In this article we will describe the use cases for PRISM Governance Token, as well as it’s tokenomics and our vision for it.
Basic Information about the PRISM token:
Ticker (Token Symbol): PRISM
Total Supply: 10,000,000,000 (10 billion)
Initial Circulating Supply: 580,000,000 $PRISM (5.8%)
Public Sale Price: $0.0025
Initial Market Cap: $1,450,000
Here’s what the token allocation and release schedule looks like:
Total Unlock Period for $PRISM tokens is 5 years.
The tokens are allocated as following:
Incentives — 30%
Ecosystem — 21%
Rewards Program — 25%
Liquidity — 10%
Team — 10% (Locked up for 1 year)
Public Sale — 3%
Airdrop — 1%
Composition of the initial circulating supply (5.8%):
- Public Sale — 3%
- Liquidity (For DEXs & CEXs) — 1.5%
- Incentives (Liquidity Mining) — 0.3%
- Airdrop — 1%
In the first year, circulating supply will reach 10% with the following composition:
Airdrop — 1%
Public Sale — 3%
Team — 0%
Rewards Program — 1%
Incentives — 2%
Liquidity — 2%
Ecosystem — 2%
Total: 10%
After the first year, the rest of 90% of the total supply starts unlocking linearly over 4 years.
PRISM IDO
PRISM public sale will be on Star Launch, with registrations opening on December 12th, 4PM UTC. To be eligible to participate in the IDO, read the following post, and head over to app.startlaunch.com
Details about the IDO:
- Sale Price — 0.0025$ (1 USDC = 400 PRISM)
- Sale Amount — 725,000$ (290,000,000 PRISM)
- Registration Open: December 12th, 2021 4PM UTC
- Registration Close: December 14th, 2021 4PM UTC
- Whitelist Sale Open: December 15th, 2021 4PM UTC
- Whitelist Sale Close: December 16th, 2021 4PM UTC
- First-Come-First-Serve Open: December 16th, 2021 4:01PM UTC
