🪙$NGG Tokenomics Before Revision
The tokenomics of NIGGACOIN ($NGG) have been profoundly formulated to ensure sustainable growth and development. This structure is designed to balance the needs of the community, developers, and early contributors while making a meaningful impact on social justice and educational opportunities.
Pre-sale (TGE): 30% (266,666,666,666 $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% (222,222,222,222 $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% (133,333,333,333 $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% (133,333,333,333 $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% (88,888,888,888 $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% (35,555,555,555 $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% (8,888,888,888 $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.
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