Fracton Token($FT)
Last updated
Last updated
The Fracton token($FT) is a key part of Fracton infrastructure, as it serves as the governance token, encourages user participation, and is the primary payment token within the Fracton ecosystem.
FractonX isn’t just an upgrade; it’s a revolution to tackle more problems we in the trading space for illiquid assets. As we break the mold, moving beyond the traditional fractionalisation of blue-chip, high value NFTs, the realm of possibilities expands.
Expand to the world of illiquid Assets: Our team, dedicated and sleep-deprived, is consistently breaking ground with novel asset ideas. From NFTs to Real World Assets (RWAs) and even MEMEs, the infrastructure of FractonX is a powerhouse of adaptability.
Benefits Galore: In recognition of the trust placed in us, FT holders are in for a bonanza of benefits.
Our philosophy is simple: those who are invested in our journey should steer our course. Governance is set to go democratic, letting FT holders shape the ecosystem’s destiny.
Leadership and Rewards: Your voice in governance will not just influence outcomes but also determine your standing in the Fracton Points Leaderboard. It’s not just participation; it’s rewarding participation.
At FractonX, every fractionalisation contributes to our collective treasury. It’s a model of shared growth.
Growing Treasury: As the platform thrives, our treasury, brimming with hiNFT tokens, stands as a testament to shared success.
Airdrops or Value Boost: Whether it’s through redistributing tokens or initiating a deflationary cycle, FT’s value proposition is set to skyrocket.
$FT has a total supply of 100,000,000 tokens. Here is a breakdown of how these tokens will be distributed.
DAO Treasury
51%
To grow the Fracton ecosystem and community.
No cliff period, 24 months vesting
Mining Incentives
14%
To incentive early adopters and active users
3-month cliff starting at TGE, followed by a 2-year equal monthly vesting
Funding
14%
Reserved to raise funding from strategic round and private/public sales
12-month cliff starting at TGE, followed by a 2-year equal monthly vesting
Advisors
5%
To reward advisors for the long-term success of Fracton
12-month cliff starting at TGE, followed by a 1-year equal monthly vesting
Team
10%
To compensate the core team members who developed the product and its infrastructures.
12-month cliff starting at TGE, followed by a 3-year equal monthly vesting
Marketing
3%
Reserved to create demand and influence taget audiences' behavior.
1% unlocked at TGE, the remaining 2% followed by a 2-month equal monthly vesting
IEO
3%
IEO token allocation is the distribution of tokens to participants in an Initial Exchange Offering.
50% unlocked at TGE, followed by a 2-month vesting
