Tokenomics
We’re going to be covering the distribution plan and token economics of NOX, which is used as the platform token of AVATARA.
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AVATARA's Tokenomics
- Initial Token Total Supply: 1,000,000,000 NOX
- Initial Token Distribution Date: 2023. 01. 16
1. Ecosystem Distribution Schedule
- Allocation: 500,000,000 NOX
- Ecosystem token distribution will begin 3 months after the initial token distribution. Tokens will be distributed evenly over 80 months. (50% of the Total Supply)
2. Sale Distribution Schedule
- Tokens Sale (Private Round): 100,000,000 NOX
- 10% on the day of initial token distribution, remaining tokens will begin 4 months after the initial token distribution. Tokens will be distributed evenly over 20 months (10% of the Total Supply)
3. Team Token Distribution Schedule
- Allocation: 100,000,000 NOX
- Team token distribution will begin 18 months after the initial token distribution. Tokens will be distributed evenly over 30 months. (10% of the Total Supply)
4. Advisor Token Distribution Schedule
- Allocation: 20,000,000 NOX
- Advisor token distribution will begin 12 months after the initial token distribution. Tokens will be distributed evenly over 30 months. (2% of the Total Supply)
5. Partners Token Distribution Schedule
- Allocation: 80,000,000 NOX
- Partners token distribution will begin 6 months after the initial token distribution. Tokens will be distributed evenly quarterly over 58 months. (8% of the Total Supply)
6. Marketing Token Distribution Schedule
- Allocation: 150,000,000 NOX
- 7.5% on the day of initial token distribution, 2nd month 2.5%, 3rd month 1.5%, remaining tokens will begin 3 months after the latest token distribution. Tokens will be distributed evenly over 59 months. (15% of the Total Supply)
7. Reserve Token Distribution Schedule
- Allocation: 20,000,000 NOX
- Reserve token distribution will begin 24 months after the initial token distribution. All tokens will be distributed at the time.
8. Operation Token Distribution Schedule
- Allocation: 30,000,000 NOX
- Operation token distribution will begin 12 months after the initial token distribution. Tokens will be distributed evenly quarterly over 28 months. (3% of the Total Supply)
Last modified 1mo ago