> For the complete documentation index, see [llms.txt](https://autobahn-33.gitbook.io/bithold-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://autobahn-33.gitbook.io/bithold-whitepaper/overview/general-info/token.md).

# Token

AVA Token distribution

<table><thead><tr><th width="162">      $AJM</th><th width="168" align="center">AVA Governance token			</th><th width="150" align="center">Market Cap Seed</th><th width="156" align="center">Market Cap Seed</th><th align="center">Potential based estimation</th></tr></thead><tbody><tr><td>Total number</td><td align="center">200 000 000,00</td><td align="center"></td><td align="center"></td><td align="center"></td></tr><tr><td>Price seed</td><td align="center">$0,02</td><td align="center">$4 000 000,00</td><td align="center"></td><td align="center"></td></tr><tr><td>Price pre-sale</td><td align="center">$0,05</td><td align="center"></td><td align="center">$10 000 000,00</td><td align="center"></td></tr><tr><td>Potential based estimation</td><td align="center">$7,00</td><td align="center">350</td><td align="center">140</td><td align="center">$1 400 000 000,00</td></tr></tbody></table>

## Using the AJM TOKEN

1. The AJM token is used to pay for all transactions on the AVA BITHOLD Marketplace
2. AJM token is used to give away prizes on the trading floor
3. The AJM token is used to pay for MUSIC NFT mines via the NEAR protocol
4. The AJM token is accepted for sales on our trading floor
5. All voting and contests are conducted using the AJM token

## AJM Income Plan

1. Sellers will receive some AJM as a verification bonus
2. Users will receive a referral bonus for each customer referred
3. 25% of the fees will be used to redeem AJMs and burn or withdraw them from circulation

## AJM token appreciation plan

To maintain the long-term value of AJM tokens, there is a deflationary plan to take tiny chunks out of 100 million AJM tokens through redemption and burnout, with 25% transaction fee income. This means that 25% of the 1% commission will be used to redeem AJM tokens and withdraw them from circulation. Consequently, 0.025% of the value of each transaction will go out of circulation.

| Assumed sales volume ($) | 1% transaction cost fee ($) | Volume burnt ($) |
| :----------------------: | :-------------------------: | :--------------: |
|          $10,000         |             $100            |        25        |
|         $100,000         |            $1,000           |        250       |
|        $1,000,000        |           $10,000           |       2,500      |
|        $10,000,000       |           $100,000          |      25,000      |
|       $100,000,000       |          $1,000,000         |      250,000     |

## AJS Token

Name - AVA Jarvis Stable\
Symbol - AJS\
Blockchain - NEAR Protocol\
Supply - Unlimited

Token for the domestic market and applications. With AJS, we control the volatility of AJM and eliminate the risks of AJM collapse. The main goal of AJS is to provide the same entry threshold for everyone, regardless of the AJM course.

## Offer and Earnings

AJS has an unlimited supply and is earned when the user listens to music. 500,000,000 AJS will be created to provide liquidity.&#x20;

## The AJS is burned at

1. Minting the headphones
2. Repairs
3. Earphone upgrade
4. GEMS Upgrade
5. When unlocking new Jarvis/Headphones collections

## Using the AJS Token

* Payment of internal transactions on the AVA trading platform and in the L2E dApp
* Jarvis and headphone upgrades
* Purchases / sales of AJM
* Royalty payments to artists