[$OwO LAUNCH] A Token To Empower Your Community!
HelloOwOo! It has been announced and promised since SoMon’s pre-season. Now, it’s official: Social Monsters, aka SoMon, your first Web3 social forum app, is launching its own community token: $OwO!
No more “wen tokenomics”, here’s all you have to know about the token, its tokenomics, the airdrop, and what’s awaiting you lil’Mons:
Token Details
- Token Ticker: $OwO
- Network: Base Mainnet 🔵
- Token Supply: 1,000,000,000
Token Allocation At TGE
3% of the token supply will be made available to the public according to their level of engagement during the SoMon Pre-Season as well as Season 1 on the mobile app. 93% will be locked in the SoMon’s decentralized vault and will be automatically redistributed to Seasonal winners, at a pace of 1% monthly. The rest (4%) is kept for liquidity purposes.
Within the 3% publicly distributed, the tokens will be allocated as follows:
- 10% for Early Birds
- 25% for Points earners
- 20% for Leaderboard Badge holders
- 33.33% for OwOG NFT holders
- 3.33% for eligible Discord members (Quality Content, KOL, etc)
- 8.33% for in-app Membership subscribers
(⚠️ warning: you must have an in-app account to validate your eligibility for Discord, Points and Badges rewards. For the OwOG NFTs, that in-app account must be bound to the wallet address holding it)
The SoMon airdrop for Season 1 will occur on August 1st 2024!
Token Vesting Schedule
None!
Yes, you heard it right.
You would receive your $OwO as soon as it is airdrop at the end of Season 1.
The rest of the supply will be distributed at Season 2 onwards to winners, at a pace of 1% monthly, automatically from the SoMon decentralized vault!
Stay tuned! Explore the SoMon mobile app (on iOS & Android), post, comment, create Tribes, follow others and keep in touch with us to stay updated on upcoming events and community programs.
See yOwOu!
About SoMon
SoMon is a web3 topic-based forum with… Social Monsters! It serves as a space where users can create vibrant and engaging tribes centered around their passions and fandoms. SoMon ensures that tribes, content, and social connections are wholly owned by users. SoMon is the first dApp powered by OpenSocial Protocol.
