The Retoken Tokenomics
Retoken is launching RETO, a new token model that incentivizes new businesses to implement a blockchain referral model and find untapped distribution channels.
New referral systems must integrate with the current blockchain developments; otherwise, their utility will gradually decrease by building a new digital referral system on the blockchain Retoken focuses on providing intrinsic value for new platform users.
Retoken is launching its utility token on the Binance Smart Chain (BSC). By tokenizing every step in the manufacturer-buyer process, every user that participates in the new referral mechanism can benefit from unrestricted access to the unique transparent referral platform.
To provide clarity and transparency to our ecosystem, we’ve created a tokenomics model that ensures the entire system is self-sustaining in the long run.
We emphasize key metrics to convey trust within our community. Our model allows investors to identify the number of tokens allocated for each internal activity, how many tokens are set aside for private/public sales, and where funding will be allocated at the end of the sale.
Token Supply
Retoken is a BEP-20 utility token native to the BSC protocol. RETO tokens can be stored on the Retoken wallet or on any third-party wallet which supports Binance Smart Chain.
During the protocol’s genesis, Retoken will mint 1 billion tokens. No other new tokens will be issued after the initial mint.
RETO tokens will be distributed will be as follows:
Total supply: 1,000,000,000 RETO
Token Sale: 550,000,000 RETO
Team and Advisors: 200,000,000 RETO
Foundation: 100,000,000 RETO
Foundation Reserve: 50,000,000 RETO
Liquidity Pools: 50,000,000 RETO
Staking Bonus Rewards: 40,000,000 RETO
Security and Bounties: 10,000,000 RETO
Token Vesting
Retoken has implemented a token release schedule for tokens allocated to advisors, teams, and the foundation. As a result, tokens that are intended for private and public sale, as well as tokens that need to provide DEX liquidity, are immediately available.
The team, advisors, and the foundation sale have a vesting period of 1 year after the finality of the token sale. The groups mentioned above only have access to their tokens in the following year. There is no gradual token release for the team or the foundation.
Token Allocation
After the final sale, tokens will be allocated based on task urgency to ensure Retoken has both development, marketing, and business development support to see the finality of the product.
Technical Development: 54% of the funds will be directed to backend development. More specifically, Retoken will direct investment funds towards console and wallet development as they represent key product features that need to be polished and error-free.
Business Development: 22% of funds will be used to create new business opportunities across the globe. This entails opening new offices with strategic merchant partners to maximize the product’s visibility.
Marketing and PR: 20% of funds will be allocated for digital marketing campaigns. Retoken will focus on various information channels and use influencer marketing strategies to increase user engagement and onboarding.
Legal and Finance: 4% will be allocated to ensure the Retoken platform abides by the regulation of each country.
Token Sale Information
Token Sale Price: $0.01
DEX Listing Price: $0.011
We are extremely excited to jumpstart our Retoken journey. We appreciate all the support so far, and we will provide more information in the coming days regarding the Public Sale.
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