Tokenomics Explained
Tokenomics, or the economic model behind a token, plays a pivotal role in determining its utility, demand, and value proposition within its ecosystem.
Last updated
Tokenomics, or the economic model behind a token, plays a pivotal role in determining its utility, demand, and value proposition within its ecosystem.
Last updated
The 5SKY token has been structured with a clear allocation strategy to ensure sustainable growth and value distribution. Here's a detailed breakdown:
Public Sale (25%): A quarter of the total token supply, or 25%, is designated for public sale. This allocation invites a wide range of investors and enthusiasts to engage and procure the token. Importantly, the distribution for the public sale is structured in a staggered manner, ensuring a gradual and measured release to the market.
Airdrop (5%): 5% of the tokens are reserved for airdrops. Airdrops are typically used as promotional tools or rewards, allowing users to receive tokens for free, often in exchange for certain tasks or as part of a loyalty program.
Development (15%): 15% of the tokens are earmarked for development. This allocation ensures that there are sufficient funds to support the continuous improvement, scaling, and enhancement of the platform and its associated projects.
Reserve (5%): A reserve fund is created with 5% of the tokens. This reserve acts as a safety net, ensuring liquidity and supporting the token's stability in various market conditions. These reserved tokens are securely held in the contract at address [0xad9...df74f].
Partners (15%): Partnerships are crucial for the growth and expansion of any project. 15% of the tokens are set aside for partners, ensuring collaborations, integrations, and synergies that can drive the project forward.
Team & Marketing (35%): The largest allocation, 35%, goes to the team and marketing. This ensures that the team is incentivized to work towards the project's success. Additionally, a significant portion is used for marketing, promoting the token, and ensuring its visibility in the crowded crypto space.
Furthermore, it's important to note that 70% of the tokens are transferred to a specific contract at address [...], where they are securely locked. The release of these tokens is contingent upon the sale of NFTs under contract number [...]. The conditions are:
This structured release based on NFT sales ensures that the token supply in circulation is directly correlated with the project's milestones and achievements, fostering trust and alignment between the project and its community.
10,000
5%
100,000
10%
1,000,000
20%
2,500,000
15%
5,000,000
30%
10,000,000
20%