Bitgem Tokenomics
The economy of Bitgem, explained
Last updated
The economy of Bitgem, explained
Last updated
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 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