River will launch its public offering on October 29.

Original Source: River

River Project Updates and Core Mechanism Analysis

In traditional token issuance mechanisms, value is fixed at the design stage. Dynamic Airdrop Conversion changes all of this. In this mechanism, allocation does not end at the point of "Claim," but instead, "time" becomes the new variable.

River Pts holders can convert to $RIVER at any time within 180 days. Your choices, actions, and market responses together form a constantly changing value curve.

Over the past month, this mechanism has shown real results in the market:

· River Pts have increased by over +4300% on DEX

· $RIVER has risen 5 times, reaching a peak of $10

· More than 100,000 users have participated

· 1 million River Pts on the curve at day 38 is approximately equal to $41,000 (calculated at $RIVER = $10)

Dynamic Airdrop Conversion makes "time" a pricing dimension, and the project's subsequent progress continues this curve, allowing River's value to be defined collectively by all participants.

Continuing the Core Spirit of Dynamic Airdrop Conversion

If Dynamic Airdrop Conversion has redefined the way "Token Distribution" works, this pricing mechanism has redefined "Token Price Discovery." The market is no longer just a passive recipient of results, but through every bid and every participation, a continuous value curve is jointly formed. The future value of $RIVER will be determined by the actions of market participants.

Mechanism Explanation: Price Discovery and Allocation

The River Pts related mechanism adopts a Dutch auction, lasting 48 hours, with the price gradually decreasing until all quotas are subscribed (the quota will be announced when it goes live).

All participants subscribe to River Pts at the same final lowest auction price. All River Pts/refunds can be claimed immediately after the 48-hour auction ends.

Mechanism Details

· The auction lasts 48 hours, or ends when the quota is sold out.

· Participants can bid at any time, and the price will gradually decrease over time.

· In the end, everyone settles at the same lowest transaction price.

· If the bid is higher than the final price, the difference can be refunded after the auction ends.

Example

If a user purchases 100,000 River Pts at $1, and the final price is $0.5, the user can claim 100,000 River Pts and also receive a refund of $50,000 BNB after the auction ends.

The actual starting price and the total amount of River Pts available after launch will be announced when it opens.

Incentive Plan

The event is linked to the River4FUN Season 2 leaderboard system, and your X username is your referral code.

· Referral reward: 2–12% River Pts cashback,

· The higher the level (such as Legend level), the higher the percentage.

· Example: A Legend level referrer (12% reward rate) can receive corresponding rewards by inviting others.

All referral rewards will be recorded in the Season 3 leaderboard (S3 Leaderboard).

How to Participate (Brief)

· Connect your wallet and switch to BNB Chain (Binance Smart Chain)

· Check the current River Pts price and remaining quota

· Enter the amount of River Pts you want to purchase and pay with BNB

· Enter the referral code (X username)

· Confirm the transaction

How to Claim River Pts

1. When the auction ends or the total quota is sold out, users can claim River Pts and refunds.

2. All claiming functions will be available immediately after the 48-hour auction ends.

Fund Allocation

All sold River Pts come from the team's reserved quota. The total supply remains at 1 billion River Pts, with no additional issuance, corresponding to up to 30% of the River token quota.

The related funds will be used for:

· Supporting long-term ecosystem development (liquidity, protocol integration, developer incentives)

· For $RIVER buyback

· Establishing River DAO (Decentralized Autonomous Organization) to promote community governance

Summary

Dynamic Airdrop Conversion has redefined the way tokens are distributed, making time a variable in Tokenomics.

The River Pts mechanism makes "market behavior" the core of price formation, inviting every participant to jointly define the future price of $RIVER. The time-oriented approach continues into the next stage of the Tokenomics plan, allowing market participants to jointly determine the value of River.

This article is a submission and does not represent the views of BlockBeats.