### **Tinkernet Introduction:**

The InvArch Tinkernet is a Kusama Parachain that operates as a meta ownership & collaboration protocol featuring
leading-edge NFT primitives & versatile solutions for DAs. Tinkernet serves as a social tested & experimental staging
ground for developers & creatives, providing a live environment for builders. The core features of the InvArch Tinkernet
are its INV4 & OCIF protocols. INV4 features NFTs as DAOs with advanced multi-sig solutions & composable ownership
models as default features. The On-Chain Innovation Funding (OCIF) protocol allows creators to stake their NFTs to the
network for inflation-derived funding that is allocated by means of network token holders staking toward available NFTs
on the network as a voting proxy. Tinkernet seeks to empower builders by providing an innovative platform that allows
them to collaboratively build under a truly decentralized & trustless environment

## **Tinkernet on Basilisk:**

The InvArch Tinkernet seeks to open HRMP channels & utilize the Basilisk Parachain to establish liquidity & price
discovery for the $TNKR token. The InvArch Tinkernet will conduct the first Kusama-native liquidity bootstrapping pool
(LP) event using Basilisk through its Snek Swap application built on top of the network.
• LBP Pair: KSM/TNKR • LBP Duration: 3-days • LBP Launch: TBD (Estimated for late September/early October)
Following the conclusion of the $TNKR LBP event, the token will then be listed on Snek Swap as a tradeable asset.

## **Tinkernet Tokenomics:**

[An article covering the Tinkernet Tokenomics can be found here](https://invarch.medium.com/tinkernet-tokenomics-update-7107447a5c8c)

## **Token Distribution:**

![](https://i.ibb.co/Jpdkx0d/Screen-Shot-2022-09-21-at-9-51-52-PM.png)

## **Token Vesting:**

![](https://i.ibb.co/vdxP7wy/Vesting.jpg)

## **Additional Details:**

Please note that as of now no funds have actually been allocated towards any private or venture funds, meaning that there is no imminent pressure from VCs, at least not during any relevant period.

Also, please note that out of the 35% of the initial $TNKR supply allocated towards crowdloan rewards & reserves, only 1350618.153 $TNKR, or approximately 11.54%, of the total supply, was actually allocated through our crowdloan.

[InvArch Website](https://invarch.network/) | [Tinkernet Website](https://invarch.network/tinkernet) | [GitHub](https://github.com/InvArch)

- Tinkernet is a platform for developers and creatives to collaborate and build using NFTs.
- It has features like NFTs as DAOs and funding for creators through staking NFTs.
- Tinkernet will use the Basilisk Parachain for liquidity and price discovery for its token.
- The token distribution and vesting details are shown in the images provided.
- No funds have been allocated to private or venture funds yet.

#957 Request for Basilisk to open HRMP channels with Tinkernet