Tokenomics
Overview of ETW Token in Equather Worlds
ETW is the native utility token integral to the Equather Worlds metaverse, with a total issuance of 100,000,000,000 tokens. Built on a decentralized blockchain framework, ETW ensures a transparent and secure environment for all transactions and activities within the ecosystem.
Functionalities and Utilities of ETW Token
The ETW token is multifaceted, serving several key roles within the Equather Worlds platform:
Access to Exclusive Content: ETW tokens unlock premium content in Equather Worlds, including unique virtual items, experiences, and exclusive areas within the metaverse.
Decentralized Governance Participation: Holding ETW tokens grants users a voice in the governance of Equather Worlds. They can vote on proposals, platform upgrades, and changes, embodying a community-centric governance model.
Staking and Incentives: ETW tokens can be staked by users to earn rewards. This includes participation in staking rewards programs and liquidity mining, fostering a robust and active user base.
Marketplace Currency: ETW tokens facilitate transactions within the Equather Worlds marketplace, acting as the currency for trading virtual assets, collectibles, and services.
Token Allocation Strategy
The distribution of ETW tokens is strategically planned to support various facets of the Equather Worlds ecosystem:
Community Development (40%): A 40% allocation to nurture and grow the Equather Worlds community. Initial 4% unlocked at Token Generation Event (TGE), followed by a 4-year release period.
Team and Founders (20%): Reserved for the core team and founders, ensuring long-term commitment and development. This portion undergoes a 1-year lock-up, followed by a gradual release over 4 years.
Ecosystem Development (25%): Dedicated to the broader development and expansion of the Equather Worlds ecosystem. 3% becomes available at TGE, with the remainder spread over 1 year.
Investors (10%): To honor the contributions of early backers, with a structured release post a 1-year lock-up period, extending over 2 years.
Initial DEX Offering (IDO) (5%): Fully unlocked at TGE, providing immediate liquidity and access for new participants.
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