SPACE Tokenomics
Last updated
Last updated
The SPACE token was launched in a fair manner, characterized by the absence of venture capital (VC) involvement, Initial Coin Offerings (ICO), or any form of presale. This approach underlines the project's commitment to being community-driven. The token's supply was initially set on the Binance Smart Chain and later extended to networks like Polygon, Fantom, and Avalanche.
This expansion aimed to enhance accessibility and cater to the diverse needs of the ecosystem. The strategic distribution of the total supply was aligned with the overarching goal of supporting and developing the ecosystem without the influence of external funding or presale events.
At the inception of the SPACE token, a significant airdrop was conducted, targeting the existing community of Final Autoclaim. This airdrop was designed as a gesture of appreciation and incentive, ensuring the early supporters and active members of the Final Autoclaim platform were among the first to receive SPACE tokens. This initiative helped in fostering a strong initial user base and encouraged community engagement right from the start, laying a foundation for the token's adoption and utility within the ecosystem.
Product and Liquidity
30%
105,000,000
Staking
15.7%
55,000,000
Community Airdrops
15%
52,500,000
Final Autoclaim
14.3%
50,000,000
Team & Funders
10%
35,000,000
Development & Marketing
10%
35,000,000
Legal Expenses
5%
17,500,000
1. Product and Liquidity: 30% (105,000,000 SPACE)
Purpose: This allocation is vital for developing necessary integrations and attracting partners to the Space Token ecosystem. It focuses on streamlining the onboarding process and incentivizing participation.
Usage: Funds are strategically divided:
A part will be used to incentivizing partners to join the Space Token ecosystem and encouraging a more inclined onboarding process
A portion is locked in a smart contract, providing liquidity for decentralized trading.
Another part supports liquidity in centralized exchanges or wallets as required.
2. Staking: 15.7% (55,000,000 SPACE)
Role in Ecosystem: These tokens are designated for staking mechanisms on Final Autoclaim, a key feature that encourages user engagement and investment in the platform.
3. Community Airdrops: 15% (52,500,000 SPACE)
Community Engagement: Used for airdrops, these tokens are instrumental in building and maintaining a strong, active community around Space Token.
4. Final Autoclaim: 14.3% (50,000,000 SPACE)
Usage: Specifically allocated for rewarding users of the Final Autoclaim platform, excluding staking. This fosters platform engagement and rewards user participation.
5. Development & Marketing: 10% (35,000,000 SPACE)
Dual Focus:
Development: Funding R&D to continuously adapt and improve Space Token in response to evolving user needs.
Marketing: Supporting brand awareness efforts and maintaining vibrant online user communities.
6. Team & Funders: 10% (35,000,000 SPACE)
Long-term Incentive: These tokens, locked initially, are reserved for the team and funders to ensure sustained motivation and commitment throughout the project's lifespan.
7. Legal Expenses: 5% (17,500,000 SPACE)
Legal Framework: Allocated for covering legal expenses, ensuring Space Token’s compliance with regulatory standards and safeguarding the project’s legal integrity.
