Tokens
AlliMeta official tokens
AlliMeta will issue two types of utility tokens: primary tokens and secondary tokens as the underlying tokens of the ecosystem. It serves as a bridge between each metaverse and main tokens (BTC, ETH). We adopt the service from Uniswap to back-to-back the primary and secondary tokens in each metaverse economic model in the AlliMeta ecosystem.
The Primary Tokens - ALIT
The primary tokens, AlliMeta Token (ALIT in short) are used for specific financial purposes in the Metaverse. It is used to participate in DeFi, land purchase, and use of the services.
The total supply of ALIT is 200,000,000. There will be no one-time initial offering of the primary token, but a "need-for-issue" strategy. ALIT will be listed on the decentralized exchange on Uniswap for trading publically. When the token is issued every time, an equivalent amount of Ethereum will be purchased to support the value. It will also serve as a liquidity pool in Uniswap. Additionally, the expected allocation of ALIT tokens is as follows:
Decentralized exchanges (40%): Allocate 80 million ALIT tokens to decentralized exchanges to promote market liquidity and price stability. This helps attract more users and investors, creating a stable market for the token.
Centralized exchanges (30%): Allocate 60 million ALIT tokens to centralized exchanges, allowing users to easily buy and sell ALIT tokens. This helps increase the token's exposure and circulation.
Development team (20%): Allocate 40 million ALIT tokens to the development team to support ongoing product development, operations, and maintenance. To ensure long-term commitment from the team, consider setting a vesting schedule for this portion of tokens, such as releasing 5% annually in four stages.
Community and incentive programs (10%): Allocate 20 million tokens for community building, marketing campaigns, community rewards, and more. This helps motivate community members to actively participate and generate more exposure and user base for the project. Set a vesting schedule for this portion of tokens, such as releasing 2.5% annually in four stages.
The Secondary Tokens - LEAF
The secondary tokens are also an utility token that is used for marketing activities in the Metaverse. It serves the purpose to participate in activities/games, such as daily visits, scheduled check-ins, games, etc.
There is no supply limit to the secondary tokens. Its supply is regulated by the burning mechanism of metaverse activities. In short, sub-tokens can expand or contract within a specific time window based on activity. Users obtain sub-tokens through activities and consume (burn) them through other activities.
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