Terms and Definitions in the Bitbon System

Obvents

Obvents are a Contributor’s benefit[i] expressed in Bitbons[i], which is based on the number of Projectbon[i] accounting units that the Contributor[i] has under the terms and conditions of the Projectbon Protocol[i] of a specific business project.

The concept “Obvents” originates from Latin “obventio” – income. This term indicates the Contributors’ benefit expressed in Bitbons based on their share in a specific project under the terms and conditions of the Projectbon Protocol. The distribution of Obvents is called Obventing[i].