📊Tokenomics

Token Overview

Token Symbol: $QERM

Blockchain: BASE Network

Max Supply: 1,000,000,000 $QERM

Initial Circulating Supply: 200,000,000 $QERM (20% of Max Supply)

Token Type: Utility and Governance

Vesting Schedule

General Vesting: 50% of all allocated tokens are locked for two months post-launch to ensure commitment and reduce market volatility. Specific vesting schedules for Core Contributors, Advisors, and Strategic Partners are as follows:

Core Contributors: 2-year vesting with a 6-month cliff.

Advisors: 1-year linear vesting after a 2-month cliff.

Strategic Partners: 1-year linear vesting.

Token Allocation & Use Cases

Foundation Treasury (22%): Funds reserved for the ongoing development, operational costs, and sustainability of the Queereum platform. Utilized for new projects, R&D, and infrastructure improvements.

Core Contributors (10%): Allocated to the team members who are pivotal to the project’s development, subject to vesting to align long-term interests.

Advisors (5%): Allocated to strategic advisors who provide expertise and guidance, vested over 2 years to ensure continued support and alignment.

Strategic Partners (8%): Tokens reserved for forming partnerships that facilitate the broader adoption and functionality of Queereum, vested to sustain long-term partnerships.

Liquidity Incentives (15%): To ensure ample liquidity on decentralized exchanges such as Uniswap and facilitate smooth trading of $QERM tokens.

Staking Incentives (20%): Reserved for rewarding users who stake their tokens to secure the network and participate in governance.

Community and Launch (15%): Allocated for marketing, community development, promotional events, and initial airdrops to increase adoption and community engagement.

Community Treasury (5%): Governed by $QERM holders and used for community initiatives, grants, and proposals that further the ecosystem.

Token Utility

Medium of Exchange: Used within the Queereum ecosystem for transactions in the marketplace.

Access to Premium Features: Tokens grant access to advanced features in QueerBuddy and Queeriverse.

Governance: Governance token, particularly significant for holders of the rarest NFTs, providing them with enhanced voting rights.

Staking Rewards: Holders can stake tokens to earn rewards, enhancing platform engagement and loyalty.

Presale Incentives: Tokens are offered during presale events with incentives to attract early adopters.

Release Strategy

To mitigate inflationary pressures and encourage a stable token economy, $QERM will have a controlled release strategy tied to milestones and project development phases. The release from the Foundation Treasury will be performance-based, aligned with the roadmap achievements.

Economic and Financial Projections

Detailed financial projections and expected token circulation growth will be based on user adoption rates, transaction volume on the marketplace, and participation in staking programs. This data will help inform adjustments to token supply schedules and staking rewards to maintain economic balance.

Conclusion

These tokenomics are designed to ensure the long-term viability and growth of the Queereum platform while aligning the interests of the stakeholders with the overall success of the project. Through strategic allocation, vesting, and a detailed release strategy, Queereum aims to foster a robust and thriving ecosystem centered around the empowerment of the LGBTQ+ community.