5. Tokenomics of UMB Token
Token Name:
UMB (Umbrella Token)
Total Token Supply:
100 Million UMB Tokens
5.1 Token Distribution
1st Round (Private/IDO Sale): 30% (30 Million UMB)
Value: $500,000
Details:
Tokens allocated for the initial funding round to raise capital.
Available for public and private sale at a predefined rate.
2nd Round Reserve: 10% (10 Million UMB)
Details:
Reserved for future funding rounds or strategic sales.
Ensures continued liquidity and growth opportunities in subsequent stages.
Team & Advisors: 15% (15 Million UMB)
Lock Period: 1-year lock.
Vesting: After the lock period, tokens will be gradually vested over the following 24 months.
Details:
Rewards core team members and advisors contributing to the project.
Promotes long-term alignment with project goals.
Development Team: 5% (5 Million UMB)
Lock Period: 1-year lock.
Details:
Allocated to the development team for ongoing improvements and innovations in the platform.
Ecosystem Growth: 20% (20 Million UMB)
Details:
Dedicated to expanding and enhancing the platform's ecosystem.
Includes rewards for users, partnerships, and community initiatives.
Marketing & Partnerships: 10% (10 Million UMB)
Details:
Tokens allocated for marketing campaigns, influencer collaborations, and strategic partnerships.
Aimed at driving user adoption and raising brand awareness.
Liquidity & Reserves: 10% (10 Million UMB)
Details:
Set aside to ensure liquidity on exchanges and for future operational needs.
Maintains token stability and availability in the market.
5.2 Token Release Schedule
1st Round (30%): Released immediately post-sale or according to vesting terms agreed with participants.
2nd Round (10%): Reserved for future rounds; release terms to be defined based on funding requirements.
Team & Advisors (15%): 1-year lock with vesting over 24 months after the lock period.
Development Team (5%): 1-year lock, followed by gradual release based on milestones.
Ecosystem (20%): Gradual release based on community engagement, platform usage, and rewards programs.
Marketing & Partnerships (10%): Released periodically based on campaign needs and strategic growth plans.
Liquidity & Reserves (10%): Released as needed to ensure smooth operations and liquidity on exchanges.
5.3 Fund Utilization Plan (Based on $500,000 Raised in 1st Round)
Development: 35%
Includes platform development, infrastructure costs, and implementation of core features.
Marketing & Partnerships: 20%
Budget for influencer campaigns, community outreach, and global user acquisition efforts.
Operational Costs: 10%
Salaries, administrative expenses, and day-to-day operations.
Liquidity: 25%
Ensures exchange liquidity and token availability.
Legal & Compliance: 10%
Compliance with local and international regulations, legal documentation, and audit expenses.
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