An overview of $SPN’s tokenomics

SPORTZCHAIN
2 min readJul 30, 2022

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Following successful $SPN whitelisting in the first three rounds, here is a graph showing $SPN’s growth in public whitelisting.

Tokenomics is a phrase that refers to all the financial processes that go behind the scenes of a particular token. These processes, paths, or rules often end up defining the financial strength of a cryptocurrency token. Usually, the tokenomics of a cryptocurrency charts its growth rate and tentative plan as to how to approach it. Most buyers or even potential buyers are informed of a token’s tokenomics on the crypto’s official website. It’s often recommended by experts that one should take a look at the tokenomics of a crypto token before going for it during the whitelisting rounds.

The Tokenomics of $SPN
The first three rounds of $SPN were private, and have already been closed. The very first round saw the token being launched at the price of $0.0006. By the second round, the price had been increased to $0.0012 — a meteoric rise of 100%. As is apparent, the tokenomics of $SPN charts the token’s financial growth, with the help of which those interested in buying it can estimate its value growth. By the third and final private round, the price of $SPN was at $0.0020. The fourth round of $SPN will be public and there will be a 20% growth in its value, marking it at $0.0024. It will be available on IDO and IEO — Initial DEX Offering and Initial Exchange Offering. Of course, most people prefer to go with IEO these days for several reasons, including that it is more trustable. By the time $SPN comes to the stage of exchange listing, its price would’ve skyrocketed to $0.004 with a 66.67% increase from the previous round. Surely, the growth pattern of the token seems quite lucrative.

More details on launchpad partnerships and associates will be given on the https://app.sportzchain.com/

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