daVinci Gallery
  • daVinci - Introduction
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    • daVinci Marketplace & Harmony Protocol
    • Harmony ONE token
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    • How to create a NFT
    • daVinci´s Artist Profile
    • NFT creation
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  • Connect to a wallet
    • Metamask
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  • Action/Purchase Rules
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  • $VINCI Token
    • The Next Generation of Art
    • What is $VINCI?
    • What makes $VINCI different then other yield farming tokens?
    • Real Utility, Right Now
    • Tokenomics
    • First 2000 artists on DaVinci
    • Address list (Soccerplayers, LMA-art-Gallery, BeastQuest -Animoca, Quidd)
    • What does this mean for you?
  • FAQ
  • Badge Meaning
  • Artist Verification Rules
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  1. $VINCI Token

Tokenomics

PreviousReal Utility, Right NowNextFirst 2000 artists on DaVinci

Last updated 3 years ago

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10% reserved for sellers, buyers

(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)

50% reserved for Liquidity Providers

(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))

10% reserved for single Stakers/Holders (Single asset staking) on daVinci

  • (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

2% for initial launch incentives & contests

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)

0.5% of the total VINCI supply is distributed among everyone who owns NFTs from other platforms: (450,000 VINCI)

  • 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)

28% Treasury

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.

Multiplier mechanism for yields:

  • year 1: 3x multiplier

  • year 2: 2x multiplier

  • year 3: 1x multiplier

First 2000 artists (for public seller+buyers) (tokens will be locked and released in April 15 2022) (Leonardo Davinci Birthday)

0.25% for Harmony (Soccerplayers, , BeastQuest, Quidd) (tokens will be locked and released in April 15 2022) (Leonardo Davinci Birthday)

list here
LMA-art-Gallery
list here