Tokenomics
Token Details
Total Supply: 1,000,000,000 UFOX
Token Name: UFOX
Token Symbol: $UFOX
Token Type: BEP-20 (Binance Smart Chain)
Token Contract Address: 0x33df0295c0AdF635f5921a9fa50320D1019165Fc
Allocation
| Allocation | percentage | Amount |
|---|---|---|
Presale/ICO | 40% | 400,000,000 |
Marketing | 15% | 150,000,000 |
Team and Advisors | 15% | 150,000,000 |
Community & Ecosystem | 10% | 100,000,000 |
Foundation Reserve | 15% | 150,000,000 |
Liquidity Pool | 5% | 50,000,000 |
Use of Funds
Presale/ICO
Used for initial fundraising to support operations, research and development (R&D), and manufacturing.
Marketing
Used for marketing activities such as token advertising to enhance brand awareness.
Team & Advisors
Distributed to the founding team and advisors to incentivize their long-term commitment to the project’s success.
Community & Ecosystem
Used for community incentives, user growth, developer support, and partnership development.
Foundation Reserve
Held as long-term reserve funds to support future expansion, R&D, and risk management.
Liquidity Pool
Allocated to provide liquidity for exchanges and maintain healthy token market operations.
Vesting & Release Schedule
Presale
Upon token issuance, 10% of the tokens can be claimed immediately. The remaining 90% will be released in nine installments of 10% each, every month.
Team & Advisors
A 5-year lock-up period is set. After the lock-up ends, tokens will be released linearly on a monthly basis over the following 5 years.
Community & Ecosystem
No lock-up period. Tokens will be distributed progressively based on project milestones and community needs to support incentives and growth.
Foundation Reserve
A 2-year lock-up period is set. After the lock-up ends, tokens will be released as needed to support project expansion and risk management.
Deflationary Mechanism
Token Burn
Whenever users purchase flying saucers, tickets, or other services with $UFOX, we may choose to burn a portion of the tokens. This reduces the circulating supply, thereby increasing the scarcity of the remaining tokens.
The burn rate will be 1%-5% of the transaction total, with the specific percentage to be determined by community vote in the future.
Phased Applications
Phase 1
Application: Purchase of personal Flying Boards.
Demand Driver: As mass production and sales of personal Flying Boards commence, the demand for the token will steadily increase. Since Flying Boards can only be purchased using $UFOX, growing sales will directly drive the circulation and usage of the token.$UFOX, as the core payment token of the project, will be used for transactions involving flying boards, flying saucers, space tickets, and other products. As the project progresses, we may introduce Non-Fungible Tokens (NFTs) to represent certain unique assets. These assets will be uniquely identified and managed through blockchain technology. However, regardless of whether NFTs are introduced, all transactions and purchases will still be conducted using $UFOX, ensuring a unified and transparent ecosystem.
Phase 2
Application: Purchase of family-sized low-altitude flying saucers.
Demand Driver: This phase introduces long-distance transportation tools for family use, expanding the use cases for the token and further increasing the value and demand for $UFOX.
Phase 3
Application: Purchase of advanced space flying saucers and space tickets.
Demand Driver: This phase involves higher-end flying saucers, with token use cases expanding into space travel and scientific missions. The substantial demand at this stage will significantly drive up the value of the token.
Phase 4
Application: Purchase of professional-grade intergalactic flying saucers, intergalactic tickets, colonial trade, interstellar commerce, and the exclusive currency within the human interstellar civilization system.
Demand Driver: As humanity moves toward becoming an interstellar civilization, $UFOX will serve as the foundation of the entire interstellar economic system, with demand and value expected to peak during this phase.
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