BEP 20
Blockchain
BSC
Token type
Utility
Total Token Supply
2,000,000,000
Token Allocation Schedule in detail
Strategic Partner
60,000,000
3%
-
0
0%
6
12
8.33%
Seed Round
100,000,000
5%
12,000,000
12%
6
20
4.40%
Private Round
200,000,000
10%
48,000,000
20%
0
10
8%
Public Round
120,000,000
6%
$0.022
18,000,000
15%
6
10
8.50%
Development Team
320,000,000
16%
-
0
0%
6
40
2.50%
Marketing
200,000,000
10%
-
0
0%
0
50
2.00%
User Incentives
500,000,000
25%
-
0
0%
0
50
2.00%
Liquidity
140,000,000
7%
-
28,000,000
20%
1
10
8.00%
Reserve
300,000,000
15%
-
0
0%
2
40
2.50%
Advisors
60,000,000
3%
-
0
0%
12
10
10.00%
Total Supply
2,000,000,000
Vesting Scheme:
Strategic Partner (3%): the portion will be allocated for incentives to partners during project development.
Seed Round (5%): sale to partners, investment funds. It will release 12% at the TGE. The cliff period is 6 months & the monthly unlock rate is 4.4%. The seed round has a lower rate than the Private Sale with the condition of long-term companionship with the project.
Private Round (10%): sale to partners, investment funds. It will release 20% at the TGE & the monthly unlock rate is 8%. The private sale round has a lower rate than the Public Sale with the condition of long-term companionship with the project.
Public Round (6%): open for sale on IDO platforms with 6% (Pre IDO & IDO) of the supply of the total token. The sale is to provide tokens to perform interactive activities & buy/sell lands, the non-fungible parcels (NFT) in which the virtual world is divided in the Simeta ecosystem.
Development Team (16%): tokens will be allocated as an incentive to project founders, employees, freelancers. The token has a vesting period of 40 months. Tokens will be allocated after the project is run for 6 months with a monthly unlock rate is 2.5%. The token allocation time lock is intended to create focus on project development before the team receives rewards.
Marketing (10%): The portion will be allocated as a reward for community activities. In addition, there will be rewards for content creators and developers who have actively contributed to the Simeta ecosystem. Contest rewards will be opened to promote the team’s interaction with the community periodically.
User incentives (25%): Rewards will be spent as rewards for daily shoppers. Simeta has token inflation reduction mechanisms (sink and faucet, lending, mystery capsule, etc). In which the number of releases will increase by the number of active users per year, the release will be completed in 5 years. The system will check on the returned data to always ensure that the token distribution is reasonable.
Liquidity (7%): is allocated for the purpose of creating liquidity for $SMT tokens quickly.
Reserve Fund (15%): The reserve fund will be created to minimize the risks when the crypto market fluctuates or unexpected incidents occur. Funds will be used to create a balance of the Simeta ecosystem to make us adapt better to the growth of our ecosystem and expand sustainably.
Advisory (3%): the portion will be allocated for incentives to the Advisory partner.
Token Release Schedule in detail
Usage of funds raised by private sales
Last updated