Tokenomics
Last updated
Last updated
(9,000,000 VINCI) for sellers & buyers on daVinci:
Tokens are distributed to creators and collectors who made a sale or a purchase on daVinci during the past week. Buyers will receive 60% and sellers receive 40% of the weekly distributed amount
(tokens will be locked and released 1 year after each week distribution)
(45,000,000 VINCI) for Liquidity providers in DEXs community pools
locking mechanism 95%, released successively over 2 years per block starting on April 15, 2022 (Leonardo Davinci Birthday))
(9,000,000 VINCI) for Stakers/holders (>1000 vinci) (rewards tokens will be locked and released after 1 year) Earn as long as you hold VINCI in your wallet, and stops when you sell CLAIM will claim your rewards following the unlock schedule
0.5% will be distributed to the first artists engaged for the daVinci Launch. (tokens will be locked and released in April 15 2022 (Leonardo Davinci Birthday)
First 2000 artists (for public seller+buyers) list here (tokens will be locked and released in April 15 2022) (Leonardo Davinci Birthday)
0.5% of the total VINCI supply is distributed among everyone who owns NFTs from other platforms: (450,000 VINCI)
0.25% for Harmony (Soccerplayers, LMA-art-Gallery, BeastQuest, Quidd) list here (tokens will be locked and released in April 15 2022) (Leonardo Davinci Birthday)
0.25% for Ethereum community (rarible, openseas, superrare) (tokens will be locked and released in April 15 2022) (Leonardo Davinci Birthday)
1% contests
(1% of the total VINCI supply will be used to do events and contest)
The community Team fund — 4% of tokens being minted
Will be used for marketing initiatives, community managers and fostering the daVinci application community. (Multisign account)
The servers & services expense fund — 4% of tokens being minted
Servers & services expense funding will be used to pay maintenance, servers, IPFS expenses. (Multisign account)
The liquidity provider fund — 10% of tokens being minted
Will be used to provide the initial liquidity to the VINCI/ONE pools on DEXs platforms from the team ($10k USD)
Founders commitment Fund — 10% of tokens being minted
10% will ensure the long-term commitment of the founding team.
year 1: 3x multiplier
year 2: 2x multiplier
year 3: 1x multiplier