TOKENOMICS
The tokenomics of $PLYR, designed for the PLYR CHAIN ecosystem, strategically allocate 750,000,000 tokens to ensure the platform's growth, sustainability, and community engagement. Here's a concise recap of the distribution:
Ecosystem Fund - 28% (210,000,000 $PLYR)
80% locked and vested - 20% at TGE
This substantial allocation is dedicated to fostering the growth and development of the PLYR ecosystem. It includes funding for new projects, partnerships, and initiatives that enhance the platform's value and utility.
Foundation (Team and Partners) - 14% (105,000,000 $PLYR)
90% locked and vested - 10% at TGE
Tokens reserved for the foundation are aimed at rewarding the core team and partners who have been instrumental in developing and supporting the PLYR platform. This ensures that those who contribute to the platform's success are adequately compensated.
Operational Fund - 10% (75,000,000 $PLYR)
90% locked and vested - 10% at TGE
The operational fund is allocated for the day-to-day expenses associated with running the PLYR platform. This includes marketing, legal, administrative costs, and other operational expenses.
Node Rewards - 16% (120,000,000 $PLYR)
100% locked and vested
This allocation is set aside to reward validators (node operators) for their role in securing the network and processing transactions. It incentivizes participation and ensures the network remains robust and efficient.
Advisors/Contributors - 4% (30,000,000 $PLYR)
100% at TGE
Advisors and contributors who offer strategic guidance and support to the PLYR project are rewarded with this allocation. It recognizes the importance of expert advice and contributions to the platform's growth.
Liquidity & Bug Bounty - 8% (60,000,000 $PLYR)
100% at TGE
Ensuring sufficient liquidity on exchanges and rewarding individuals who identify and report bugs or vulnerabilities in the system are critical for the platform's health. This allocation supports these objectives.
Staking - 5% (37,500,000 $PLYR)
100% locked and vested
Tokens in this category are allocated for staking rewards, encouraging users to lock up their tokens to receive rewards. Staking helps secure the network and provides token holders with an opportunity to earn additional $PLYR.
Community & Developer Endowment - 6% (45,000,000 $PLYR)
90% locked and vested - 10% at TGE
This fund is dedicated to supporting the community and developers who build on the PLYR platform. It can be used for grants, competitions, and other initiatives that drive engagement and innovation.
Seed Sale - 2.5% (18,750,000 $PLYR)
100% at TGE
Tokens sold during the seed sale phase to early investors and supporters of the project, providing initial funding for the platform's development.
Private Sale - 2.5% (18,750,000 $PLYR)
100% at TGE
Similar to the seed sale, these tokens are sold in a private sale to strategic investors who can offer significant value to the PLYR ecosystem beyond capital.
Airdrop - 4% (30,000,000 $PLYR)
80% locked and vested - 20% at TGE
A portion of tokens is allocated for airdrops to early adopters and community members. This is a marketing strategy to increase awareness and distribution of $PLYR tokens.
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