ALL THE DETAILS ABOUT TOKENOMICS OF FREE CITY

anitarossa (28)in #freecity • 3 years ago

Tokenomics is an essential topic to consider when making an investment choice because a business with sensible and well-designed incentives to acquire and keep tokens for the long term is more likely to outlast and outperform a project without a token ecosystem. A well-constructed platform frequently leads to increased demand over time as more investors rush to the enterprise, driving up prices.

Similarly, if a project wants to attract investment and be successful, its founding members and developers must carefully evaluate the tokenomics of its native coin when releasing it.

With a total supply of 10,000,000,000, the tokens will be distributed.

Airdropped NFT Sale: In the cryptocurrency world, an airdrop is a marketing campaign in which money or tokens are sent to wallet addresses to raise awareness of a new virtual currency. Minor quantities of the new virtual currency are delivered for free or in exchange for a small service, such as retweeting a message issued by the firm creating the money, to the wallets of members currently of the blockchain community.

1.00%

Crowdfunding: The utilisation of modest sums of funds from many people to support a new business initiative is crowdfunding. Crowdfunding uses social media and crowdfunding platforms to connect investors and entrepreneurs, with the potential to encourage entrepreneurship by broadening the pool of investors beyond the typical circle of owners, families, and venture capitalists.

15.00%

Ramp Up: A ramp-up refers to a considerable rise in a company's product or service output. In most cases, a ramp-up happens in anticipation of an impending rise in demand. A ramp-up can be conducted by huge organisations rolling out new products or expanding into new countries, while it is more common in smaller enterprises at an early stage of growth.

8.00%

Public Sale: The offer made to the public that any independent body or person can buy is termed a public sale.

5.00%

Community Reserve: Amount is deliberately kept aside to help the organisation work and introduce new products in the future.

20.00%

Development & Marketing: Market development is a business strategy in which a company tries to identify new groups of purchasers who could be interested in its current products and services. In other words, market development is to grow into previously unexplored markets. These prospective customers may already be served by rivals or may not be targeted by anybody for the product.

10.00%

Ecosystem Treasury & Liquidity- Businesses in and out of the financial services business must maximise their resources while adhering to financial and regulatory requirements. It entails streamlining their financial flows, recovering stranded liquidity and capital across numerous locations, and maintaining compliance with applicable industry standards. Ideally, every organisation's Capital Management, Liquidity, and Treasury Risk services draw on their extensive regulatory experience to help users complete complex projects involving the assessment, design, and application of capital, liquidity, and treasury risk governance, processes, models, data, technology, and reporting

25%

Founding Team

13.00%

Advisors & Event Partners

3.00%

The above bifurcation and defining the different terms are done to guide every user of FREE CITY about the transparency offered by the organisation. The details have been disclosed and are official stats provided by the team; these are highlighted over the official website, and one can quickly check them out. To understand it in a better way, you can even look at the company's white paper and enjoy the transparency offered by the organisation to its users.

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Learn more about FreeCity

Website : https://free-city.io

Docs : https://info-170.gitbook.io/freecity/free-city-whitepaper

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