đTokenomics
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
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