Fundation
We will establish a Token Holders Foundation with a clear mission: to serve the interests of all token holders.
Token distribution
Foundation will be allocated 50% of the total issued tokens.Of this allocation, 20% will be permanently locked and used to generate project revenue dividends, ensuring a stable income source for the foundation's operations. The remaining 30% will be gradually distributed to users through various ecosystem initiatives.
Dividend
All revenue generated from the platform ecosystem, including but not limited to, advertising fees, service charges, and project commissions, will be recorded as part of the platform's total income.We will begin distributing the first round of dividends once the daily circulating tokens exceed 2.5% of the total token supply. On the last day of each month, at 23:59:59 UTC, a snapshot of token holdings will be taken to record the data for dividend distribution. All accounts or addresses holding more than 1,000 tokens are eligible to participate in the dividend distribution.
Managing token's market value
Once the externally circulating tokens reach a certain threshold, the foundation will take an active role in managing the token's market value. By implementing strategic measures, such as liquidity support and market stabilization, the foundation aims to create a healthier and more sustainable token economy.
Furthermore, the Foundation is dedicated to advancing the decentralization of the project
We plan to implement a phased approach to achieve this goal
Centralized Phase
During this initial phase spanning from the project's inception until external circulating tokens exceed 50% of the total token supply. The foundation's primary responsibility is to support the platform's promotion and development. The Foundation will utilize the tokens it holds to assist the project in expanding its user base through various ecosystem distribution initiatives.
Semi-decentralized Phase
During this phase, the foundation will progressively adopt decentralized management functions, including proposal submissions, candidate selection, community voting, execution, evaluation, and rewards distribution.
Fully Decentralized Phase
At this stage, full control of the project has been handed over to the community, with the founding team except for core development members, integrating into the community as active participants. The Foundation will now shift its focus toward decentralizing the project's development process.