Overview
Dripto team has carefully planned the tokenomics and distribution to be future-proof. The total $DRYP supply will be $150 million and launch price ~$0.011. At launch, the $DRYP market cap will be around $1.7million with a circulating market cap of around $450K. The liquidity of $DRYP will be in BNB.
$DRYP will have taxes on each transaction, buys will incur a 10% tax, and sells will incur a 14% tax. Not only will this mitigate swing trading, but also provide Dripto the necessary revenue to continue operations, marketing, development, and logistics. There is flexibility to reduce taxes or have no taxes at a later stage when our platform reaches a point of profitability and we no longer need to rely on contract revenue. Full taxes breakdown can be viewed on our website.
$DRYP’s token distribution is designed to support our platform and token ecosystem for years to come. The distribution and vesting schedules are specified below.
You can view the full whitepaper here
Supply Allocation
Team
Allocating 5% of supply to the Dripto team will ensure that we continue to work hard for this project and gives real incentive to succeed. Tokens will be unlocked after a 90-day cliff, with a 12-month vesting.
Advisors
Through industry-leading connections, we’re able to bolster our team with highly skilled and knowledgeable advisors to help scale and grow our business.
Strategic Partnerships
Reserved for partnerships ranging from venture capitalists, brands, and celebrities, this enables Dripto to leverage stake in our company to build long-lasting relationships.
Treasury
Flexible use including CEX listing opportunities and cross-chain liquidity. We’re taking steps towards a more decentralized platform and giving our community a bigger voice through a governance system as treasury may be used for community-driven purposes.
Staking
~22% of supply allocated to staking to enable long-term 3rd-party and native staking solutions. Staking opportunities are highly desired by investors and will promote longevity and stability of the $DRYP token by rewarding those who stake and provide liquidity.
Liquidity
Allocated to liquidity, making $DRYP tradeable.
Early Adopters
The earliest supporters of the project, originating from migrated $NINJA tokens ~2.6% total supply allocation.
IDO
Allocated towards our launchpads, who will raise our last rounds of funding and support Dripto for launch and beyond.
Presales
Allocated for additional fundraising outside the seed sale and IDO; this is the 2 fundraises that occurred through the Dripto website.
Seed Sale
Early supporters of Dripto, seed investors form the foundation of this launch.
