Tokenomics

Specification
Name: Elemon
Symbol: ELMON
Network: BSC
Decimals: 18
Total supply: 2,000,000,000 ELMON
Use Cases
The primary utilities of the  token are:
Farming: ELMON tokens are used for farming Points that users can use for NFT redemption. 
Payment : ELMON tokens are used as a payment currency in  NFTs Marketplace along with other tokens
In the future, Elemon Ecosystem will update with more use cases for the ELMON token.
Token Allocation
The total of 2B ELMON tokens will be allocated into the following categories: 
The vesting plan is shown in the below table:
Round
Percent
Allocation
Initially
Vesting
Seed Round
3.4%
68,000,000.00
6.00%
6% at TGE, 2% at 3rd week, cliff 8 months then linear vesting every 2 months for 24 months
Private Round
13.1%
262,000,000.00
6.00%
6% at TGE, 2% at 3rd week, cliff 8 months then linear vesting every 2 months for 24 months
Public Round
1.00%
20,000,000.00
50.00%
50% at TGE, lock for 1 month,
then linear over 2 months
Ecosystem + Farming
31.00%
620,000,000.00
0%
Unlock linear in 50 months
Team
18.00%
360,000,000.00
0%
2.5% at 2nd week, 2.5% at 2nd month, cliff 15 months, then linear vesting over 30 months
Partners & Advisors
8.00%
160,000,000.00
0%
2.5% at 2nd week, 2.5% at 2nd month, cliff 12 months, then linear vesting over 30 months
Marketing
20.50%
410,000,000.00
0%
5% at 2nd week, lock for 2 weeks, then linear over 19 months
Liquidity
5%
100,000,000.00
​
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Team

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Contents

Specification

Use Cases

Token Allocation