VVFIT Tokenomics
The Official Utility token of VitalVeda
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The Official Utility token of VitalVeda
Last updated
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The total supply of tokens will be pegged at a fixed supply of 17,600,000,000. VVFIT Token will be will soon plan private and public rounds and the date and schedule will be announced. The tokens will be distributed among the major stakeholders, Partners and Team Members in the following pattern:
This chart explains how the proceeds raised from the token sale activity will be utilized:
Seed
5%
1,378,080,000
Private
16.88%
1,527,680,000
Public (IDO)
5.66%
434,720,000
Liquidity
17.00%
3,168,000,000
Team & advisors
14.20%
2,499,200,000
Marketing
9.08%
1,070,080,000
External Partners
2.98%
700,480,000
Developer Partners
2.98%
700,480,000
Airdrops/Giveaways
2.37%
417,120,000
Reserves
12.05%
2,824,800,000
Staking pool
11.80%
2,076,800,000
Total
100.00%
17,600,000,000
Seed Round
880,000,000
0
12
10% In first month of TGE
Private Round
2,970,880,000
3
10
3% In first month of TGE
Public Round
996,160,000
0
6
15% In first month of TGE
There will be a vesting phase during which the team’s allocation will be locked for the first six or three months and then released 5% every 3 months. Additionally, marketing also will be provided 5% every 3 months for the next 21 times. Any surplus cash will be staked for times when the team needs more funding to cover unexpected expenditures. Following is the table of the plan vesting of VVFIT.
Team
6 Months
18
Project Development
3 Months
24
Marketing Partner
3 Months
24
Company Reserves
12 Months
36
Strategic Partner
3 Months
24
Liquidity Pool
0
18
Airdrop
3 Months
12
This Clustered Bar Demonstrate how the procced raised from VVFIT Token presale will be utilized:
