Unit Cities Tokenomics

This is a guideline of CITY tokenomics which will apply across all City tokens launched in the ecosystem.

Ticker: $CITY
Total Supply: 100,000,000 $CITY
Sale Supply: 50,000,000 $CITY (50%) sold in rounds starting at $0.01, increasing to $0.50.
Bond Staking: 20,000,000 $CITY (20%)
Team: 20,000,000 $CITY (20%)
Sales Bonus: 10,000,000 $CITY (10%)
Validators / Nodes: To be confirmed (TBC)

CITY tokens are allocated in a structured manner for balanced distribution.

Emphasis is placed on supporting bond staking, the core team, operational needs, and potential validators/nodes.

Sale supply encourages broader accessibility and participation in the $CITY ecosystem.

CITY token's strength comes from being backed by cryptocurrencies like BTC, ETH, BNB, etc.
Buyers must use these cryptocurrencies to purchase the token, ensuring a diverse and strong support system.
To achieve this backing, 90% of all cryptocurrencies raised through $CITY token sales are securely locked into the $CITY treasury.

CITY token combines strong fundamentals, offering a distinctive asset in the cryptocurrency realm.

Immediate, Transparent, and Real Value: Backed crypto provides immediate, transparent, and tangible value to the $CITY token, ensuring a strong market presence.
Redemption Option for Holders: $CITY token holders can redeem backed crypto at any time by burning their tokens, offering a user-friendly redemption process.
Index of the Entire Crypto Economy: $CITY acts as an index representing the entire crypto economy, reflecting the broader crypto landscape.
Value Growth Mechanism: $CITY token grows in value continuously by receiving 0.5% of every exchange on the $CITY Network, ensuring its value appreciation.

Total allocation: 20,000,000 $CITY tokens are set aside as rewards for participants in the Bond Staking pool.
Incentive: Users are encouraged to lock their $CITY tokens by receiving rewards in the form of $CITY tokens.
Distribution: Over 10 years, 10,000,000 $CITY tokens are distributed annually.
Long-term commitment: The program spans a decade, offering a sustained incentive for participants.
Halving mechanism: After the initial 10 years, yearly halving reduces rewards until the supply is exhausted, ensuring a controlled distribution.
Opportunity: Users can earn rewards while contributing to the stability and growth of the $CITY ecosystem.
Strategic distribution: The extended duration and halving mechanism ensure a measured distribution of $CITY tokens.

Allocation: 200 core team members receive 1,000,000 $CITY tokens each, totaling 200,000,000 $CITY.
Cliff Period: Tokens are inaccessible for 3 years to establish a vested period before team members can access them.
Vesting Period: After the cliff period, tokens are gradually released over 5 years, starting from the signing of the Cooperation Agreement.
Purpose: This distribution ensures that core team members are aligned with the long-term success of the $CITY ecosystem. The vesting period encourages dedication and commitment by linking token accessibility to continued contributions and success over time.

Allocation: 100,000,000 $CITY tokens for operational bonuses.
Distribution: Team members and Advisors receive bonuses based on their referrals' $CITY purchases from sale rounds.
Team Operational Bonuses: Team members receive 20% of the USD sale value in $CITY as an operational bonus.
Advisor Operational Bonuses: Advisors receive 10% of the sale value in $CITY as an operational bonus.
Incentive: This structure encourages both Team members and Advisors to promote $CITY sales actively.
Tie to Success: Bonuses are directly linked to the success of referrals in purchasing $CITY during sale rounds, promoting collaboration for the growth and success of the $CITY ecosystem.

Last updated 1 year ago