$VAX ALLOCATION
Total Supply
1,000,000,000
TGE Price
US$ 0.03
Fully Diluted
US$ 30,000,000
Ticker
$VAX
Chain
Base
Private Sales
10%
Public Sales
10%
Foundation
15%
Community Fund
40%
Team
23%
Advisors
2%
Private Sales (10%): Funds raised through private sales to angel investors and venture capitalists are pivotal for laying the groundwork of our project. CEO Wesley has also contributed US$ 150,000 to the VaultX project. This initial injection of capital prior to or following the Token Generation Event (TGE) will be allocated towards the initial development phases of our platform, inclusive of software design, feature set implementation, and user experience optimization. Additionally, these funds will bolster early marketing campaigns, facilitate partnership formation, and secure token liquidity to foster a stable launch environment.
Public Sales (10%): Proceeds from public sales, occurring at the TGE, are earmarked for sustaining long-term development objectives. This involves advancing the platform's technology, scaling operations, and expanding our marketing reach. It also ensures continuous curation of art pieces, enhancing the depth and diversity of our offerings to cater to a broader audience. Foundation (15%): The Foundation's allocation is dedicated to fostering artistic talent and innovation. A significant portion will be directed towards artist grants, which will be established in collaboration with reputable regional partners to support emerging artists and fund art projects. Additionally, this allocation underwrites the staking reserves essential for maintaining the platform's economic stability and supports ongoing operational costs and marketing initiatives.
Community Fund (40%): Our rewards for the community and partnerships are important for building a strong ecosystem. This funding is meant to encourage community involvement, promote content creation, support key asset holdings, and enable teamwork. By linking community rewards with asset holdings, the platform adapts to what users want while staying financially stable. The profits from asset holdings will be used to buy back and reduce the $VAX token, which will increase its value. By aligning rewards with community feedback, VaultX builds a strong and vibrant ecosystem where art, teamwork, and innovation come together.
Team (23%): Compensation for the team is a critical component for attracting and retaining top talent. This allocation provides incentives for our team members, ensuring they are motivated to contribute to the project's success. A vesting schedule, coupled with a lock-up period, is implemented to align the team's long-term interests with those of the project, fostering a culture of ownership and sustained performance.
Advisors (2%): Advisors play a key role in guiding the project towards success, offering expertise, industry insights, and strategic connections. This allocation compensates our advisors, acknowledging their contribution and ensuring their vested interest in our platform's growth and achievements.
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