Tokenomics
Last updated
Last updated
The tokenomics of the $BOBA token are designed to ensure sustainable growth and development of the Boba Coin project. A total supply of 100 billion tokens is strategically allocated to support various aspects of the project's ecosystem, including presales, liquidity, exchange listings, marketing efforts, and team incentives. Here’s a detailed breakdown of the allocation:
Total Token Supply
Total Supply: 100 billion $BOBA tokens
Allocation Breakdown
1. Presale and Private Sale (40%):
Amount: 40 billion $BOBA tokens
Purpose: To raise initial funds from early investors and community members. This segment is crucial for kickstarting the project and covering early operational and development expenses.
Details: The funds raised through this allocation will be used to ensure that the project has the necessary capital to reach its initial milestones, including development and early community building.
2. Liquidity Pools (15%):
Amount: 15 billion $BOBA tokens
Purpose: To provide liquidity on decentralized exchanges (DEXs) and other trading platforms.
Details: This allocation is essential for facilitating smooth trading of $BOBA tokens, reducing slippage, and ensuring that market participants have sufficient liquidity for entering and exiting positions.
3. CEX Listings and Market Making (20%):
Amount: 20 billion $BOBA tokens
Purpose: To secure listings on centralized exchanges and support market making.
Details: These tokens will be used to establish $BOBA’s presence on major centralized exchanges, helping to increase the token’s accessibility and trading volume. This allocation will also support ongoing market-making efforts to maintain trading liquidity and price stability.
4. Marketing (15%):
Amount: 15 billion $BOBA tokens
Purpose: To fund comprehensive marketing campaigns.
Details: Marketing is vital for building awareness and driving adoption of $BOBA. This allocation funds various marketing strategies such as social media campaigns, partnerships, influencer collaborations, and community events to effectively reach and engage potential users.
5. Team and Advisors (10%):
Amount: 10 billion $BOBA tokens
Purpose: To compensate developers, advisors, and team members.
Details: This allocation is intended to incentivize the team and advisors who contribute to the long-term success of the project. It ensures that key personnel are motivated to continue their support and development of the Boba Coin project.
Vesting and Lockup Periods
Team and Advisors: Tokens allocated to the team and advisors are subject to a vesting period to align their interests with the long-term success of the project. Typically, these tokens are vested over a period of 2-6 months.
