Token Distribution
The token distribution of Membership NFTs in the Cryptarctic ecosystem is carefully designed to ensure a fair and balanced allocation of tokens among different stakeholders, while also fostering community engagement and long-term growth. The initial distribution of Membership NFTs comprises 66,666 tokens across three different categories: 11,111 Diplomat tokens, 22,222 Citizen tokens, and 33,333 Resident tokens. These tokens will be allocated through private sale, whitelist sale, public sale, team allocation, and partnerships. The token supply is expected to increase following the pills drop. While it is not possible to predict the exact number of tokens after the pills drop and mating platform, it is estimated that the total could reach around 75,000. However, the exact number will be determined by market dynamics. Here's a detailed breakdown of the Membership NFT token distribution:
Private Sale (10%): A total of 10% of the Membership NFTs will be allocated for the private sale. This sale is typically aimed at early investors, strategic partners, and select individuals who express interest in supporting the project during its initial stages. The private sale offers these tokens at a lower price than the subsequent whitelist and public sales, providing early supporters with an opportunity to acquire Membership NFTs at a discounted rate. The Membership NFTs will be allocated for the private sale will includes 1,111 Diplomat Tokens, 2,222 Citizen Tokens, and 3,333 Resident Tokens.
Whitelist Sale (25%): 25% of the Membership NFTs will be reserved for the whitelist sale, which is open to a broader group of users who have expressed interest in the project and signed up to participate in the sale. The whitelist sale aims to ensure a fair distribution of tokens among early adopters and supporters, while also providing them with a discounted price compared to the public sale. The whitelist sale will include 2,778 Diplomat Tokens, 5,556 Citizen Tokens, and 8,333 Resident Tokens.
Public Sale (57%): The public sale accounts for the largest portion of the Membership NFT distribution, with 57% of the tokens being made available for purchase by the general public. This sale is open to anyone interested in acquiring Membership NFTs and participating in the Cryptarctic ecosystem, ensuring a wide distribution of tokens and fostering community engagement. This sale will include 6,333 Diplomat Tokens, 12,667 Citizen Tokens, and 19,000 Resident Tokens.
Team Allocation (5%): A total of 5% of the Membership NFTs will be allocated to the team behind the Cryptarctic project. This allocation serves to incentivize the team for their efforts in developing and maintaining the platform and rewards their dedication and hard work. The team tokens may be subject to a vesting schedule to ensure long-term commitment and alignment with the project's goals. This allocation consists of 556 Diplomat Tokens, 1,111 Citizen Tokens, and 1,667 Resident Tokens.
Partnerships (3%): The remaining 3% of the Membership NFTs will be reserved for strategic partnerships, collaborations, and other relationships that contribute to the growth and success of the Cryptarctic ecosystem. These tokens can be used to incentivize and reward partners for their support and collaboration, helping to expand the reach of the project and foster a vibrant, interconnected community. This allocation includes 333 Diplomat Tokens, 667 Citizen Tokens, and 1,000 Resident Tokens.
The token distribution of Membership NFTs in the Cryptarctic ecosystem is designed to ensure a wide and fair allocation of tokens among various stakeholders while also supporting the project's growth, development, and long-term success. The token supply for each category—Diplomat, Citizen, and Resident—reflects the different levels of access and benefits within the Cryptarctic ecosystem, allowing for diverse participation and engagement.
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