Tokenomics
Token Distribution Strategy
Purpose: Reward the team for their long-term commitment and continued project development.
Vesting Period: Over 4 years with a 1-year cliff to ensure commitment.
Purpose: Secure funding for initial development and scaling efforts.
Terms: Tokens sold at a discount with a vesting period to mitigate early sell-offs impacting token price stability.
Purpose: Enhance token liquidity and engage the broader crypto community.
Method: Conduct a public sale or ICO, adhering to regulatory standards.
Purpose: Build and maintain a robust user community.
Method: Distribute tokens through airdrops to subscribers and as ongoing bonuses within the app for user engagement activities.
Purpose: Leverage external expertise and forge strategic partnerships.
Terms: Tokens vest over time to ensure advisors and partners are aligned with the project’s long-term success.
Purpose: Fund future expansions, unforeseen expenses, or new opportunities.
Control: Managed by the project’s governance, with tokens released as needed.
Purpose: Promote the platform and increase token circulation.
Method: Engage the community in promotional activities and tasks that help improve and spread the platform.
Purpose: Reward mobile app users with free token distribution to encourage ongoing engagement and loyalty.
Purpose: Enhance token value by reducing the total supply over time.
Method: Tokens will be burned on the 1st of each month, every second, for 10 years. This consistent reduction in supply will help increase the scarcity and value of the remaining tokens. The process started on January 1, 2024.
Transparency: For full transparency, the token burning process can be tracked through our burn wallet: Burn Wallet Address.