3. Token Economy
Last updated
Last updated
IDC Token will be native token of the DonBangSeok ecosystem, with the max supply cap of Two Billion Tokens.
Maximum Supply - Two Billion IDC Tokens (2,000,000,000)
Private Sale
5%
100,000,000
25% release every 6 months from the date of public sale.
Public Sale
5%
100,000,000
-
Liquidity Provision
10%
200,000,000
-
Staking Reward
10%
200,000,000
-
MPS POOL
20%
400,000,000
-
Foundation
10%
200,000,000
10% release every 6 months from the date of public sale for the first 2 years and 20% release every 6 months after that
Advisors
5%
100,000,000
10% release every 6 months from the date of public sale for the first 2 years and 20% release every 6 months after that
Team and Contributors
15%
300,000,000
Release of 1/60 th of given allocation per month, from the beginning of the Scholarship program. Subject to contribution.
ADchain Development
10%
200,000,000
20% of given allocation For First Year of development. Later would be decided by the Governance Model.
Marketing
10%
200,000,000
-
Total
100%
2,000,000,000
MPS POOL
MPS Pool is the core lever of DonBangSeok dApp. MPS Pool will be used to reward users for writing reviews about the Advertiser's product and services.
IDC Staking Reward:
People with a long-term interest in the DonBangSeok dApp can stake their IDC tokens through Staking Dashboard. By staking, a user will get IDC rewards.
Marketing:
Marketing budget will be used for various activities like promotion, airdrop, bug bounties etc.
Airdrops will be provided to Advertisers as promotions. The advertisers can utilize these tokens to set up events or missions on the DonBangSeok. And can also be used for Bug Bounty Programs as well as to facilitate early user adoption.
Liquidity Provision:
10% Liquidity Provisions would be made as per market demand.
ADChain Development:
Our future plans include developing a new Blockchain platform (ADChain); therefore, 10% of the total supply is reserved for that development. Please refer to the ADChain Blockchain for more details about ADChain.
We also facilitate minting of Non-Fungible Brand Tokens for advertisers. These Brand tokens are ERC-1155 tokens and are being minted by advertisers during creation of events. Quiz participants can win these Brand Tokens. Token holders can redeem these tokens at Brand stores. These tokens are minted by the advertisers depending on their budget and the kind of event they want to create.
