TOKEN DISTRIBUTION
The total token supply is capped at 1,000,000,000 tokens.
Last updated
The total token supply is capped at 1,000,000,000 tokens.
Last updated
DISTRIBUTION
75% of the coin is being distributed directly towards market participants and DeFi users, allocated towards Initial Liquidity Distribution, on Raydium and Orca, alongside other platforms. Any rewards earned via this distribution will be returned to the Reserve Funding.
5% of the coin is being distributed amongst current as well as upcoming NFT Projects, representing more than 7,000 individual NFTs. These are spread between high, middle and low cap collections, to prevent the potential accrual of all tokens towards owners of expensive NFTs.
5% is allocated to the founders, team members and early contributors who helped launch, and will continue to advance QORGIS forward. There are 15 individuals included in this allocation, each of whom has provided early support in the form of artwork, token design, marketing, integrations, web development, business development, and provision of early liquidity. Each individual remains dedicated to driving QORGIS' long-term success, and this will be reflected with a 3-year linear token vesting period beginning from June 5th, 2024.
7% will go towards a Reserve Funding to be used for initiatives conceived by the wider QORGIS community. A Realms Instance will be established that will then control further Distribution and allocation of QORGIS for these initiatives. Program authority over the Token will be delegated to the Realms Instance and guided by token holders going forward.
4% will be used for marketing promotions with teams like AssetDash and CryptoCentral, and further giveaways and incentives for the promotion of QORGIS.
4% will be donated to animal support nonprofits, The Grey Muzzle Organization(GMO), Deutscher Tierschutzbund (DT), Animals' Angels(AA) & Friends of Animals (FoA) in recognition for their dedication to helping our animal friends. The donation will be over a period of five years.
Additionally, QORGIS will implement a BuyBack system to stabilize the currency whenever necessary, ensuring a healthy ecosystem for all participants.
