Quantitative Tokenomics describes important parameters of the Me3 token economy. They outline the initial token allocation and specify the conditions that allow these allocations to enter the circulating supply. Furthermore, a crucial part of quantitative tokenomics is presenting the fundraising rounds, including their valuation, funding targets and prices per token.
Token Summary
Token Name | Me3 Token |
Token Symbol | $ME3 |
Token Usage | Governance, Utility |
Chains | Binance Smart Chain (BSC) |
Max Total Supply | 1,000,000,000 |
Public Round Valuation | $12,000,000 |
TGE Target Date | September 2024 |
Max Circulating Supply at TGE | 3% |
Initial Market Cap | $359,429 |
Token Allocation Table
Title | Allocation [% of max. supply] | Allocation [tokens] | Cliff [months] | Vesting [months] | TGE Unlock [%] |
Genesis Round | 20% | 200,000,000 | 9 | 18 | 0 |
Private Round | 11.43% | 114,285,714 | 0 | 10 | 10 |
Public Round | 5.58% | 55,833,333 | 0 | 6 | 20 |
KOL Round | 4% | 40,000,000 | 0 | 9 | 15 |
Treasury | 12.99% | 129,880,952 | 6 | 18 | 0 |
Founders/Team | 14.00% | 140,000,000 | 9 | 20 | 0 |
Advisors | 8% | 80,000,000 | 6 | 18 | 0 |
Community | 12% | 120,000,000 | 1 | 36 | 0 |
Platform Incentives | 1% | 10,000,000 | 0 | 3 | 0 |
Liquidity | 6% | 60,000,000 | 0 | 3 | 50% |
Liquidity Staking | 5% | 50,000,000 | 0 | 12 | 0 |
Genesis Round: During the Genesis round, Me3 raised the first capital to fund the development of the ecosystem. A total of $2 million was raised at a fully diluted valuation (FDV) of $10 million and a token price of $0.010. Therefore, a total of 200 million tokens were sold to participants during this round.
Private Round: During the private round, Me3 raised a total of $700,000. Due to unfavorable market conditions, the price of each token in this round was set at $0.007, representing a 30% discount to the previous round and a FDV of $7 million.
KOL Round: A strategic round with 40,000,000 tokens was reserved for Key Opinion Leaders (KOL) to acquire Me3 at a discounted price of $0.01. This represents a fully diluted valuation of $10 million.
Public Round: During the public round, individual investors had the opportunity to acquire their share in the Me3 ecosystem. With a FDV of $12 million, $670,000 were raised at a price of $0.012.
Treasury: The treasury is Me3's token reserve that can be used in various ways. If demand for Me3 tokens is exceptionally high, part of this allocation can be used to further fund the development of the project by offering investors to buy tokens over-the-counter (OTC). If more liquidity is needed, tokens from the treasury can be used to increase liquidity. These are just some of the key use cases for this allocation. Most importantly, the release of tokens from this allocation is dependent on successful governance decisions.
Founders/Team: This allocation is used to reward founders and team members for their commitment to building the Me3 ecosystem. A relatively long vesting period (cliff) and an even longer linear vesting period ensure long-term commitment and incentives for good work.
Advisors: Similar to the Founder/Team allocation, advisors who support Me3 with their knowledge, network and experience will be rewarded with a token allocation with a relatively long cliff- and vesting period.
Community: This allocation will be used to fund various community-related activities designed to help grow the Me3 ecosystem. These can be targeted airdrops, giveaways, contests, staking reward boosts or similar. However, each month there is a limited budget of tokens (ca. 3,333,333) that can be used for such activities.
Platform Incentives: This allocation ensures a strategic distribution for attracting early users to the platform.
Liquidity: We will kickstart the liquidity pool by pairing the Me3 token with USDT in the first month, ensuring ample liquidity for smooth trading between buyers and sellers. Specifics regarding the DEX and trading pair will be announced shortly. Uo to 50% will be released on TGE to ensure smooth price discovery.
Liquidity Staking: Following the establishment of initial liquidity, we will initiate a staking rewards campaign designed for stakeholders interested in contributing both Me3 and USDT liquidity to the trading pool. By staking their LP tokens, they can earn Me3 yield rewards. This rewards campaign is intended to engage additional stakeholders who wish to provide liquidity and earn Me3 yield, building on the foundation of the initial liquidity provided.
Token Release Schedule:
The release schedule provides a comprehensive overview about the circulating and outstanding token supply over time. The circulating supply is the total number of publicly available Me3 tokens for the market to trade, whereby the outstanding supply provides information of how many more tokens can enter the circulating supply.
(You’ll find an enlarged and interactive version of the release schedule here)
The release schedule does not include the liquidity and staking liquidity provided by Me3.
Looking for our full Tokenomics Litepaper? You can view it on Google Docs here.