangible form. These digital tokens can be understood as certificates of ownership of virtual or physical assets.
What is POLYGON and BNB SMART CHAIN?
Polygon is what we know as the Matic Network, it is an ecosystem of layer 2 networks and sidechains whose objective is to solve the scalability problems that Ethereum has.
BNB Smart Chain (BSC) is a blockchain network built to run applications based on smart contracts, supporting EVM, consensus layers, and multi-chain hubs. Native to Binance, it allows users to get high transaction capacity and smart contract functionality.
When will CANODROME be released?
Our team works in Sprints of 15 days with a daily control of the work done and with the supervision of several members before concluding any task. With a rough calculation our preAlpha will be released at the end of May. Our Beta 1.0 is calculated for Q3, 2022.
Our Beta 2.0 is calculated for Q4, 2022 - Q1, 2023.
What is CAN?
CAN (Canodrome Coin) is the governance token of the CANODROME ecosystem audited by Certik.
What is an audit in Certik?
Certik is the leading company in the industry by pioneering the use of state-of-the-art formal verification technology in smart contracts, blockchain protocols, wallets, and DApps. An Audit in Certik is a regulated procedure to qualitatively and quantitatively analyze the efficiency of a project, the Smart Contract and the processes that are executed in it. In the following link you can access the Certik audit of our CAN token:
https://www.certik.com/projects/canodrome
Where can I buy the CAN token?
Right now you can only get the CAN token through the private Pre-Sales we are running on our own LaunchPad. At the end of the sale you will receive a SAFT (Simple Agreement for Future Tokens).
What is the CANODROME LaunchPad?
It is our launch platform that allows us to raise capital and provide access to the sale of the CAN token and NFTs in early stages for a certain group of investors. To access the CANODROME LaunchPad it is an essential requirement to be on our WhiteList. In the following link you can access the Canodrome Launchpad:
https://launchpad.canodrome.com/
What is a SAFT (Simple Agreement for Future Tokens)?
A SAFT is a simple agreement for future tokens. It is a specialized type of promissory note in which investors invest capital with the intention that their money will eventually become an investment in a token. SAFTs were created to help crypto companies raise money without violating regulations.
What is a WhiteList?
The WhiteList, translates as “Lista Blanca” in Spanish, is the one in which customers
they subscribe to have exclusive access, receive information or some type of content, which a company delivers with the prior acceptance of the user.
How do I get access to the WhiteList?
In early investment phases such as the Seed and Private Sale #1, you will have to complete a KYC form to access the WhiteList of these phases.
The rest of the phases have a limited WhiteList, you can get access to the Total WhiteList through our active giveaways.
What is a KYC?
KYC (Know Your Customer) could be translated as “Know your Customer”. KYC is a customer identification process that includes the compilation of identification documents. It is the first step for a person to become a client or registered user of an organization or company with security, guarantees and complying with the respective directives of the countries to prevent money laundering from illegal activities as well as terrorist activities.
What is the Total White List?
It is the White List that allows you to access all or any of our current or future presales.
How many Canodrome Coins (CAN) are there?
150 million.
How to stake the CAN token?
There is no Staking function as it is known in CANODROME. However, for being a Holder of the CAN token, you will receive a bonus in tokens every time another user makes a sale thanks to the Stability Fee and the AntiWhale Fee.
What is the Stability Fee?
It is a sale rate designed to give stability to the CAN token. Depending on when this sale is made (in days) the rate can vary from 30% to 5%, which will be distributed among the Liquidity, the Holders, the Ecosystem, Charity and Burning of tokens.
What is the Anti-Whale Fee?
It is a sale rate designed to avoid the massive sale of the CAN token. Depending on the amount of CAN tokens sold (>= 2000 CAN) an additional 40% fee will be applied, which will be shared between the Holders and the Burning of tokens.
What is token burning?
Token burning is an intentional action taken by the coin's creators to remove a specified number of the total available tokens from circulation.
Where can I buy the CANODROME NFT's?
Right now you can only get CANODROME NFT's (NFT Greyhounds and NFT Canodromes Parts) through the private Pre-Sales we are running on our own LaunchPad. It is an essential requirement to be on our WhiteList.
Are NFTs necessary to start playing?
At the launch of the PreAlpha version, only users who own Greyhounds NFT from CANODROME will be able to play.
What are NFT Canodrome?
The NFT Canodrome are the digital spaces of the CANODROME ecosystem where the Greyhound races will take place. Each Canodrome is divided into 5,000 NFT parts.
The Canodromes will be governed by a board of directors made up of the largest investors holding the largest NFT shares, who will make decisions within the Canodrome.
