💡Abstract

Himalaya: Revolutionizing NFTs with Sustainability and Community.

Himalaya is a unique collection and token ecosystem that offers a range of benefits for holders of both the Himalaya NFTs and $HIMA tokens. The collection features 10,000 collectibles that can be purchased using $HIMA tokens, which are burned immediately upon purchase, effectively decreasing the token supply and increasing its worth. The token ecosystem has been designed with a dynamic mechanism that upscales the percentage of revenue share regarding the Community-Owned Marketplace: https://ForHolders.io, shared by Himalaya holders based on the number of $HIMA tokens held, ensuring a fair and equitable distribution of profits.

The tokenomics of the project include a total token supply of 66,666,666,666 $HIMA tokens, with a percentage of the collection available for minting using $HIMA tokens. The profits generated by For Holders marketplace, which is community-owned and run on a not-for-profit basis, are shared among holders of Himalaya NFTs based on a dynamic mechanism that adjusts the total profit share percentage to always add up to 100%.

The whitepaper outlines the technical details of the project, including the smart contract architecture and the dynamic mechanism that governs the profit-sharing system. It also includes a roadmap for the project, highlighting the milestones that have been achieved and those that are still to come. Himalaya offers a new and exciting model for community-owned NFT collections and token ecosystems, and we believe it has the potential to revolutionize the space.