Tokenomics
Last updated
Last updated
Token Name: MONNFTS Ticker: MON Blockchain: Binance Smart Chain Token Standard: BEP-20 Contract: 0x5E4f0f6FAC92E76E41a0d043DF565fe8fBFc1De3 Token type: Governance, Utility… Total Supply: 10,000,000,000 MON
Key Changes to Monnfts Tokenomics:
1% Airdrop: 100% Release at TGE
We want to express our gratitude to our community members who have supported us from day one. To show our appreciation, we’re introducing a 1% airdrop, with 100% of the tokens being released at Token Generation Event (TGE). This means that everyone who has been a part of our journey will receive a token share right from the start.
6% Seed Round: 10% Release at TGE, Unlock Within 10 Months
For our early supporters and investors, the 6% seed round allocation will see 10% of the tokens released at TGE, with the remaining 90% being gradually unlocked within the next 10 months. We believe this structure aligns the interests of our investors with the long-term success of Monnfts.
10% Exchange Liquidity Provision
Liquidity is vital for a thriving marketplace. We’re dedicating 10% of the tokens to ensure a robust and dynamic exchange liquidity provision to benefit all token holders.
14% Private Sale: Burn All Remaining Tokens in the Contract
In the interest of fairness and transparency, we have decided to burn all remaining tokens from the 14% private sale. This will eliminate any overhang and ensure that the token supply remains accountable.
33% Marketing: Release Schedule Over 3 Years Equivalently Every Month
To fuel the growth and awareness of Monnfts, we are allocating 33% of the tokens to a marketing fund. These tokens will be released on a schedule spread evenly over the course of 3 years. This ensures that our marketing efforts remain steady and impactful.
36% Burn: Unlock and Burn Quarterly Within 24 Months
To maintain a deflationary aspect to our tokenomics, 36% of the tokens will be unlocked and burned quarterly over a 24-month period. This will contribute to reducing the overall token supply, enhancing the scarcity and value of Monnfts.
At Monnfts, we believe in a community-first approach. Our revised tokenomics system is designed to reward our early supporters, maintain fairness and transparency, and provide a strong foundation for the future growth and development of our ecosystem.
We are immensely thankful for your continued support, and we look forward to building the future of NFTs and blockchain technology together. Stay tuned for more updates and exciting developments on our journey!
