Tokenomics: START
START Token Supply, Distribution, and Utility
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START Token Supply, Distribution, and Utility
Last updated
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Symbol: START
Chain: Telos (Native)
Contract Address:
Max Supply: 100 000 000
Circulating supply: 5 000 000 (5%)
The token sales will place the project in a position to operate for 24 months without additional funding assuming a successful raise on $2.0M.
All seed, private and public sale START tokens have now been released, this was the vesting schedule:
Seed
4 500 000
$0.03
Platform launch
500 000
$0.075
Beta Round 1
125 000
1 TLOS = 1.125 START
Beta Round 2
125 000
1 TLOS = 0.9 START
Seed (EOS)
60 000
1 EOS = 62.5 START
Seed (WAX)
~53 000
1 WAX = 1.6667 START
Total
5 000 000
START
50% of total supply of tokens will remain and be allocated to:
30% - 30M tokens - Exchange liquidity
10% - 10M tokens - Marketing
10% - 10M tokens - Team and advisors
START token holders can Stake their tokens on Starter to gain access to the platform and earn rewards. Staking higher amounts of START gives holders increased access and even greater rewards. Staking and rewards are chain specific. Owning START gives users access to the following features:
IDO Participation: Staking of 500 START tokens gives access to premium pools in order to jump ahead of the queue. Voting Power: Staking START tokens allows holders to vote on which projects are approved for a sale. Votes are weighted by the amount of START staked.
Guaranteed Allocation: Staking enough START to have VIP access will guarantee you tokens in the 3 hours before the actual sale begins (headstart). You will only be able to buy your allocation amount. Once the headstart time is over, you will be able to buy more (up to the max wallet amount or your max amount allowed). Earn Rewards: Staking at least 6250 START (VIP 1) tokens allows holders to earn tokens from a successful pool according to the amount of START stake. Currently 75% of fees go back to the START stakers.
Bonus tokens: Having VIP will also allow for bonus tokens depending on the VIP tier, in the 3 hours headstart time.
