Tokenomics - 2 Tokens System
Tokenomics of the $TEKTON Token
$TEKTON features a total supply of 1,000,000,000 coins, designed to foster a thriving and balanced ecosystem. Here’s a breakdown of the token distribution and key tokenomics principles:
1. Token Distribution:
Team Allocation: 15% of the total supply (150,000,000 tokens) is reserved for the team's efforts in marketing, airdrops, and future development as well as team compensation. This allocation ensures that our team has the necessary resources to promote the project, engage the community, and continuously improve the ecosystem.
Liquidity and Early Investors: The remaining 85% of tokens (850,000,000 tokens) will be allocated for liquidity and distributed to early investors and launch buyers on the launchpad (gas.pump). This approach ensures a robust liquidity pool and widespread distribution among our initial supporters.
2. Liquidity and Security:
Liquidity Burned: To enhance the security and stability of our token, the liquidity is burned. This action prevents any potential manipulation of the market, fostering trust and long-term commitment from our community.
Mint Authority Revoked: In line with our commitment to a fair and transparent launch, the mint authority has been revoked. This measure ensures that no additional tokens can be created, providing assurance of a fixed supply and protecting the token's value.
3. Fair Launch:
Gas Pump Telegram Platform: Our project has been fair launched on the innovative Gas Pump Telegram platform, known for its decentralized and community-driven approach. This platform ensures a transparent and equitable distribution of tokens from the outset, allowing for organic growth and robust community engagement. The successful launch from this platform also ensures that the liquidity will be burnt and that the token ownership is revoked.
Tokenomics of the $SHARD token:
1. Token Distribution:
The token's total supply will be determined towards the end of Season 1, and it will give the chance to early investors, sponsors, Tektoniks players to be a part of, through the form of investing, buying Rave Shards or being at the top of the Leaderboard in Season 1, among others.
2. Token utility:
The $SHARD token's main utility will be in-game transactions, in-game features and activities, events, and more. The $SHARD token will be Airdropped to Season 1 players and it will be almost directly connected with the usage of Rave Shards and the owning of Rave Shards towards the end of Season 1, among the leaderboard position, the boosting % given by the playable NFTs and the boosters given by holding $TEKTON.
With different allocation percentages, both tokens will have a buy back and burn mechanism implemented. This way, both tokens will have long term sustainability on top of every other utility and use they have been assigned.
In summary, our Tektonik tokenomics are designed to create a sustainable and dynamic ecosystem, leveraging transparent practices and community-focused initiatives. With a fixed supply, secure liquidity, and a clear allocation for development and marketing, we are poised to drive forward the revival of the electronic dance movement in the digital age.
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