Tokenomics
Public Sale:
- Minimum Raise: 1,000,000 USD (If not reached, the project will be canceled, and all funds will be returned to participants).
- Maximum Raise: 10,000,000 USD (If reached before the end of the public sale window, the public sale will be closed).
- No Private Sale or Seed Deals: The public sale is the only token distribution event.
Team Allocation:
- Post-Public Sale Minting: After a successful public sale, the team will mint an additional 10% of the total raised amount in tokens. This ensures the team is incentivized to drive the platform's success.
- Team Allocation Usage: These tokens will be used exclusively for:
- Participating in IDOs on the Rentapad Launchpad.
- Investing in private sales through the Rentapad network.
- Note: Team tokens cannot be sold directly on the market.
Commission Structure:
- Team Commission from IDOs: The team will take a 5% commission from every successful IDO launched on Rentapad, capped at a maximum of 50,000 USD per IDO. This aligns the team's interests with the success of projects launched on the platform.
- No Excessive NFT Allocation: Our primary revenue model relies on NFT sales and rentals, minimizing the need for a large team token allocation.
Ecosystem Allocation:
- 5% Allocation: 5% of the total token supply will be allocated to the ecosystem fund.
- Ecosystem Fund Usage: These tokens will be used for:
- Lending to protocols for renting to their users/communities, fostering collaborations and expanding the Rentapad ecosystem.
- Incentivizing community participation and platform development.
- Supporting marketing and outreach initiatives.
Token Distribution Summary:
| Allocation | Percentage | Purpose |
|---|---|---|
| Public Sale | 90% | Funding platform development and operations |
| Team | 5% (minted after public sale) | Participating in IDOs and private sales |
| Ecosystem | 5% | Ecosystem development, community incentives, collaborations |
Key Highlights of Rentapad Tokenomics:
- Fair Launch: The public sale is the primary token distribution event, ensuring a fair launch for all participants.
- Aligned Incentives: The team's token allocation and commission structure are designed to align their interests with the success of the platform and launched projects.
- Sustainable Ecosystem: The ecosystem allocation supports the long-term growth and development of the Rentapad platform.
- Transparency: All tokenomics details are clearly outlined, promoting transparency and accountability.
Note: This tokenomics structure is subject to potential adjustments based on market conditions and community feedback. Any changes will be communicated transparently to the Rentapad community.