🪙$NGG Tokenomics After Revision

NIGGA COIN ($NGG) Burning 90% of Its Supply

Hello NIGGA COIN ($NGG) Community!

We have some exciting news that will help our journey reach new heights! To grow the value of $NGG and build a sustainable, more robust ecosystem, we are embarking on a revolutionary 90% token burn and transformation. This game-changing move is designed to elevate $NGG’s competitiveness and value as we gear up for our much-anticipated listing.

After the burn, the total supply has been adjusted to 88,888,888,888 $NGG, with the proportions of each category remaining the same as before, but the total amount decreased. It is important to note that the overall tokenomics will remain the same, with the supply being adjusted while the token allocation percentage and vesting plan remain the same. This reinforces our unwavering commitment to the sustainable growth of the ecosystem, as we are not deviating from our commitments before the presale.

Why Are We Doing This?

Our team has made this critical decision after thorough consideration of several key factors. Here are the primary reasons behind our transformation:

Preparation for Major Exchange Listings

We are planning to list on top-tier exchanges, and in order to do so successfully, the $NGG Token needs to bear real value. By transforming, we can optimize this structure and secure better listing opportunities.

Ensuring Sufficient Liquidity

By burning 90% of the total supply, we will increase the scarcity of $NGG and strengthen its liquidity in the market. This will create a more stable and attractive environment for holders and buyers.

Providing Diverse Trading Options

This transformation will enable us to offer a wider range of trading options, making $NGG trading more dynamic and engaging for users once we are listed. This will enhance the overall trading experience.

Optimization of Listing Price Determination

Adjusting the supply will help us establish a more appropriate price range during our initial listings, benefiting both early buyers and exchanges.

The Vision Behind the Transformation

The NIGGA COIN team always prioritizes the interests of the $NGG community, and this transformation is a testament to that commitment. We are dedicated to the sustainable growth and development of $NGG. We deeply appreciate your continued support and trust as we prepare for our listing and future growth.

This change is just the beginning. $NGG is set to become even stronger, and we are excited to embark on this revolutionary journey with you.

Recent Developments

For the past two months, we have been diligently working on refining our tokenomics alongside our advisors, core team, and leading exchanges. We have also consulted with leading crypto tokenomics experts to ensure our approach is robust and beneficial for the community. A key point raised during these discussions was the excessive supply. To strengthen the ecosystem and offer $NGG the real value it deserves, we have decided to burn 90% of the total supply. This significant reduction will bring the following advantages

• Increased Scarcity: By reducing the total supply, $NGG tokens will become more scarce, inherently increasing their value.

• Enhanced Market Demand: Scarcity drives demand, which can lead to a higher market value for $NGG.

• Improved Price Stability: With a lower supply, price volatility can be reduced, creating a more stable investment environment.

• Greater Exchange Appeal: Major exchanges are more likely to list tokens with optimized supply structures, improving our listing prospects.

• Higher Liquidity: A leaner supply can lead to better liquidity, making it easier for investors to buy and sell $NGG tokens.

• Attractive Investment Opportunities: A reduced supply can make $NGG more appealing to institutional and retail investors alike.

• Strategic Partnerships: Enhanced token value and stability can attract more strategic partnerships, aiding in the project's growth.

• Robust Ecosystem Development: Increased token value will provide more resources for ongoing development and community incentives.

• Community Confidence: Demonstrating a strong commitment to token value can build greater trust and confidence within the $NGG community.

• Sustainable Growth: By aligning supply with market demand, we ensure a healthier and more sustainable growth trajectory for $NGG.

Revised Distribution

Total Supply: 88,888,888,88 $NGG

Pre-sale (TGE): 30% (26,666,666,666 $NGG)

The pre-sale allocation is aimed at securing initial funding and financing the early stages of the project. These funds will be utilized to develop core functionalities, establish key partnerships with industry players including Black Right Orgnaisations, and ensure a robust launch. Participants in the pre-sale will gain early access to $NGG tokens at a preferential rate, fostering a strong community foundation.

Liquidity Provision (DEX, CEX): 25% (22,222,222,222 $NGG)

A significant portion of the tokens will be allocated to provide liquidity on both decentralized exchanges (DEX) and centralized exchanges (CEX). This is crucial for facilitating smooth trading, minimizing price volatility, and ensuring that there is always enough liquidity for users to buy and sell $NGG tokens effortlessly. This allocation will be strategically distributed across various exchanges to enhance market depth and stability.

Community Incentives and Rewards: 15% (13,333,333,333 $NGG)

Aimed at encouraging active participation and rewarding loyal supporters, this allocation will be locked for 6 months, followed by a gradual release of 5% monthly. This fund will support various initiatives such as airdrops, staking rewards, and community events. These incentives are designed to foster a vibrant and engaged community, driving adoption and long-term success

Marketing, Partnerships, and Social Initiatives: 15% (13,333,333,333 $NGG)

To raise global awareness, expand strategic partnerships, and support social initiatives, this allocation will be locked for 6 months with a subsequent monthly release of 5%. The marketing fund will be utilized for comprehensive marketing campaigns, collaborations with prominent influencers, and engagement with top-tier marketing organizations.

Additionally, this allocation will support initiatives aimed at expanding educational opportunities for Black students by offering scholarships. These scholarships will aid in higher education and empower the next generation of leaders in the Black community. Extensive social awareness campaigns will be conducted to raise awareness about racial discrimination and promote social justice, fostering a deeper understanding of the issues faced by the Black community and encouraging active participation in combating racism and inequality. NIGGACOIN will also partner with Black rights organizations to support their development and initiatives, contributing to the broader movement for equality and justice.

Development and Foundation Operations: 10% (8,888,888,888 $NGG)

Supporting ongoing development and operational expenses, this allocation will be subject to a 6-month lock-up, followed by a 5% monthly release. These funds will cover software development of the NIGGACOIN Infrastructure, infrastructure improvements, and other essential operational costs to ensure the smooth functioning and continuous enhancement of the NIGGACOIN ecosystem.

Early Contributors and Team: 4% (3,555,555,555 $NGG)

Acknowledging the efforts and contributions of the early team members and contributors, this allocation will reward those who have played a pivotal role in the project's initial stages. This will help retain talent and incentivize the team to continue their hard work towards achieving the project's vision.

Emergency Fund: 1% (888,888,888 $NGG)

A small portion of the total supply will be reserved as an emergency fund to address unforeseen circumstances and ensure the project's stability and longevity. This fund will be managed prudently to safeguard against potential risks and provide a safety net for the project.