Propco Tokenomics
Propcoin Exchange is powered by Propco Tokens that are planned to be listed on other exchanges in time to come. Propco is the token that will power Propcoin Exchange and will be used as method of swapping our token to those of others on the platform (including BTC, ETH, SOL, USDT etc).
There are a total of 10 Billion Propco Tokens minted. Thats it. No more will ever be minted.
At Launch:
1% (100 million tokens) will be Airdropped with over 10 million by February 15, 2024.
2% of the tokens have been reserved for Private Placement (to fund our project at the outset)
5% is reserved for the ICO to take place within a span of 3 months from the Airdrop. The ICO price is set at discount to launch, and you can start buying NOW.
20% is kept for the team (as the best like to be paid in token + cash), with a clear 3 year vesting period.
72% is set aside in Treasury with a multi-sig wallet for 3 specific purposes:
1) follow on-coin offerings to be decided upon by our Board and Advisors. Our rules state that no more than 10% of those tokens can be sold per month and a full disclosure of the next coin offering must be disclosed to the existing holders before the offering
2) staked rewards for Propco holders
3) purchase by asset token holders who are listing their tokens on our platform
Project Timeline
