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What are the Tokenomics?

Let’s look back to when $POLS launched and assess the tokenomics associated with it.
Private-Sale Structure ($POLS)
Sale Details
Total supply: 100M POLS 
Initial circ supply: 17.875M POLS 
Seed sale price: $0.0125 USD 
Private sale price: $0.025 USD 
Uniswap listing price: $0.05 USD 
Total amount raised: 875,000 USD 
Total POLS sold: 42.5M (42.5% of the total supply)
Market Cap 
Seed sale: Initial mcap of $223.43k USD, fully diluted mcap of $1.25M USD. 
Private sale: Initial mcap of $446.87k USD, fully diluted mcap of $2.5M USD. 
Uniswap listing: Initial mcap of $893.75k USD, fully diluted mcap of $5M USD. 
Initial Uniswap Liquidity: 200k USD 
Token Distribution and Allocation
Polkastarter only raised the most necessary funds to get the Product Development going and to give the POLS token the right kickstart in terms of Liquidity, Exchange listings and Marketing.
While all Team, Advisor and Foundational tokens were locked for at least 1 year, the rest of the tokens were allocated to the Token Sale, as well as to Liquidity Provision and Marketing actions.
Token Release Schedule
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Release details Seed: 20% unlocked before listing, then 10% monthly over 8 months. Private: 25% unlocked before listing, then 25% monthly over 3 months Liquidity: 22.22% unlocked before listing, then 8.88% monthly over 5 months, then 6.67% monthly over 1 month, then 4.44% monthly over 6 months Marketing: 20% unlocked before listing, then 6.67% monthly over 12 months
How did POLS perform after  IDO?
The $POLS token launched on 29th September 2020. Only 5 months later it reached an all time high of $7.61 as recorded by Crypto Rank on 16th February 2021. The POLS token is now listed on over 52 exchanges including Binance, Kraken and Coinbase and traded in 30 markets.

What is the POLS Token Utility?

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Introduction

Last modified 1yr ago