Tokenomics
INITIAL SUPPLY 12'900'000'000 GRIDZ
Last updated
INITIAL SUPPLY 12'900'000'000 GRIDZ
Last updated
ArtGRIDZ: Private Sale (300.000.000$GRIDZ) The Private Sale offers an exclusive opportunity for early supporters and the first 1000 addresses actively participating in testing Decentraplace by coloring a pixel on the testnet canvas. This select group qualifies for a 50% discount on GRIDZ tokens during the Private Sale, with funds collected allocated to boost engagement in our public Presale.
Presale (2.440.000.000$GRIDZ) During the Public Sale, 95% of the collected ETH will strategically enhance liquidity on Uniswap through the auto-listing feature from Pinksale, improving the accessibility and trading experience of GRIDZ tokens from day 1. The remaining 5% supports our dedicated team members whose commitment and expertise drive the ArtGRIDZ project forward.
Liquidity Pool (2.090.000.000$GRIDZ) Tokens allocated to the liquidity pool provide liquidity for trading GRIDZ tokens. The pool is funded by the ETH collected in the public Presale. Listing Price: 0.000000032587 ETH per GRIDZ The GRIDZ tokens in the LP will be locked for 9999 days.
Decentraplace Team (1.500.000.000$GRIDZ) Decentraplace Team Funds support Core Team, Development, and Marketing Costs. Allocations for the team and advisors incentivize and reward core team members and advisors. Development and Operations allocations cover the costs of building and maintaining the Decentraplace platform. Vesting: 10% (150,000,000 GRIDZ) at launch followed by a release of 0.5% (7,500,000 GRIDZ) every 60 days.
Testing Airdrop(110.000.000$GRIDZ) Tokens Reserved for active participants of the ArtGridz launch phase. Actively accumulating XP points by testing features, especially after receiving the initial tokens from mining and inviting new users will help you to reach the highest score. All participants of the initial mining-cycle will be eligible to compete for this exclusive reward.
OG Testers (570.000.000 $GRIDZ) The trailblazers among our early adopters will forever hold a special place in our team's heart, and their pioneering spirit will be generously acknowledged and rewarded. We extend our heartfelt congratulations to everybody who used our project on the Testnet when it was known as Decentr/Place with the ticker PLACE. We created 6 Test NFTs and the more you collected the bigger your reward will be.
Community Rewards and Airdrops (1.200.000.000$GRIDZ) Tokens for community rewards and airdrops incentivize and engage the Decentraplace community. Half are time-locked for 99 months and distributed at our 100th monthly drop. A quarter is distributed at launch, and the last quarter 1 month post-launch for our Pioneer Airdrop. [Testing Airdrop A, Pioneer,Loyalty, Collector]
Locked Staking Limited Rewards (1.070.000.000$GRIDZ) Tokens are distributed as rewards to users participating in locked staking. These rewards encourage long-term holding and commitment to the platform. Tokens are distributed by the staking smart contract and deposited before initiating our Presale on Pinksale.
Flexible Staking Limited Rewards (620.000.000$GRIDZ) Tokens for flexible staking rewards are distributed to users who participate in flexible staking. These rewards provide additional incentives for users preferring flexibility. Tokens are distributed by the staking smart contract and deposited before initiating our Presale.
$GRIDZ mining(3.000.000.000 $GRIDZ) The mining feature lets users claim free $GRIDZ tokens in a special event that happens once every 2 years. A 40x40 Canvas allows 1600 users to share 1,5 billion $GRIDZ Tokens in the first mining event, which equals 937.500$GRIDZ per claimed pixel. Every next mining event will only distribute half the amount of $GRIDZ as the prior event, meaning that the second one only distributes 750 million $GRIDZ & 468.000$GRIDZ per claimed pixel, the third only 375 million $GRIDZ & 234.000$GRIDZ per pixel and so on...