💎
Bitgem
  • Introduction
  • Roadmap
  • Frequently Asked Questions
  • Getting Started
    • Wallet
    • How To Get Fantom
    • How To Get Free Fantom Gas
    • Bridge From ETH To FTM
    • Bridge From BSC To FTM
    • How To Use Bitgem
  • Governance
    • Bitgem Governance
    • Bitgem Tokenomics
  • Contracts
    • Bitgem Contracts
    • Bitlootbox Contracts
Powered by GitBook
On this page
  • Bitgem Tokenomics
  • Developer Fund Lockups

Was this helpful?

  1. Governance

Bitgem Tokenomics

The economy of Bitgem, explained

PreviousBitgem GovernanceNextBitgem Contracts

Last updated 3 years ago

Was this helpful?

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