Tokenomics
When creating a tokenomic structure, Multitude was careful to avoid common pitfalls and ensure a fair distribution of tokens with transparent vesting schedules.
Total token supply: 1,000,000,000
Token allocation:
Community Airdrop & Multitude DAO Foundation: 51%
Team: 14%
Investors & Advisors: 10%
Platform Development Fund: 10%
Reserves: 10%
Marketing & PR: 5%
We are also committed to encouraging long-term commitment and reduce the risk of market manipulation or sudden sell-offs by ensuring that all team, investors, and project affiliates are subject to vesting periods.
Team: 1.4% at launch, with the remainder gradually released over a period of 4 years, at quarterly intervals.
Investors & Advisors: 2% at launch, with the remainder gradually released over a period of 4 years, at quarterly intervals.
Platform Development Fund: gradual release schedule, with funds earmarked for specific purposes like platform development or hiring.
Multitude
Token burning mechanism: To maintain stability and support the token's value, introduce a token burning mechanism where a portion of the tokens collected as fees or from other activities are periodically burned, reducing the overall token supply.
Transparency: Maintain a high level of transparency by regularly updating the community on token allocation, vesting schedules, and the use of funds. This can help build trust and credibility, attracting more users and investors to Multitude.
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