TGE & Tokenomics

Sanctum
2 min readMay 2, 2023

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TGE & Airdrop

May 3rd — 17.00 UTC

We’ll be airdropping tokens to all founder (pawns minted from the original pre-sale only) pawn holders, and creating a liquidity pool of $600k (300k SANCTA + 300k ETH). These will happen in quick succession, then it will be posted in the #announcements channel in the Discord.

Initial marketcap will be ~$1 million, with a 100,000,000 circulating supply

Tokenomics

Total Supply : 1,000,000,000 $SANCTA

Pre-sale : 7.2% | 72,000,000
Marketing : 2.8% | 28,000,00
Liquidity : 3% | 30,000,000
Liquidity incentives : 10% | 100,000,000
Team : 15% | 150,000,000
Treasury : 15% | 150,000,000
Development : 7% | 70,000,000
Game Economy : 40% | 400,000,000

All pre-sale buyers will be airdropped 12,000 tokens per pawn, which is equivalent to their pre-sale investment.

100 tokens = $1, at the starting price. Pre-salers will not be in profit.

Lockups & Vesting

All team tokens will be locked immediately. There will be a 3 month cliff, at which point there the tokens will be vested linearly over 2 years.

Additionally, each team member will be airdropped a pre-sale allotment of tokens fully unlocked. This will be 6 total allotments, giving ~$6k value each to the team members. This is for all their hard work thus far.

Liquidity will be locked for 6 months.

0.5% the marketing fund will be kept unlocked to fund incentives / promos / competitions during the time leading up to the full launch.

All other categories (Liquidity Incentives, Treasury, Development, Game Economy) will be locked for 1 month. We are locking for 1 month because we want to remain as flexible as possible when it comes to our economic model. Prior to it’s unlock, we will announce and detail another more permanent lock-up schedule.

This is just the start, and the team is taking a very long-term outlook on the project. Thanks to all of our supporters so far.

Links

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