Terms and Definitions

Obvents

mean a Contributor’s[i] income designated in Bitbons[i], which is based on the Projectbon[i] amount that the Contributor has in accordance with the terms and conditions of the Projectbon Public Contract[i] of a specific project.

The concept “Obvents” originates from Latin “obventio” — income. This term means accrual of income designated in Bitbons by Contributors based on their share in a specific project and in accordance with the terms and conditions of the Projectbon Public Contract.

The procedure for distributing Obvents basically corresponds to the Obventing[i] process.