Bitgem Tokenomics
The economy of Bitgem, explained
Bitgem Tokenomics
Bitgem tokenomics is heavily focused on providing funds for development and marketing of third-party applications built using the Bitgem platform .
Tokenomics - v2 | 30m governance tokens total | percent | notes |
held by others | 3,966,070.00 | 13.22% | already given away to community via governance token giveaway mechanism. disabled in v2 |
developer funds | 7,500,000.00 | 25.00% | this is the team's cut |
community airdrops | 1,500,000.00 | 5.00% | these are additional airdrops to be given out to community members |
business dev fund | 3,000,000.00 | 10.00% | this is used to support business development |
marketing fund | 4,500,000.00 | 15.00% | this is used to market the system and partner developers |
IDO | 3,000,000.00 | 10.00% | this is the initial DEX offering |
dev grants | 3,000,000.00 | 10.00% | these are grants to developers who are writing apps that use bitgem |
LP liquidity | 3,533,930.00 | 11.78% | LP liquidity |
Developer Fund Lockups
Developer funds are locked on the following schedule:
25% of developer funds available to developers 6 months post-IDO 25% of developer funds available to developers 9 months post-IDO 50% of developer funds available to developers 12 months post-IDO
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