Tokenomics
Total Supply
The total supply of (CTP) tokens is predetermined and fixed. This means that there is a specific maximum number of (CTP) tokens that will ever be created, ensuring scarcity and preventing inflationary issues.
Distribution
| Category | Amount | Proportion |
|---|---|---|
Total supply | 120 Million | |
Community Access | 74 Million | 62% |
Investors | 20 Million | 17% |
Airdrop & Marketing | 17 Million | 14% |
Foundation | 8.4 Million | 7% |
Token Sale | 0.48 Million | 0.4% |
The initial distribution of (CTP) tokens occurred through a fair and transparent process. During the token-only open 0.48 million token sale or initial coin offering (ICO) phase, CTP tokens were made available to early supporters, investors, and participants who wished to be part of the Crypto Toffee project.
Utility within Crypto Toffee
(CTP) holds paramount importance within the Crypto Toffee platform, as it is the primary token for participating in airdrops. Users who possess (CTP) tokens can effortlessly claim airdrop rewards without the need to manage multiple tokens, streamlining the airdrop process and enhancing user experience.
Staking Rewards
To incentivize user engagement and promote token holding, Crypto Toffee offers staking rewards to (CTP) token holders. By staking their (CTP) tokens, users can earn additional rewards, encouraging a loyal and active community.
Governance and Voting
(CTP) token holders have the opportunity to participate in governance and voting mechanisms on the Crypto Toffee platform. This democratic approach allows the community to influence platform decisions, such as future developments, feature implementations, and strategic directions.
Ecosystem Expansion
As the Crypto Toffee platform evolves and expands, so will the utility of (CTP) tokens. Crypto Toffee envisions integrating (CTP) into various aspects of its ecosystem, creating more use cases and benefits for token holders.
Sustainable Growth
The Tokenomics of (CTP) aims to foster sustainable growth and development of the Crypto Toffee platform. The platform's success is closely tied to the value and utility of (CTP), motivating continuous improvements and innovations.
In conclusion, the Tokenomics of Crypto Toffee Launch Coin (CTP) is carefully designed to facilitate a seamless airdrop experience, empower community engagement, and support the long-term growth of the Crypto Toffee ecosystem. As (CTP) continues to play a central role in the platform, its value and utility are expected to contribute significantly to the success and vibrancy of Crypto Toffee.
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