Our token: XKO
6. XKO Token Allocation
To maintain the integrity, stability, and longevity of the XKO ecosystem, a meticulous token allocation strategy has been put in place. This strategy governs how the tokens are distributed among various stakeholders and under what conditions they are vested. Below is a detailed overview.
Burned: 50%
Shaaare has burned 50% of its XKO token supply to enhance investor trust. This strategic move aims to demonstrate commitment to a sustainable ecosystem, create scarcity, and boost confidence in the company's long-term value.
DEX & CEX Liquidity: 23%
We're allocating 23% of the total XKO token supply to enhance liquidity on both Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). This strategic move aims to provide seamless trading experiences for our users, ensuring accessibility and efficiency across various platforms. By bolstering liquidity, Shaaare is paving the way for a more vibrant and dynamic marketplace for our token.
Initial Coin Offering (ICO): 10%
Shaaare announces a strategic allocation of 10% of the total XKO token supply for its upcoming Initial Coin Offering (ICO). This move is designed to provide an opportunity for investors to participate in the project's growth from the outset, showcasing Shaaare's commitment to a transparent and inclusive funding model.
Early Team and Investors: 10%
To bolster the project's early stages, 10% of the XKO tokens are set aside for the initial team and early investors who believed in Shaaare’s vision.
Creators Fund: 3%
3% of the total XKO token supply will be dedicated to the Creators' Fund. This strategic allocation underscores Shaaare's commitment to empowering content creators within its ecosystem, providing support and incentives for innovative contributions to the platform. The Creators' Fund is a testament to Shaaare's belief in fostering a vibrant and collaborative community.
Climate Fund: 2%
Shaaare is proud to announce its dedication to environmental responsibility by allocating 2% of the total XKO token supply to a climate fund. This initiative reflects Shaaare's commitment to contributing to a sustainable future, using blockchain technology to support environmental causes and address climate-related challenges.
Communication and Marketing: 2%
Shaaare is thrilled to announce the allocation of 2% of the total XKO token supply to fuel our marketing initiatives. The dedicated funds will be instrumental in raising awareness, driving adoption, and ensuring the success of our platform through targeted marketing efforts, outreach campaigns, and community engagement activities.
Vesting Rules: A Secure Strategy
The vesting rules are set to protect the end-users and the ecosystem as a whole. Governed by an immutable smart contract, the vesting period differs according to the volume of investment:
- Low-Volume Investors: One-year vesting period
- Medium-Volume Investors: Three-year vesting period
- Team Members: Five-year vesting period
To deter massive sell-offs, the vested tokens are unlocked linearly.
For example, John buys 10,000 XKO tokens on January 1, 2024. His tokens unlock at 3.1104 XKO per second, based on a one-year vesting period. Please note that any fees for retrieving these tokens will be borne by the investor. Changing the associated wallet address would result in a loss of tokens, as the contract is immutable.
