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Overview of BitRegalo Tokenomics
1. Overview of Tokenomics
- Token Name: BitRegalo Token (BRT)
- Symbol: BRT
- Total Supply: 1,000,000,000 BRT
- Token Type: ERC-20 (Ethereum or compatible chain for high security)
- Decimals: 18 (standard for tokens)
2. Detailed Token Allocation
- Seed Round: Allocated to early investors with lower token prices to provide initial funding.
- Private Sale: For strategic partners and investors interested in mid-level entry with longer-term commitments.
- Public Sale: Open to general users through platforms like Seedify, allowing community members to participate.
- Team & Advisors: Reserved for core contributors, with a long vesting period to ensure commitment.
- Ecosystem & Partnerships: Used for building partnerships and integrations with other platforms or decentralized finance (DeFi) services.
- Community & Marketing: To reward community growth, engagement, and marketing efforts.
- Staking Rewards: Incentivizes users to hold and stake tokens for a return, supporting platform stability.
- Reserve & Liquidity: To provide liquidity in decentralized exchanges (DEXs) or other financial instruments.
3. Utility and Advantages of BRT
- Governance: Token holders can propose and vote on key platform decisions, like changes to transaction fees, feature additions, and major upgrades.
- Transaction Fees: BRT can be used to pay reduced transaction fees within the BitRegalo ecosystem, such as for escrow and RFP services.
- Escrow Services: BRT enables users to initiate escrow agreements, secure RFPs and RTSs, providing extra security to all parties.
- Staking: Token holders can stake BRT to earn a yield, which encourages long-term holding and platform loyalty.
- Incentives & Rewards: BRT rewards early adopters, contributors, or community members who bring value to the platform.
- Access to Premium Features: Certain advanced features, like social recovery, or access to high-value RFPs, may require BRT tokens.
- Discounts on Platform Services: Users can receive discounts on fees or priority access to services by using BRT.
4. Vesting and Release Schedule
- Vesting ensures controlled distribution, preventing market oversupply:
- Seed & Private Sales: Typically have an initial cliff, followed by monthly linear releases.
- Team & Advisors: Longer vesting schedules, like a 24-month cliff with a gradual release over four years.
- Community & Marketing: Gradual monthly release to support campaigns.
- Ecosystem & Partnerships: Released as partnerships are secured, or monthly over a set period.
5. Revenue Streams & Incentives
- Fee-Based Revenue: Transaction, RFP, and escrow services generate fees in BRT.
- Burn Mechanism: A portion of fees may be burned to reduce supply, increasing scarcity.
- Yield and Staking Rewards: Designed to encourage liquidity and platform stability.
- Rewards for Early Adopters: Incentivizes initial adoption through airdrops or other incentives.
6. Illustrative Tokenomics Table
Below is a table structured for an Excel sheet format, summarizing these elements:
| Category | Allocation % | Tokens | Vesting Details | Utility |
|---|---|---|---|---|
| Seed Round | 8% | 80,000,000 | 6-month cliff, 1-year monthly release | Early funding |
| Private Sale | 10% | 100,000,000 | 6-month cliff, 1-year monthly release | Strategic partners |
| Public Sale | 5% | 50,000,000 | 20% unlocked at TGE, then 4-months linear release | Broad community inclusion |
| Team & Advisors | 15% | 150,000,000 | 24-month cliff, 48-month monthly release | Ensures core commitment |
| Ecosystem & Partnerships | 25% | 250,000,000 | Linear over 2 years | Platform development & integrations |
| Community & Marketing | 10% | 100,000,000 | Linear over 3 years | Growth & brand loyalty |
| Staking Rewards | 17% | 170,000,000 | Released as earned | Token stability & community involvement |
| Reserve & Liquidity | 10% | 100,000,000 | Locked for 1 year, then released as needed | Market liquidity & support for DEX listings |
| Total Supply | 100% | 1,000,000,000 |