Tokenomics and Breakdown for MarvelousNFT Token (MNFT)

11 January 22


Our 14th of January IDOs are fast approaching, so lets go through the MNFT Tokenomics one more time. All details can be found via our whitepaper (see below) available at MarvelousNFTs.com. Along with more team info and project details. Don't forget to register for your account at Baddays.io as we prepare for game launch!

 

Whitepaper
 

Total Tokens: 270,000,000

Initial Supply at TGE: 10,312,500

Vault Supply - 30,250,000

After Deflation Total supply 50,000,000

5% Fee on all transactions

1% Burn

2% Staking Pool

1% Liquidity Reserve

1% Season Prize Pool

 

ido - January 14th

NFTLaunch, VelasPad, BSCPad, Gamezone and DuckStarter - Full details here.

 

Allocation Round Opens: Friday, January 14th, 8 AM UTC

BSCPAD FCFS Round: Friday, January 14th, 1 PM UTC

GameZone FCFS Round: Friday, January 14th, 1.10 PM UTC

VelasPad FCFS Round: Friday, January 14th, 1.20 PM UTC

NFTLaunch FCFS Round: Friday, January 14th, 1.30 PM UTC


DuckStarterPublic Offering Date: 14th January @ 2pm UTC

Our IDOs bring our only public offering, following completion on the 14th of January, we'll be listing at Pancake Swap and QuickSwap. Our MNFT token, along with our game will be based on Polygon, this Eth layer 2 solution provides a way to reduce fees for a better gaming experience. We'll also introduce a Token Bridge to allow user to have the token on BSC. This exciting Token bridge allows more freedom to utilise your MNFT. From Staking to Farming, buying characters to fusing, everything in the MarvelousMetaverse will require MNFT. Not to mention our token burn and buybacks.

 

Pancakeswap/QuickswapSwap listing:

PancakeSwap: Friday, January 14th, 5 PM UTC (approx)

QuickSwap: Friday, January 14th, 5 PM UTC (approx)

 

Maximum Token Supply: 275,000,000 $MNFT

Public Sale: Friday, January 14th

IDO Allocations:
#BSCPad: 2,500,000 $MNFT

#GameZone: 2,500,000 $MNFT

#VelasPad: 2,395,833 $MNFT

#NFTLaunch: 1,666,666 $MNFT

 

Circulating Supply at Listing: 1,546,875 $MNFT

Market Capitalization at Listing: $185,625 USD

Public Sale Vesting Schedule: 15% at TGE, 1 week cliff, linearly distributed daily over 4 months

 

Token Allocation and Vesting

With our IDO completion, we'll be issuing the initial 15% of those tokens at TGE. This is our only sale round to receive part allocation at TGE. 

As we can see our IDO round (Public Sale) is also the shortest vesting period. 15% on TGE, 7 day cliff then daily over 4 months,

 

Category % Allocations Tokens Vesting Schedule in Words

Public Round - 3.75% - 10,312,500 - 15% at TGE, Cliff at day 1-7, Linearly distributed daily over 4 months

Team - 15.00% - 41,250,000 - 0% at TGE, Cliff at months 1-6 Linearly distributed daily over 36 months 

Operations - 6.25% - 17,187,500  - 0% at TGE, Cliff at months 1-3 Linearly distributed daily over 23 months 

Marketing - 6.25% - 17,187,500 - 0% at TGE, Cliff at months 1-3 Linearly distributed daily over 23 months

Advisors - 7.00% - 19,250,000 - 0% at TGE, Cliff at months 1-3 Linearly distributed daily over 24 months

Growth funds - 7.75% - 21,312,500 - 0% at TGE, Cliff at months 1-6 Linearly distributed daily over 26 months

Escrow vault (Buyback + Burn) - 11.00% - 30,250,000 Non-tradable supply with burning mechanism

Seed Round - 2.88% - 7,906,250 - 0% at TGE, Cliff at months 1-2 Linearly distributed daily over 15 months

Strategic Round - 3.38% - 9,281,250 - 0% at TGE, Cliff at months 1, Linearly distributed daily over 12 months

Private Round 1 - 2.88% - 7,906,250 - 0% at TGE, Cliff at day 1-21 Linearly distributed daily over 8 months

Private Round 2 - 2.88% - 7,906,250 - 0% at TGE, Cliff at day 14 Linearly distributed daily over 7 months

Play Rewards - 20.00% - 55,000,000 - Linearly distributed daily over 21 months

Staking Rewards - 5.00% - 13,750,000

Exchanges Liquidity Reserve - 6.00% - 16,500,000 - Dex / Cex and Cross Chain Bridge

 

 

Whitepaper: https://marvelousnfts.com/white-paper

🌐 Website: https://marvelousnfts.com

🌐 The Bad Days Game https://www.baddays.io

📊 CoinMarketCap (MNFT) https://coinmarketcap.com/currencies/marvelous-nfts-bad-days/

⌨️ Telegram: https://t.me/baddayscom

💻 Discord: https://discord.gg/ch89egzcTf

🐦 Twitter: https://twitter.com/MarvelousNfts_