🍕Tokenomics

The total number of tokens is 1,000,000,000 $MLP.

$MLP allocation is pre-determined according to the following table:

Allocation	% of total supply	Tokens
Team	9%	90,000,000
Advisors	4%	40,000,000
IDO	1,5%	15,000,000
Listing + Liquidity	5%	50,000,000
Staking + P2E	33%	330,000,000
Marketing, Partnerships, Community	7%	70,000,000
Foundation reserve	8%	80,000,000
Seed round	10%	100,000,000
Private round	22,5%	225,000,000

$MLP vesting schedule

Allocation	Vesting Schedule
Team	1 year cliff, linearly vesting over 30 months.
Advisors	8 months cliff, linearly vesting over 12 months.
IDO	20% released at TGE, linear vesting over the next 4 months.
Listing + Liquidity	15% released at TGE, then linear vesting over the next 24 months.
Staking + P2E	2.5% every month (40 months), no cliff.
Marketing, Partnerships, Community	5% released at TGE, then monthly vesting over the next 24 months starting one month after vesting.
Foundation reserve	9 months cliff, linearly vesting over 20 months.
Seed round	5% released at TGE, 1-month cliff then linear (daily) vesting over the next 21 months.
Private round	8% released at TGE, 1-month cliff then linear (daily) vesting over the next 24 months.

Below we detail how tokens will be distributed and what they will be used for.

Team

• Tokens reserved for key team members (to motivate and incentivize them)

• Allocation of 9% of total

• Supply of 90,000,000 $MPL

• 1 year cliff, linearly vesting over 30 months

Advisors

• Token reserved for strategic investors and advisers that help My Little Planet grow faster

• Allocation of 4% of total

• Supply of 40,000,000 $MPL

• 8 months cliff, linearly vesting over 12 months

IDO

• Tokens reserved for IDO on public platforms (we will announce the platforms later).

• Allocation of 1,5% of total

• Supply of 15,000,000 $MPL

• Token price - $0.012

• 20% released at TGE, linear vesting over the next 4 months

Listing + Liquidity

• These funds will be used to bootstrap liquidity

• Allocation of 5% of total

• Supply of 50,000,000 $MPL

• 15% released at TGE, then linear vesting over the next 24 months.

Staking + P2E

• Tokens will be distributed among players to motivate them to play the game and to participate in different Plat-To-Earn activities.

• Allocation of 33% of total

• Supply of 330,000,000 $MPL

• 2.5% every month (40 months), no cliff

Marketing, Partnerships, Community

• Tokens will be used to grow My Little Planet community (contests, Airdrop, etc.), marketing events, PR, business development, buying ads from influencers, more marketing and community building activities

• Allocation of 7% of total

• Supply of 70,000,000 $MPL

• 5% released at TGE, then monthly vesting over the next 24 months starting one month after vesting

Foundation reserve

• Tokens reserved for ecosystem development and fundraising, etc. The foundation reserve has a high cliff, no funds are required at this stage. The team locks them and keeps them as a reserve for later development stages.

• Allocation of 8% of total

• Supply of 80,000,000 $MPL

• 9 months cliff, linearly vesting over 20 months

Seed round

• The Seed-round (private sale) is the first round to attract investment. The early investors will be offered promising conditions.

• Allocation of 10% of total

• Supply of 100,000,000 $MPL

• Discount - 67%

• Token price - $0.004

• Valuation - $4m

• 5% released at TGE, 1-month cliff then linear (daily) vesting over the next 21 month

Private round

• The Private round is aimed at investors too.

• Allocation of 22,5% of total

• Supply of 225,000,000 $MPL

• Discount - 33%

• Token price - $0.008

• Valuation - $8m

• 8% released at TGE, 1-month cliff then linear (daily) vesting over the next 24 months.

Total supply of $MPL-tokens in the system