OVERVIEW
The history of cycling and Blockchain
Blockchain technology is a decentralized, distributed system that allows multiple participants to collaboratively record and manage data. This technology is currently being used in a variety of fields, and it can be applied to cycling.
Initially, bicycle sharing services, which combine bicycle exercise and blockchain technology, were attempted to solve the problems associated with bicycle rental in general, and blockchain technology can be used to operate more effectively.
Blockchain technology can also be used to collect and manage data related to bicycle exercise. For example, by recording data such as distance traveled, speed, and calories burned on the blockchain, it is possible to provide new services such as managing exercise volume and competing with other users.
Key features of ATEON
Build a secure Decentralized Environment
Delivering Continuous and Stable Societies
An Ecosystem based on Virtual Assets
Problem and Challenge
Cycling blockchain platforms based on M2E had a fatal flaw: the system relied on maintaining the asset value of the token to stay afloat.
Market instability
The virtual assets used in blockchain M2E forms are traded on the blockchain. However, blockchain markets are unstable and can experience rapid increases and decreases in asset values. Due to this market instability, the value of virtual assets acquired within the ecosystem can drop significantly, causing users to suffer large losses.
Tort Risk
In blockchain M2E, virtual assets are traded on the blockchain. This can make it easier for illegal activity to occur, and even easier for illegal behavior to occur within the system.
Regulatory and legal issues
Because of the risk of illegal activity, blockchain M2E can present regulatory challenges. Since virtual asset transactions that occur within the system are not a legally recognized form of transaction, legal mechanisms are needed to regulate and protect them.
Continuity of Service
Most of the virtual assets used in blockchain M2E forms have been operated by prioritizing the economics of blockchain-based tokens and combining cycling with them as a secondary service.
Why Ateon?
As the main in-game currency in the ATEON ecosystem, it is the core medium of exchange for purchasing assets and playing games.
It is also a token that holds the value of assets and serves as an incentive for gameplay
Riding to Earn (R2E) beyond simple Move to Earn (M2E)
Unlike these traditional approaches, ATEON focuses on cycling societies, and the blockchain is designed to be an ecosystem that allows societies to scale continuously and reliably.
NFT Authentication
ATEON provides the ability for each participant to own their own NFTs. When a participant creates an ATEON wallet, they are granted a certain amount of ATEON TOKENS and an NFT is created along with it.
Ride Tracking
Riding Activity Tracking is a unique technology that ATEON has implemented and has allowed us to try different things. First, we implemented Riding to Earn by default.
Autonomous Community
ATEON seeks a community that inherits the spirit of a DAO. ATEON provides the foundation to run the community. Participants can use it to run their own communities.
INTRODUCTION OF ATEON
Overview
| Name | ATEON TOKEN : ATN |
| Address | 0xC77Ea93706221bbEF656E3Ae06bDEC679d4AD41e |
| Purpose | The Main Currency of the ATEON Ecosystem: buying and trading assets |
| Spec. | ERC-20 Standard Token, Polygon Network |
ATEON is the ERC-20 standardized implementation of the Polygon Network's token.
ERC-20 is a standard for fungible tokens, where each token has the same properties of type and value as the other. ATEON is the main in-game currency in the ATEON ecosystem, a key means of exchange for purchasing assets and playing games.
It is also a token that holds the value of assets, and thus functions as an incentive for gameplay.
The economic system, carefully designed by the ATEON team, will work as an integral part of the ecosystem, with rewards automatically calculated based on the number of participants and difficulty levels of the game, as well as statistics from the entire ecosystem.
Users will be rewarded for their efforts with ATEON, and the amount of this reward will be neither too much nor too little, and will be structured to minimize discrimination based on order of entry.
ATEON Tokens
A total of 946,073,047 TEON have been issued.
The issued ATEON will be distributed over a five-year period as follows.
Token Information
| Purpose | Ratio | Number of issues | Use |
| Private Sale | 2% | 18,921,461 | Private Sale |
| Public Sale | 3% | 28,382,191 | Public Sale |
| R2E Eco Staking |
55% | 283,821,914 | Riding to Earn Eco System Staking Rewards |
| Air Drop Event |
10% | 94,607,305 | Air Drop Event |
| Founder Team Advisor Partner |
15% | 141,910,957 | Foundation development Operations etc. |
| Marketing | 5% | 47,303,652 | Marketing |
| Reserve | 10% | 94,607,305 | For Prepare |
| Total | 100% | 946,073,047 |
Tocken Process
ATEON is a blockchain where every action you take on your bike and in the community is recorded,
These behaviors are rewarded with the most assets, and you can use the given virtual assets to
ATEON has a circular loop that allows you to have higher influence and voting rights in the cycling society.
ATEONCYCLE (ATC)
ATEON Utility tokens in the ecosystem
In addition to ATN, the governance token, ATEON has an ATEONCYCLE (ATC) token that can be used in the ATEON ecosystem. This token is a reward token that is awarded linearly based on the participant's activity on ATEON. Earned tokens can be swapped for NFTs or other tokens through the DEX.
These tokens utilize the Polygon network, which has low gas costs due to frequent issuance and destruction. In principle, they are free to trade, but there are no fees charged to participants, instead the operator pays the fees. However, in exchange for no fees, there is a limit on the number of transactions in a given period of time.
| Purpose | A token that can be earned daily on ATEON and is the base coin for R2E. |
| Chain | Polygon, ERC-20 Token |
| Address | 0xeCb6BfD16bf44783d4039F5339D268Fc1FA697A7 |
| Acquisition |
- R2E: Earned Travel, Earned Territory, Earned Missions - Community Activities - Rewards: Event Rewards, Ranking Rewards |
| Use & Burning |
- Secondary Goods for creating new NFTs, such as NFT production/evolution/synthesis - Primary commodity for enhancing and leveling up NFTs - Participation in various events - Reclaimed tokens are burned according to a price maintenance algorithm - Suppression of inflation through various uses |
| Transactions | - Direct transactions between users |
| Total Issued | - Undetermined |
VELO
For self-authentication NFT
ATEON provides the ability for each participant to own their own NFTs.
When a participant creates an ATEON wallet, they are granted a certain amount of ATEON TOKENS, which are used to create NFTs.
This NFT has a record of the participant's activity on ATEON, and contains information such as the participant's staking rate in the ATEON ecosystem and the probability of acquiring ATEONCYCLE tokens (ATC) and ATEON tokens (ATN).
In ATEON, this NFT is called 'VELO' and has the following metadata.
| Level | There are five grades: C,B,A,S,SS |
| Rareness | There are five tiers of rarity: Common, Uncommon, Rare, Epic, and Legendary. |
| Durability | Each Velo consumes endurance for a certain amount of activity. Once it reaches zero, you can no longer earn rewards. |
| Type | Each Velo has the following types: Riding, Community, Event, and Kids. |
| Unique Image | Participants can enter an image when minting an extended Velo. The input images will be converted by an AI image generator owned by ATEON. Participants can choose their favorite from the converted images and assign them to the scaling Velo. |
| Mint Number | Minting Count |
When you create a new wallet, you'll get one free Velo of type Riding and one free regular Velo.
What are our major goals?
THE ROADMAP
Our market strategy will prioritise blockchain technology rollout to utilities based on their transformation. View our roadmap to see how exactly we are making that happen.
- Conceptual Design
- Blockchain technology research
- Establishing a foundation
- Establish an operating company
- Write a White Book
- Issuing ATEON (ATN) TOKENS
- Issuing ATEONCYCLE (ATC) TOKENS
- Validate Riding Activity Tracking
- Implementing and validate token on a testnet
- Community Design
- Designing and Implementating NFTs(Velo)
- Pilot DApp Construction
- Prepare for Exchange Listing
- Partnership and Alliance MOU
- Build Online Service Platform
- Alpha App Test
- Feedback and Pivoting
- List on Tier2 Level Overseas Exchange
- List on Japanese & Korean Exchange
- Enhance Service Platform
- 1st East-Asian ATEON Competition
- Expand Partnerships and Alliances
- Partnership with Shimano, Campagnolo
- Build Dedicated ATEON Service Post
- Collaboration with Japan Carbon Exchange (JCX) and Climate Leaders Partnership
- Participate in Academy Programs
- Expand Ecosystem Base to Academy
- Community Event
- Prepare for Carbon Credit Trading
- Link with Local Governments
- Link with Shared Bicycles
- Expand Dedicated ATEON Service Post
- Prepare for Overseas Tier 1 Level Exchange Listing
- Carbon Credit Negotiation
- 2nd East-Asian ATEON Competition
- Expand Service Platform
- Enhance NFT
- Carbon Credit Trading
- Upgrade ATEON service platform
- List on Tier 1 Level Overseas Exchange
- Enter Global Market
- Link with Finance such as Insurance
- 1st Global Competition
- Expand Global Community
- Expand services to motorcycles
- Collaborated with environmental organizations such as Greenpeace
FOUNDER & MEMBER
Okamura Takasi
Founder
▪President of RocWorks, Japan
▪Representative Director of SunShine, Japan
▪CEO of Royal, Japan
▪Specializing in the entertainment industry
Peter Seo
CEO & Business Leader
Ph.D., Department of Computer Science and Engineering / Electrical Engineering, Seoul National University
▪ Produced over 100 MMORPGs and other games on various platforms
▪ Founded and operated 4 game companies since 1992
▪ 30 years of experience in the game industry
▪ Specialist in cryptography and blockchain technology
David Cho
CTO
Ph.D. in Electrical Engineering, Seoul National University (specializing in artificial intelligence and 3D engines)
▪ 25 years of experience in the game industry
▪ Token and NFT design, NFT market and platform creation
Andrew Cho
COO
Bachelor of Arts, Yonsei University, Department of Living Design
▪ 25 years of e-business PM and platform service planning and operation
▪ Blockchain site and NFT market platform UI planning
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