Tokenomics

The NFTG token is the native utility token of the NFTG platform, designed to drive ecosystem operations, governance, and incentivization. The total supply of NFTG tokens is capped at 800 million tokens, ensuring scarcity and value retention over time. The following is a breakdown of the token distribution and allocation:

1. Presale Allocation (39%)

A major portion of the total supply, 39%, equivalent to 312 million NFTG tokens, is allocated for the presale phase. This phase aims to raise early capital for platform development, marketing, and community building. Presale participants will benefit from discounted token prices, encouraging early adoption and engagement.

1. Team and Development (15%)

15% of the total supply, or 120 million NFTG tokens, is reserved for the core team and developers. These tokens are subject to a vesting schedule to ensure long-term commitment to the project’s success, aligning team interests with the growth of the platform.

1. Ecosystem and Partnerships (20%)

20% of the total supply, or 160 million NFTG tokens, is set aside for ecosystem development and strategic partnerships. These tokens will be used to incentivize creators, developers, and partners to expand the NFTG ecosystem, driving further innovation and adoption.

1. Liquidity Pool (10%)

10%, or 80 million NFTG tokens, is allocated to provide liquidity on decentralized exchanges. This allocation ensures smooth trading, price stability, and availability of tokens to facilitate new user entry and ongoing transactions in the marketplace.

1. Community Incentives and Staking (8%)

8%, or 64 million NFTG tokens, is dedicated to incentivizing the community through staking rewards and engagement programs. These incentives will encourage users to contribute to platform governance and enhance network security through staking.

1. Advisors and Consultants (3%)

3% of the total supply, or 24 million NFTG tokens, is allocated to advisors and consultants providing strategic direction and support. These tokens will also follow a vesting schedule to ensure ongoing contributions from advisors over time.

1. Reserve Fund (5%)

5%, or 40 million NFTG tokens, is reserved for unforeseen circumstances, future upgrades, and platform sustainability. This reserve fund ensures the project can adapt and grow over the long term.

Vesting and Token Release

Schedule To promote market stability and long-term commitment, many token allocations will be subject to vesting. This includes:

Team tokens will have a 12-month cliff followed by a 2-year vesting period to ensure gradual release and alignment with long-term goals. Advisor tokens will be subject to a 1-year vesting schedule, beginning 3 months after the token launch to ensure sustained involvement. Tokens distributed during the presale will be gradually released to avoid market saturation and support steady price growth.

Utility of NFTG

Token Transaction Fees: NFTG tokens are used to pay transaction fees on the platform, including minting, listing, and trading NFTs.

Governance: NFTG holders have voting rights, allowing them to participate in important governance decisions such as protocol upgrades and platform developments.

Staking: Users can stake their NFTG tokens to earn rewards, contributing to the security and stability of the platform.

Incentives: Creators, developers, and community members will be incentivized with NFTG tokens for their contributions to the platform's growth and success.

With a total supply of 800 million tokens and a well-structured distribution plan, NFTG aims to create a sustainable and scalable ecosystem that fosters creativity, community engagement, and long-term growth.