AFINS Updated Tokenomics
AFINS Updated Tokenomics
2021 was a breakout year for altFINS in terms of users, revenue, and product features. We are expanding our team and have planned major platform enhancements and extensions that focus on pre-trade analysis.
Based on our discussions with Venture Capital (VC) funds, we are implementing changes to our tokenomics model. These changes will make $AFINS more attractive for all the parties involved, from community members to investors and users.
$AFINS Updated Tokenomics
The most important update to AFINS tokenomics is the extension of the vesting periods for token allocations. Private round investors will now get a higher vesting schedule for up to 24 months and the project team gets locked up for up to 36 months.
Summary:
Total Supply: 100,000,000
Token Price at IDO: $0,16
Initial Market Cap: $1,295,600
Token Allocations:
- Seed round: 2%
- Strategic round: 3%
- Public Round (IDO): 6.3%
- Ecosystem Growth: 10%
- Community Rewards: 12.8%
- Platform Development: 18%
- Exchange Liquidity: 3%
- Marketing: 20%
- Reserve: 5%
- Advisors: 2%
- Team: 18%
Vesting schedule:
- Seed round: 8% unlock at TGE, 3 months lock + 24 months linear vesting (monthly)
- Strategic round: 10% unlock at TGE, 3 months lock + 24 months linear vesting (monthly)
- Public Round (IDO): 25% unlock at TGE, 6 months linear vesting (monthly)
- Ecosystem Growth: 10% unlock at TGE, 6 months lock + 24 months linear vesting (monthly)
- Community Rewards: 10% unlock at TGE, 6 months lock + 24 months linear vesting (monthly)
- Platform Development: 10% unlock at TGE, 6 months lock + 24 months linear vesting (monthly)
- Exchange Liquidity: 50% unlocked at TGE
- <Marketing: 6 months lock + 24 months linear vesting (monthly)
- Reserve: 6 months lock + 24 months linear vesting (monthly)
- Advisors: 1 year lock + 24 months linear vesting (monthly)
- Team: 1 year lock + 24 months linear vesting (monthly)
$AFINS Token and Usecases
As the utility token of the altFINS platform, $AFINS serves as an incentive for the adoption and usage of our services. Our users will soon be rewarded with $AFINS while leveraging our technical analysis and on-chain data to make better and more profitable trades.
The $AFINS reward program stimulates the growth of our community and ecosystem, adding multiple use cases to our token.
$AFINS offer discounts and allow for the purchase of all altFINS platform subscription services and other 3rd party content. Priority access to new platform features, such as proprietary research reports, is also given to our token holders.
Community members who contribute to our platform by creating custom filters, watchlists, or insightful coin analyses will be rewarded with $AFINS. Other ways to earn $AFINS include our affiliate program, performing trades on exchanges connected to altFINS, and exploring the platform and its services for the first time.
See more details:
AFINS Landing Page: https://altfins.com/afins/
Whitepaper: https://altfins.com/files/AFINS_whitepaper.pdf
Presentation: altfins.com/files/AFINS_presentation.pdf
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Written byRichard Fetyko