Tokenomics
Total Supply: 576 billion STC tokens.
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Total Supply: 576 billion STC tokens.
Last updated
Was this helpful?
Total Supply: 576 billion STC tokens.
Pre-Sale: 55% 316.8 Billion Tokens
Business Development: 20% 115.2 Billion Tokens
Marketing: 10% 57.6 Billion Tokens
Legal & Regulation: 6% 34.56 Billion Tokens
Owner’s Reserve: 5% 28.8 Billion Tokens
Partners/Investors: 4% 23.04 Billion Tokens
Pre-Sale: 55% 316.8 Billion Tokens
A significant portion of the total supply is allocated for the presale. This allocation is designed to attract initial investors and raise funds to kickstart the development and marketing of the project. Given the substantial percentage of tokens allocated for the presale, it's crucial to implement lock-up periods and vesting schedules to prevent immediate sell-offs, which could destabilize the token's price.
Business Development: 20% 115.2 Billion Tokens
The second-largest allocation is dedicated to business development. This budget will support the expansion of the Star Tech ecosystem, including partnerships, infrastructure development, and potential acquisitions. This allocation demonstrates a strong focus on growth and expanding the use cases and reach of the STC token within the blockchain and crypto space.
Marketing: 10% 57.6 Billion tokens
Marketing is crucial for the growth and visibility of any crypto project. The allocation of 5% towards marketing will support promotional activities, community engagement, influencer partnerships, and other initiatives to raise awareness and drive adoption. Effective use of this budget is essential for building a strong brand presence and fostering a robust community around the token.
Partners/Investors: 4% 23.04 Billion Tokens
A small yet significant portion is reserved for partners and investors. This allocation is likely intended to incentivize strategic partnerships that can enhance the project's growth or provide value in terms of technological integration, market access, or additional funding. Such partnerships are crucial for fostering a collaborative ecosystem and ensuring long-term sustainability.
Owner’s Reserve: 5% 28.8 Billion Tokens
Tokens allocated to the owner represent a significant portion, which is common in many token projects to ensure that the founders and early developers are incentivized to continue working on the project. To align with industry best practices and ensure investor confidence, these tokens should be subject to a vesting schedule. A gradual release over a period (e.g., 24 to 36 months) can prevent excessive control by the owner in the short term and align interests with those of the investors.
Legal & Regulation: 6% 34.56 Billion Tokens
Allocating 5% to legal and regulatory compliance shows a proactive approach to navigating the complex regulatory landscape surrounding cryptocurrencies. These funds can be used to engage legal advisors, ensure compliance with jurisdictional regulations, and handle potential legal challenges. This allocation is vital for maintaining the project's legality and avoiding regulatory pitfalls that could hinder its progress or result in penalties.
Blockchain: Built on Binance Smart Chain (BSC) for fast, secure, and low-cost transactions.
Use Cases: Focused on decentralized finance (DeFi), tech investments, NFTs, gaming, and metaverse projects.
Presale Tokens: Presale tokens will be locked for a specified period post-sale to prevent a rapid sell-off that could negatively impact the token's price and market stability. A staggered release or vesting schedule can help manage this risk.
Owner Tokens: Tokens allocated to the owner will be subject to a vesting period, typically over 24 to 36 months, with a cliff period to ensure long-term commitment and alignment with the project’s growth.
Burn Mechanism: A burn mechanism is implemented to reduce the total supply over time, potentially increasing the value of each remaining token if demand remains constant or increases. Burning can occur periodically or be tied to specific events, such as transaction volumes or milestones.
Mint Mechanism: The smart contract includes a mint function controlled by the contract owner, allowing new tokens to be created. This functionality should be clearly defined in terms of its use case and capped to prevent inflationary pressures.
The allocation strategy reflects a strong emphasis on growth (business development) and market penetration (presale). The relatively high presale allocation suggests a reliance on early investment to fund development and marketing efforts.
The balance between various allocations like business development, legal compliance, and partner incentives indicates a holistic approach to ecosystem development, ensuring all critical aspects of growth and sustainability are addressed.
A robust governance and compliance strategy backed by allocated funds for legal and regulatory efforts shows foresight in managing the evolving legal landscape of cryptocurrencies.
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