đ˛Tokenomic $MTC
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Last updated
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TelegramŠī¸MiniTon 2023
We aim to fill the gap in game marketing and monetization support for Telegram and TON with MiniTon.
Our goal is to attract developers to join Telegram and TON while adhering to principles of decentralization, fairness, sustainability, and scalability in our operations.
The MTC token serves as a means of achieving decentralization and self-governance within MiniTon. It includes mechanisms for governance and financial incentives that aim to promote the growth of the MiniTon ecosystem and align with user interests. Our goal is to unite all token holders under a shared vision for the future of MiniTon.
As the governance token of MiniTon, MiniTon Coin ($MTC) is built on the TON Jetton, serving as the foundation for MiniTon development and governance.
Stake $MTC to get vote-escrowed $MTCīŧve$MTC holders can participate in governance and earn incentives.
ve$MTC will be implemented on the TON.
ve$MTC holders can
Vote for the game that will get initial traffic support
Determine the incentives & developer profit sharing
Rate on games, bet eSport
Create tournaments
ve$MTC holders will get rewards through staking, voting, and other engagements.
Reward outstanding developers
Reward community members who invite friends to join MiniTon
Only ve$MTC holders can share MiniTonâs growth incentives
ve$MTC cannot be transferred. The only way to obtain veMTC is by staking MTC. The maximum lockup period is four years. Locking up 4,000 MTC for four years provides an initial balance of ve$MTC.
A user's veMTC balance linearly decreases as the remaining time for MTC to unlock decreases. For example, the veMTC amount provided by locking 4,000 MTC for one year is the same as locking 2,000 MTC for two years or locking 1,000 MTC for four years.
The maximum lockup period is four years. The formula is outlined as follows:
MAXTIME = 4 * 365 * 86400 unlock_time < (block_time + MAXTIME) veMTC_amount = MTC_locked_amount / MAXTIME * (unlock_time - block_time)
In addition to participating in governance and earning incentives through ve$MTC, $MTC has the following uses:
Qualify for organizing competitions or creating private tournaments by staking $MTC.
Redeem benefits/NFT
Increase the invite commission available during viral spread.
Rent Ads Space
Get on-chain random number
Exchange for tokens issued by games listed on the platform.
Purchase through CEX/DEX
Earn $MTC through staking, voting, and other engagements.
MiniTon will periodically repurchase $MTC.
MiniTon will periodically burn held $MTC.
The functionality of $MTC will be subject to community suggestions and undergo voting for future additions or modifications.
All $MTC will be released in five years.
Allocation Type | MPC Amount | Percentage |
---|---|---|
Allocation Type | TGE | Release Schedule |
---|---|---|
Team
17,000,000
17%
Advisors
6,000,000
6%
Treasury
33,000,000
33%
Ecosystem
24,000,000
24%
Seed Round
10,000,000
10%
Angel Round
5,000,000
5%
Private Round
4,000,000
4%
Public Round
1,000,000
1%
Total
100,000,000
100%
Team
0
12 months locked up, and to be linearly released over 36 months after a twelve-month.
Advisors
0
Locked for 6 months, then linearly release for 24 months
Treasury
0
Linear release over 60 months.
Ecosystem
10%
Linear release for 24 months after TGE
Seed Round
5%
Locked for 5 months. Thereafter, unlock 15% per 5 months
Angel Round
10%
Locked for 4 months. Thereafter, unlock 15% per 4 months
Private Round
10%
Locked for 3 months. Thereafter, unlock 15% per quarter
Public Round
50%
10% linearly release per month.