Token allocation
Token Allocation Breakdown
The total supply of 100 million tokens is allocated as follows:
Founding Team (20%): 20 million tokens are allocated to the founding team, recognizing their pivotal role in conceptualizing, developing, and maintaining the platform. This allocation is designed to align the long-term interests of the team with the success and sustainability of the platform. Typically, these tokens are subject to a vesting period to ensure the team remains committed to the platform's growth over time.
Investors (10%): 10 million tokens are reserved for early investors who provide the essential capital required to develop and scale the platform. This allocation offers investors a stake in the platform's governance and a share in its potential success, ensuring their interests are aligned with the platform's long-term vision.
Reserved Tokens (20%): Another 20 million tokens are set aside as a reserve. This reserve can be used for various purposes, such as future funding rounds, strategic partnerships, community initiatives, or other unforeseen needs that may arise as the platform evolves.
Community Distribution (50%): The remaining 50 million tokens, constituting 50% of the total supply, are earmarked for distribution to the community. This significant allocation is intended to incentivise market builders, users, and other contributors who actively participate in and contribute to the ecosystem. This distribution strategy is designed to foster a vibrant and engaged community, driving the platform's growth and success.
Governance and Incentives
The governance tokens empower holders with voting rights, allowing them to participate in key decisions that shape the platform's future, such as protocol upgrades, fee adjustments, and the introduction of new features. This ensures that the platform remains responsive to the needs and interests of its user base.
Incentive mechanisms, such as rewards for market creation, participation, and potentially staking, ensure active engagement and contribution from the community. These incentives not only reward current users but also attract new participants to the platform, enhancing its diversity and vibrancy.
Economic Sustainability
The token allocation strategy, coupled with a capped total supply, is carefully designed to balance the interests of all stakeholders, ensuring economic sustainability and long-term value creation. The reserved tokens provide a buffer that allows the platform to adapt to changing circumstances and seize new opportunities, ensuring its resilience and adaptability.
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